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020 |a 9781613246061  |q ebook 
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020 |z 9781607416968 (hbk.) 
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049 |a UAMI 
245 0 0 |a Financial asset management and wealth in retirement /  |c Terrance G. Waverly, editor. 
260 |a New York :  |b Nova Science Publishers,  |c c2010. 
300 |a 1 online resource (viii, 128 p.). 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
340 |g polychrome.  |2 rdacc  |0 http://rdaregistry.info/termList/RDAColourContent/1003 
347 |a text file  |2 rdaft  |0 http://rdaregistry.info/termList/fileType/1002 
490 1 |a Retirement issues, plans and lifestyles 
504 |a Includes bibliographical references and index. 
588 |a Description based on print version record and CIP data provided by publisher; resource not viewed. 
505 0 |a FINANCIAL ASSET MANAGEMENT AND WEALTH IN RETIREMENT; RETIREMENT ISSUES, PLANS AND LIFESTYLES; CONTENTS; PREFACE; THE TRAJECTORY OF WEALTH IN RETIREMENT ; ABSTRACT; 1. INTRODUCTION; 2. DATA; 2.1. Methods; 2.2. Characteristics of the Sample; 2.3. The Composition and Level of Comprehensive Wealth in the HRS; 3. A MEASURE OF ANNUALIZED WEALTH FOR RETIREES; 3.1. Definition of Annualized Wealth; 3.2. Annualized Wealth and the Life Cycle Model; 3.3. Annualized Wealth and Joint Life Annuities; 3.4. Discussion of Annualized Wealth; 3.5. Annualized Wealth in the HRS. 
505 8 |a 4. NONPARAMETRIC AGE PROFILES OF COMPREHENSIVE WEALTH IN THE HRS4.1. Methodology; 4.2. Results; 5. REGRESSION-BASED AGE PROFILES OF COMPREHENSIVE WEALTH IN THE HRS; 5.1. Methodology; 5.2. Results; 5.3. The Effect of Capital Gains on the Estimated Age Profiles; 6. PREDICTED AGE PROFILES FOR ANNUALIZED COMPREHENSIVE WEALTH FROM LIFE CYCLE MODEL SIMULATIONS; 6.1. Description of the Models We Consider; 6.2. Comparison of Age Profiles from the HRS and the Model Simulations; 7. CONCLUSION; REFERENCES; APPENDIX 1: PRESENT VALUE CALCULATIONS FOR THE ANNUITY-LIKE COMPONENTS OF COMPREHENSIVE WEALTH. 
505 8 |a Defined Benefit Pension BenefitsSocial Security Benefits; Annuities and Welfare Benefits; APPENDIX 2: DETAILED DESCRIPTION OF THE LIFE CYCLE MODEL SIMULATIONS REPORTED IN THE PAPER; Simulation Results; Baseline Life Cycle Model; Effect of Uncertain Longevity; Effect of a Bequest Function; Effect of Differential Mortality by Wealth; Effect of Random Medical Expenses; End Notes; CONVERTING RETIREMENT SAVINGS INTO INCOME: ANNUITIES AND PERIODIC WITHDRAWALS ; SUMMARY; INTRODUCTION; THE NATURE OF RISK IN RETIREMENT; Longevity Risk; Inflation Risk; Investment Risk; Unexpected Events. 
505 8 |a ANNUITIES AS A SOURCE OF RETIREMENT INCOMEThe Current Market for Annuities; Group Annuities; Individual Annuities; Timing of Payments; Rates of Return; Inflation Protection Options; Tax Treatment of Annuities; Taxation of Income from a Fixed Annuity; Taxation of Income from a Variable Annuity; Tax Exclusion for Long-Term Care Insurance; Consumer Protections and the Regulatory Environment; State Regulation of Annuities; Federal Regulation of Annuities; Why Is Demand for Individual Annuities So Low?; Complexity and Lack of Transparency in Annuity Expenses. 
505 8 |a Lack of Flexibility in Dealing with Unexpected ExpensesRETIREMENT ACCOUNT WITHDRAWAL STRATEGIES; HOW LONG WILL A RETIREMENT ACCOUNT LAST WITH FIXED ANNUAL WITHDRAWALS?; Initial Rate of Withdrawal; Investment Portfolio; Probability of Assets Lasting for at Least a Specific Number of Years; Portfolio of 65% Stocks and 35% Bonds; Portfolio of 35% Stocks and 65% Bonds; Estimates Incorporating Life Expectancy; Estimates of Variable Annual Withdrawals; SUMMARY OF WITHDRAWAL STRATEGIES: BALANCING RISKS; APPENDIX A. WHAT IS ""MONTE CARLO"" ANALYSIS?; APPENDIX B. UNITED STATES LIFE TABLES, 2004. 
590 |a eBooks on EBSCOhost  |b EBSCO eBook Subscription Academic Collection - Worldwide 
650 0 |a Cost and standard of living  |z United States  |x Econometric models. 
650 0 |a Retirement income  |z United States  |x Econometric models. 
650 0 |a Retirees  |z United States  |x Economic conditions. 
650 0 |a Wealth  |z United States  |x Econometric models. 
650 6 |a Coût et niveau de la vie  |z États-Unis  |x Modèles économétriques. 
650 6 |a Revenu de retraite  |z États-Unis  |x Modèles économétriques. 
650 6 |a Retraités  |z États-Unis  |x Conditions économiques. 
650 6 |a Richesse  |z États-Unis  |x Modèles économétriques. 
650 7 |a BUSINESS & ECONOMICS  |x Personal Finance  |x Retirement Planning.  |2 bisacsh 
650 7 |a Cost and standard of living  |x Econometric models  |2 fast 
650 7 |a Retirees  |x Economic conditions  |2 fast 
650 7 |a Retirement income  |x Econometric models  |2 fast 
650 7 |a Wealth  |x Econometric models  |2 fast 
651 7 |a United States  |2 fast 
700 1 |a Waverly, Terrance G. 
776 0 8 |i Print version:  |t Financial asset management and wealth in retirement  |d New York : Nova Science Publishers, c2010.  |z 9781607416968 (hbk.)  |w (DLC) 2010016687 
830 0 |a Retirement issues, plans and lifestyles. 
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