household retirement choices. As the population ages, fiscal challenges created when many individuals retire from working and … paying tax to drawing government funded benefits and services present some stark policy choices. Understanding how retirement …

This paper evaluates a new variant of the popular target date funds used in employer-based retirement savings plans. We … call this new variant a "target retirement plan." Instead of increasing the allocation to bond funds as retirement … approaches, a target retirement fund gradually purchases deferred life annuities beginning at age 50. In the particular straw …

Life Insurance Retirement Plans (LIRPs) offer tax-deferred cash value accumulation, tax-free withdrawals (if properly … structured), and a tax-free death benefit to beneficiaries. Thus, LIRPs share many of the tax advantages of other retirement … examine the potential of LIRPs to meet both income and bequest needs in retirement. We contrast retirement portfolios that …

Dynamic retirement glidepaths evolve over time based on some measure such as the retiree's funded status or current … static retirement glidepath would be the one that performs better than all others with respect to some metric. When … systematic withdrawals are made from a retirement portfolio, glidepaths are often assessed via the probability of ruin (or …

The paper presents a model of retirement plan enrollment, under the presence of a default asset portfolio, in which …), but instead of the savings rate, the agent optimally chooses his asset portfolio for retirement, according to his risk …