allocating retirement savings within a compulsory defined contribution retirement plan. The paper develops the implications and … retirement savings scheme. The experiment finds overall rates of violation of roughly 25%, and substantial variation in rates … contribution retirement schemes, where the future welfare of current workers depends on quantitative decision-making skills that a …

This paper explores the effect of letting individuals choose their retirement age in a world of uncertainty where there … finds that it is preferable to let people make their retirement decision after rather than before the uncertainty is lifted …

Even with the generally recognized “safe” withdrawal amount of 4% of the retirement portfolio starting balance, more … than 5% of retirement portfolios will run out of money over a 30-year period. Bootstrap simulations were used to estimate … the probability of outliving a retirement portfolio as increasing proportions of a tax-deferred account are annuitized …

derive the optimal retirement portfolio from a menu that includes payout annuities as well as an investment allocation and a … allocation, when fixed as of retirement, is then compared to phased withdrawal strategies such a %u201Cself-annuitization%u201D …

decumulation phase following retirement. We investigate the withdrawal experience associated with Glidepath Investing in the US … retirement income experience than diversifying one's portfolio across asset classes. We also show that Glidepath investing is …