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distribution of retirement wealth and the expected utility of wealth at retirement. It considers both rules that allocate a … assets as the worker ages. The analysis simulates retirement wealth using asset returns that are drawn from the historical … return distribution. The results suggest that the distribution of retirement wealth associated with typical lifecycle …
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using an example with U.S. market returns which leads to wealth depletion after a thirty-year retirement. We show how minor … spending adjustments can lead to dramatically different outcomes for remaining investment wealth at the end of the thirty …
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distribution of retirement wealth and the expected utility of wealth at retirement. It considers both rules that allocate a … as the worker ages. The analysis simulates retirement wealth using asset returns that are drawn from the historical … return distribution. The results suggest that the distribution of retirement wealth associated with typical lifecycle …
Persistent link: https://www.econbiz.de/10012466697