Introduction and Overview -- Recent Developments in Life Annuity Markets and Products -- Longevity-Insured Retirement Distributions : Basic Theories and Institutions -- Who Prefers Annuities? -- Comparing Strategies for Retirement Wealth Managemen t: Mutual Funds and Annuities -- Optimizing the Equity-Bond-Annuity Portfolio in Retirement : The Impact of Uncertain Health Expenses -- Good Strategies for Wealth Management and Income Production in Retirement -- In Sickness and in Health : An Annuity Approach to Financing Long-Term Care and Retirement Income -- Tax Issues and Life Care Annuities -- Recent and Proposed Legal and Regulatory Developments Affecting Retirement Plan Distributions, Especially Annuities
Summary
With 'Retirement Income', Warshawsky offers not abstract theory or highly technical methodology but practical ideas based on the results of empirical investigations and analyses, which can be applied to household decision making by retirees and their financial planners and to the design of insurance products and public policy
