||7 of 7 people found the following review helpful.| Mensa reader|By ERL|This book is a actually a compilation of different academic studies, written at a graduate-level, which primarily analyzes the merits of variable annuities. It's not "light reading", unless you enjoy mathematical algorithms and tables of study findings. However, the writers all present extremely well-researched and pursuasive conclusions about the importa|||"This book is an outstanding contribution to our knowledge base about the role of annuities in assisting households to finance their retirements. It's the first book I've seen to cover these topics."--Laurence J. Kotlikoff, Department of Economics, Boston Un
Dramatic advances in life expectancy mean that today's retirees must plan on living into their eighties, their nineties, and even beyond. Longer life expectancies are the symbol of a prosperous society, but this progress also means that some retirees will need to plan conservatively and cut back substantially on their living standards or risk living so long that they exhaust their resources. This book examines the role that life annuities can play in helping people... [PDF.tx86] The Role of Annuity Markets in Financing Retirement (MIT Press) Rating: 4.97 (750 Votes)
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