Annuities and Other Retirement Products

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Author :
Publisher : World Bank Publications
ISBN 13 : 0821385747
Total Pages : 376 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Annuities and Other Retirement Products by : Roberto Rezende Rocha

Download or read book Annuities and Other Retirement Products written by Roberto Rezende Rocha and published by World Bank Publications. This book was released on 2011 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1990s many emerging economies in Central Europe and Latin America initiated their pension reforms. While most analysis to date has focused on the accumulation phase, there are a number of lessons to be shared as countries start to prepare the retirement options for their contributors, with this book addressing these issues from a public policy perspective.

Annuities For Dummies

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118051939
Total Pages : 373 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis Annuities For Dummies by : Kerry Pechter

Download or read book Annuities For Dummies written by Kerry Pechter and published by John Wiley & Sons. This book was released on 2011-02-09 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why look into annuities? If you’re a Baby Boomer with little or no pension and most of your money in low-interest savings accounts, an annuity may be the key to a secure and comfortable retirement. How can you find out whether an annuity is right for you? Read Annuities For Dummies, 3rd Edition. This completely revised and updated, plain-English guide is packed with the latest information on choosing the best annuity for your retirement needs. You’ll find out exactly what annuities are, whether they’re the right financial vehicle for you, and which of the many annuity options might have your name on it. You’ll learn the ins and outs of using annuities to fund your retirement years, figure out whether to stress investments with insurance or insurance with investments, and find out how the right combination of annuities can help you squeeze more income out of your savings that any other financial tool. Discover how to: Identify the main types of annuities Weigh the pros and cons of annuities for yourself Minimize the complexity and cost of your annuity investment Figure out how much money to commit Avoid common annuity pitfalls Create an income you can’t outlive The time to start securing your financial future is now. Annuities For Dummies, 3rd Edition, gives you knowledge, insider tips, and expert advice you need to make your money do its best for you.

The Role of Annuity Markets in Financing Retirement

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Author :
Publisher : MIT Press
ISBN 13 : 9780262261692
Total Pages : 248 pages
Book Rating : 4.2/5 (616 download)

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Book Synopsis The Role of Annuity Markets in Financing Retirement by : Jeffrey R. Brown

Download or read book The Role of Annuity Markets in Financing Retirement written by Jeffrey R. Brown and published by MIT Press. This book was released on 2001-11-09 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annuity insurance products help protect retirees against outliving their incomes. 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 protect themselves against such outcomes. A life annuity is an insurance product that pays out a periodic amount for as long as the annuitant is alive, in exchange for a premium. The book begins with a history of life annuity markets during the twentieth century in the United States and elsewhere. It then explores recent trends in annuity pricing and money's worth, as well as the economic value generated for purchasers of these products. The book explains the potential importance of inflation-protected annuities and stock-market-linked variable annuities in providing more complete retirement security. The concluding chapters examine life annuities in various institutional settings and the tax treatment of annuity products.

Pension and Annuity Income

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Author :
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.3/5 (126 download)

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Book Synopsis Pension and Annuity Income by : United States. Internal Revenue Service

Download or read book Pension and Annuity Income written by United States. Internal Revenue Service and published by . This book was released on 1990 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Complete Idiot's Guide to Buying Insurance and Annuities

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Author :
Publisher : Penguin
ISBN 13 : 9780028611136
Total Pages : 378 pages
Book Rating : 4.6/5 (111 download)

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Book Synopsis The Complete Idiot's Guide to Buying Insurance and Annuities by : Brian Breuel

Download or read book The Complete Idiot's Guide to Buying Insurance and Annuities written by Brian Breuel and published by Penguin. This book was released on 1996 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduces the principles of purchasing insurance against anticipated risks, and discusses life, diasability, and health insurance, annuities, and property and casualty insurance

The Economic Theory of Annuities

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Author :
Publisher : Princeton University Press
ISBN 13 : 1400829429
Total Pages : 184 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis The Economic Theory of Annuities by : Eytan Sheshinski

Download or read book The Economic Theory of Annuities written by Eytan Sheshinski and published by Princeton University Press. This book was released on 2021-05-11 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annuities are financial products that guarantee the holder a fixed return so long as the holder remains alive, thereby providing insurance against lifetime uncertainty. The terms of these contracts depend on the information available to insurance firms. Unlike age and gender, information about individual survival probabilities cannot be readily ascertained. This asymmetric information causes market inefficiencies, such as adverse selection. Groundbreaking in its scope, The Economic Theory of Annuities offers readers a theoretical analysis of the functioning of private annuity markets. Starting with a general analysis of survival functions, stochastic dominance, and characterization of changes in longevity, Eytan Sheshinski derives the demand for annuities using a model of individuals who jointly choose their lifetime consumption and retirement age. The relation between life insurance and annuities that have a bequest option is examined and "annuity options" are proposed as a response to the lack of secondary markets. This book also investigates the macroeconomic policy implications of annuities and changes in longevity on aggregate savings. Sheshinski utilizes statistical population theory to shed light on the debate of whether the surge in savings and growth in Asia and other countries can be attributed to higher longevity of the population and whether this surge is durable. This book shows how understanding annuities becomes essential as governments that grapple with insolvency of public social security systems place greater emphasis on individual savings accounts.

Financial Mathematics For Actuaries (Second Edition)

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Author :
Publisher : World Scientific Publishing Company
ISBN 13 : 981322469X
Total Pages : 372 pages
Book Rating : 4.8/5 (132 download)

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Book Synopsis Financial Mathematics For Actuaries (Second Edition) by : Wai-sum Chan

Download or read book Financial Mathematics For Actuaries (Second Edition) written by Wai-sum Chan and published by World Scientific Publishing Company. This book was released on 2017-07-28 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial Mathematics for Actuaries is a textbook for students in actuarial science, quantitative finance, financial engineering and quantitative risk management and is designed for a one-semester undergraduate course.Covering the theories of interest rates, with applications to the evaluation of cash flows, the pricing of fixed income securities and the management of bonds, this textbook also contains numerous examples and exercises and extensive coverage of various Excel functions for financial calculation. Discussions are linked to real financial market data, such as historical term structure, and traded financial securities.The topics discussed in this book are essential for actuarial science students. They are also useful for students in financial markets, investments and quantitative finance. Students preparing for examinations in financial mathematics with various professional actuarial bodies will also find this book useful for self-study.In this second edition, the recent additions in the learning objectives of the Society of Actuaries Exam FM have been covered.

Swiss Annuities and Life Insurance

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 0470282185
Total Pages : 354 pages
Book Rating : 4.4/5 (72 download)

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Book Synopsis Swiss Annuities and Life Insurance by : Marco Gantenbein

Download or read book Swiss Annuities and Life Insurance written by Marco Gantenbein and published by John Wiley & Sons. This book was released on 2008-03-31 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Swiss Annuities and Life Insurance examines the key characteristics of Swiss annuities and life insurance, and explains how the use of these products can help you achieve asset protection, growth, and, in some cases, significant tax planning opportunities. Swiss annuities and life insurance are an excellent alternative investment, particularly for high-net-worth individuals. With this expert guidebook, you too will learn how to safely capitalize on these attractive products.

Metamodeling for Variable Annuities

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Author :
Publisher : CRC Press
ISBN 13 : 1000651010
Total Pages : 196 pages
Book Rating : 4.0/5 (6 download)

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Book Synopsis Metamodeling for Variable Annuities by : Guojun Gan

Download or read book Metamodeling for Variable Annuities written by Guojun Gan and published by CRC Press. This book was released on 2019-07-05 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is devoted to the mathematical methods of metamodeling that can be used to speed up the valuation of large portfolios of variable annuities. It is suitable for advanced undergraduate students, graduate students, and practitioners. It is the goal of this book to describe the computational problems and present the metamodeling approaches in a way that can be accessible to advanced undergraduate students and practitioners. To that end, the book will not only describe the theory of these mathematical approaches, but also present the implementations.

Guide to Understanding Annuities

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Author :
Publisher : Lightbulb Press, Inc.
ISBN 13 : 0974038687
Total Pages : 35 pages
Book Rating : 4.9/5 (74 download)

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Book Synopsis Guide to Understanding Annuities by : Virginia B. Morris

Download or read book Guide to Understanding Annuities written by Virginia B. Morris and published by Lightbulb Press, Inc.. This book was released on 2004 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Principles of Insurance

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Author :
Publisher : Flmi Insurance Education Program Life Management Oma
ISBN 13 : 9780939921744
Total Pages : 0 pages
Book Rating : 4.9/5 (217 download)

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Book Synopsis Principles of Insurance by : Harriett E. Jones

Download or read book Principles of Insurance written by Harriett E. Jones and published by Flmi Insurance Education Program Life Management Oma. This book was released on 1996 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Retirement Income Recipes in R

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Author :
Publisher : Springer Nature
ISBN 13 : 303051434X
Total Pages : 302 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Retirement Income Recipes in R by : Moshe Arye Milevsky

Download or read book Retirement Income Recipes in R written by Moshe Arye Milevsky and published by Springer Nature. This book was released on 2020-09-26 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides computational tools that readers can use to flourish in the retirement income industry. Each chapter describes recipe-like algorithms and explains how to implement them via simple scripts in the freely available R coding language. Students can use those skills to generate quantitative answers to the most common questions in retirement income planning, as well as to develop a deeper understanding of the finance and economics underlying the field itself. The book will be an excellent asset for experienced students who are interested in advanced wealth management, and specifically within courses that focus on holistic modeling of the retirement income process. The material will also be useful to current and future wealth management professionals within the financial services industry. Readers should have a solid understanding of financial principles, as well as a rudimentary background in economics and accounting.

Guaranteed Income for Life

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Author :
Publisher : McGraw-Hill Companies
ISBN 13 : 9780070382978
Total Pages : 0 pages
Book Rating : 4.3/5 (829 download)

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Book Synopsis Guaranteed Income for Life by : Michael F. Lane

Download or read book Guaranteed Income for Life written by Michael F. Lane and published by McGraw-Hill Companies. This book was released on 1998-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lane shows specific ways to use variable annuities to achieve lifelong financial security and gives tips on how to pick the best product for any given situation. 30 charts & graphs.

Profiting with Synthetic Annuities

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Author :
Publisher : FT Press
ISBN 13 : 0132929112
Total Pages : 241 pages
Book Rating : 4.1/5 (329 download)

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Book Synopsis Profiting with Synthetic Annuities by : Michael Lynn Lovelady

Download or read book Profiting with Synthetic Annuities written by Michael Lynn Lovelady and published by FT Press. This book was released on 2012 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Options-based "synthetic annuities" give investors the ability to generate higher returns, provide better downside protection, and utilize risk more efficiently than pure stock and bond-based portfolios. Now, this strategy's creator shows exactly how to use them to support a wide range of trading and investing goals. Hedge fund manager Michael Lovelady shows how synthetic annuities blend the best features of traditional portfolios with the risk management discipline of quantitative investing, increasing current yields while also reducing volatility. Michael presents this new strategy with unique graphics and simplified models that any investor or trader can use, and demonstrates its value in the context of today's key market trends. He illuminates the entire "ecosystem" of theories, products, and tools surrounding synthetic annuities, and shows exactly how to integrate them with other investment and portfolio management techniques.

Index Annuities

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Publisher :
ISBN 13 : 9780972825146
Total Pages : 325 pages
Book Rating : 4.8/5 (251 download)

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Book Synopsis Index Annuities by : John Olsen

Download or read book Index Annuities written by John Olsen and published by . This book was released on 2010-12 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Handbook of Variable Income Annuities

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 047177376X
Total Pages : 802 pages
Book Rating : 4.4/5 (717 download)

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Book Synopsis The Handbook of Variable Income Annuities by : Jeffrey K. Dellinger

Download or read book The Handbook of Variable Income Annuities written by Jeffrey K. Dellinger and published by John Wiley & Sons. This book was released on 2006-08-28 with total page 802 pages. Available in PDF, EPUB and Kindle. Book excerpt: In-depth coverage of variable income annuities With trillions of dollars in retirement savings assets, the tens of millions of Americans on the precipice of retirement need to convert these savings into retirement income. The fact that variable income annuities (VIAs) generate maximum lifetime income with zero probability of outliving it has spurred the need for more information about VIAs. The Handbook of Variable Income Annuities is by far the most comprehensive source of information on this topic. This book thoroughly describes the most important principles of optimal asset liquidation and demystifies VIA mechanics, so readers can gain a high comfort level with this important financial instrument. Interestingly and clearly, The Handbook of Variable Income Annuities explains the mathematical pricing of variable income annuities, expected rates of return, taxation, product distribution, legal aspects, and much more. Jeffrey K. Dellinger (Fort Wayne, IN), a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries, has over 25 years experience in the financial services sector. He advises institutions on retirement income optimization, products, and markets.

Financial Literacy

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Author :
Publisher : University Press of America
ISBN 13 : 0761853103
Total Pages : 388 pages
Book Rating : 4.7/5 (618 download)

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Book Synopsis Financial Literacy by : Kenneth Kaminsky

Download or read book Financial Literacy written by Kenneth Kaminsky and published by University Press of America. This book was released on 2010-09-28 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Requiring only a background in high school algebra, Kaminsky's Financial Literacy: Introduction to the Mathematics of Interest, Annuities, and Insurance uses an innovative approach in order to make today's college student literate in such financial matters as loans, pensions, and insurance. Included are hundreds of examples and solved problems, as well as several hundred exercises backed up by a solutions manual.