Centro de Documentación de Fundación MAPFRE - The Management of decumulation risks in a defined contribution pension plan

Notes: The aim of this study is to lay the theoretical foundations for the construction of a flexible tool that can be used by pensioners fo find optimal investment and consumption choices in the distribution phase of a defined contribution pension plan. The investment-consumption plan is adopted until the time of compulsory annuitization, taking into account the possibility of earlier death. The effect of the bequest motive and the desire to buy a higher annuity than the one purchasable at retirement are included in the objective functionRelated records: En: North American Actuarial Journal. - Schaumburg, Illinois. - Vol. 10, nº 1, January 2006 ; p. 84-110Materia / lugar / evento: Cálculo actuarial Métodos actuariales Matemática financiera Matemática del seguro Fórmulas estadísticas Planes de pensiones Jubilación Otros autores: Haberman, Steven
Vigna, Elena
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