Will we outlive our money?
Fewer and fewer Americans retire with benefits in the form of life annuities. The author raises key issues regarding the increased importance that uncertainty plays in determining retirement income. The key issues include longevity risk and how savings withdrawals rates will be affected at varying rates of return.
Salisbury
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Employee Benefit Research Institute (EBRI), Washington, D.C., USA.
D000368:Aged; D005382:Financing, Personal; D006801:Humans; D007182:Income; D007250:Inflation, Economic; D007449:Investments / Q000191:economics*; D008017:Life Expectancy; D012179:Retirement / Q000191:economics*; D012943:Social Security; D014481:United States