Advances in Retirement Investing - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Advances in Retirement Investing write by Lionel Martellini. This book was released on 2020-09-10. Advances in Retirement Investing available in PDF, EPUB and Kindle. To supplement replacement income provided by Social Security and employersponsored pension plans, individuals need to rely on their own saving and investment choices during accumulation. Once retired, they must also decide at which rate to spend their savings, with the usual dilemma between present and future consumption in mind. This Element explains how financial engineering and risk management techniques can help them in these complex decisions. First, it introduces 'retirement bonds', or retirement bond replicating portfolios, that provide stable and predictable replacement income during the decumulation period. Second, it describes investment strategies that combine the retirement bond with an efficient performanceseeking portfolio so as to reduce uncertainty over the future amount of income while offering upside potential. Finally, strategies using risk insurance techniques are proposed to secure minimum levels of replacement income while giving the possibility of reaching higher levels of income.
Goal-based Investing: Theory And Practice
Goal-based Investing: Theory And Practice - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Goal-based Investing: Theory And Practice write by Romain Deguest. This book was released on 2021-07-13. Goal-based Investing: Theory And Practice available in PDF, EPUB and Kindle. Goal-based investing is a new paradigm that is expected to have a profound and long-lasting impact on the wealth management industry. This book presents the concept in detail and introduces a general operational framework that can be used by financial advisors to help individual investors optimally allocate their wealth by identifying performance-seeking assets and hedging assets. Grounded in the principles of asset pricing and portfolio optimisation, the goal-based investing approach leads to the design of investment solutions that truly respond to investors' problems, which can most often be summarized as follows: secure essential goals with the highest confidence level and maximize the chances to reach aspirational goals.A series of case studies guides the reader through the implementation of goal-based investing, illustrates the efficiency of this paradigm and explains how one can accommodate a variety of implementation features such as taxes, short-sales constraints, parameter estimation risk, as well as limited customisation.
Secure Retirement: Connecting Financial Theory and Human Behavior
Secure Retirement: Connecting Financial Theory and Human Behavior - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Secure Retirement: Connecting Financial Theory and Human Behavior write by Jacques Lussier. This book was released on 2019-09-19. Secure Retirement: Connecting Financial Theory and Human Behavior available in PDF, EPUB and Kindle. Financial science, both quantitative and behavioral, can be used to improve the retirement planning effort. Despite a vast amount of literature on the topic, Secure Retirement recognizes the need to validate this knowledge and develop a comprehensive framework for investors.
The Disruptive Impact of FinTech on Retirement Systems
The Disruptive Impact of FinTech on Retirement Systems - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Disruptive Impact of FinTech on Retirement Systems write by Julie Agnew. This book was released on 2019-09-06. The Disruptive Impact of FinTech on Retirement Systems available in PDF, EPUB and Kindle. Many people need help planning for retirement, saving, investing, and decumulating their assets, yet financial advice is often complex, potentially conflicted, and expensive. The advent of computerized financial advice offers huge promise to make accessible a more coherent approach to financial management, one that takes into account not only clients' financial assets but also human capital, home values, and retirement pensions. Robo-advisors, or automated on-line services that use computer algorithms to provide financial advice and manage customers' investment portfolios, have the potential to transform retirement systems and peoples' approach to retirement planning. This volume offers cutting-edge research and recommendations regarding the impact of financial technology, or FinTech, to disrupt retirement planning and retirement system design.
Retirement Planning For Dummies
Retirement Planning For Dummies - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Retirement Planning For Dummies write by Matthew Krantz. This book was released on 2020-01-07. Retirement Planning For Dummies available in PDF, EPUB and Kindle. Advice and guidance on planning for retirement Retirement Planning For Dummies is a one-stop resource to get up to speed on the critical steps needed to ensure you spend your golden years living in the lap of luxury—or at least in the comfort of your own home. When attempting to plan for retirement, web searching alone can cause you more headaches than answers, leaving many to feel overwhelmed and defeated. This book takes the guesswork out of the subject and guides readers while they plan the largest financial obligation of their life. Take stock of your finances Proactively plan for your financial future Seek the help of professionals or go it alone Use online tools to make retirement planning easier Whether you're just starting out with a 401(k) or you’re a seasoned vet with retirement in your near future, this book helps younger and older generations alike how to plan their retirement.
