Optimal and Simple, Nearly Optimal Rules for Minimizing the Probability Of Financial Ruin in Retirement
From MaRDI portal
Publication:5018740
DOI10.1080/10920277.2006.10597418zbMath1480.91232OpenAlexW2078867600MaRDI QIDQ5018740
Kristen S. Moore, Virginia R. Young
Publication date: 22 December 2021
Published in: North American Actuarial Journal (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1080/10920277.2006.10597418
Variational inequalities (49J40) Stopping times; optimal stopping problems; gambling theory (60G40) Actuarial mathematics (91G05)
Related Items (14)
Minimizing lifetime poverty with a penalty for bankruptcy ⋮ Minimizing the probability of lifetime drawdown under constant consumption ⋮ Optimal proportional reinsurance to minimize the probability of drawdown under thinning-dependence structure ⋮ Target-Bequest Investment and Insurance Fund ⋮ On minimizing drawdown risks of lifetime investments ⋮ Minimizing the probability of lifetime ruin under stochastic volatility ⋮ Maximizing the utility of consumption with commutable life annuities ⋮ REACHING A BEQUEST GOAL WITH LIFE INSURANCE: AMBIGUITY ABOUT THE RISKY ASSET'S DRIFT AND MORTALITY'S HAZARD RATE ⋮ Minimizing the probability of lifetime exponential Parisian ruin ⋮ A SIMPLE AND NEARLY OPTIMAL INVESTMENT STRATEGY TO MINIMIZE THE PROBABILITY OF LIFETIME RUIN ⋮ Determining the Optimum Guarantee Period for a One-Life Retirement Annuity ⋮ Minimizing the Probability of Lifetime Ruin under Random Consumption ⋮ Minimizing the Probability of Ruin When Consumption is Ratcheted ⋮ Minimizing the Probability of Lifetime Ruin with Deferred Life Annuities
Cites Work
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Optimal investment choices post-retirement in a defined contribution pension scheme
- Ruined moments in your life: how good are the approximations?
- Minimizing the probability of lifetime ruin under borrowing constraints
- A variational inequality approach to financial valuation of retirement benefits based on salary
- Beating a moving target: optimal portfolio strategies for outperforming a stochastic benchmark
- Correspondence between lifetime minimum wealth and utility of consumption
- Optimal insurance in a continuous-time model
- ASSET ALLOCATION AND ANNUITY-PURCHASE STRATEGIES TO MINIMIZE THE PROBABILITY OF FINANCIAL RUIN
- Survival and Growth with a Liability: Optimal Portfolio Strategies in Continuous Time
- Reaching goals by a deadline: digital options and continuous-time active portfolio management
- Optimal Investment Policies for a Firm With a Random Risk Process: Exponential Utility and Minimizing the Probability of Ruin
- Optimal Investment Strategy to Minimize the Probability of Lifetime Ruin
- Self-Annuitization and Ruin in Retirement
- Safety First and the Holding of Assets
- The relaxed investor and parameter uncertainty
This page was built for publication: Optimal and Simple, Nearly Optimal Rules for Minimizing the Probability Of Financial Ruin in Retirement