Browsing Mathematics (Faculty of) by Author "Mendu, Harish"
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A critical review of 'optimal' annuitization strategies
Mendu, Harish (University of Waterloo, 2021-01-28)This paper is an analysis of different self-annuitization strategies advised to a retiree. At the time of retirement, an individual has the choice between annuitizing immediately with their wealth or delaying until a future ...