The financial survival probability of living annuitants
This study addresses the question of how long a given amount of capital will be able to fund a living annuitant if the following five parameters are known: expected retirement duration (i.e. years between date of retirement and date of death), return on investment, inflation, annual withdrawal amoun...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
AOSIS
2013-04-01
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| Series: | Journal of Economic and Financial Sciences |
| Subjects: | |
| Online Access: | https://jefjournal.org.za/index.php/jef/article/view/282 |