Solving for optimal retirement financial plans by maximizing a discounted habit formation utility function

Approved for public release, distribution unlimited === With the increasing popularity of defined-benefit retirement plans, retiring individuals are looking for professional financial advice to help manage their nest eggs. Commonly prescribed generic "one size fits all" rules of thumb su...

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Bibliographic Details
Main Author: Johnson, Wesley P.
Other Authors: Royset, Johannes O.
Published: Monterey, California: Naval Postgraduate School 2012
Online Access:http://hdl.handle.net/10945/4925

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