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...
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 |
Similar Items
-
Efficient retirement financial plans an inverse optimization and parameterization of intertemporal discounted habit formation utility
by: Gonzalez, Issac
Published: (2012) -
Utility maximization with consumption habit formation in incomplete markets
by: Yu, Xiang, 1984-
Published: (2012) -
Financial Planning of Retirement and Annuity
by: Liang Chin Wei, et al.
Published: (2003) -
Retirement planning : could tax and financial literacy increase financial independence during retirement?
by: le Roux, Daniel Josua
Published: (2017) -
Financial Literacy and Retirement Planning in Switzerland
by: Martin Brown, et al.
Published: (2013-07-01)