As members of the baby boom generation head into retirement, they face an economic environment that has changed noticeably since their parents retired. Most of these new retirees will not be equipped, as many in the earlier generation were, with private pension plans, early retirement options, and fully paid retiree health benefits in addition to Social Security and Medicare. Today it is increasingly left to retirees themselves to plan how to maximize retirement income and minimize risk. In Retirement Income, Mark Warshawsky and his colleagues describe strategies, products, and public policies that will help a new generation achieve financial security and income growth in retirement.
In the following videos, Warshawsky and David Littell of The American College of Financial Services discuss chapters of Warshawsky's book.
Longevity-insured retirement distributions
Who prefers annuities?
Comparing strategies for retirement wealth management
Optimizing the equity-bond-annuity portfolio in retirement
Balancing wealth management and income production in retirement
An annuity approach to financing long-term care and retirement income
Life-care annuities--A product proposal