01606nam0 22003611i 450 UON0031900720231205104132.26088-04-38426-3Mondadori20090109d1994 |0itac50 baitaFREIT||||e |||||Collins Mondadori dizionario francesefrancese-italiano, italiano-francesea cura di Michela ClariMilanoA. Mondadori ; [Glasgow]H. Collins19941 v. (varie sequenze)21 cm.Dono di Lambert SimonIT-UONSI S.CI DIZ/081001UON003190132001 ˆLe ‰Robert Microdictionnaire de la langue française210 MilanoMondadori ; GlasgowHarper CollinsDIZIONARI FRANCESIUONC065460FIDIZIONARI ITALIANIUONC041371FILingua franceseDizionari italianiUONC020938FILingua italianaDizionari francesiUONC039819FIITMilanoUONL000005GBGlasgowUONL000785443.51Lingua francese - Dizionari italiani21CLARIMichelaUONV181792CollinsUONV247654650MondadoriUONV245964650ITSOL20251017RICASIBA - SISTEMA BIBLIOTECARIO DI ATENEOUONSIUON00319007SIBA - SISTEMA BIBLIOTECARIO DI ATENEOSI S.C I DIZ 081 SI LO 71905 7 081 Dono di Lambert SimonCollins Mondadori dizionario francese1372425UNIOR09776nam 2200661 a 450 991096878800332120251117090903.01-61324-606-4(CKB)2550000000044967(EBL)3019610(SSID)ssj0000522607(PQKBManifestationID)12222542(PQKBTitleCode)TC0000522607(PQKBWorkID)10538452(PQKB)10368402(MiAaPQ)EBC3019610(Au-PeEL)EBL3019610(CaPaEBR)ebr10671175(OCoLC)744635246(BIP)29020750(EXLCZ)99255000000004496720100422d2010 uy 0engur|n|---|||||txtccrFinancial asset management and wealth in retirement /Terrance G. Waverly, editor1st ed.New York Nova Science Publishersc20101 online resource (138 p.)Retirement issues, plans and lifestylesDescription based upon print version of record.1-60741-696-4 Includes bibliographical references and index.Intro -- CONTENTS -- PREFACE -- Chapter 1 THE TRAJECTORY OF WEALTH IN RETIREMENT -- Abstract -- 1. Introduction -- 2. Data -- 2.1. Methods -- 2.2. Characteristics of the Sample -- 2.3. The Composition and Level of Comprehensive Wealth in the HRS -- 3. A Measure of Annualized Wealth for Retirees -- 3.1. Definition of Annualized Wealth -- 3.2. Annualized Wealth and the Life Cycle Model -- 3.3. Annualized Wealth and Joint Life Annuities -- 3.4. Discussion of Annualized Wealth -- 3.5. Annualized Wealth in the HRS -- 4. Nonparametric Age Profiles of Comprehensive Wealth in the HRS -- 4.1. Methodology -- 4.2. Results -- 5. Regression-based Age Profiles of Comprehensive Wealth in the HRS -- 5.1. Methodology -- 5.2. Results -- 5.3. The Effect of Capital Gains on the Estimated Age Profiles -- 6. Predicted Age Profiles for Annualized Comprehensive Wealth from Life Cycle Model Simulations -- 6.1. Description of the Models We Consider -- 6.2. Comparison of Age Profiles from the HRS and the Model Simulations -- 7. Conclusion -- References -- Appendix 1: Present Value Calculations for the Annuity-Like Components of Comprehensive Wealth -- Defined Benefit Pension Benefits -- Social Security Benefits -- Annuities and Welfare Benefits -- Appendix 2: Detailed Description of the Life Cycle Model Simulations Reported in the Paper -- Simulation Results -- Baseline Life Cycle Model -- Effect of Uncertain Longevity -- Effect of a Bequest Function -- Effect of Differential Mortality by Wealth -- Effect of Random Medical Expenses -- End Notes -- Chapter 2 CONVERTING RETIREMENT SAVINGS INTO INCOME: ANNUITIES AND PERIODIC WITHDRAWALS -- Summary -- Introduction -- The Nature of Risk in Retirement -- Longevity Risk -- Inflation Risk -- Investment Risk -- Unexpected Events -- Annuities as a Source of Retirement Income -- The Current Market for Annuities -- Group Annuities.Individual Annuities -- Timing of Payments -- Rates of Return -- Inflation Protection Options -- Tax Treatment of Annuities -- Taxation of Income from a Fixed Annuity -- Taxation of Income from a Variable Annuity -- Tax Exclusion for Long-Term Care Insurance -- Consumer Protections and the Regulatory Environment -- State Regulation of Annuities -- Federal Regulation of Annuities -- Why Is Demand for Individual Annuities So Low? -- Complexity and Lack of Transparency in Annuity Expenses -- Lack of Flexibility in Dealing with Unexpected Expenses -- Retirement Account Withdrawal Strategies -- How Long Will a Retirement Account Last with Fixed Annual Withdrawals? -- Initial Rate of Withdrawal -- Investment Portfolio -- Probability of Assets Lasting for at Least a Specific Number of Years -- Portfolio of 65% Stocks and 35% Bonds -- Portfolio of 35% Stocks and 65% Bonds -- Estimates Incorporating Life Expectancy -- Estimates of Variable Annual Withdrawals -- Summary of Withdrawal Strategies: Balancing Risks -- Appendix A. What is "Monte Carlo" Analysis? -- Appendix B. United States Life Tables, 2004 -- Author Contact Information -- End Notes -- Chapter 3 WILL THE DEMAND FOR ASSETS FALL WHEN THE BABY BOOMERS RETIRE? -- Summary and Introduction -- What Does Simple Theory Predict about Asset Demand? -- What Does the Evidence Tell Us? -- Why Are Baby Boomers Unlikely to Draw Down Assets Rapidly in Retirement? -- Saving for Unexpected Events -- Saving for Bequests -- Unequal Distribution of Assets -- Effects of the Financial Turmoil -- Will Baby Boomers Alter the Mix of Assets in Their Portfolios? -- Could Other Factors Sustain the Demand for Assets? -- Demand from Abroad -- Demand Among Immigrants -- Effect on Asset Prices -- References -- End Notes -- INDEX -- FINANCIAL ASSET MANAGEMENT AND WEALTH IN RETIREMENT.FINANCIAL ASSET MANAGEMENT AND WEALTH IN RETIREMENT -- CONTENTS -- PREFACE -- Chapter 1 THE TRAJECTORY OF WEALTH IN RETIREMENT -- Abstract -- 1. Introduction -- 2. Data -- 2.1. Methods -- 2.2. Characteristics of the Sample -- 2.3. The Composition and Level of Comprehensive Wealth in the HRS -- 3. A Measure of Annualized Wealth for Retirees -- 3.1. Definition of Annualized Wealth -- 3.2. Annualized Wealth and the Life Cycle Model -- 3.3. Annualized Wealth and Joint Life Annuities -- 3.4. Discussion of Annualized Wealth -- 3.5. Annualized Wealth in the HRS -- 4. Nonparametric Age Profiles of Comprehensive Wealth in the HRS -- 4.1. Methodology -- 4.2. Results -- 5. Regression-based Age Profiles of Comprehensive Wealth in the HRS -- 5.1. Methodology -- 5.2. Results -- 5.3. The Effect of Capital Gains on the Estimated Age Profiles -- 6. Predicted Age Profiles for Annualized Comprehensive Wealth from Life Cycle Model Simulations -- 6.1. Description of the Models We Consider -- 6.2. Comparison of Age Profiles from the HRS and the Model Simulations -- 7. Conclusion -- References -- Appendix 1: Present Value Calculations for the Annuity-Like Components of Comprehensive Wealth -- Defined Benefit Pension Benefits -- Social Security Benefits -- Annuities and Welfare Benefits -- Appendix 2: Detailed Description of the Life Cycle Model Simulations Reported in the Paper -- Simulation Results -- Baseline Life Cycle Model -- Effect of Uncertain Longevity -- Effect of a Bequest Function -- Effect of Differential Mortality by Wealth -- Effect of Random Medical Expenses -- End Notes -- Chapter 2 CONVERTING RETIREMENT SAVINGS INTO INCOME: ANNUITIES AND PERIODIC WITHDRAWALS -- Summary -- Introduction -- The Nature of Risk in Retirement -- Longevity Risk -- Inflation Risk -- Investment Risk -- Unexpected Events -- Annuities as a Source of Retirement Income.The Current Market for Annuities -- Group Annuities -- Individual Annuities -- Timing of Payments -- Rates of Return -- Inflation Protection Options -- Tax Treatment of Annuities -- Taxation of Income from a Fixed Annuity -- Taxation of Income from a Variable Annuity -- Tax Exclusion for Long-Term Care Insurance -- Consumer Protections and the Regulatory Environment -- State Regulation of Annuities -- Federal Regulation of Annuities -- Why Is Demand for Individual Annuities So Low? -- Complexity and Lack of Transparency in Annuity Expenses -- Lack of Flexibility in Dealing with Unexpected Expenses -- Retirement Account Withdrawal Strategies -- How Long Will a Retirement Account Last with Fixed Annual Withdrawals? -- Initial Rate of Withdrawal -- Investment Portfolio -- Probability of Assets Lasting for at Least a Specific Number of Years -- Portfolio of 65% Stocks and 35% Bonds -- Portfolio of 35% Stocks and 65% Bonds -- Estimates Incorporating Life Expectancy -- Estimates of Variable Annual Withdrawals -- Summary of Withdrawal Strategies: Balancing Risks -- Appendix A. What is "Monte Carlo" Analysis? -- Appendix B. United States Life Tables, 2004 -- Author Contact Information -- End Notes -- Chapter 3 WILL THE DEMAND FOR ASSETS FALL WHEN THE BABY BOOMERS RETIRE? -- Summary and Introduction -- What Does Simple Theory Predict about Asset Demand? -- What Does the Evidence Tell Us? -- Why Are Baby Boomers Unlikely to Draw Down Assets Rapidly in Retirement? -- Saving for Unexpected Events -- Saving for Bequests -- Unequal Distribution of Assets -- Effects of the Financial Turmoil -- Will Baby Boomers Alter the Mix of Assets in Their Portfolios? -- Could Other Factors Sustain the Demand for Assets? -- Demand from Abroad -- Demand Among Immigrants -- Effect on Asset Prices -- References -- End Notes -- INDEX -- Blank Page.After many years of accumulating assets to spend in retirement, the members of the 'baby boom' generation who are beginning to retire must decide how to convert these assets into a steady stream of income. This book looks at these 78 million members.Retirement issues, plans and lifestyles.Cost and standard of livingUnited StatesEconometric modelsRetirement incomeUnited StatesEconometric modelsRetireesUnited StatesEconomic conditionsWealthUnited StatesEconometric modelsCost and standard of livingEconometric models.Retirement incomeEconometric models.RetireesEconomic conditions.WealthEconometric models.332.024/014Waverly Terrance G1863349MiAaPQMiAaPQMiAaPQBOOK9910968788003321Financial asset management and wealth in retirement4469959UNINA