Sustainable withdrawal rates during retirement and the risks of financial ruins

The importance of sustainable spending rates by retirees has been underscored by rapid population ageing and the lacklustre performance of markets and pension funds in the post- GFC period. This suggests that financial planners and advisors should pay more attention to the estimation of risk in reti...

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Main Author: Alles, Lakshman
Format: Journal Article
Published: Financial Service Institute of Australia 2012
Online Access:https://www.finsia.com/indepth/publications/jassa/archive#2012
http://hdl.handle.net/20.500.11937/45805
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author Alles, Lakshman
author_facet Alles, Lakshman
author_sort Alles, Lakshman
building Curtin Institutional Repository
collection Online Access
description The importance of sustainable spending rates by retirees has been underscored by rapid population ageing and the lacklustre performance of markets and pension funds in the post- GFC period. This suggests that financial planners and advisors should pay more attention to the estimation of risk in retirement finance modelling in their analyses and advice to clients. This paper provides some useful guidance on the application of two available techniques in this regard.
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spelling curtin-20.500.11937-458052017-01-30T15:23:27Z Sustainable withdrawal rates during retirement and the risks of financial ruins Alles, Lakshman The importance of sustainable spending rates by retirees has been underscored by rapid population ageing and the lacklustre performance of markets and pension funds in the post- GFC period. This suggests that financial planners and advisors should pay more attention to the estimation of risk in retirement finance modelling in their analyses and advice to clients. This paper provides some useful guidance on the application of two available techniques in this regard. 2012 Journal Article http://hdl.handle.net/20.500.11937/45805 https://www.finsia.com/indepth/publications/jassa/archive#2012 Financial Service Institute of Australia restricted
spellingShingle Alles, Lakshman
Sustainable withdrawal rates during retirement and the risks of financial ruins
title Sustainable withdrawal rates during retirement and the risks of financial ruins
title_full Sustainable withdrawal rates during retirement and the risks of financial ruins
title_fullStr Sustainable withdrawal rates during retirement and the risks of financial ruins
title_full_unstemmed Sustainable withdrawal rates during retirement and the risks of financial ruins
title_short Sustainable withdrawal rates during retirement and the risks of financial ruins
title_sort sustainable withdrawal rates during retirement and the risks of financial ruins
url https://www.finsia.com/indepth/publications/jassa/archive#2012
http://hdl.handle.net/20.500.11937/45805