New evidence on the money's worth of individual annuities

OS Mitchell, JM Poterba, MJ Warshawsky… - American economic …, 1999 - pubs.aeaweb.org
… We also note that our 1995 results are reminiscent of the high valuesper-premium dollar
that Warshawsky (1988) reports for several earlier periods, including the 1940’s, early 1950’s, …

The cost of annuities: Implications for saving behavior and bequests

BM Friedman, MJ Warshawsky - The Quarterly Journal of …, 1990 - academic.oup.com
The fact that most elderly US individuals maintain a flat age-wealth profile, rather than buy
individual life annuities, contradicts the standard life-cycle consumption model. Average …

In sickness and in health: An annuity approach to financing long-term care and retirement income

CM Murtaugh, BC Spillman, MJ Warshawsky - Journal of Risk and …, 2001 - JSTOR
We examine the implications of the positive correlation of mortality and disability for the
benefits of combining an immediate income annuity with long-term care disability coverage at …

[BOOK][B] The role of annuity markets in financing retirement

JR Brown, OS Mitchell, JM Poterba, MJ Warshawsky - 2001 - books.google.com
Annuity insurance products help protect retirees against outliving their incomes. Dramatic
advances in life expectancy mean that today's retirees must plan on living into their eighties, …

Making retirement income last a lifetime

…, R Veres, MJ Warshawsky - Journal of Financial …, 2001 - search.proquest.com
The goal of this paper is to explore the sustainability of investment portfolio withdrawals using
two distinct methodologies-historical analysis and Monte Carlo simulations-to address the …

[PDF][PDF] How prepared are Americans for retirement?

MJ Warshawsky, J Ameriks - Forecasting retirement needs and …, 2000 - academia.edu
In this era emphasizing individual economic responsibility, policymakers and the media often
pose a question that many of us ask ourselves:" Will current workers retire in comfort?" This …

Policy implications of an annuity approach to integrating long-term care financing and retirement income

…, CM Murtaugh, MJ Warshawsky - Journal of Aging and …, 2003 - journals.sagepub.com
The authors consider an integrated income and disability annuity as an alternative framework
for long-term care financing, show that pooling disability and mortality risks can reduce the …

[BOOK][B] Retirement income: Risks and strategies

MJ Warshawsky - 2011 - books.google.com
… I dedicate this book to my parents, Arthur and Dorothy Warshawsky: may they live and be
well for many more years. They have shown me the virtues of hard work, prudence, persistence…

Retirement savings adequacy of US workers

G Pang, MJ Warshawsky - Available at SSRN 2263379, 2013 - papers.ssrn.com
Whether US workers are saving adequately for retirement is an important subject for employer
and public policy. The optimal target levels of retirement savings are here determined …

[PDF][PDF] Integrating life annuities and long-term care insurance: Theory, evidence, practice, and policy

MJ Warshawsky, B Spillman, C Murtaugh - Innovations in financing …, 2002 - core.ac.uk
… consumption patterns over an uncertain lifetime, within the constraints imposed by limited
lifetime resources; here life annuities should be used widely (Friedman and Warshawsky, ∞ΩΩ…