Converting Retirement Savings into Income : Annuities and Periodic Withdrawals.

Describes four kinds of risk that retirees face in retirement: longevity risk, investment risk, inflation risk, and the risk of large unexpected expenses for medical care or long-term care. Addresses basic features of life annuities; and examines reasons that market for these annuities remains small...

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Bibliographic Details

Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2009.
Series:	U.S. Congressional Research.
Subjects:	Inflation (Finance) Investments. Medical economics. Electronic books.
Online Access:	Connect to the full text of this electronic book