Optimal and Simple, Nearly Optimal Rules for Minimizing the Probability Of Financial Ruin in Retirement

DOI10.1080/10920277.2006.10597418zbMath1480.91232OpenAlexW2078867600MaRDI QIDQ5018740

Kristen S. Moore, Virginia R. Young

Publication date: 22 December 2021

Published in: North American Actuarial Journal (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1080/10920277.2006.10597418

Mathematics Subject Classification ID

Variational inequalities (49J40) Stopping times; optimal stopping problems; gambling theory (60G40) Actuarial mathematics (91G05)

Related Items (14)

Minimizing lifetime poverty with a penalty for bankruptcy ⋮ Minimizing the probability of lifetime drawdown under constant consumption ⋮ Optimal proportional reinsurance to minimize the probability of drawdown under thinning-dependence structure ⋮ Target-Bequest Investment and Insurance Fund ⋮ On minimizing drawdown risks of lifetime investments ⋮ Minimizing the probability of lifetime ruin under stochastic volatility ⋮ Maximizing the utility of consumption with commutable life annuities ⋮ REACHING A BEQUEST GOAL WITH LIFE INSURANCE: AMBIGUITY ABOUT THE RISKY ASSET'S DRIFT AND MORTALITY'S HAZARD RATE ⋮ Minimizing the probability of lifetime exponential Parisian ruin ⋮ A SIMPLE AND NEARLY OPTIMAL INVESTMENT STRATEGY TO MINIMIZE THE PROBABILITY OF LIFETIME RUIN ⋮ Determining the Optimum Guarantee Period for a One-Life Retirement Annuity ⋮ Minimizing the Probability of Lifetime Ruin under Random Consumption ⋮ Minimizing the Probability of Ruin When Consumption is Ratcheted ⋮ Minimizing the Probability of Lifetime Ruin with Deferred Life Annuities

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