Optimal Portfolio Choice with Health-Contingent Income Products: The Value of Life Care Annuities

DOI10.1080/10920277.2022.2073453zbMath1520.91356MaRDI QIDQ6110493

Ralph Stevens, Unnamed Author, Shang Wu

Publication date: 1 August 2023

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

Mathematics Subject Classification ID

Portfolio theory (91G10) Actuarial mathematics (91G05)

Cites Work

• Optimizing the equity-bond-annuity portfolio in retirement: the impact of uncertain health expenses
• Following the rules: integrating asset allocation and annuitization in retirement portfolios
• The annuity puzzle remains a puzzle
• The method of endogenous gridpoints for solving dynamic stochastic optimization problems
• Eliciting individual discount rates
• Life-cycle asset allocation with annuity markets
• Eliciting Risk and Time Preferences
• The Analysis of Panel Data Under a Markov Assumption
• Optimal insurance and generalized deductibles
• Uncertain Medical Expenses and Precautionary Saving Near the End of the Life Cycle
• Wealth Inequality and Intergenerational Links
• A Multi-state Model of Functional Disability and Health Status in the Presence of Systematic Trend and Uncertainty
• Flexible and Affordable Methods of Paying for Long-Term Care Insurance
• To Leave or Not to Leave: The Distribution of Bequest Motives
• Multistate Actuarial Models of Functional Disability
• The Impact of Systematic Trend and Uncertainty on Mortality and Disability in a Multistate Latent Factor Model for Transition Rates

This page was built for publication: Optimal Portfolio Choice with Health-Contingent Income Products: The Value of Life Care Annuities