Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5076860 | Insurance: Mathematics and Economics | 2013 | 16 Pages |
Abstract
⺠We define an alternative strategy to defer Social Security pension income. ⺠We identify conditions under which this strategy dominates deferring benefit claiming. ⺠Under these conditions both insurers and individuals benefit from the strategy. ⺠The conditions are more likely satisfied for men than for woman.
Related Topics
Physical Sciences and Engineering
Mathematics
Statistics and Probability
Authors
Lisanne Sanders, Anja De Waegenaere, Theo E. Nijman,