How Does Retirement Planning Software Handle Postretirement Realities?
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Economics
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Rappaport, Anna M
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Many risks must be managed during the post-retirement period. This chapter explores retirement planning software that provides individuals and advisors the opportunity to perform a range of calculations to help them in retirement planning. We link results from surveys and research by the Society of Actuaries to show how the software handles post-retirement risks. We find that approaches to managing these risks are often not well-integrated.
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2009-09-01
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The published version of this Working Paper may be found in the 2010 publication: Reorienting Retirement Risk Management (http://pensionresearchcouncil.wharton.upenn.edu/publications/books/reorienting-retirement-risk-management/)