The impact of health impairment on optimal annuitization for retirees
Post retirement, annuities provide a steady stream of income for retirees. However, the annuitization rate is relatively small in the insurance market in many countries around the world. Prior studies have shown that a substandard health status in retirement reduces annuitization due to adverse sele...
Main Authors: | Asmuni, Nurin Haniah, Tan, Ken Seng, Purcal, Sachi |
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Other Authors: | Nanyang Business School |
Format: | Journal Article |
Language: | English |
Published: |
2023
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Subjects: | |
Online Access: | https://hdl.handle.net/10356/164804 |
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