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...

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Bibliographic Details
Main Authors: Asmuni, Nurin Haniah, Tan, Ken Seng, Purcal, Sachi
Other Authors: Nanyang Business School
Format: Journal Article
Language:English
Published: 2023
Subjects:
Online Access:https://hdl.handle.net/10356/164804

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