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Abstract
Because there are more and more older people in Taiwan, how retirees can maintain their past consumption level is an important issue. This article assesses the performance of individual investment planning policies for retirement. Because factors such as investment performance, risk, and taxation must be considered in making investment policy choices, the authors apply the analytic hierarchy process (Satty [1980]) to design a framework for evaluating individual investment policy performance. The research findings show that the most important criterion is investment performance. These results provide some suggestions for retirement planning.
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