Toward determining the optimal investment strategy for retirement

J Estrada, M Kritzman - The Journal of Retirement, 2019 - jor.pm-research.com
Investors who are about to retire are first and foremost concerned with supporting their
spending needs throughout retirement. But they also derive satisfaction from growing their …

Evaluating Retirement Strategies: A Utility-Based Approach

J Estrada, M Kritzman - Available at SSRN 3135125, 2018 - papers.ssrn.com
Retirees need to make two critical financial decisions, namely, the withdrawal rate and the
asset allocation of their portfolios. We propose a methodology that retirees, and particularly …

Replacing the Failure Rate: A Downside Risk Perspective

J Estrada - The Journal of Retirement, 2018 - jor.pm-research.com
The evaluation of retirement strategies is typically based on the failure rate (the rate at which
a retiree's nest egg is exhausted prematurely), although some alternatives have been …

Retirement Planning: Is One Number Enough?

J Estrada - Available at SSRN 4389325, 2023 - papers.ssrn.com
Academics, practitioners, and investors at large typically have a preference for making
decisions based on a single variable that is supposed to be maximized or minimized. This …

The Bucket Approach for Retirement: A Suboptimal Behavioral Trick?

J Estrada - The Journal of Investing, 2019 - joi.pm-research.com
A bucket approach, which broadly consists of parking a few years of annual withdrawals
safely in cash and investing the rest of the portfolio more aggressively, is a popular strategy …

Retirement Planning: The Volatility-Adjusted Coverage Ratio

J Estrada - Available at SSRN 4613482, 2023 - papers.ssrn.com
The important decisions that retirees have to make to try to achieve their financial goals
during retirement often stem from models used by financial planners. Despite the important …

The Sustainability of (Global) Withdrawal Strategies

J Estrada - 2021 - papers.ssrn.com
The most important financial issue retirees have to deal with is whether their strategy will be
able to sustain all the withdrawals they expect to make in retirement, as well as a bequest …

Best Execution: Defining Best Execution in an Increasingly Complex Trading Environment

R Larson - The Journal of Trading, 2010 - pm-research.com
The evaluation of retirement strategies is typically based on the failure rate (the rate at which
a retiree's nest egg is exhausted prematurely), although some alternatives have been …