Faculty Publications

Title

Improving Retirement Outcomes with Investments, Life Insurance, and Income Annuities

Document Type

Article

Publication Date

5-13-2015

Abstract

Financial goals for retirement generally include meeting spending goals sustainably, while also preserving assets for contingencies and legacy. The financial services industry offers different tools for meeting these objectives, ranging from investment portfolios to insurance products. While some view these choices as either/or, what I have found in my research is that integrated approaches which draw from both investments and insurance can create more efficient retirement outcomes. That is, certain approaches to building retirement income strategies offer more spending AND greater legacy.