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Annuities and Retirement Satisfaction (PDF)
Pension Research Council Working Paper 
Nov. 13, 2003 28 pages. Excerpt: This chapter analyzes pre-retirement expectations and post-retirement well-being, in particular their association with the degree to which retirees' financial resources are in the form of annuities.... [R]etirees who could finance more of their consumption in retirement with pension annuities (vs. Social Security benefits and accumulated savings) were more satisfied. [WP2003-19] MORE >> |
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