Loan & Distribution Specialist AimPoint Pension
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AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Utility Evaluation of Risk in Retirement Saving Accounts
Working paper by James Poterba, Joshua Rauh, Steven Venti and David Wise, published by the National Bureau of Economic Research Aug. 21, 2003
Excerpt: Viewed from the beginning of a working career, and given the historical pattern of returns on stocks and bonds, a household that does not have extremely high risk aversion would achieve a higher expected utility by holding a portfolio of stocks rather than bonds.
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