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Investing Your Lump Sum at Retirement (PDF)
New York Life Insurance Company
Aug. 13, 2007
Excerpt: This essay is based, in part, on a study by the same authors entitled 'Rational Decumulation,' Wharton Financial Institutions Center Working Paper #06-14, May 2007. That study was co-sponsored by the Wharton Financial Institutions Center and New York Life Insurance Company. The usual disclaimer applies. http://fic.wharton.upenn.edu/fic/papers/06/p0614.htm
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