Pre-Retirement Planning: A Nursing Role

Dynamic retirement withdrawal planning

This paper develops a dynamic model of retirement withdrawal planning that allows retirees and financial planners to improve the probability of retirement portfolio success while simultaneously increasing the average withdrawal rate. The key elements of the model are periodic adjustments of retirement withdrawal rates based on both portfolio performance and remaining life expectancy, and Monte ...

Financial Planning for Retirement: A Psychosocial Perspective

Retirement is a time of life that has grown ever longer in the developed world, and the number of pensioners has increased accordingly, questioning the strength of Social Security systems and the social safety net in general. Financial Planning for Retirement (FRP) consists of the series of activities involved in the accumulation of wealth to cover needs in the post-retirement stage of life. Th...

A systematic review of physician retirement planning

BACKGROUND Physician retirement planning and timing have important implications for patients, hospitals, and healthcare systems. Unplanned early or late physician retirement can have dire consequences in terms of both patient safety and human resource allocations. This systematic review examined existing evidence on the timing and process of retirement of physicians. Four questions were address...

Lifecyle Retirement Planning: Experimental Evidence

We report on a series of economic decision-making experiments exploring how individuals make lifecycle consumption plans when they face various different deterministic endowment profiles over their lifetimes. In some treatments, subjects face a decline in their endowment income during a retirement phase while in other treatments endowment income is constant over all periods of life or subjects ...

Factors Influencing Planning for Retirement