10 /PRNewswire/ -- A looming problem facing over 70 million aging Baby Boomers -- how to manage their savings during retirement and not outlive their assets -- could be addressed by offering tax incentives to annuitize
savings held in 401ks, IRAs and other sources of retirement income.
He expects that even those choosing the income benefit use it as a safety net in their accumulation product, then plan to annuitize
Aside from theoretical interest in the question of who annuitizes and why, annuitization has become an increasingly visible issue within retirement policy circles.
5) I found that a measure of annuity value, derived from a life-cycle model with mortality uncertainty, is significantly correlated with intentions to annuitize assets in defined contribution plans.
In the case in which the individual fully annuitizes
all financial assets, then [W.