9780578346014 - Retirement As A Risky Project: Monitoring, Evaluating, and Managing a Retirement Income Portfolio von Collins, Patrick J.; Stampfli, Josh (2 Ergebnisse)

Zustand: New.

Taschenbuch. Zustand: Neu. Neuware - Investors, investment advisors, and trustees of irrevocable family trusts face the challenge of providing sustainable periodic cash flows from financial asset portfolios. As the title suggests, this study gives primary emphasis to retirement-income planning for private investors. Initially, the retirement-planning process focuses on designing a portfolio (usually in terms of strategic or tactical asset allocation approaches), deciding on spending (withdrawal) elections, memorializing decisions in a written investment policy statement, and implementing the portfolio through the acquisition of investments. Following the first-stage activities, retirement planning becomes a measuring and managing problem. Although this book does not ignore first-stage activities, it focuses primarily on retirement-income portfolio management where the term 'management' encompasses an assessment of investment resources and goals, elucidation of options, and implementation of a process to decide which options are appropriate and prudent.