Tag: annuity puzzle
The gap between the desire for annuities and actual holdings likely due to logistical impediments. My colleagues, Karolos Arapakis and Gal Wettstein, have just published a really interesting paper on the “annuity puzzle.” That is, while economic models predict that many people would be better off with annuities, only a small portion of retirees actually…
The Center for Retirement Research at Boston College gratefully acknowledges Jackson National Life Insurance Company for supporting this researc…
