ARTÍCULO
TITULO

Comparing South African annuity options at retirement

Jeanie De Villiers-Strydom    
Niel Krige    

Resumen

AbstractIn this study various annuity strategies are compared for South African males who retired during the 30 years from 1960 to 1989. To this end, the present values of the monthly cash flows provided by 47 different annuity strategies are calculated and compared in order to ascertain which strategy would have provided the largest financial benefits. In contrast to previously held general beliefs, the calculations demonstrate that living annuity strategies are superior to composite annuity strategies, which in turn outperform switching annuity strategies, whereas life annuities yield the lowest return.

 Artículos similares

       
 
Munyaradzi Chawana    
AbstractA number of researchers have sought to test the theoretical prediction of Modern Portfolio Theory that asserts that Socially Responsible Investing (SRI) under-performs conventional investing. In contrast to the majority of literature, which focus... ver más

 
Ewert Kleynhans    
AbstractThe competitiveness platform of industries of various sizes is compared in this study, which also examines their competitiveness indices and aspects relating to the competitiveness platform of large, medium and small firms respectively. The reaso... ver más

 
Ricard Gil, Casey B. Mulligan     Pág. pp. 5 - 33
Social spending programs are important political issues, and it would be interesting to know how political systems affect the amount spent by the public sector. Much of the cross-country data is difficult to interpret, because richer countries simultaneo... ver más