Ikääntyneiden varallisuus ja sen muuttaminen kulutukseksi
AbstractWe study the extent to which retired households in Finland could supplement their mandatory pension benefits by releasing their equity. We also consider the tax treatment of different financial products that turn wealth into an income stream. In addition, we use a life cycle consumption-savings model to study which kind of households in Finland would benefit the most from life annuities.
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Bibliographic InfoPaper provided by The Research Institute of the Finnish Economy in its series Discussion Papers with number 1141.
Length: 40 pages
Date of creation: 2008
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-06-21 (All new papers)
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