Ameriks, J., Veres, R. and Warshawsky, M.J. (2001) Making retirement income last a lifetime. Journal of Financial Planning, 14, 82–97.
Avery, M. and Morrison, R.J. (2009) Spending down one's retirement assets in an uncertain world. Prepared for the June 2009 Meetings of the International Microsimulation Association, Ottawa, Ontario, Canada.
Babbel, D.F. (2008). Lifetime income for women: A financial economist's perspective. Wharton Financial Institutions Center Policy Brief: Personal Finance, 1–16.
Bengen, W.P. (1994). “Determining Withdrawal Rates Using Historical Data.” Journal of Financial Planning 7 (4): 171–180.
Blake, D., Cairns, A. and Dowd, K. (2003). Pensionmetrics 2: Stochastic pension design during the distribution phase. Insurance Mathematics & Economics, 33 (1), 29–47.
Brown, J.R. (2001). Private pensions, mortality risk, and the decision to annuitize. Journal of Public Economics, 82 (1), 29–62.
Butler, M., Peijnenburg, K. and Staubli, S. (2011). How much do means-tested benefits reduce the demand for annuities? Netspar Discussion Paper No. 06/2011-52.
Butler, M. and Teppa, F. (2007). The choice between an annuity and a lum sum: Results from Swiss pension funds. Journal of Public Economics, 91, 1944–1966.
Canadian Human Mortality Database (2012). Department of Demography, Université de Montréal (Canada). Available at www.demo.umontreal.ca/chmd/
Canadian Institute of Actuaries (CIA). (2012). Report on Canadian Economic Statistics, 1924–2011. Toronto: Canadian Institute of Actuaries.
Chawla, R.K. (2008). Changes in family wealth. Statistics Canada, Perspectives on Labour and Income, 9 (6), 15–24.
Davidoff, T., Brown, J.R. and Diamond, P.A. (2005). Annuities and individual welfare. American Economic Review, 95 (5), 1573–1590.
Dickson, D.C.M., Hardy, M.R. and Waters, H.R. (2009). Actuarial Mathematics for Life Contingent Risk. Cambridge, UK: Cambridge University Press.
Gustman, A.L. and Steinmeier, T.L. (2005). The social security early entitlement age in a structural model of retirement and wealth. Journal of Public Economics, 89, 441–463.
Horneff, W.J., Maurer, R., Mitchell, O.S. and Dus, I. (2008). Following the rules: Integrating asset allocation and annuitization in retirement portfolios. Insurance: Mathematics and Economics, 42, 396–408.
Hubbard, G., Skinner, J. and Zeldes, S. Precautionary savings and social insurance. Journal of Public Economy, 103 (2), 360–399
James, E. and Song, X. (2001). Annuity markets around the world: Money's worth and risk intermediation. CERP Working Paper 16/0.
Jousten, A. (2001). Life-cycle modeling of bequests and their impact on annuity valuation. Journal of Public Economics, 79, 149–177.
Kotlikoff, L. (2006). Is conventional financial planning good for your financial health? Unpublished paper.
MacDonald, B.-J., Jones, B., Morrison, R.J., Brown, R.L. and Hardy, M. (2013). Research and reality: A literature review on drawing down retirement financial savings. North American Actuarial Journal, 17 (3), 181–215.
MacDonald, B.-J., Osberg, L., and Moore, K. (2016). How Accurately does 70% Final Earnings Replacement Measure Retirement Income (In)Adequacy? Introducing the Living Standards Replacement Rate (LSRR). ASTIN Bulletin - The Journal of the International Actuarial Association, 46 (3): 627–676, DOI: 10.1017/asb.2016.20.
Milevsky, M.A. and Young, V.R. (2002). Optimal asset allocation and the real option to delay annuitization: It's not now-or-never. Working Paper No. MM11-1.
Milevsky, M.A. and Young, V.R. (2007). Annuitization and asset allocation. Journal of Economic Dynamics and Control, 31 (9), 3138–3177.
Mitchell, O.S., Poterba, J.M., Warshawsky, M.J. and Brown, J.R. (1999). New evidence on the money's worth of individual annuities. The American Economic Review, 89 (5), 1299–1318.
Pashchenko, S. (2013). Accounting for non-annuitization. Journal of Public Economics, 98, 53–67.
Pye, Gordon B. (2000). Sustainable investment withdrawals. Journal of Portfolio Management, 26 (4), 73–83.
Sun, W., Triest, R.K. and Webb, A. (2007). Optimal Retirement Asset Decumulation Strategies: The Impact of Housing Wealth. Boston: Federal Reserve Bank of Boston.
Webb, A. (2009). Providing Income for a Lifetime: Bridging the Gap Between Academic Research and Practical Advice. Boston: Center for Retirement Research, Boston College.
Yaari, M.E. (1965). Uncertain lifetime, life insurance, and the theory of the consumer. Review of Economic Studies, 32, 137–150.