Yamaguchi journal of economics, business administrations & laws

The economic society of Yamaguchi University

PISSN : 0513-1758
NCID : AN00243258

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Yamaguchi journal of economics, business administrations & laws Volume 69 Issue 6
published_at 2021-03-31

Withdrawal strategy in Japan

Withdrawal strategy in Japan
fulltext
1.62 MB
Available 2025-03-31
C050069000602.pdf
There is a risk of longevity i.e., the self-funds after retirement may deplete before the end of life. What is needed after retirement is to spend out of self-funds in addition to public pensions while investing self-funds over lifetime without depleting. We analyze a safe withdrawal rate based on varying self-funded amounts every month due to fluctuation in the market. According to this method, there is no longevity risk that self-funds are depleted throughout lifetime.