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Lifetime Financial Advice: Human Capital, Asset Allocation, and Insurance
Lifetime Financial Advice Human Capital Asset Allocation and Insurance
Author: Roger G. Ibbotson; Moshe A. Milevsky; Peng Chen; and Kevin X. Zhu
In determining asset allocation, individuals must consider more than the risk-return trade-off of financial assets. They must take into account human capital and mortality risk in the earlier life-cycle stages and longevity risk in the later life-cycle stages. The authors show how to integrate these factors into individual investors' asset alloc...  more »
ISBN-13: 9780943205946
ISBN-10: 0943205948
Publication Date: 4/6/2007
Pages: 104
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Publisher: Research Foundation of CFA Institute
Book Type: Perfect Paperback
Members Wishing: 2
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