Tuesday, July 24, 2007
Pacific Life Helps Investors Measure Retirement Risk
Pacific Life Insurance Company has launched a new online calculator as part of its Destination IndependenceSM campaign to educate investors about issues they face in retirement. Offered exclusively by Pacific Life, the Retirement RisQuotient™ Calculator gauges the likelihood an investor will have adequate resources to meet retirement expenses. Developed with Moshe A. Milevsky, Ph.D., Associate Professor of Finance, York University, Toronto, Canada and President of QWeMA Group, the calculator is the first of its kind to consider an investor’s longevity, expectations for inflation and investment risk at the time of retirement to estimate the probability that their income plan is sustainable for the rest of their life. In a recent article, Dr. Milevsky writes, "One of the achievements I'm most proud of is a one-line formula that I developed and then published a few years ago with some colleagues of mine at York University.”
Pacific Life Helps Investors Measure Retirement Risk
Source: Business Wire
Pacific Life Helps Investors Measure Retirement Risk
Source: Business Wire
Permalink posted by armandn @ 8:45 AM 
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