MODELING THE BENEFITS OF A MARRIAGE REVERSE ANNUITY CONTRACT WITH DEPENDENCY ASSUMPTIONS USING ARCHIMEDEAN COPULA

Social security benefits may not be enough for retirement. Equity release products like marriage reverse annuities can boost retirement income for older couples. Marriage reverse annuity’s contract convert all or part of the real estate value of elderly spouses while they are living (joint life stat...

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Bibliographic Details
Main Authors: Arnhilda Aspasia Lundy, Mila Novita, Ida Fithriani
Format: Article
Language:English
Published: Universitas Pattimura 2024-10-01
Series:Barekeng
Subjects:
Online Access:https://ojs3.unpatti.ac.id/index.php/barekeng/article/view/11690
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