Asset allocation, human capital, and the demand to hold life insurance in retirement

Authors

  • Patrick Collins University of San Francisco
  • Huy Lam Schultz Collins Lawson Chambers, Inc., San Francisco, CA

DOI:

https://doi.org/10.61190/fsr.v20i4.4713

Keywords:

Retirement portolio, Simulation, Asset allocation, Human capital, Life insurance

Abstract

Much research has been done on the topic of asset allocation, human capital and life inusrance demand. Some researchers attempt to explain existing patterns of each within U.S. households; others propose optimal amounts of insurance and investment given a wide variety of life-cycle assumptions. We take a case by case approach to (1) warn against dangers of applying general rules of thumb in the investment decision making process, and (2) to demonstarate how financial planners can use simulation based risk models to help investors answer the asset allocation question and the demand to hold life insurance question simultaneously.

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Published

2011-12-31

How to Cite

Collins, P., & Lam, H. (2011). Asset allocation, human capital, and the demand to hold life insurance in retirement. Financial Services Review, 20(4), 303–325. https://doi.org/10.61190/fsr.v20i4.4713

Issue

Vol. 20 No. 4 (2011): FSR Winter 2011

Section

New Original Submission

License

Copyright (c) 2011 Academy of Financial Services

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