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http://hdl.handle.net/10419/44549
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| Title: | | Ikääntyneiden varallisuus ja sen muuttaminen kulutukseksi  |
| Authors: | | Määttänen, Niku Valkonen, Tarmo |
| Issue Date: | | 2008 |
| Series/Report no.: | | ETLA discussion paper 1141 |
| Abstract: | | We study the extent to which retired households in Finland could supplement their mandatory pension benefits by releasing their equity. We also consider the tax treatment of different financial products that turn wealth into an income stream. In addition, we use a life cycle consumption-savings model to study which kind of households' in Finland would benefit the most from life annuities. |
| Subjects: | | Equity release taxation life annuities |
| JEL: | | D14 G22 H24 |
| Document Type: | | Working Paper |
| Appears in Collections: | | ETLA Discussion Papers, Research Institute of the Finnish Economy
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