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Title:Ikääntyneiden varallisuus ja sen muuttaminen kulutukseksi PDF Logo
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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