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National Repository of Grey Literature 1 records found  Search took 0.01 seconds. 
Financing post-retirement income
 Skřivanová, Zuzana ; Mazurová, Lucie (advisor) ; Cipra, Tomáš (referee)
This thesis deals with various possibilities of the financing post-retirement income. In the first part, the basic knowledge from the area of demography is given, what is necessary for the determination of mortality assumptions and for the computation of cash flows in post-retirement age. Subsequently models of decumulation periods are theoretically compared - the basic variants are purchasing of life annuity and annuity-certain, from which are derived selected combinations and modifications. In the last part, theoretical bases are used to determining specific mortality assumptions with respect to the computed values of parameters of the Gompertz-Makeham mortality law. Subsequently cash flows of particular models are numerically illustrated with respect to the mortality assumptions.
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