id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fsr-3304	Warshawsky, Mark	Retirement income strategies designed in an expected utility framework	2017	29	.pdf	application/pdf	12685	521	47	Its lifetime utility in retirement is expressed as follows: V� � �t�0 ��1 ��thtu�ct ht �� � ��v�b��, where the realized lifetime utility V� depends on the survival from t � 0 (retirement age 65) through � (stochastic, maximum age 105), ct is household consumption and ct/ht is on a per capita basis with ht being the effective number of adults, b� is monetary wealth as bequest upon death, and � � 0.97 is the discount factor (time preference) Using rounded averages of parameter values estimated by De Nardi et al., (2010) and Lockwood (2012),4 we initially set � � 4, � � 30, and � � 10.	cache/fsr-3304.pdf	txt/fsr-3304.txt