{"product_id":"unknown-title-lifetime-financial-advice-human-capital-asset-allo-9780943205946","title":"Title: Lifetime Financial Advice Human Capital Asset Allo","description":"In determining asset allocation, individuals must consider more than the risk-return trade-off of financial assets. They must take into account human capital and mortality risk in the earlier life-cycle stages and longevity risk in the later life-cycle stages. The authors show how to integrate these factors into individual investors' asset allocations through a systematic joint analysis of the life insurance a family needs to protect human capital and how to allocate the family's financial capital. The proposed life-cycle model then addresses the transition from the accumulation to the saving phases-in particular, the role (if any) of immediate payout annuities.","brand":"momoxbooks","offers":[{"title":"Default Title","offer_id":53858468004182,"sku":null,"price":0.0,"currency_code":"EUR","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0925\/5829\/5382\/files\/product_image_9780943205946_1.jpg?v=1781847427","url":"https:\/\/www.momoxbooks.com\/products\/unknown-title-lifetime-financial-advice-human-capital-asset-allo-9780943205946","provider":"momoxbooks","version":"1.0","type":"link"}