2 papers
cs.CE2026
Numerical methods for optimal decumulation of a defined contribution pension plan
Peter A. Forsyth, George Labahn
The decumulation of a defined contribution (DC) pension plan is well known to be one of the hardest problems in finance. We model this decumulation challenge as an optimal stochast…
q-fin.PM2026
Money-Back Tontines for Retirement Decumulation: Neural-Network Optimization under Systematic Longevity Risk
German Nova Orozco, Duy-Minh Dang, Peter A. Forsyth
Money-back guarantees (MBGs) are features of pooled retirement income products that address bequest concerns by ensuring the initial premium is returned through lifetime payments o…