Demystifying Puzzles in Retirement Planning

该项目旨在研究具有随机和模糊的死亡率/寿命风险的最优退休计划，以前没有在统一的框架中考虑。通过使用一种创新的方法，利用精算学、金融数学和随机控制的技术，该项目有望在个人长寿风险管理领域产生新的知识。该项目的预期结果包括对退休研究中几个令人困惑的问题的新见解。这将为面临退休储蓄不足风险的退休人员的退休教育提供重大好处，从而减轻许多国家人口老龄化和长寿风险对养老金制度造成的紧迫挑战。

This project aims to investigate optimal retirement planning with stochastic and ambiguous mortality/longevity risks not previously considered in a unifying framework. By using an innovative approach utilising techniques from actuarial science, financial mathematics and stochastic control, this project expects to generate new knowledge in the area of personal longevity risk management. Expected outcome of the project include new insights to several puzzling questions in retirement studies. This should provide significant benefits to retirement education for retirees facing the risk of outliving retirement savings, thereby mitigating the pressing challenge caused by population ageing and longevity risk to pension systems in many countries.