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An optimal investment consumption model for retirees with no health insurance

Retirees meet a number of problems as they are growing older which needs persistent attention. Hence, without a doubt, the outcomes of the financial markets influence the choices that people make when nearing retirement. In our model, the stock price dynamics follow Geometric Brownian motion (GBM) a...

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Auteurs principaux: Nelson Dzupire, John Mutepuwa
Format: Artigo
Langue:Inglês
Publié: Elsevier 2024-04-01
Collection:Heliyon
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Accès en ligne:http://www.sciencedirect.com/science/article/pii/S2405844024050655
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