Safe Savings Rates: A New Approach to Retirement Planning over the Life Cycle

CFA Digest ◽  
2011 ◽  
Vol 41 (4) ◽  
pp. 91-92
Author(s):  
Natalie Schoon
2015 ◽  
Vol 808 ◽  
pp. 359-363
Author(s):  
Cristina Feniser ◽  
Florin Lungu

So far little attention has been given the differences or the compatibilities between CSR and innovation. Few works treats CSR in combination with innovation. What exactly is the relationship between CSR and innovation? Recent phenomena such as open innovation is based on the concept that the stakeholder's dialogue that overlaps with some dimensions of CSR. Being innovative means to bring organizational and technical improvements which will translate into a better position in the market. These improvements don't just aim the product, but the process by which it is obtained and its whole life-cycle. We're talking about a new approach to innovation, namely its orientation towards sustainability. Although SMEs have many features which facilitate implementation of CSR, activities of this type in such organizations are still limited. SMEs managers often make choices that are related to rational management. This leads to divergence between economical and social goals. Through a qualitative exploration of the concepts of CSR and innovation, we wanted to find out from some managers whether there is a link between innovation and CSR in SMEs and whether the activities corresponding to the two concepts overlap in a certain measure.


2019 ◽  
Vol 8 (4) ◽  
pp. 304 ◽  
Author(s):  
Björn Koch ◽  
Fernando Peñaherrera ◽  
Alexandra Pehlken

Including criticality into Life Cycle Assessment (LCA) has always been challenging to achieve but desirable to accomplish. In this article, we present a new approach for the evaluation of resource consumption of products by building comparison values based on Life Cycle Impact Assessment (LCIA) combined with weighted criticality values to show the direct impacts of criticality on LCA results. For this purpose, we develop an impact indicator based on the Abiotic Depletion Potential (ADP) of natural resources and use the two main parameters defined by the EU to determine the criticality of a material - the economic importance and the supply risk – in our case studies to build the Criticality Weighted Abiotic Depletion Potentials (CWADPs), one for each parameter. These indicators allow identifying and measuring the impacts of criticality when comparing the results of resource depletion using the ADP methodology and the results that incorporate criticality. The comparison of the CWADPs to the corresponding EU criticality values and its thresholds it reflects the equivalent criticality of the assessed product. This information reflects the impacts of criticality on LCA and assesses the total resource consumption of critical materials in a system.Keywords: Life Cycle Assessment, criticality, resources, materials, sustainability indicator


Author(s):  
Gregorio Soria ◽  
L. M. Ortega Alvarado ◽  
Francisco R. Feito

Augmented reality (AR) has experienced a breakthrough in many areas of application thanks to cheaper hardware and a strong industry commitment. In the field of management of urban facilities, this technology allows virtual access and interaction with hidden underground elements. This paper presents a new approach to enable AR in mobile devices such as Google Tango, which has specific capabilities to be used outdoors. The first objective is to provide full functionality in the life-cycle management of subsoil infrastructures through this technology. This implies not only visualization, interaction, and free navigation, but also editing, deleting, and inserting elements ubiquitously. For this, a topological data model for three-dimensional (3D) data has been designed. Another important contribution of the paper is getting exact location and orientation performed in only a few minutes, using no additional markers or hardware. This accuracy in the initial positioning, together with the device sensing, avoids the usual errors during the navigation process in AR. Similar functionality has also been implemented in a nonubiquitous way to be supported by any other device through virtual reality (VR). The tests have been performed using real data of the city of Jaén (Spain).


2016 ◽  
Vol 17 (4) ◽  
pp. 282-288
Author(s):  
G. A. Rzevski ◽  
◽  
J. Knezevic ◽  
P. O. Skobelev ◽  
N. M. Borgest ◽  
...  

Author(s):  
Jee Yoong Folk

The purpose of this paper is to examine the cohort effect on different stages of the financial life cycle and the extent of planning for a financial safety net. A total of 990 questionnaires were distributed randomly in the Klang Valley of Malaysia which is the largest and most cosmopolitan region resulting in a 55.2% return rate. Analyses using hierarchical and ordinary regression were applied on four hypotheses. The results revealed that age cohort variables made significant contribution to life cycle retirement planning, particularly the younger age cohort. Strong relationship was found between current financial resources and consumption for all age cohorts. On the other hand, there were no significant effect between current financial resources and age cohorts except that the older age cohorts were relatively more significant predictors. The implication was that not only should their individual perceptions of retirement planning become an increasingly important part of people  s long-term commitment throughout their life-cycle, it must also assume the role as a self-directed life-long learning process, in view of the ever-changing and complicated financial environment. Consumption pattern would have reduced post retirement. During their retirement years, healthcare will become ever so important as the elderly cohorts will have different degrees of health, illness, and disability. This can translate to higher cost within the same age cohort.


Twin-Control ◽  
2019 ◽  
pp. 111-121
Author(s):  
Eneko Olabarrieta ◽  
Egoitz Konde ◽  
Enrique Guruceta ◽  
Mikel Armendia

2010 ◽  
Vol 126-128 ◽  
pp. 415-420 ◽  
Author(s):  
Sachiko Ogawa ◽  
Shinpei Okumura ◽  
Toshiki Hirogaki ◽  
Eiichi Aoyama ◽  
Yoshiaki Onchi

Rising demand for sustainable development motivated our eco-friendly polishing method. In this study, fixed-abrasive polishing using a compact robot was proposed based on a new approach that includes the idea of secondary tools. The effectiveness of using a compact robot was investigated by life cycle assessment for eco-friendly polishing processing. The actual polishing process was carried out with low pressure to determine the potential of the proposed polishing method. As a result, low-environmental-load processing was achieved by machine downsizing without affecting the processing results by designing an independent pressure mechanism along the equipment’s main axis. The nano-surface could also be obtained with this method for glass material.


The retirement goals of many Americans are underfunded. The problem is compounded by the complexity of self-managing distribution portfolios, particularly as DC plans replace DB plans. We believe most retirement glide paths are satisfactory but suboptimal solutions. We introduce a glide path of financial assets over the life cycle based on a retirement goal and depleting human capital. The method is anchored to the foundational principles of intertemporal portfolio theory while borrowing heavily from goals-based asset allocation. The result is a dynamic asset allocation over the life cycle that is a function of critical input variables relevant to retirement planning such as retirement savings, retirement consumption and risk aversion. The glide path can be customized to individuals, or semi-customized to discrete subpopulations of DC plan participants.


2000 ◽  
Vol 2 (1) ◽  
pp. 0037-0046 ◽  
Author(s):  
M. S. Miller ◽  
B. M. Rice ◽  
A. J. Kotlar ◽  
R. J. Cramer

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