확정기여형 퇴직연금의 인출전략에 관한 연구

Retirement plan prioritizes the principle of asset allocation rather than the excessive control of investment risks since it characterizes the long-term investment. The enlargement of risk assets weight can lower the decreasing rate; the withdrawal strategy can increase risk assets because accumulated assets after retirement are invested in the long term. It offers a system for improving the investor’s forecasting ability by calculating the decreasing rate according to the variation of consumption rate in the selection of income drawdown. It provides an asset management guideline in the situation where the growth of defined contribution makes it necessary to educate employees regarding asset management. it focuses only on the performance improvement of employee’s investment as an investment strategy. This study serves to offer effective management strategies on the stage of withdrawal.