Defined terms for the annuity market and lifetime income landscape.
Self-annuitization is a decumulation approach in which an individual withdraws income from a self-managed portfolio designed to approximate the income pattern of a commercial annuity, without entering into any pooled or insured lifetime income arrangement. Why it matters Self-annuitization is a common framing in academic and advisory literature for the decision not to purchase a commercial annuity, sometimes called the "do-it-yourself annuity" approach. The term names a recognizab
