Guaranteed minimum withdrawal benefits with high-water mark fee structure

• Yichen Han ,

  Contributed equally to this work with: Yichen Han, Lianxia Wu, Dongchen Li, Jiaqi Han

  Roles Data curation, Methodology, Writing – original draft

  Affiliation School of Statistics, East China Normal University, Shanghai, China

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• Lianxia Wu ,

  Contributed equally to this work with: Yichen Han, Lianxia Wu, Dongchen Li, Jiaqi Han

  Roles Conceptualization, Funding acquisition, Project administration, Supervision, Writing – review & editing

  * E-mail: lxwu@soci.ecnu.edu.cn

  Affiliation Population Research Institute in School of Social Development, East China Normal University, Shanghai, China

  https://orcid.org/0000-0002-7060-215X

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• Dongchen Li ,

  Contributed equally to this work with: Yichen Han, Lianxia Wu, Dongchen Li, Jiaqi Han

  Roles Data curation, Methodology, Software

  Affiliation School of Statistics, East China Normal University, Shanghai, China

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• Jiaqi Han

  Contributed equally to this work with: Yichen Han, Lianxia Wu, Dongchen Li, Jiaqi Han

  Roles Data curation, Methodology, Resources, Software

  Affiliation School of Mathematical Sciences, Fudan University, Shanghai, China

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