spelling |
oapen-20.500.12657-570342022-06-21T03:06:41Z How to Build a Modern Tontine Milevsky, Moshe Arye tontine risk management retirement decumulation insurance Business Analytics Mathematical Finance Statistical Finance bic Book Industry Communication::P Mathematics & science::PB Mathematics::PBT Probability & statistics bic Book Industry Communication::K Economics, finance, business & management::KJ Business & management::KJM Management & management techniques bic Book Industry Communication::P Mathematics & science::PB Mathematics::PBW Applied mathematics This open access book introduces the modern tontine and its applications in retirement and decumulation. Personal financial management in the later stages of life presents unique challenges, and renowned retirement planning expert Dr. Milevsky proposes the modern tontine as a solution. With the goal of guiding professionals and retirees in more efficient decumulation, the book demonstrates how to build a modern tontine. It is technically oriented, employing a cookbook format, featuring R code, and examining retirement planning through a statistical lens. This how-to guide, which is a sequel to his 2020 book “Retirement Income Recipes in R”, will be invaluable for retirement planning professionals and advisors, as well as for PhD scholars in retirement planning, quantitative finance, and related fields. This book is open access. 2022-06-20T19:31:54Z 2022-06-20T19:31:54Z 2022 book ONIX_20220620_9783031009280_43 9783031009280 9783031031847 https://library.oapen.org/handle/20.500.12657/57034 eng Future of Business and Finance application/pdf n/a 978-3-031-00928-0.pdf https://link.springer.com/978-3-031-00928-0 Springer Nature Springer 10.1007/978-3-031-00928-0 10.1007/978-3-031-00928-0 6c6992af-b843-4f46-859c-f6e9998e40d5 f5bd7d70-0c20-4a59-9925-5b8d5211b5ae 9783031009280 9783031031847 Springer 156 Cham [...] open access
|
description |
This open access book introduces the modern tontine and its applications in retirement and decumulation. Personal financial management in the later stages of life presents unique challenges, and renowned retirement planning expert Dr. Milevsky proposes the modern tontine as a solution. With the goal of guiding professionals and retirees in more efficient decumulation, the book demonstrates how to build a modern tontine. It is technically oriented, employing a cookbook format, featuring R code, and examining retirement planning through a statistical lens. This how-to guide, which is a sequel to his 2020 book “Retirement Income Recipes in R”, will be invaluable for retirement planning professionals and advisors, as well as for PhD scholars in retirement planning, quantitative finance, and related fields. This book is open access.
|