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How to Build a Modern Tontine : Algorithms, Scripts and Tips

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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.

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Detail Information

Series Title

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Call Number

368.32 HOW

Publisher

: Springer Cham., 2022

Collation

XXI, 156 p ; ill

Language

English

ISBN/ISSN

9789811640957

Classification

368.32

Content Type

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Media Type

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Carrier Type

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Edition

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Subject(s)

Management
Economics
Risk management
Statistics in Business
Insurance
Actuarial Mathematics

Specific Detail Info

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Statement of Responsibility

Moshe Arye Milevsky

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