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

• Main Author: Milevsky, Moshe Arye (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2022.
• Edition: 1st ed. 2022.
• Series: Future of Business and Finance,
• Subjects: Statistics .; Financial risk management.; Actuarial science.; Social sciences > Mathematics.; Statistics in Business, Management, Economics, Finance, Insurance.; Risk Management.; Actuarial Mathematics.; Mathematics in Business, Economics and Finance.
• Online Access: Link to Metadata

Summary

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.

Physical Description

XXI, 156 p. 35 illus., 30 illus. in color. online resource.

ISBN

9783031009280

ISSN

2662-2475

DOI

10.1007/978-3-031-00928-0

Access

Open Access