Product Description
The Calculus of Retirement Income
Financial Models for Pension Annuities and Life Insurance
This 2006 book shows financial planners how to plan pension annuities and life insurance.
Moshe A. Milevsky (Author)
9780521842587, Cambridge University Press
Hardback, published 13 March 2006
336 pages
23.6 x 15.6 x 2.1 cm, 0.563 kg
'\u2026 a book any serious financial advisor should read.' National Post (Toronto)
This 2006 book introduces and develops the basic actuarial models and underlying pricing of life-contingent pension annuities and life insurance from a unique financial perspective. The ideas and techniques are then applied to the real-world problem of generating sustainable retirement income towards the end of the human life-cycle. The role of lifetime income, longevity insurance, and systematic withdrawal plans are investigated in a parsimonious framework. The underlying technology and terminology of the book are based on continuous-time financial economic]
The Calculus of Retirement Income Milevsky Hardback Cambridge University Press
The Calculus of Retirement Income
Financial Models for Pension Annuities and Life Insurance
This 2006 book shows financial planners how to plan pension annuities and life insurance.
Moshe A. Milevsky (Author)
9780521842587, Cambridge University Press
Hardback, published 13 March 2006
336 pages
23.6 x 15.6 x 2.1 cm, 0.563 kg
'\u2026 a book any serious financial advisor should read.' National Post (Toronto)
This 2006 book introduces and develops the basic actuarial models and underlying pricing of life-contingent pension annuities and life insurance from a unique financial perspective. The ideas and techniques are then applied to the real-world problem of generating sustainable retirement income towards the end of the human life-cycle. The role of lifetime income, longevity insurance, and systematic withdrawal plans are investigated in a parsimonious framework. The underlying technology and terminology of the book are based on continuous-time financial economic]
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