The Calculus of Retirement Income
Financial Models for Pension Annuities and Life Insurance
- 336pagine
- 12 ore di lettura
The book addresses the financial challenges faced by baby boomers nearing retirement, focusing on strategies to ensure they don't outlive their savings. It presents a mathematical framework that integrates investment strategies with mortality risk, offering formulas and examples to aid retirees in managing their finances effectively. Additionally, it serves as a resource for instructors training future financial advisors, enhancing their understanding of these critical concepts.
