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024 7 $a10.1007/978-3-031-00928-0
035   $a(CKB)5860000000051237
035   $a(DE-He213)978-3-031-00928-0
035   $a(EXLCZ)995860000000051237
100   $a20220607d2022      u|         0
101 0 $aeng
135   $aurnn#008mamaa
181   $ctxt$2rdacontent
182   $cc$2rdamedia
183   $acr$2rdacarrier
200 10$aHow to Build a Modern Tontine $eAlgorithms, Scripts and Tips /$fby Moshe Arye Milevsky
205   $a1st ed. 2022.
210  1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2022.
215   $a1 online resource (XXI, 156 p. 35 illus., 30 illus. in color.)
225 1 $aFuture of Business and Finance,$x2662-2475
311   $a3-031-03184-9 
327   $a1. Why Tontines? Why Now? -- 2. Financial & Actuarial Background -- 3. Building a Tontine Simulation in R -- 4. Statistical Risk Management -- 5. Death Benefits, Refunds & Covenants -- 6. Goodbye LogNormal Distribution -- 7. Squeezing the Most from Mortality -- 8. Managing a Competitive Tontine Business -- 9. Solutions & Advanced Hints -- 10. Concluding Remarks: Tontine Thinking.
330   $aThis open access book introduces the modern tontine and its applications in retirement and decumulation. Personal financial management in the later stages of life presents unique challenges, and renowned retirement planning expert Dr. Milevsky proposes the modern tontine as a solution. With the goal of guiding professionals and retirees in more efficient decumulation, the book demonstrates how to build a modern tontine. It is technically oriented, employing a cookbook format, featuring R code, and examining retirement planning through a statistical lens. This how-to guide, which is a sequel to his 2020 book Retirement Income Recipes in R, will be invaluable for retirement planning professionals and advisors, as well as for PhD scholars in retirement planning, quantitative finance, and related fields. This book is open access.
410  0$aFuture of Business and Finance,$x2662-2475
606   $aStatistics
606   $aFinancial risk management
606   $aActuarial science
606   $aSocial sciences$xMathematics
606   $aStatistics in Business, Management, Economics, Finance, Insurance
606   $aRisk Management
606   $aActuarial Mathematics
606   $aMathematics in Business, Economics and Finance
615  0$aStatistics.
615  0$aFinancial risk management.
615  0$aActuarial science.
615  0$aSocial sciences$xMathematics.
615 14$aStatistics in Business, Management, Economics, Finance, Insurance.
615 24$aRisk Management.
615 24$aActuarial Mathematics.
615 24$aMathematics in Business, Economics and Finance.
676   $a300.727
700   $aMilevsky$b Moshe Arye$4aut$4http://id.loc.gov/vocabulary/relators/aut$0875495
906   $aBOOK
912   $a9910576868103321
996   $aHow to Build a Modern Tontine$92996011
997   $aUNINA