Call Boomerang Books 1300 36 33 32

Description - The Calculus of Retirement Income by Moshe A. Milevsky

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 economics by merging analytic laws of mortality with the dynamics of equity markets and interest rates. Nonetheless, the book requires a minimal background in mathematics and emphasizes applications and examples more than proofs and theorems. It can serve as an ideal textbook for an applied course on wealth management and retirement planning in addition to being a reference for quantitatively-inclined financial planners.

Buy The Calculus of Retirement Income by Moshe A. Milevsky from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9780521842587
ISBN-10: 0521842581
Format: Hardback
(228mm x 152mm x 12mm)
Pages: 336
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 1-Mar-2006
Country of Publication: United Kingdom

Book Reviews - The Calculus of Retirement Income by Moshe A. Milevsky

» Have you read this book? We'd like to know what you think about it - write a review about Calculus of Retirement Income book by Moshe A. Milevsky and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)

Write Review


Author Biography - Moshe A. Milevsky

Moshe A. Milevsky is Associate Professor of Finance at the Schulich School of Buisness at York University and the Executive Director of the IFID Centre in Toronto, Canada. He was elected as a Fellow of the Fields Institute in 2002. Professor Milevsky is co-founding editor of the Journal of Pension Economics and Finance, published by Cambridge University Press, and has published more than thirty scholarly articles in addition to three books. His popular media writing received a National Magazine Award in Canada in 2004. He has lectured widely on the topic of retirement income planning, insurance and investments in North America, South America and Europe, and is a frequent guest on North American television and radio.

Books By Moshe A. Milevsky

Pensionize Your Nest Egg by Moshe A. Milevsky
Hardback, April 2015
$46.29
King William's Tontine by Moshe A. Milevsky
Hardback, April 2015
$71.96