{"product_id":"retirement-income-recipes-in-r-from-ruin-probabilities-to-intelligent-drawdowns-9783030514334","title":"Retirement Income Recipes in R: From Ruin Probabilities to Intelligent Drawdowns","description":"1 Setting Expectations and Deviations.- 2 Loading and Getting to Know R.- 3 Coding the (Simple) Financial Life-cycle Model.- 4 Data in R: The Family Balance Sheet.- 5 Portfolio Longevity: Deterministic \u0026amp; Stochastic.- 6 Modeling the Risk of Sequence-of-Returns.- 7 Modeling Human Longevity and Life Tables.- 8 Life \u0026amp; Death in Continuous Time: Gompertz 101.- 9 The Lifetime Ruin Probability (LRP).- 10 Life Annuities: From Immediate to Deferred.- 11 Intelligent Drawdown Rates.- 12 Pensionization: From Benefits to Utility.- 13 Biological (and other) Ages.- 14 Exotic Annuities for Longevity Risk.- 15 Very Last Thoughts.- Glossary of User Defined R-Functions.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cb\u003eMoshe Arye Milevsky\u003c\/b\u003e is a tenured professor of finance at the Schulich School of Business and a member of the Graduate Faculty in Mathematics and Statistics at York University in Toronto, Canada, where he teaches courses on wealth management, insurance and retirement planning. He has written over sixty-five peer-reviewed articles, and this is his fifteenth published book. His prior work, \u003ci\u003eKing William's Tontine: \u003c\/i\u003e\u003ci\u003e \u003c\/i\u003e\u003ci\u003eWhy the Retirement Annuity of the Future Should Resemble Its Past, \u003c\/i\u003ewas awarded the Kulp-Wright Book Award from the \u003ci\u003eAmerican Risk and Insurance Association.\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003eProfessor Milevsky is an Associate Editor of \u003ci\u003eInsurance: Mathematics \u0026amp; Economics, \u003c\/i\u003e\u003ci\u003e \u003c\/i\u003eas well as \u003ci\u003eThe Journal of Pension Economics \u0026amp; Finance. \u003c\/i\u003eHe is also a Fellow of the \u003ci\u003eFields Institute for Research in Mathematical Sciences, \u003c\/i\u003ewhere he was previously a member of the board of directors and active in their scientific and commercial activities.\u003c\/p\u003e In additionto his scholarly work Professor Milevsky is a well-known industry consultant, keynote speaker and fin-tech entrepreneur, with a number of U.S. patents. He was named by \u003ci\u003eInvestment Advisor Magazine \u003c\/i\u003eas one of the 35 most influential people in the U.S. financial advisory business during the last 35 years and received a lifetime achievement award from the \u003ci\u003eRetirement Income Industry Association. \u003c\/i\u003eHe recently joined forces with Guardian Capital Group (Canada) to help implement many of the ideas contained in this book.\u003cbr\u003e","brand":"Springer","offers":[{"title":"Default Title","offer_id":50377090695442,"sku":"9783030514334","price":79.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_e2abff89-1a71-468f-91df-53ce09532826.jpg?v=1728615690","url":"https:\/\/surprise-castle.myshopify.com\/products\/retirement-income-recipes-in-r-from-ruin-probabilities-to-intelligent-drawdowns-9783030514334","provider":"Surprise Castle","version":"1.0","type":"link"}