How to Build a Modern Tontine : Algorithms, Scripts and Tips

How to Build a Modern Tontine Algorithms, Scripts and Tips

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This 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...

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Detalles Bibliográficos
Autor principal: Milevsky, Moshe Arye. author (author)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Cham : Springer International Publishing 2022.
Edición:1st ed. 2022.
Colección:Future of Business and Finance,
Materias:
Statistics.
Financial risk management.
Actuarial science.
Social sciences > Mathematics.
Statistics in Business, Management, Economics, Finance, Insurance.
Risk Management.
Actuarial Mathematics.
Mathematics in Business, Economics and Finance.
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009746834206719
Tabla de Contenidos:
  • 1. 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.

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