Guarantee your retirement income with a DIY pensionPensionize Your Nest Egg describes how adding the new approach of "product allocation" to the tried-and-true asset allocation approach can help prote
The 800 years of scientific breakthroughs that will help salvage your retirement plans Physics, Chemistry, Astronomy, Biology; every field has its intellectual giants who made breakthrough discoveries
Pensionize Verb. 1. To convert money into income you can't outlive. 2. To create your own personal pension, a monthly income that lasts for the rest of your natural life. With the subpar performance
Sibling matters underlie issues at the core of many clinical difficulties presented by adult clients. Recent studies show that individuals with a close sibling relationship are more emotionally mature
Sibling matters underlie issues at the core of many clinical difficulties presented by adult clients. Recent studies show that individuals with a close sibling relationship are more emotionally mature
This text provides students in the helping professions with the key stage-specific developmental knowledge they need for working with the adolescent population, while engaging exercises and pedagogica
The most long-lasting and enduring relationship an individual can develop is with a sibling. Considering the closeness in age and early association of siblings, they can bond for a lifetime. Psycholog
The most long-lasting and enduring relationship an individual can develop is with a sibling. Considering the closeness in age and early association of siblings, they can bond for a lifetime. Psycholog
In a time before bonds, treasury notes, or central banks, there were tontines. These were schemes in which a group of investors lent money to a government, corporation, or king, similar to a modern-day loan syndicate. But unlike conventional debt, periodic interest payments were distributed only to survivors. As tontine nominees died, the income of survivors correspondingly increased. Morbid, perhaps, but this was one of the earliest forms of longevity insurance in which the pool shared the risk. Moshe A. Milevsky tells the story of the first tontine issued by the English government in 1693, known as King William's tontine, intended to finance the war against French King Louis XIV. He explains how tontines work, the financial and economic thinking behind them, as well as why they fell into disrepute. Milevsky concludes with a provocative argument that suitably modified tontines should be resurrected for twenty-first-century retirement income planning.
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.
This book studies King Charles II's decision to stop all payments from his royal exchequer, a sordid but little-known event in English history with eerie similarities to the cause of the Great Recessi
A Whole New Way to Look at Your Money…and Make It Grow! “Here is a lively new guide that offers fresh and actionable ways to approach everyday financial problems. Whether you’re rich or just getting
This practical guide addresses the challenges for building and maintaining a college research program in an environment that does not focus on supporting research activity and for those with a heavy t
This practical guide addresses the challenges for building and maintaining a college research program in an environment that does not focus on supporting research activity and for those with a heavy t
This volume provides a theoretical and empirical review of the societal and educational factors that contribute to ‘emerging adulthood’. This developmental stage occurs between adolescence and adultho
