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    Retirement Income Recipes in R: From Ruin Probabilities to Intelligent Drawdowns
    Retirement Income Recipes in R: From Ruin Probabilities to Intelligent Drawdowns
    Retirement Income Recipes in R: From Ruin Probabilities to Intelligent Drawdowns
    Ebook548 pages6 hours

    Retirement Income Recipes in R: From Ruin Probabilities to Intelligent Drawdowns

    By Moshe Arye Milevsky

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    About this ebook

    This book provides computational tools that readers can use to flourish in the retirement income industry. Each chapter describes recipe-like algorithms and explains how to implement them via simple scripts in the freely available R coding language. Students can use those skills to generate quantitative answers to the most common questions in retirement income planning, as well as to develop a deeper understanding of the finance and economics underlying the field itself. The book will be an excellent asset for experienced students who are interested in advanced wealth management, and specifically within courses that focus on holistic modeling of the retirement income process. The material will also be useful to current and future wealth management professionals within the financial services industry. Readers should have a solid understanding of financial principles, as well as a rudimentary background in economics and accounting. 
    LanguageEnglish
    PublisherSpringer
    Release dateSep 26, 2020
    ISBN9783030514341
    Retirement Income Recipes in R: From Ruin Probabilities to Intelligent Drawdowns

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      Retirement Income Recipes in R - Moshe Arye Milevsky

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