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

1st ed. 2022

Book Details

Format Paperback / Softback
ISBN-10 3031009304
ISBN-13 9783031009303
Edition 1st ed. 2022
Publisher Springer International Publishing AG
Imprint Springer International Publishing AG
Country of Manufacture GB
Country of Publication GB
Publication Date Jun 8th, 2022
Print length 156 Pages
Ksh 6,300.00
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This how-to guide, which is a sequel to his 2020 book “Retirement Income Recipes in R”, will be invaluable for retirement planning professionals and advisors, as well as for PhD scholars in retirement planning, quantitative finance, and related fields. This book is open access.
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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