Moshe A. Milevsky Livres

The book addresses the financial challenges faced by baby boomers nearing retirement, focusing on strategies to ensure they don't outlive their savings. It presents a mathematical framework that integrates investment strategies with mortality risk, offering formulas and examples to aid retirees in managing their finances effectively. Additionally, it serves as a resource for instructors training future financial advisors, enhancing their understanding of these critical concepts.

In "The 7 Most Important Equations for Your Retirement...And the Stories Behind Them," Moshe Milevsky explores the scientific foundations of retirement planning through the lens of seven historical figures and their groundbreaking equations. This engaging narrative demystifies financial concepts, empowering baby boomers to prepare for a secure retirement.

Exploring the finance, economics, and historical significance of tontines, this book presents a compelling case for their revival in modern society. It delves into how these financial instruments can offer innovative solutions in today's economic landscape, highlighting their potential benefits and relevance. The author combines thorough research with practical insights, making a strong argument for reintroducing tontines as a viable option for contemporary financial planning.

Focusing on the origins of longevity risk management, this historical study explores its connections to religious institutions in the eighteenth century. It highlights how monarchs and wealthy patrons committed to providing pensions and life annuities, reflecting the biblical idea of 'daily bread for life.' The book delves into the economic challenges faced due to uncertainties about beneficiaries' lifespans, which often resulted in insufficient funding and high default rates prior to the eighteenth century.