Retirement Mathematics

Partnership - Profit Loss Account, Balance Sheet, Capital Account, Gain Ratio

The 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 Festschrift volume, published in honor of Symeon Bozapalidis on the occasion of his retirement after more than 35 years of teaching activity, focuses on the subjects taught by Symeon, namely: algebra, linear algebra, mathematical logic, number theory, automata theory, tree languages and series, algebraic semantics, and fuzzy languages.

[[center]b]TTC - The Mathematics of Everyday Life
h264, yuv420p, 1280x720 | ENGLISH, 22050 Hz, 2channel | 5h 39mn | 4.78 GB

"This invitation to rethink mathematics teaching as a caring mode of being challenges the terms of popular debate, as it compels educators to rethink their relationships to learners, their social and cultural responsibilities, the discipline’s relevance and vibrancy, and the complex and intricate workings of the world that surpass perception and comprehension."
—Professor Brent Davis, University of Calgary, Canada

Covers the contents of course SOA Exam FAM-L

This book is a product of love and respect. If that sounds rather odd I initially apologise, but let me explain why I use those words. The original manuscript was of course Freudenthal’s, but his colleagues have carried the project through to its conclusion with love for the man, and his ideas, and with a respect developed over years of communal effort.