000			01594nam a22002177a 4500
999			_c2900 _d2900
005			20220719122845.0
008			220719b ||||| |||| 00| 0 eng d
020			_a9783030514334
082			_a332.024014 _bMIL
100			_aMilevsky, Moshe Arye _97767
245			_aRetirement income recipes in R: from ruin probabilities to intelligent drawdowns
260			_bSpringer _aSwitzerland _c2020
300			_axxix, 302 p.
365			_aEURO _b54.99
520			_aAbout this book 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.
650			_aAccounting _9217
650			_aFinance, Personal _95211
650			_aPensions _97768
650			_aR (Computer program language) _91512
942			_2ddc _cBK