How to Build a Modern Tontine

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Focusing on retirement and decumulation, this open access book presents the modern tontine as a solution to financial management challenges faced later in life. Dr. Milevsky, a retirement planning expert, guides readers through building a tontine using a technically oriented, cookbook format, complete with R code. The book emphasizes a statistical approach to retirement planning, making it a practical resource for both professionals and retirees seeking efficient financial strategies.