The 7 Most Important Equations for your Retirement

The 7 Most Important Equations for your Retirement

The Fascinating People and Ideas Behind Planning your Retirement Income

Book - 2012
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The 800 years of scientific breakthroughs that will help salvageyour retirement plans

Physics, Chemistry, Astronomy, Biology; every field has itsintellectual giants who made breakthrough discoveries that changedthe course of history. What about the topic of retirement planning?Is it a science? Or is retirement income planning just a collectionof rules-of-thumb, financial products and sales pitches? In The7 Most Important Equations for Your Retirement...And the StoriesBehind Them Moshe Milevsky argues that twenty first centuryretirement income planning is indeed a science and has itsfoundations in the work of great sages who made conceptual andcontroversial breakthroughs over the last eight centuries.

In the book Milevsky highlights the work of sevenscholars?summarized by seven equations?who shaped allmodern retirement calculations. He tells the stories of LeonardoFibonnaci the Italian businessman; Benjamin Gompertz the gentlemanactuary; Edmund Halley the astronomer; Irving Fisher the stockjock; Paul Samuelson the economic guru; Solomon Heubner theinsurance and marketing visionary, and Andrey Kolmogorov theRussian mathematical genius?all giants in their respectivefields who collectively laid the foundations for modern retirementincome planning.

With baby boomers starting to hit retirement age, planning forretirement income has become a hot topic across the country Author Moshe Milevsky is an internationally-respected financialexpert with the knowledge you need to assess whether you are readyto retire or not Presents an entertaining, informative narrative approach tofinancial planning

Understanding the ideas behind these seven foundationequations?which Moshe Milevsky explains in a manner thateveryone can appreciate?will help baby boomers better preparefor retirement. This is a book unlike anything you have ever readon retirement planning. Think Suze Orman meets Stephen Hawking. Ifyou ever wondered what the point of all that high schoolmathematics was, Moshe Milevsky's answer is: So that you canfigure out how to retire...while you can still enjoy yourmoney .

Publisher: Mississauga, Ont. : J. Wiley & Sons Canada, c2012.
ISBN: 9781118291535
1118291530
Branch Call Number: 332.024 MILEVSK
Characteristics: 210 p. : ill. ; 23 cm.

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michaelj74
Sep 26, 2017

Excellent book! The author describes the important work that great thinkers have published relevant to retirement income planning. The longevity and money questions that people approaching retirement (or in retirement) think about are here, with guidance to find answers that work for an individual.

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HandyFellow
May 27, 2015

An interesting, albeit math focused, read. With a recent copy of Excel, you can quickly download or design simple spreadsheets that will easily do the calculations for you, but it's always amusing to see where some of the formulas such as present and futures values originated. I would equate reading this book to learning how to use a slide rule to calculate logs and cosines, when you can easily do that with a simple app on your smart phone. The book is best described as Informative but for geeks only.

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