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Author: Moshe A. Milevsky
Publisher: Springer Nature
ISBN: 3031624033
Category :
Languages : en
Pages : 275
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Book Description
Author: Moshe A. Milevsky
Publisher: Springer Nature
ISBN: 3031624033
Category :
Languages : en
Pages : 275
Get Book Here
Book Description
Author: Moshe A. Milevsky
Publisher: Palgrave Macmillan
ISBN: 9783031624025
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
This book presents a unique historical study on the origins of longevity risk management and its links to religious institutions in the eighteenth century. Throughout history, monarchs, affluent patrons, and wealthy benefactors routinely pledged to provide their devotees with pensions or life annuities, mirroring the biblical concept of ‘daily bread for life’. Until the eighteenth century, however, the uncertainty around the longevity of beneficiaries’ lives and the difficulty of budgeting for random financial obligations had posed economic challenges that often led to insufficient funding and high default rates. This book narrates the genesis of longevity risk pooling and the first successfully funded annuity scheme in history, an eventual prototype for national pension plans around the world. It examines how a group of Protestant clergymen, scientists, and intellectuals associated with the Presbyterian Church of Scotland pioneered innovative methods for setting up a reversionary annuity and widow’s pension plan, guided by actuarial principles. Unknown to many, the economist Adam Smith, and other literati of the Scottish Enlightenment, invested in this novel annuity. Illuminating the social and theological contexts of this scheme, the book argues that religious belief played a critical role in the development of best practices around the prudent management of longevity risk. The practices, values and beliefs in divine probabilities were at the heart of these thought leaders’ confidence in long-term financial projections. Shedding light on this fascinating aspect of actuarial history by an examination of the archival records, while also linking to contextual discussions of modern pension challenges, this book will be of interest to scholars and readers interested in finance, insurance, pensions, and religion.
Author: Simone Lindorfer
Publisher: LIT Verlag Münster
ISBN: 3825890384
Category : Abused women
Languages : en
Pages : 525
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Book Description
This book reflects the fruitful dialogue between two regional contexts, including the encounter of different methodologies, namely the context of Latin American liberation psychology as inspired by liberation theology and specifically developed in El Salvador by the Jesuit Ignacio Martin-Baro, and the context of Eastern African women. The book evaluates in four case studies the contribution of liberation psychology in overcoming various forms of gender-related violence in Eastern Africa where the author has worked since 1998 as consultant in trauma work. The book encourages the critical reflection of current trauma psychology as well as the conceptualisation of a globally oriented practical theology.
Author:
Publisher: BRILL
ISBN: 9004669949
Category : Philosophy
Languages : en
Pages : 318
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Book Description
Author: Daniel Liechty
Publisher: Rowman & Littlefield
ISBN: 179365543X
Category : Religion
Languages : en
Pages : 187
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Book Description
Exploring a new approach to interfaith/interreligious communication, the contributors to this collection seek to interact from the perspective of their own tradition or academic discipline with Ernest Becker's theory on the relationship between religion, culture and the human awareness of death and mortality. While much interfaith/interreligious dialogue focuses on beliefs and practices, thus delineating areas of disagreement as a starting point, these chapters foster interactive communication rooted in areas of the universal human experience. Thus by demonstration these authors argue for the integrity and efficacy of this approach for pursuing intercultural and interdisciplinary communication.
Author: Joseph Gerson Cunha
Publisher:
ISBN:
Category : Bombay (India)
Languages : en
Pages : 414
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Book Description
Author: J. Gerson Da Cunha
Publisher: Asian Educational Services
ISBN: 9788120608153
Category : History
Languages : en
Pages : 398
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Book Description
Author: Moshe A. Milevsky
Publisher: John Wiley & Sons
ISBN: 1118294513
Category : Business & Economics
Languages : en
Pages : 229
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Book Description
The 800 years of scientific breakthroughs that will help salvage your retirement plans Physics, Chemistry, Astronomy, Biology; every field has its intellectual giants who made breakthrough discoveries that changed the course of history. What about the topic of retirement planning? Is it a science? Or is retirement income planning just a collection of rules-of-thumb, financial products and sales pitches? In The 7 Most Important Equations for Your Retirement...And the Stories Behind Them Moshe Milevsky argues that twenty first century retirement income planning is indeed a science and has its foundations in the work of great sages who made conceptual and controversial breakthroughs over the last eight centuries. In the book Milevsky highlights the work of seven scholars—summarized by seven equations—who shaped all modern retirement calculations. He tells the stories of Leonardo Fibonnaci the Italian businessman; Benjamin Gompertz the gentleman actuary; Edmund Halley the astronomer; Irving Fisher the stock jock; Paul Samuelson the economic guru; Solomon Heubner the insurance and marketing visionary, and Andrey Kolmogorov the Russian mathematical genius—all giants in their respective fields who collectively laid the foundations for modern retirement income planning. With baby boomers starting to hit retirement age, planning for retirement income has become a hot topic across the country Author Moshe Milevsky is an internationally-respected financial expert with the knowledge you need to assess whether you are ready to retire or not Presents an entertaining, informative narrative approach to financial planning Understanding the ideas behind these seven foundation equations—which Moshe Milevsky explains in a manner that everyone can appreciate—will help baby boomers better prepare for retirement. This is a book unlike anything you have ever read on retirement planning. Think Suze Orman meets Stephen Hawking. If you ever wondered what the point of all that high school mathematics was, Moshe Milevsky's answer is: So that you can figure out how to retire...while you can still enjoy your money.
Author: Moshe A. Milevsky
Publisher: John Wiley & Sons
ISBN: 1119025257
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
Guarantee your retirement income with a DIY pension Pensionize Your Nest Egg describes how adding the new approach of "product allocation" to the tried-and-true asset allocation approach can help protect you from the risk of outliving your savings, while maximizing your income in retirement. This book demonstrates that it isn't the investor with the most money who necessarily has the best retirement income plan. Instead, it's the investor who owns the right type of investment and insurance products, and uses product allocation to allocate the right amounts, at the right time, to each product category. This revised second edition is expanded to include investors throughout the English-speaking world and updated to reflect current economic realities. Readers will learn how to distinguish between the various types of retirement income products available today, including life annuities and variable annuities with living income benefits, and how to evaluate the features that are most important to meet their personal retirement goals. Evaluate the impacts of longevity, inflation, and sequence of returns risk on your retirement income portfolio Make sense of the bewildering array of today's retirement income products Measure and maximize your Retirement Sustainability Quotient Learn how your product allocation choices can help maximize current income or financial legacy — and how to select the approach that's right for you Walk through detailed case studies to explore how to pensionize your nest egg using the new product allocation approach Whether you do it yourself or work with a financial advisor, Pensionize Your Nest Egg gives you a step-by-step plan to create a guaranteed retirement income for life.
Author: B. Glenn Wilkerson DMin
Publisher: iUniverse
ISBN: 1532007671
Category : Body, Mind & Spirit
Languages : en
Pages : 340
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Book Description
Many of us fill our lives with so much work, entertainment, and fluff that we fail to consider the reality that our personal journeys on earth must someday come to an end. This collection of essays and articles points out that human existence is a fragile, terminal gift. Accepting that encourages us to live dynamic, purposeful lives. Combining insights from thought leaders in the fields of medicine, mental health, and religion, as well as hospice, funeral directors, and those who have faced life-threatening situations, the writers and editors of this book share their honest, open views about death, dying, and the possibilities of an afterlife. Enormously compelling and easy to read, the book calls us to engage in passionate, meaningful living in the here and now. Start making every day count with Reflections on Mortality. I found the book helpful in setting out so many issues surrounding our death and dying. His Eminence Daniel Cardinal DiNardo, President of the U.S. Conference of Catholic Bishops I found myself asking, Why wasnt a book of this scope and impact available until now? It is a true gift to all of us. Robert J. Wicks, Psy.D., author of Perspective: The Calm within the Storm; Bounce: Living the Resilient Life
