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 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 .

Publisher: Mississauga, Ont. : John Wiley & Sons Canada, 2012
ISBN: 9781118291535
Branch Call Number: 332.024014 MIL NVD
Characteristics: 210 p. : ill. ; 23 cm

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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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