Developing and maintaining a robust financial plan in retirement is a classic actuarial problem involving the time-value of money and life contingencies. This problem is easily solved with basic actuarial principles, including periodic comparisons of household assets and spending liabilities.
Friday, April 28, 2017
Society of Actuaries’ Financial Wellness Collection
The Society of Actuaries has released the 2017 Financial Wellness Collection. The selection committee awarded our entry, “Using Sound Actuarial Principles to Enhance Financial Well Being” a third prize. Readers may find these essays to be of interest.