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The 7 Most Important Equations for Your Retirement: The Fascinating People and Ideas Behind Planning Your Retirement Income

ISBN: 978-1-118-29153-5
Hardcover
224 pages
May 2012
US $24.95 Add to Cart

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The 7 Most Important Equations for Your Retirement: The Fascinating People and Ideas Behind Planning Your Retirement Income (1118291530) cover image
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Introduction: An Equation Can't Predict Your Future . . .But It Can Help You Plan for It 1
Chapter 1: How Long Will My Number Last?
Equation #1: Leonardo Fibonacci (1170–1250) 7

Chapter 2: How Long Will I Spend in Retirement?
Equation #2: Benjamin Gompertz (1779–1865) 31

Chapter 3: Is a Pension Annuity Worth It?
Equation #3: Edmond Halley (1656–1742) 53

Chapter 4: What Is a Proper Spending Rate?
Equation #4: Irving Fisher (1867–1947) 77

Chapter 5: How Much in Risky Stocks versus Safe Cash?
Equation #5: Paul Samuelson (1915–2009) 101

Chapter 6: What Is Your Financial Legacy Today?
Equation #6: Solomon S. Huebner (1882–1964) 125

Chapter 7: Is My Current Plan Sustainable?
Equation #7: Andrei N. Kolmogorov (1903–1987) 151

Conclusion: Controversies, Omissions and Concluding Thoughts 175

Appendix: Crash Course on Natural and Unnatural Logarithms 179

References and Sources 185

Acknowledgments 195

About the Author 197

Short Poem by Maya Milevsky (age 11) 199

Index 201

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