I have been reading about retirement planning for many years and looking at tools that provides information about retirement. However, most of them did not explain how they arrive to the results shown in the books or online tools. Since I like mathematics, I wanted to know about the formulas and how to used them to arrive to the retirement results. I found that information on the books listed below.
Milevsky, M. A. (2006).
The Calculus of Retirement Income: Financial Models for Pension Annuities and Life Insurance. New York, NY: Cambridge University Press.
Narat, C., H. Huaxion and M. Milevsky (2012). Strategic Financial Planning over the Life Cycle. New York, NY: Cambridge University Press.
Milevsky, M. A, (2012). The 7 Most Important Equations for Your Retirement. Mississauga, ON, Canada: John Wiley & Sons.
Pfau, W. (2017).
How Much Can I Spend in Retirement?
A guide to Investment-Base Retirement Income Strategies. McLean, VA: Retirement Research Media.