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Strategic Financial Planning over the Lifecycle: A Conceptual Approach to Personal Risk Management

paperbackMay 28, 2012
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ISBN-13: 9780521148030 ISBN-10: 0521148030
Publisher
Cambridge University Press
Binding
paperback
Published
May 28, 2012
Weight
1.1 lbs
Dimensions
22.90×2.40×15.20 cm

About this book

Strategic Financial Planning over the Lifecycle: A Conceptual Approach to Personal Risk Management by Charupat, Narat. paperback edition. ISBN: 9780521148030.

This book on personal financial planning and wealth management employs the lifecycle model of financial economics. The central idea of “consumption smoothing” is used to connect chapters and topics such as saving and investment, debt management, risk management, and retirement planning. The first part of the book is nontechnical and aimed at a wide audience with no special technical background. The second part of the book provides a rigorous presentation of the lifecycle model from first principles using the calculus of variations. The accompanying website is found at http://www.yorku.ca/milevsky/?page_id=185.