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What can a 12th-century Italian, a 17th-century English astronomer, or 20th-century Russian socialist, scholar and athlete teach you about retirement planning? A whole lot, as it turns out. Moshe A. Milevsky's new book, The 7 Most Important Equations For Your Retirement, shows how the fundamentals of prudent planning can be found in seven landmark mathematical equations.
How can you figure out how much you'll really need in retirement, how can you calculate your real spending rate, how much can you safely invest in stocks versus cash and, perhaps most importantly, is your retirement plan actually sustainable?
Moshe A. Milevsky is a professor at York University in Toronto and holds graduate degrees in finance and mathematics. He is a fellow of the Fields Institute for Research in Mathematical Sciences and has written nine books, and published more than 60 peer-reviewed research studies and hundreds of magazine articles.
Prof. Milevsky joined us to answer your questions on retirement planning strategies.
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