FINE 4060 3.00

Title ADVANCED PERSONAL FINANCE: RETIREMENT INCOME MODELS
Level Undergraduate
Department
Description

This course addresses advanced topics in personal finance. It focuses on the management of uncertainty (randomness) consumers face towards the end of the lifecycle in the areas of longevity, mortality, inflation, investment returns, pensions and income taxes. The instructional pedagogy is interactive and computational. Students will learn how to create R-scripts that optimize and solve real-world retirement income problems.
Prerequisite: SB/FINE 2000 3.00
Corequisite: SB/FINE 4050 3.00