No. of Recommendations: 2
MBAs may recognize him as the creator of the Sharpe ratio, but Professor Sharpe has now turned his attention to helping middle-class workers with their retirement income.

Nobel Prize-Winning Economist on How to Solve the ‘Nastiest, Hardest Problem’ in Retirement
https://www.barrons.com/articles/william-sharpe-how-to-secur...

So, there are lots and lots of possible future scenarios. You can cut down the investment uncertainty by just basically having Social Security…and an inflation-indexed-based annuity. But, even then, you’ve got to make choices about whether it will be a joint annuity, for how much, and when you’ll buy it. It’s a tough, tough, tough problem.

Is this something people can do on their own?

I don’t think so. Maybe if you were a physicist, but most people have a really hard time internalizing uncertainty.

</snip>


Sharpe has a free e-book you can download with all the details.
https://web.stanford.edu/~wfsharpe/RISMAT/

intercst
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.