Retirement mathematics : an honors thesis (HONRS 499)

Abstract

This paper discusses retirement and the mathematics pertaining to retirement. There are many approaches to discussing retirement including discussion of vehicles, strategies, implementation, and failure. While each of these topics is voluminous by itself, this paper attempts to accumulate relevant knowledge from each topic and present it in a manageable form. The result is a mathematical and actuarial consideration of retirement. Further, this paper brings high-level topics to a level acceptable to general readers in order to highlight the importance and impact each topic has on individual retirees.