Description: To be financially "well" is unique to an individual. Following a hierarchy of needs is key, along with saving more than the talking heads tell you to.

Description: Charts for the 2009 Housing Wealth monograph paper, “The Financial Well-Being of American Retirees.” This paper presents the findings of a study which examines four age groups of retirees and how well they are meeting their financial needs and how much an effect real estate can have on meeting retirement expenses.

Description: The survivor principle--that the share of each, at death, is enjoyed by the survivors--can be used to design tontine annuities and tontine pensions.

Description: Essay on the role of Risk Appetite, Economic Capital and Stress Testing in developing an effective capital budgeting process as part of the Own Risk and Solvency Assessment. Part of the essay collection "Risk Metrics for Decision Making and ORSA"

Description: Individuals in retirement should pay all general living expenses from predictable income, and then all other expenses from the liquidation of the endowment.

Description: Informal commentary on the importance to the actuarial community of embracing enterprise risk management and ORSA. Part of the essay collection "Risk Metrics for Decision Making and ORSA"

Description: Introductory Comments for the Response to Life Insurance 2020 Foresight – A Call for Essays e-Book. This e-book focuses on the vision for the future of the life insurance sector.

Description: Discusses the necessity and the difficulty to take management actions into account in ORSA (Own Risk and Solvency Assessment). If management actions were ignored, multi-period scenarios could be too artificial. On the other hand, it is of course very hard to predict management actions. We propose a certain number of characteristics that the ORSA should feature. Part of the essay collection "Risk Metrics for Decision Making and ORSA"

Description: There is a tendency for people not to question favorable information and assumptions, especially when bonuses and performance reviews are based on these positive results. This paper reviews this tendency and suggests protocols for mitigating it. Part of the essay collection "Risk Metrics for Decision Making and ORSA"

Description: Social Security provides financial protection by annuitizing retirement. This is not enough for many. My idea creates an additional annuity via Social Security.