How to Build a Modern Tontine: Algorithms, Scripts and Tips

1. Why Tontines? Why Now?.- 2. Financial & Actuarial Background.- 3. Building a Tontine Simulation in R.- 4. Statistical Risk Management.- 5. Death Benefits, Refunds & Covenants.- 6. Goodbye LogNormal Distribution.- 7. Squeezing the Most from Mortality.- 8. Managing a Competitive Tontine Business.- 9. Solutions & Advanced Hints.- 10. Concluding Remarks: Tontine Thinking.