For the hardcore technicals among us, I would like to share William Sharpe's blog with you. Even though more relevant in the US context, it is still very interesting to look at retirement income calculations and draw parallels to the Singapore context, especially since retirement planning and CPF Life are such hot topics in Singapore right now.
William Sharpe is an American Economist. He is the STANCO 25 Professor of Finance, Emeritus at Stanford University, recipient of the 1990 Nobel Prize in Economic Sciences and a co-founder of Financial Engines, Inc. Those who did Finance in school will be familiar with him.
Sharpe was one of the originators of the capital asset pricing model (CAPM), created the Sharpe ratio for risk-adjusted investment performance analysis, contributed to the development of the binomial method for the valuation of options, the gradient method for asset allocation optimization, and returns-based style analysis for evaluating the style and performance of investment funds.
Please refer to his blog, Retirement Income Scenarios here.
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