NOTE: Course information changes frequently, including Methods of Instruction. Please revisit these pages periodically for the most recent and up-to-date course information.

This course covers how to generate reliable and sustainable incomes based on available resources and manage the key risks in retirement (or in the state of financial independence (FI)). We discuss the overall framework and the process and examine the major products and strategies used in practice, with a special focus on the areas related to actuarial science, such as the key insurance products (annuities, life insurance, and long-term care insurance) commonly used, how to position various investments in different types of accounts and withdraw in the most tax efficient manner to meet the income needs. Effective strategies to manage the top risks (longevity, inflation, sequence of return, liquidity, long-term care, and frailty) will also be covered.