... mathematics and statistics, and a BA in mathematics and physics.Peng Chen, CFA, is president and chief investment officer at Ibbotson Associates,a registered investment adviser and wholly owned ... dollars of savings and investments are shifting from accumulation to decumulation, making the ideas and techniques described in Lifetime Financial Advice timely and necessary. Wehope and expect that ... the one hand, correlations and dependence when considering humancapital and aggregate stock market returns (such as return of the S&P 500 Index) and, on the other hand, correlations of human...