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    • 3. 发明授权
    • Optimal portfolio withdrawal during retirement in the presence of longevity risk
    • 在存在寿命风险的情况下退休期间优化投资组合撤回
    • US08781937B2
    • 2014-07-15
    • US13602996
    • 2012-09-04
    • Moshe A MilevskyHuaxiong Huang
    • Moshe A MilevskyHuaxiong Huang
    • G06Q40/00G06Q40/08G06Q40/06
    • G06Q40/08G06Q40/06
    • A method, system, and medium for recommending an optimal withdrawal amount, for a given period, from a retiree's portfolio accounts comprised of relatively risky and relatively safe financial assets used to finance retirement. The user supplies information about the retiree's personal characteristics, including age, gender, and health status. Details of the retiree's financial situation are also supplied, including the retiree's total liquid wealth, the current value of relatively risky and relatively safe assets, and any after-tax pension and other annuity income. Risk (standard deviation of return), return (expected rate of return based on a lognormal or other random distribution), or other measurable differentiating characteristics are retrieved for a portfolio comprised of relatively risky assets. A valuation rate is also retrieved. Based on these inputs, an actuarial discount rate is computed, an optimal wealth depletion time is located, and the optimal withdrawal amount is computed and displayed to the user.
    • 一种方法,系统和媒介,用于在特定时期内从退休人员的投资组合帐户中推荐最佳提款金额,该账户包括用于资助退休金的相对风险较高且相对安全的金融资产。 用户提供关于退休人员个人特征的信息,包括年龄,性别和健康状况。 还提供退休人员财务状况的细节,包括退休人员的流动资金总额,相对风险较高的相对安全资产的现值,以及任何税后退休金和其他年金收入。 对于由相对风险资产组成的投资组合,检索风险(回报标准差),回报率(基于对数正态分布或其他随机分布的预期回报率)或其他可衡量的差异特征。 估值也被检索。 根据这些投入,计算出精算贴现率,确定最优的财富消耗时间,并计算出最佳退出金额并显示给用户。