Patent ID: 7516095
Filing Date: 2009-04-07
Classification: G06Q

Abstract:
1. A computer-implemented method for generating a recommended a control action policy in a multi-year planning setting, the method including: retrieving mean return, variance and covariance data for multiple of classes of prospective investments; retrieving pay and likelihood of unemployment estimates for human capital and covariance estimates between the human capital and the prospective investments; retrieving house price return and variance data for housing resources and covariance estimates between the housing resources and the prospective investments; electronically calculating, from the retrieved data and estimates, returns on alternative diversified portfolios that include the prospective investments, the human capital and the housing resources; filtering among the alternative diversified portfolios so that the human capital and the housing resource components of the diversified portfolios conform to resources of an investor and goals set by the investor for retirement age and for holding or selling the housing resources; receiving data into computer memory and processing the data to generate a search grid spanning and subdividing at least working backwards through the time horizon, wherein using the computer to evaluate the potential control actions for the particular times and resource values includes calculating a utility of potential spending and risk taking levels, outputting at least part of the control action policy for the time horizon and the potential resource values, including recommendations for the spending and the risk taking levels.