Patent ID: 7962388
Filing Date: 2011-06-14
Classification: G06Q

Abstract:
1. A computer implemented method, comprising: (a) receiving, using a data processing system, user inputs comprising an initial value of a portfolio and a current age of an investor; (b) randomly generating, using the data processing system, a number between 0 to 1; (c) determining, using the data processing system, a mortality rate of the investor in accordance with a mortality table based on the current age of the investor; (d) comparing, using the data processing system, the randomly drawn number with said determined mortality rate using a preselected logical relation such that: (e) computing, using the data processing system, a future value of the portfolio using the age of death defined in step (d)(1), a predetermined rate of return, and the initial value of the portfolio; and (f) outputting the computed future value of the portfolio.