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System and method for administering a lifetime income share plan

机译:管理终生收入分成计划的系统和方法

摘要

The present invention provides a system and method for administering an investment option known as a lifetime income share. Lifetime income shares mitigate survival risk, the risk that an individual will outlive his or her assets. More specifically, the purchase of a plurality of lifetime income shares guarantees an individual a predetermined, periodic income payment for the life of the purchaser. The guaranteed stream of monthly income commences at a specified age. Furthermore, the guaranteed stream is utilized to supplement an existing income level or provide income in the event that the individual outlives his or her accumulated liquid assets.
机译:本发明提供了一种用于管理被称为终身收入份额的投资选择的系统和方法。终生收入分成减轻了生存风险,即个人将无法承受其资产寿命的风险。更具体地说,购买多个终生收入份额可保证个人在购买者的整个生命期内获得预定的定期收入。保证的每月收入流从指定年龄开始。此外,有保证的资金可用于补充现有收入水平或在个人超过其累积的流动资产时提供收入。

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