Method and apparatus for retirement income planning
OwnerRobert Merton, Roberto Mendoza +1inventors
InventorsROBERT MERTON, ROBERTO MENDOZA, PETER HANCOCK
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Abstract
Embodiments of the invention generally provide a method and apparatus for retirement income planning. One embodiment of a method for defining an income stream for an individual includes allocating, in response to receiving lifestyle or personal preferences from the individual, equity belonging to the individual among one or more investments and defining a determinable income stream payable to the individual over the lifetime of the individual in accordance with the allocations of equity.
Claims25
A method for defining an income stream for an individual, the method comprising:
- in response to receiving lifestyle or personal preferences from the individual, allocating assets belonging to the individual among one or more investments;
- and
- defining a determinable income stream payable to the individual over a period of time in accordance with the allocations of assets.
A computer readable medium containing an executable program for defining an income stream for an individual, where the program performs the steps of:
- in response to receiving lifestyle or personal preferences from the individual, allocating assets belonging to the individual among one or more investments;
- and
- defining a determinable income stream payable to the individual over a period of time in accordance with the allocations of assets.
A system for defining an income stream for an individual, the system comprising:
- means for, in response to receiving lifestyle or personal preferences from the individual, allocating assets belonging to the individual among one or more investments;
- and
- means for defining a determinable income stream payable to the individual over a period of time in accordance with the allocations of assets.
Dependencies are inferred from the claim text.