US 8,015,090 B1 · Systems and methods for retirement asset distribution

Abstract

The present disclosure describes systems and methods for distributing retirement assets. One or more embodiments include receiving personal data related to an individual, the personal data including a number of projected income sources and a value of projected expenses of the individual, and receiving retirement asset allocation data of the individual, the retirement asset allocation data including current fund allotments to a number of money classes each having disparate tax treatment. One or more embodiments include calculating a value of projected after-tax income of the individual, calculating a deficit amount when the value of projected expenses exceeds the value of projected after-tax income, and using orthogonal sampling to calculate a distribution schedule for funding the deficit amount, the distribution schedule including, for each of the number of money classes, a recommended sum for the individual to withdraw from the money class in order to fund the deficit amount.

Claims21

Dependent claims

A retirement asset distribution method, comprising:

obtaining, for funds distribution scheduling, at least:
a target individual income for a first year;
data on individual income sources for the first year;
data on current fund allotment to a plurality of money classes;
and
a retirement time horizon;
calculating a projected net individual income for the first year using the data on individual income sources for the first year;
determining that the target individual income is greater than the projected net individual income;
calculating a first year deficit as the difference between the target individual income and the projected net individual income, upon determining that the target individual income is greater than the projected net individual income;
calculating via a processor a funds distribution schedule for funding the first year deficit that maximizes a projected portfolio value of the money classes over the retirement time horizon, the distribution schedule including withdrawal amounts from the money classes in the first year;
and
providing the distribution schedule.

9 more elements

A retirement asset distribution system, comprising:

a memory;
and
a processor disposed in communication with the memory and configured to issue processing instructions stored in the memory, wherein the processor issues instructions to:
obtain, for funds distribution scheduling, at least:
a target individual income for a first year;
data on individual income sources for the first year;
data on current fund allotment to a plurality of money classes;
and
a retirement time horizon;
calculate a projected net individual income for the first year using the data on individual income sources for the first year;
determine that the target individual income is greater than the projected net individual income;
calculate a first year deficit as the difference between the target individual income and the projected net individual income, upon determining that the target individual income is greater than the projected net individual income;
calculate a funds distribution schedule for funding the first year deficit that maximizes a projected portfolio value of the money classes over the retirement time horizon, the distribution schedule including withdrawal amounts from the money classes in the first year;
and
provide the distribution schedule.

12 more elements

Dependencies are inferred from the claim text.

Systems and methods for retirement asset distribution

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Systems and methods for retirement asset distribution

Life of this patent

Abstract

Claims21