Systems and methods for determining an average retirement...

Details Systems and methods for determining an average retirement... Systems and methods for determining an average retirement...

G - Physics

06

Q

G06Q 10/00 (2012.01)

Patent

CA 2745954

Systems and methods for determining an average retirement age index, the index including a year and week. The method determines a wealth at death of an average couple for a first retirement age. If wealth at death is greater than zero, the retirement age is decreased by one and the wealth at death value is recalculated. This process continues until the wealth at death value is less than zero, at which point the year of the retirement age index is determined by adding one to the current year of the retirement age. The week of the retirement age index is determined by: dividing the opposite of a wealth at death value for the year prior to the year of the average retirement age index by a wealth delta and multiplying the result by fifty--two.

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