| 摘要 |
A method and system for managing a retirement income fund includes recording a starting value of a retirement investment for an investor and calculating based on the starting value a guaranteed periodic income amount that the investor will receive for the rest of their life. A selection is received from the investor of at least one investment fund and of a periodic withdrawal amount. Based on the performance of the at least one investment fund, upper and lower parameters for the periodic withdrawal amount are calculated. The guaranteed periodic income amount is recalculated whereby if the selected periodic withdrawal amount is lower than the lower parameter then the guaranteed periodic income amount is increased, if the periodic withdrawal amount is higher than the upper parameter then the guaranteed periodic income amount is decreased and if the periodic withdrawal amount is between the upper and lower parameters then the guaranteed periodic income amount is left the same. The selected periodic withdrawal amount is periodically paid to the investor and the value of the retirement investment is recalculated based on the performance of the at least one investment fund and reducing the value of the retirement investment by the periodic withdrawal amount. If the value of the retirement investment has reached zero then ceasing to pay to the investor the periodic withdrawal amount but thereafter periodically paying the guaranteed periodic income amount. Finally, on the death of the investor, determining the value of the retirement investment and if this is greater than zero then paying to at least one beneficiary of the investor the value and ceasing to pay any further periodic amounts.
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