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Actuaries Longevity Illustrator – Enter Your Information

Posted: March 18, 2019 at 4:44 am

The Longevity Illustrator calculates "Nearest Age" as the whole age you are closest to. For half the year, Nearest Age will be greater than your age on your last birthday. Please set your Illustration Age at least as great as your Nearest Age. If you leave the Illustration Age box blank, the tool automatically calculates longevity information from your Nearest Age. The Illustration Age will be rejected if it exceeds 99 or if the selection would cause Person 2 to be older than 99.

If you are already retired, or are considering retiring soon, you might choose to leave the Illustration Age box blank. However, if you expect to retire at a later date, or you are curious to know what your longevity might look like at some point in the future, you may enter a later age for the illustration to begin. In this case, the tool will assume you will survive to that later age.

For example, if your Nearest Age is 40 and you plan to retire at age 66, then entering age 66 as the age for the illustration to start will forecast results assuming you survive from now until age 66. The Longevity Illustrator allows you to experiment with different possibilities you might find interesting (if, for example, you are considering several different ages at which you might retire).

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Actuaries Longevity Illustrator - Enter Your Information

Recommendation and review posted by G. Smith