Planning for retirement can be a stressful time in many lives when determining a sufficient amount of money to set aside for later spending. Longevity insurance provide an individual with a sense of security knowing they will have a constant stream of income throughout retirement. Our team has worked to further investigate the benefits of longevity insurance through analysis on the risk of ruin for retirement accounts and through mortality rates to determine the best pricing for this product.

• This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.

Creator

• Graham, Ethan
• Quackenbos, Angela

Publisher

• Worcester Polytechnic Institute

Identifier

• E-project-042722-155825
• 64476

Advisor

• Posterro, Barry John
• Abraham, Jon P.

Year

• 2022

Date created

• 2022-04-27

Resource type

• Major Qualifying Project

Major

• Actuarial Mathematics

Rights statement

• In Copyright