Abstract: A financial instrument, and associated systems and methods, provide direct financial incentives to individual investors to maintain and improve their health. The financial product has a base rate of return which is based on the investor's well-being category or other characteristics. The base rate of return is retrospectively adjusted at the end of the time period based on changes in the investor's well-being category, with improvements in well-being category typically resulting in an increased rate of return. A number of integrated analytic and predictive models are used to determine investor morbidity risk, the well-being categories, investor migration between categories, the investor payouts, and the portfolio allocation for investments underlying the financial instrument.