Abstract: A method for creating a program for pooling of longevity risks among investors comprising in any order the following steps, all or part of the steps being performed by, or with the aid of, a computer: creating pools of investors by grouping together investors who select the same investment maturity date; establishing periodic valuation dates for the investors' accounts; investing investors' funds in the investment portfolios, which the investors selected from the investment portfolio choices made available to them under the program; determining the value of the investors' accounts on the valuation date according to a predetermined formula; and, distributing their account value to the investors who, as of said valuation date, have met the requirements of a predetermined maturity date rule.

Abstract: The present invention is a computerized system and method for calculating an optimum allocation for exchanged traded funds (ETFs) that include risk structured exchanged traded funds (ETFs) and distribution structured exchanged traded funds (ETFs). The system includes one or more input devices to input ETF data, one or more output devices to output processed ETF data, a processor for processing ETT data, a memory for storing ETF data on a storage medium and software to work in combination with the input devices, the output devices, the processor and the memory for receiving, processing and storing computer program steps for program control and manipulation of the ETF data in the system. There is also a computerized software method for calculating an optimum allocation of investments for risk structured exchanged traded funds ETFs as well as a separate computerized software method for calculating an optimum allocation of investments for distribution structured ETFs.

Abstract: A computer-implemented longevity benefit plan provides that a processor of a computer can determine longevity benefit payouts at respective benefit payment dates that participants of the plan can obtain by use of funds accumulated on behalf of the participants. The accumulated funds are based, in part, from contributions by employers who are sponsors of the plan and where the participants are employed by the employers, or by participants who are members of non-profit organizations which are sponsors of the plan. Based on the amount of funds accumulated as of a predetermined date, such as upon the participant's retirement or attaining a certain age, longevity insurance policies available for purchase for the benefit of the participant having desired longevity benefit payouts payable at respective benefit payment dates can be determined.