App 14n: Fair conversion rate (real) from Gompertz–Makeham
Annuitant age
Age (years)
65
Rates
Interest rate r
3.00%
Inflation i
1.00%
Mortality (Gompertz–Makeham)
Accidental λ
0.0000
Modal age m
82.3
Dispersion b
11.4
Compute
Survival probability
Fair conversion rate (real):
—
Annuity factor (real):
—
Waiting…