App 16n: Moments & conditional survival (Gompertz–Makeham)
Remaining lifetime y (years)
Scenario 1 (orange)
5
Scenario 2 (green)
5
Pension starting age x
Age x
65
Accidental death rate λ
Scenario 1 (orange)
0.0000
Scenario 2 (green)
0.0030
Modal age m
Scenario 1 (orange)
82.3
Scenario 2 (green)
80.9
Dispersion b
Scenario 1 (orange)
11.4
Scenario 2 (green)
14.5
Compute
Scenario 1 density
Scenario 2 density
Scenario
Expected remaining lifetime (years)
Median remaining lifetime (years)
Conditional probability of surviving another y years
Scenario 1
—
—
—
Scenario 2
—
—
—
Waiting…