Inventors:
Raymond John Gianantoni - Springfield MA, US
International Classification:
G06Q 40/06
Abstract:
According to one embodiment, withdrawal parameters associated with a financial product are obtained via a user interface. The withdrawal parameters include a withdrawal period, an investment amount, a beginning year and a desired end balance. Historical rates of return associated with a plurality of asset classes for the withdrawal period are obtained. An optimal withdrawal amount for the beginning year is calculated based at least in part upon the withdrawal parameters and the historical rates of return, wherein the optimal withdrawal amount is withdrawn from an asset class having the highest rate of return in the beginning year. Optimal withdrawal amounts for subsequent years of the withdrawal period are calculated based at least in part upon the optimal withdrawal amount for the beginning year, wherein the optimal withdrawal amount for each subsequent year is withdrawn from an asset class having the highest rate of return in said subsequent year.