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supannuities
| Variable | Question text | Label |
|---|---|---|
| san001_randomizer | randomizer annuity market decrease | randomizer annuity market decrease |
| san002 | Suppose that you own an annuity that promises to pay $^FL_amount each year for the rest of your life.
Suppose that the stock market decreases by ^san001_randomizer next year. We are now interested in the percent chance that during this next year the annuity becomes worthless due to no fault of your own. This means that the annuity permanently stops making payments. This might occur if the insurance company goes out of business, they claim you violated a clause in the contract, or they ruled the policy void for some other reason. What is the percent chance this occurs? | probability annuity worthless |
| san003 | We would now like to focus on what might happen just during the next calendar year.
You have been given 20 balls to put in the following bins. Each bin describes a scenario that involves the annuity payment that you are supposed to get next year. The more likely you think a bin is, the more balls you should put in that bin. If the stock market decreases by ^san001_randomizer next year, what do you think will happen to the annuity payment? | annuity decrease probability distribution |
| san004 | You put ^sup_ann_balls[2] ball(s) in the bin marked "I will receive a payment less than I am supposed to receive." Please provide more detail on what you believe is likely to happen in this event by distributing those balls in the following bins. The more likely you think a bin is, the more balls you should put in that bin.
If the stock market decreases by ^san001_randomizer next year and you do receive a payment that is less than you are supposed to receive, how much do you think you would get? | less expected distribution supplemental annuity |
| sup_ann_balls |