Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. An actuarial life table is a table or spreadsheet that shows the probability of a person at ...

Tables are given for the asymptotic distribution function of the extremal quotient, which is valid for a wide class of initial distributions. Selected values of the shape parameter λ are considered.

The biggest concern for many Canadians heading into retirement is whether they’ll outlive their savings. No one can say for certain how long they’ll live, but longevity risk assessments are reducing ...