Longevity Insurance


How can one account for longevity insurance in ESP? If say I am 65 and want to take $125K (the max) and buy a policy to begin an annuity at say 80 years of age, how do I enter this? Thanks


dan royer's picture

You could enter the purchase as a special expenditure and the stream of receipts as special receipts. You'll just have to pay attention to nominal vs today's dollars as you enter the amounts.