*exactly*include the family and friends and otherwise supportive others that surround me here in FL[2]:

[This is from section 2 (The Probability of Lifetime Ruin. pages 2-5) of Ruined Moments in Your Life: How Good Are the Approximations? by H. Huang, M. Milevsky and J. Wang York University1, Toronto, Canada 1 October 2003]

I had read this piece a few months back when I was trying to understand ruin and the Kolmogorov equation. I have to say that then and now most of this goes over my head. On the other hand I will also say that now, having done it in practice in real life, it seems like it is actually quite a bit easier to do than the formal notation might imply. I mean it took about an hour or two and one (one!) page of code to do what theorem/proof three above seems to imply. And now that I've done that project, the calculus is a little easier to read and the aside about g

_{w}(∞) makes perfect sense -- where before I would have no idea what he was talking about -- because that is precisely one of the things I did to make it work.

Now...if anyone wants to license my code, I'll warm up my ABA number for you.

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[1] I'm calling it joint because I am multiplying two probabilities and summing the product over a range so it seems like the right thing to say. If there is a better way to describe this formally let me know; reread my first sentence.

[2] feel free to email me if you

*are*interested. I'm just winging down here in la la land. I need a little help here and there and now and then with the large body of subject matter where I often find myself flying blind.

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