A system, method and program product for analyzing long term risk. A system is disclosed that includes a risk system for analyzing long-term risks, including: a risk knowledgebase that includes risk information associated with at least one domain; a risk model builder that builds a representation of a risk model based on inputs from a user interface and the risk knowledgebase, wherein the risk model includes risk factor nodes, risk event nodes and impact nodes; and a risk simulation engine that processes the representation and computes predicted outcomes.