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Topic starter May 6, 2025 1:22 pm
The addition of ability for user to set a simple growth adjustment factor would be beneficial to the actuarial method.
User could set growth to increase or decrease yearly amortized spending amount in order to, for instance,
- You want to spend a little more toward the beginning of retirement when you are healthy to enjoy it, thereby taking out less when you are old.
- You want to take out a little less at the beginning of retirement in order to ensure you'll have a bit more toward end of life when expenses increase.
- The "natural" actuarial withdrawal shape in Pralana doesn't quite match your preference, and you want to flatten it.
Here's a spreadsheet to show what I'm talking about.
Simple tweak to the discount rate make the actuarial spending routine more powerful.