This chapter is not yet drafted.
It will include:
1. The inflation-adjusted lifetime SPIA
2. Uncertainties of return-rate means and sttandard deviations, esp. means. Advice to try it with lowered means.
3. Considering adjustments in the cash flow plan and goals. For this we want to offer best plan-specific graphs. We haven’t decided what graphs to show, but here’s an example of the idea:
The red curve shows goals-meeting probability for various time horizons, from the first year it drops below 100% out to 10 years beyond the end of the entered plan. The green curves show what the red curve would be if the annual retirement budget were higher or lower. Budget amounts of the curves are shown in the box at graph’s upper right, top number for top curve down to bottom number for bottom curve.
4. Universal-guideline graphs of the kinds Wade Pfau and Joe Tomlinson are pioneering. This website is basically about investor-specific analyses, but it should show or point to the best in universal-guideline graphs too!