Thank you for the kind words. Glad that TPAW Planner is having an impact.Ben is probably too humble to toot his own horn, but he and his brother have built probably the best retirement calculator on the web, based on lifecycle financeThanks Ben.
Have you looked at the EarlyRetirementNow SWR toolbox? I totally get that a binary SWR approach is over-simplistic, but Karsten's done both Monte Carlo and historical analysis to come up with his models. I'm not a math expert and can't get under the hood of his models to evaluate their strengths/weaknesses, but Karsten has skin-in-the-game (uses the models for himself) and everything is open source.
He also has a dynamic withdrawal rate model that uses a modified CAPE ratio approach. I'm pretty convinced that Karsten's approach is sound, I'm just trying to understand the finer points of his model in relation to asset allocation.
Thanks!
Tpawplanner.com
There’s a wiki
https://www.bogleheads.org/wiki/Total_p ... withdrawal
And a long running thread
viewtopic.php?t=331368
And of course the book he referenced will dig you deeper into the concepts
https://www.amazon.com/Missing-Billiona ... 1119747910
And once you “see it” you kinda can’t unsee it. All the other methods (SWR, etc.) feel profoundly lacking in comparison
Statistics: Posted by Ben Mathew — Sat Sep 14, 2024 2:23 am — Replies 10 — Views 1301