This option is in the www.401k.com site. I think you need to have a retirement account with Fido to use it. They say they use 250 market simulations and it is better than using yearly averages. For me at the 90% level it only allowed about a 2% SWR and it still was not that generous at 50%, about 4% SWR. I used an aggressive portfolio of 85% equities. I copied this explanantion of their website:
While considerations of risk may be made at the 50% level, you should also have an understanding of how your plan supports your goals prior to and during retirement if markets do not go your way. For this, we also present your plan under the "Poor" market assumption at the 90% confidence level. Under this scenario, markets perform significantly lower than historical averages. This means that in 90% of the historical market scenarios run, an asset allocation similar to yours performed at least as well as the results shown. It is important to know if your plan can support the levels of income you indicated if an extended downturn in the markets occurs. If not, then you may still decide to make investment decisions based on averages, but maintain the option, if possible, to reduce your expenditure forecasts to have the necessary income for the duration of your retirement.
I have never seen scenarios so pessimistic. The annual results had my portfolio dropping almost every year for decades, with just a few years of gain. Anyone else have experience with this?
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