(FAQ archive): Bernstein's "Retirement Calculator from Hell" articles
Maybe this will be found more easily if it's broken out from the Bernstein FAQ.
The success rates of retirement calculators:
The Retirement Calculator From Hell - Part I
The Retirement Calculator From Hell - Part II
The Retirement Calculator from Hell, Part III, including the quote "Thus, any estimate of long-term financial success greater than about 80% is meaningless."
Retirement Calculator from Hell, Part IV
The Retirement Calculator from Hell, Part V
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
|