Initial attempt and results do not make sense. I used a withdrawal of just $3000 and default portfolio of $750k and 30 yrs. All other TABS are default.
Here is part of the report:
"The lowest and highest portfolio balance throughout your retirement was $750,000 to $6,812,401, with an average of $3,511,908. (Note: values are in terms of the dollars as of the beginning of the retirement period for each cycle.)"
The note says that values are BEGINNING values, but I don't care about beginning values, ending values are what matters, aren't they?? Also, the lowest portfolio balance is indeed the same as the beginning value, but the highest balance number matches the highest ENDING value on the accompanying chart. So, is the average value stated really right? Is it average of the starting values or average of the ending values? Is there something I have done wrong?
Here is part of the report:
"The lowest and highest portfolio balance throughout your retirement was $750,000 to $6,812,401, with an average of $3,511,908. (Note: values are in terms of the dollars as of the beginning of the retirement period for each cycle.)"
The note says that values are BEGINNING values, but I don't care about beginning values, ending values are what matters, aren't they?? Also, the lowest portfolio balance is indeed the same as the beginning value, but the highest balance number matches the highest ENDING value on the accompanying chart. So, is the average value stated really right? Is it average of the starting values or average of the ending values? Is there something I have done wrong?