donheff
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
This guy has joined with his MD/scientist son to do some SWR research using medical algorithms that pull out people who die early from the stats to more accurately reflect portfolio survival rate. Kind of interesting but not, in and of itself, actionable. He also reports some related conclusions that are somewhat interesting including that "by about age 83, nearly everyone who is going to go bankrupt has, while portfolio ruin has just begun. Thus, the probability that a retiree filed bankruptcy due to sequence of returns risk is quite small – retirees go broke for several reasons, but sequence of returns risk doesn't appear to be a major contributor." I suspect that part of the reason for that is decreased spending in the 80+ years. If the savings are gone old folks just rely on SS and Medicaid to sorta survive and see no advantage to bankruptcy.