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I began putting together a spreadsheet to compare the features of different common retirement planners and simulators. It's in its early stages, and I think it would benefit from input from forum users. I want it to compare features of each of the following retirement planners & calculators...

I think that you are right. I think most MC simulators run "random walk" simulations (i.e., each randomly generated return is independent of all previous randomly generated returns), not "mean-reverting" simulations. Over the long term, markets tend to revert. And that's one of the benefits...

Good point. Thanks. I'm also not factoring in the surrender value, if, for example, you found out you had a terminal condition and you wanted to cash out. It has a value, but I frankly have no idea how to put a PV number on that. BTW, Mom's in the 15% bracket. I think ~5% state income taxes too.

Yes, you're right. It does include a death benefit = total purchase payments compounded at 3% annually. I didn't include the PV of the death benefit in the calculations above. So here's the PV (again using 3% real as the discount rate) of the death benefit, by my calculations: If inflation =...

Some time ago, there was a thread here about longevity annuities -- annuities that only start to pay out if and when you reach an old age, such as 85. Does anyone offer an inflation-adjusted longevity annuity? I contacted MetLife to inquire about their longevity annuities, but I was not...

There are a lot of MC simulators that model variable, portfolio-performance-based, withdrawal strategies. What I think most people would do -- and indeed, what it looks like people on this forum are doing -- is periodically re-simulate and re-project the retirement expenditures their portfolio...

Try another program I suggest you test the projected success rate of your portfolio using some other free retirement calculators, and see what results you get. For example, Jim Richmond's Flexible Retirement Planner or my TIP$TER retirement calculator. I'm curious how the results would...