Geld ist Freiheit
Recycles dryer sheets
- Joined
- Oct 28, 2015
- Messages
- 91
Found this on Reddit:
Will Your Money Last If You Retire Early? Visualizing Longevity Risk - Engaging Data
From what I’ve read so far, it crunches the numbers in a similar fashion but includes likelihood of death in the mix.
From the website:
Probabilities based on historical cycles
The graph shows the likelihood of your balance being at different levels during each year of your retirement (and compares it to the probability of dying during this time). Red indicates failure (i.e. you’ve run out of money) and green indicates success (i.e. you haven’t run out of money). The probabilities are calculated based upon looking at stock, bond and cash returns from historical cycles between 1871 and 2016.
Will Your Money Last If You Retire Early? Visualizing Longevity Risk - Engaging Data
From what I’ve read so far, it crunches the numbers in a similar fashion but includes likelihood of death in the mix.
From the website:
Probabilities based on historical cycles
The graph shows the likelihood of your balance being at different levels during each year of your retirement (and compares it to the probability of dying during this time). Red indicates failure (i.e. you’ve run out of money) and green indicates success (i.e. you haven’t run out of money). The probabilities are calculated based upon looking at stock, bond and cash returns from historical cycles between 1871 and 2016.