Gotadimple
Thinks s/he gets paid by the post
- Joined
- Feb 17, 2007
- Messages
- 2,627
Wade Pfau recently wrote a blog post about how the size of one's portfolio makes a difference in success rates. He is also the editor of the Journal of Personal Finance. In his blog post of October 9, he announces that the latest issue of the Journal is now available Wade Pfau's Retirement Researcher Blog
He focuses on two articles, but I was interested in the first by Gordon Irlam which proposes the use of a dynamic model to determine portfolio allocation and withdrawals. Unfortunately, you have to read online, but the article is available for download for a price (I didn't check the cost)
Here's a link to the article ISSUU - Journal of Personal Finance Vol 13 Issue 2 by IARFC
And a link to the free website tool used in the article https://www.aacalc.com/
The tool is similar to Firecalc or IORP. Those used to Firecal or ORP will want to check the advanced button to get more precision in the outcome.
I'm still digesting the article. I'd be interested in your comments on the paper and the tool.
Rita
He focuses on two articles, but I was interested in the first by Gordon Irlam which proposes the use of a dynamic model to determine portfolio allocation and withdrawals. Unfortunately, you have to read online, but the article is available for download for a price (I didn't check the cost)
Here's a link to the article ISSUU - Journal of Personal Finance Vol 13 Issue 2 by IARFC
And a link to the free website tool used in the article https://www.aacalc.com/
The tool is similar to Firecalc or IORP. Those used to Firecal or ORP will want to check the advanced button to get more precision in the outcome.
I'm still digesting the article. I'd be interested in your comments on the paper and the tool.
Rita