Articles & Whitepapers

Plan Plus Articles and Whitepapers

Combining Stochastic Simulations and Actuarial Withdrawals into One Model

This paper explored a method that combined actuarial approaches for calculating withdrawals in retirement with Monte Carlo simulations. The model recalculated withdrawals for each scenario within each simulation, with a new simulation beginning for each year based on individual capital remaining and adjusted time horizons using mortality tables.

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Ron Wilkinson - Portland, Oregon, USA
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