If I model it based on 4% of initial value, adjusted annually for inflation at 3%, then there is an 8% ‘chance’ of running out of money before the 40 years are up, and the spread of possible final portfolio values is enormous: something like minus 150k to plus 2.5 million! Of co...
All input data (G(Y), G(K), G(L)) and calculated results (G(K/L), G(TIF), G(TFP), i, e, k, l) are summarized in percentage form in Table 2 for Germany and in Table 3 for the Czech Republic. Table 2. Values of dynamic intensity and extensity parameters and dynamic ...