Overview
Retirement planning involves figuring out how much money to save in order to be able to fund a pre-specified amount of yearly income in retirement. It is a complicated problem because of the randomness involved. That is, the years of life during retirement is unknown, as well as the returns on money earned during both the savings years and retirement years.
Video Demos
Video Demo
First Steps
The first step is to calculate a safe portfolio size using some simple assumptions.