The Lifetime Ruin Probability is the probability that a retiree will deplete his/her retirement account under a fixed dollar spending strategy.
Current Age
45
50
55
60
65
Other Pension Income ($)
0
Delay Period (Years)
0
5
10
15
20
Expected Return (%)
8
Current Wealth ($)
100000
Standard Deviation (%)
25
Annual Spending ($)
1000
2000
3000
4000
5000
6000
7000
8000
9000
10000
Gender
Female
Inflation Assumption (%)
0
Health Status
Excellent