Search found 15 matches

by GDK
Sun Jan 05, 2020 8:27 pm
Forum: Simulation mechanics, assumptions, and inputs
Topic: Monte Carlo implementation in FRP
Replies: 2
Views: 155

Re: Monte Carlo implementation in FRP

Got it, thanks Jim!
by GDK
Sun Jan 05, 2020 5:48 pm
Forum: Simulation mechanics, assumptions, and inputs
Topic: Monte Carlo implementation in FRP
Replies: 2
Views: 155

Monte Carlo implementation in FRP

Hi Jim, I believe the documentation says that FRP performs 10,000 realizations. I think I've read in this forum that a new realization is drawn for each FRP plan year. Does that therefore mean that FRP performs 10,000 realizations for each plan year, and a 30 year FRP plan would therefore be the pro...
by GDK
Sun Nov 24, 2019 11:34 pm
Forum: FRP standalone application
Topic: Support for Windows 10s?
Replies: 0
Views: 242

Support for Windows 10s?

Microsoft Surface books have great features, but part of their Windows 10s strategy requires that they only run Microsoft or Microsoft-approved applications. Any chance that you will get FRP approved by Microsoft so that we can run it on Surface Windows 10s platforms? FRP is a great tool and I hope ...
by GDK
Thu Jun 29, 2017 10:10 pm
Forum: Simulation mechanics, assumptions, and inputs
Topic: Pathological realizations among Monte Carlo results?
Replies: 2
Views: 2097

Pathological realizations among Monte Carlo results?

Wondering if highly unlikely Monte Carlo realizations are identified and excluded from the probability of success calculation -- or if they don't occur. My expectation from Monte Carlo is that I might see an occasional multiple sigma rate of return, and maybe that would be a + or - 25% or 30% return...
by GDK
Tue Jun 13, 2017 9:21 pm
Forum: Simulation mechanics, assumptions, and inputs
Topic: Have FRP results been compared to other tools?
Replies: 1
Views: 2205

Have FRP results been compared to other tools?

FRP is far and away one of the best tools I've seen. I'm sure that folks have done careful comparisons between FRP and other tools (MoneyPro? Others?) using the same inputs. What were the results? Were differences explainable? Were there certain aspects of the tools where comparisons typically did n...
by GDK
Tue Jun 13, 2017 9:15 pm
Forum: General questions and comments
Topic: What's the right number for inflation and inflation standard deviation?
Replies: 2
Views: 2208

What's the right number for inflation and inflation standard deviation?

If ever there was a question for which nobody has an answer, this is probably it. But inflation is either enemy #1 or close to it for retirement planning from what I can tell. I use an average and standard deviation of consumer price index numbers back to the early 1990s -- 2.7% average and 1.1% sta...
by GDK
Tue Jun 13, 2017 8:57 pm
Forum: General questions and comments
Topic: Social Security consideration
Replies: 2
Views: 1645

Re: Social Security consideration

Thank you for the response FRPJunkie! Folks are probably wondering why I'm behaving cynically about whether or not the USG really provides a COLA that consistently helps to alleviate the degradation of their SS benefit. The reason is that, as most folks are keenly aware, SS is one of the few pension...
by GDK
Mon Jun 12, 2017 11:23 pm
Forum: General questions and comments
Topic: Social Security consideration
Replies: 2
Views: 1645

Social Security consideration

I would expect it to do the flexible retirement planner considers Social Security income and increases it with a cost-of-living an allowance. The flexible retirement planner increases the social security benefit both before it is actually taken and after. At least this is what I think I see in the d...