Possible Defect: Sensitivity Analysis with Life Expectancy
Posted: Mon Mar 24, 2014 8:45 am
Hello,
When using this great tool I ran into an issue running a sensitivity analysis using life expectancy as a parameter. I did not see anything on the website so decided to report this possible defect. Hopefully this is not a known issue already. I'm using version 4.01.02.
I found that a run of sensitivity analysis would "exit" without producing any results when there is an additional input cash flow entry with a start year > the life expectancy "min" AND an end year of "end of plan" (EOP).
The report works as expected with start year <= min and end year = EOP
The report also works with start year > min and end year some specific age, e.g. 100.
To duplicate, create an additional inputs cash flow that starts at age 71 and ends at end of plan, then run sensitivity analysis with Param 1 = Annual Retirement Spending, and Param 2 = Life Expectancy Min=70 Max=120
Dave
When using this great tool I ran into an issue running a sensitivity analysis using life expectancy as a parameter. I did not see anything on the website so decided to report this possible defect. Hopefully this is not a known issue already. I'm using version 4.01.02.
I found that a run of sensitivity analysis would "exit" without producing any results when there is an additional input cash flow entry with a start year > the life expectancy "min" AND an end year of "end of plan" (EOP).
The report works as expected with start year <= min and end year = EOP
The report also works with start year > min and end year some specific age, e.g. 100.
To duplicate, create an additional inputs cash flow that starts at age 71 and ends at end of plan, then run sensitivity analysis with Param 1 = Annual Retirement Spending, and Param 2 = Life Expectancy Min=70 Max=120
Dave