October 2012
Beginner
180 pages
3h 35m
English
book
Plan Your Prosperity: The Only Retirement Guide You'll Ever Need, Starting Now--Whether You're 22, 52 or 82
by Ken Fisher Brown, Lara Hoffmans
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Let’s Get Bootstrapping
Your goal with a Monte Carlo bootstrap is producing probabilities based on a set of assumptions—starting portfolio value, cash flow levels and time horizon. To give you a general idea, the following scenarios (Tables 6.1 through 6.4) show the impact of differing inflation-adjusted cash flows on a hypothetical $1 million portfolio.
Table 6.1 Scenario 1—$100,000 from $1 Million (10%)
Source: Global Financial Data, Inc., as of 01/06/2012, Thomson Reuters, S&P 500 Total Return Index,1 US 10-Year Government Bond Index, Consumer Price Index from 12/31/1925 to 12/31/2011.
Table 6.2 Scenario 2—$70,000 from $1 Million (7%)
Source: Global Financial Data, Inc., as of 01/06/2012, Thomson Reuters, S&P 500 Total Return Index,2 US 10-Year Government Bond Index, Consumer Price Index from 12/31/1925 to 12/31/2011.
Table 6.3 Scenario 3—$50,000 from $1 Million (5%)
Source: Global Financial Data, Inc., as of 01/06/2012, Thomson Reuters, S&P 500 Total Return Index,3 US 10-Year Government Bond Index, Consumer Price Index from 12/31/1925 to 12/31/2011.
Table 6.4 Scenario 4—$30,000 from $1 Million (3%)
Source: Global Financial Data, Inc., as of 01/06/2012, Thomson Reuters, S&P 500 ...
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