This is parts of chapter 7 who those who prefer code or spreadsheets over the analytical solutions and graphs given in the book.
https://gist.github.com/tadeoos/2835c22 ... cde14a5efb
ERE math (chapter 7)
Re: ERE math (chapter 7)
What I'm hoping to see at some point is an actuary knowledgeable in life insurance mathematics take a crack at the topic.
Obviously you can derive the amount of time worked for any number of accumulated expenses (1/withdrawal ratio) from the starting capital, interest rate and savings rate -- see below -- but that doesn't factor into account mortality and the desired ruin probability / probability of exhausting the stash before death.

Obviously you can derive the amount of time worked for any number of accumulated expenses (1/withdrawal ratio) from the starting capital, interest rate and savings rate -- see below -- but that doesn't factor into account mortality and the desired ruin probability / probability of exhausting the stash before death.

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Re: ERE math (chapter 7)
See https://engaging-data.com/will-money-last-retire-early/xmj wrote: ↑Fri Jan 27, 2023 3:18 amObviously you can derive the amount of time worked for any number of accumulated expenses (1/withdrawal ratio) from the starting capital, interest rate and savings rate -- see below -- but that doesn't factor into account mortality and the desired ruin probability / probability of exhausting the stash before death.
Re: ERE math (chapter 7)
This is a great find, thanks Jacob, I think I'm going to rewrite this into an Org file for my own reference; it should solidify my understanding better.