FAQ: How to Model Different Withdrawal Rates?
The platform is spending driven, not withdrawal rate driven (Spending being one of the major drivers of a retirement plan). You’ll need to use the AI Strategies for retirement spending. Rank based on Lifetime Spending to see which level of spending leads to a lower estate value. But it’s important to highlight that drawing down assets to $0 by the end of the plan usually means a 50% or lower success rate because half the time a below average sequence of returns will cause you to run out of money earlier.
You can see a more in-depth conversation on this in our 2024 spending webinar linked below: