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PLANNING TOOL FOR DETERMINING A FUTURE COST OF RETIREMENT
PLANNING TOOL FOR DETERMINING A FUTURE COST OF RETIREMENT
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机译:确定退休的未来成本的计划工具
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摘要
A future cost of retirement planning tool conveniently translates lump-sum investment amounts into a future lifetime annual income amount. This future lifetime annual income amount is predicted as a function of retirement date, future pre-retirement saving rate, retirement income goal, and investment portfolio composition. The planning tool also provides probability distributions (or other measurements of variability) of the predicted future lifetime annual income amount based on the foregoing factors. This information is presented to a user in a convenient graphical interface.
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