Which brings up that part of a study should be an exploration of how the results depend on the inputs. That can be more informative in itself than producing any particular prediction of outcome.What I showed was how to do a Monte Carlo simulation of the VPW amortization. I did several different simulations using different assumptions in that post as well as subsequent posts. If you disagree with an assumption, you can always do a Monte Carlo simulation with your own preferred assumptions. The point is Monte Carlo is a tool to explore the range of outcomes of a withdrawal strategy. VPW and SWR are both withdrawal strategies and you can explore them both using Monte Carlo simulations.
That simulation has been thoroughly debunked in this post and the ensuing discussion:
Statistics: Posted by dbr — Tue Dec 31, 2024 11:19 am