App 11: Real yearly savings required to reach minimum desired (real) yearly pension with probability p
Required yearly savings (real) —

Minimum desired yearly pension (real)

1,200

Time horizon (years to retirement)

35

Probability to reach minimum desired yearly pension (real)

80.00%

Expected (real) return

3.00%

Volatility of expected (real) return

8.00%

Conversion rate

5.00%
Waiting…
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