App 11: Real yearly savings required to reach minimum desired (real) yearly pension with probability p
Required yearly savings (real)
503.06
Minimum desired yearly pension (real)
Time horizon (years to retirement)
Probability to reach minimum desired yearly pension (real)
Volatility of expected (real) return
| Future value of savings (real): | 16,477 | 18,693 | 20,800 | 25,284 | 26,781 |
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| Lifelong pension (real): | 824 | 935 | 1,040 | 1,264 | 1,339 |
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| Future value of savings (real): | 26,829 | 36,156 | 40,515 | 53,261 | 60,945 |
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| Lifelong pension (real): | 1,341 | 1,808 | 2,026 | 2,663 | 3,047 |
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