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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST
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To: TobagoJack who wrote (63367)11/30/2000 8:30:09 AM
From: flatsville  Read Replies (1) of 99985
 
Jay-

This is a very ambitious project. So ambitious that someone should pay you or when completed try to sell it.

The problem I have with your study are these parameters:

(a) construction income & expense statement of everymen 1990 (one earning $50k and one earning $100k) and balance sheet,

(b) assuming that no one wants to retire on a lesser income than they were then currently getting, inflation adjusted

c) constructing income/expense and balance sheet for everymen 2000 (one earning $100k and one earning $200k), inflation adjust 1990 retirement pot amount

I think you will find that neither the $50,000 (1990) nor the $100,000 (1990 or 2000) everyman will be able to retire...ever...if the assumption is that they will need/require an income equal to what they were earning in the year preceeding retirement.

Many financial advisors suggest you plan to have yearly retirement income equal to 75-85% of pre-retirement earnings. I think most people in the above income categories will fail to meet that less than 100% target in the future.

Also I think you need to consider what age are these people in your study, life expectancy/annuitization of pay-out, and a whole host of other issues.

Like I said, this is very ambitious and will take more than a few days to do it and do it right. It will take a few days just to think of how to model the study IMHO.
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