find_max_withdrawal: Find Maximum Withdrawal

In eanway/finance: Personal Finance and Investment Tools

Description

Withdraws the maximum of required minimum distributions (RMDs) or a constant withdrawal amount then grows the account by a constant growth rate.

Usage

find_max_withdrawal(
  rmds,
  account_balance = 1,
  constant_withdrawal = 0,
  growth_rate = 1.03
)

Arguments

rmds	A vector of required minimum distributions (between 0 and 100)
account_balance	The starting account balance
constant_withdrawal	A constant amount to withdraw each year
growth_rate	An annual growth rate for the account balance

Examples

find_max_withdrawal(20:10)

eanway/finance documentation built on Feb. 28, 2021, 4:56 p.m.