Description Usage Arguments Value Author(s) Examples
Function to simulate pension outcomes
1 2 3 4 5 6 7 8 9 10 11 12 13 14 | pencalc(age=list(age.entry=25
,age.exit=60),
wage=list(wage=25000
,growth.rate=0.08
,contribution.rate=0.2
,initial.amount=0),
inflation=list(mean.sd.inflation=c(0.04,0)
,real=FALSE),
inv.weights=list("lc"),
returns=list(returns=data.frame(mean=c(0.07, 0.10, 0.16),
sd=c(0, 0, 0.25)),
fees=c(monthly.fees.expenses=0.01,100)),
annuity=list(proportion.annuitised=0.40,
price=4087))
|
age |
List of two elements :
|
wage |
List of four elements:
|
inflation |
List of two elements:
|
inv.weights |
List of one element. There are two choices:
|
returns |
List of two elements:
|
annuity |
List of two elements:
|
Mean and standard deviation of pension, terminal price and replacement rate
Renuka Sane, Arjun Gupta
1 2 3 4 5 6 7 8 9 10 11 12 13 14 | pencalc(age=list(age.entry=25
,age.exit=60),
wage=list(wage=25000
,growth.rate=0.08
,contribution.rate=0.2
,initial.amount=0),
inflation=list(mean.sd.inflation=c(0.04,0)
,real=FALSE),
inv.weights=list("lc"),
returns=list(returns=data.frame(mean=c(0.07, 0.10, 0.16),
sd=c(0, 0, 0.25)),
fees=c(monthly.fees.expenses=0.01,100)),
annuity=list(proportion.annuitised=0.40,
price=4087))
|
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