AA_Wealth: Future Wealth

Description Usage Arguments Value Examples

Description

Calculates the wealth for which there is only a p chance of doing worse than over t years given a mean of r and a standard deviation of sd. Assumes a lognormal distribution. Specify inputs in percentage formats (e.g. 8 0.08).

Usage

1
AA_Wealth(p, r, sd, t, amt = 1)

Arguments

p

Probability of doing worse than result

r

Mean return

sd

Standard deviation of returns

t

Period in years

amt

Iniitial investment. Default = 1

Value

value Future wealth

Examples

1
AA_Wealth(.5,8,12,10)

rexmacey/AAUtilities documentation built on May 27, 2019, 5:55 a.m.