A Compendium of my "Wealth Depletion Time" Posts

I've been through a longish journey this year on the math and simulation of the lifecycle economics idea related to the "expected discounted utility of lifetime consumption" [in the presence of the potential for a period of time where wealth is depleted before the end of a (random) lifetime and where spending would then "snap" to available income].  The journey is not over since I will be successfully getting my software back from the Geeksquad after a 6 week wait for a recovered hard drive...and I have some ideas for next analysis.  In the mean time, let me summarize what I have so far.  I'm surprised by how the ending is not so different from what I hypothesized at the beginning. I'll attribute the whole effort to a reading of some work by Prof. Milevsky who emphasized both the importance and subtleties related to understanding the concept. I'm more or less glad I went down the path.  The effort has helped me "see" retirement finance in a way that I consider either comprehensive or integrative or both.  That was one of my goals for years.

The beginning

• Wealth Depletion Time - an Hypothesis and a Self-Challenge 3/24/18

The (current) end

• Wealth Depletion Time Simulator - an update and summary, 6/29/18

Interim posts

• Wealth Depletion Time - Adding again to my pile with Leung '94 3/31/18
• Wealth Depletion Time - Selected Excerpts 4/3/18
• Is this an easy "Wealth Depletion Time" analysis method by proxy? 4/3/18
• Wealth Depletion Time - Commentary 4/4/18
• Coming soon -- The Wealth Depletion Time Game? 4/4/18
• A trial run of a WDT game prototype 4/6/18
• Buying some extra "certainty equivalent constant" spending given a wealth depletion framework. 4/8/18
• Dividend investing meets Wealth Depletion Time and...nothing 4/9/18
• Optimizing Spend Rates in a simple WDT model 4/10/18
• Supplement to "optimizing spend rates in a WDT model" 4/11/18
• Sliver of hope for dividends?? 4/12/18
• 3D "utility surface" in a Wealth Depletion Time model: spend rates vs annuity 4/13/18
• 3D utility surface in WDT model: return vs spend rate 4/17/18
• Putting it all together: a wealth depletion time "utility simulator" 5/3/18
• The Wealth Depletion Time EDULC Simulator is live! 5/27/18
• Another way to look at the wealth depletion concept using two spend rules and charting real consumption, 5/29/18
• Snap-to-income scenarios can come from below not just above, 5/30/18
• What if advisors were paid based on RULC? A thought experiment 7/9/18