The output from the planner shows that my median percent expenses funded stayed between 90% and 130%, yet I set the minimum for percent to spend to 75%. Why doesn the minimum go down to 75%?
The report and graph shows the median value of the percent of expenses funded. This means you can’t see the handful of really bad trials where the simulation cut spending by 75% and still ran out of money. The likelihood that the median value will show 75% is related to the plan’s probability of success. Plans with a very low probability of success are more likely to show the median spending percent actually hitting the floor. Also, for more detailed data than just a range, make sure you click the Detailed View tab and look at the year-by-year data (that’s the same data that gets graphed).
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