It’s based on giving 10% of your salary annually versus 10% of your net worth at death, assuming average distribution of ages, income levels, normal investing habits, but I don’t have any more granular detail, happy for anybody who knows more than I do to flesh it out or pick at !
It’s based on giving 10% of your salary annually versus 10% of your net worth at death, assuming average distribution of ages, income levels, normal investing habits, but I don’t have any more granular detail, happy for anybody who knows more than I do to flesh it out or pick at !
What population are you sampling from? The entire world? No? Where is the data from?
What does “normal investing habits” mean?
Are you simulating investment outcomes or taking data from actual estates as a proxy for net worth at death?
Can you give numbers or code?