No. of Recommendations: 16
Sixty eight years?! Who's math challenged now?

1965 to 2012 = 47

What a riot.

It is a riot. Because here's why the 68 year number was used. Someone came up with the parameters to be used for the backtest:

~ Monthly contributions to IUL and S&P from January 1965 (age 20) (age 20) to January 2013

~ Monthly withdrawal of $5,000* from both from February 2013 (age 68) to December 2033 (age 88)

The person who come up with the parameters was...uh, you. You specifically asked for 68 years of information. Now you can't figure why people are using 68 years. Completely baffled. Makes absolutely no sense to you why someone would do something that crazy.

But it gets better. In a moment of exasperation you said:

One can't pick your market conditions/history. You were born when you were born. Just go with the 1960-2013 period and be done with it.


Okay fair enough. Let's use that period, just like you suggested. But then later you say:

the calculation we seek can't be done on the "back of the envelope." The calculation is a fairly sophisticated Monte Carlo simulation.

Wait! At first you wanted to use specific period (Geez!). But after you got it, you think using a specific period sucks and you want to use a Monte Carlo simulation.

I can see why you would be a successful mortgage broker/insurance salesman. Because the BS just never ends. Anytime someone has a reasonable question/comment it is met with a giant sh*tspray of nonsense and people get worn out trying to work through the BS.
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