Part 2 – Explaining the Difficulty of Using Probability of Success to Apply to Your Spending

Waaayyyy back in the day, when I worked for a large discount brokerage that shall remain unnamed, but was headquartered in Boston, and still shall remain unnamed, management introduced a groundbreaking new software called the Retirement Income Planner. The irony that our new offering for those transitioning to retirement was called R.I.P. was not lost…