Inflation

Inflation-Adjusted Retirement Planning

Model Development

Model
Development

Symbolic notation is used throughout the model development, so it would be wise to review the meanings of the symbols before perusing the modeling.

Symbolic notations

A time-tested, finite mathematical series, well-known in college-level engineering economics courses as the geometric gradient series, is used as the base for model development. Two variations of this series are used to calculate the inflation-adjusted savings relations, and the inflation-adjusted retirement income relations. Other useful interest formulas and equations are also presented

Pre-retirement
planning model

Post-retirement
planning model

Other useful
equations & formulas

A complete example of each variation on a theme is provided. These examples also allow you to substitute in your own data to personalize your own solution(s).

Example solutions