1,000 simulations are run for this analysis. The percentiles represent the rank order of terminal wealth values for these simulations. In other words, the 90th percentile means that 90% of the values were below the given number, the 50th percentile means that half of the values were above and half were below the given value, and the 10th percentile means that 90% of the values were greater than the given number.
How Are Different Percentiles of Terminal Wealth Calculated
Have more questions? Submit a request