Wealth & Lifetime Allocation Engine
Checking WebGPU…
Adapter: pending
Paths: no run yet
Timing: —
Open Settings and press “Simulate” to run the engine.
Ready.
Calibrated skew-t model · ν = 5 · 386 observations · 1994-07-31 → 2026-08-31
Certainty Equivalent
$4,158/mo
The steady monthly income you would view as equally desirable to this strategy's fluctuating market outcomes, given your risk aversion (γ = 4.0).
Spends 100% of max sustainable to leave a median estate of $508,308.
Median Spending
$5,821/mo
In half of all simulated market lifecycles, your monthly net spending after housing is at or above this level.
Downside Crash Floor
$3,342/mo
In 90% of market simulations you spend at least this much; only the worst 10% of prolonged bear markets fall below.
Home Purchase Milestone
Age 33.6
Median age when target down payment is accumulated. Initial mortgage is $1,911/mo (fully paid off by 55).
Risk & Estate Preferences
Risk Aversion (γ — CRRA Utility)
4.0 (Conservative)
Drawdown Aversion (λ — Ulcer Index)
0.000 (Neutral)
Penalizes strategies that suffer long, deep drawdowns.
Bequest Intensity (θ — Estate Utility)
0.50 (Balanced)
0 = no bequest: spend the max sustainable w* and die with ~$0. Any θ > 0 spends less to fund an estate — the higher θ, the less you spend and the bigger the estate.
Bequest Curvature (k — Luxury Threshold)
$200,000
Luxury threshold: small bequests give little satisfaction until they clear this amount. Below it, you'd rather spend the money. Clamped to a $10k floor whenever θ is > 0.
HOUSE_VEQT → VEQT → VEQT+CASH → VEQT
Net monthly lifestyle spending across simulated market cycles
Hover curve to inspect percentiles
| Rank | Housing Strategy | Accumulation (25–55) | Early Bridge (55–65) | Post-65 | Median Buy Age | P90 Buy Age | Average Mortgage | Certainty Equivalent | Median | Ulcer Index | P10 | P90 |
|---|