Question:
I'm struggling to interpret the results. On one hand it looks like we our plan is in good shape. But why is our probability of success so low?
Answer:
It is possible to have a situation in the simulation where bad investment returns cause shortfalls before you dispose of an asset such as the personal residence.
If you assume disposition slightly earlier, then these funds will be available as a source of retirement income.
In real life, if you became broke and owning a home debt-free, you would sell to access your equity.
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