This model represents an elaboration of the Savings Account model to investigate the implications associated with intending to save money for retirement so an amount may be withdrawn monthly for living expenses.

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Investigation into the nature of a retirement savings account.

Development of a model to understand why we don't all get rich from investment accounts.

• Modified to account for interest additions.
• Modified to add monthly deposits, increase interest, and for a longer period.
• Added Income & Expenses
• Added Withdrawal & Penalty flows

This model represents an elaboration of the Savings Account model to investigate the implications associated with intending to save money for retirement so an amount may be withdrawn monthly for living expenses.

@LinkedIn, Twitter, YouTube