Merton Lifecycle Optimization Dashboard
Risk Aversion (Gamma γ):
2.0
Discount Factor (Rho ρ):
0.040
Volatility (Sigma σ):
0.20
Core Optimization Parameters
Optimal Equity Weight (
π
*
)
-
Initial Spending Draw (
c
0
/
X
0
)
-
Geometric Growth Multiplier
-
Stochastic Path Run Count
150 Paths
Portfolio Wealth Trajectories (Log)
Terminal Wealth Distribution ($X_T$)
Propensity Velocity (1/f(t))
Consumption Spending Rate (Log)
Lifetime Spending Distribution (PV)