YEAR

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

RETURNS %
-5%
3%
28%
36%
-1%
40%
25%
4%
1%
25%
13%
21%
33%
22%
6%
8%
38%
34%
9%
-12%
36%
52%
28%
19%
-9%
26%
2%
8%
-16%
-3%

BEGINNING BALANCE INFLASI

1,000,000.00
1%
892,775.61
3%
853,289.92
3%
1,012,881.55
12%
1,291,021.29
-1%
1,212,593.41
2%
1,602,896.57
6%
1,914,341.71
6%
1,906,150.34
0%
1,845,840.68
0%
2,205,259.66
-3%
2,395,354.05
0%
2,803,482.82
3%
3,628,295.49
4%
4,315,974.78
5%
4,489,903.06
-5%
4,756,621.14
3%
6,416,298.07
7%
8,474,634.58
8%
9,089,323.38
-3%
7,943,498.23
-2%
10,640,836.45
0%
15,969,122.79
8%
20,273,987.12
-10%
23,990,954.54
-2%
21,657,161.43
-1%
27,201,020.24
3%
27,644,590.12
5%
29,695,802.08
1%
24,829,455.19
3%

WITHDRAWAL
60,000.00
61,800.00
63,654.00
65,563.62
67,530.53
69,556.44
71,643.14
73,792.43
76,006.20
78,286.39
80,634.98
83,054.03
85,545.65
88,112.02
90,755.38
93,478.04
96,282.39
99,170.86
102,145.98
105,210.36
108,366.67
111,617.67
114,966.20
118,415.19
121,967.65
125,626.68
129,395.48
133,277.34
137,275.66
141,393.93

ENDING BALANCE
892,775.61
853,289.92
1,012,881.55
1,291,021.29
1,212,593.41
1,602,896.57
1,914,341.71
1,906,150.34
1,845,840.68
2,205,259.66
2,395,354.05
2,803,482.82
3,628,295.49
4,315,974.78
4,489,903.06
4,756,621.14
6,416,298.07
8,474,634.58
9,089,323.38
7,943,498.23
10,640,836.45
15,969,122.79
20,273,987.12
23,990,954.54
21,657,161.43
27,201,020.24
27,644,590.12
29,695,802.08
24,829,455.19
23,935,342.96

1
883,125.84
948,401.51
1,178,453.72
1,156,148.21
1,454,282.33
1,632,780.15
1,949,774.02
2,487,156.70
2,231,080.17
2,836,487.37
3,076,630.04
4,252,662.53
5,405,384.40
5,388,463.96
6,388,455.47
6,047,762.37
4,755,027.94
5,118,501.84
5,734,761.27
5,904,264.21
6,765,521.00
7,820,183.25
10,455,893.97
11,199,008.64
12,844,135.29
13,432,581.01
14,150,969.71
20,034,095.74
18,328,230.79
21,287,051.77

2
1,287,980.21
1,458,084.18
1,548,488.84
1,501,402.46
1,561,657.12
1,324,281.52
1,705,297.67
1,562,799.24
1,654,627.34
1,514,234.97
1,542,670.05
1,861,533.23
2,098,990.90
1,746,055.79
1,419,021.35
1,310,574.23
1,404,980.64
1,386,427.21
1,590,936.77
1,772,429.27
2,542,109.89
2,329,266.21
2,775,643.26
3,439,623.78
3,000,400.21
2,213,071.92
2,194,751.34
2,409,542.79
2,658,907.83
3,696,823.44

3
898,849.90
1,080,483.98
1,125,289.24
944,956.51
925,427.27
921,895.93
1,079,137.07
1,000,487.26
1,091,660.27
1,180,695.57
1,194,513.48
1,216,587.00
1,338,637.50
1,536,833.05
1,663,834.13
1,901,764.15
2,281,616.73
2,774,664.02
3,457,355.81
3,423,480.51
3,419,484.08
2,789,522.35
3,129,417.91
3,566,674.23
4,476,850.20
4,706,537.96
5,270,373.86
6,132,466.47
6,755,017.85
8,863,490.27

25000000

20000000

15000000

10000000

5000000

Ending Balance 1
Ending Balance 2
Ending Balance 3
Ending Balance 4

Year
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

Return (%) Beginning

10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%

balance
Withdrawal
Ending balance
1,000,000
60,000.00
1,034,000.00
1,034,000
61,800.00
1,069,420.00
1,069,420
63,654.00
1,106,342.60
1,106,343
65,563.62
1,144,856.88
1,144,857
67,530.53
1,185,058.98
1,185,059
69,556.44
1,227,052.79
1,227,053
71,643.14
1,270,950.62
1,270,951
73,792.43
1,316,874.01
1,316,874
76,006.20
1,364,954.58
1,364,955
78,286.39
1,415,335.01
1,415,335
80,634.98
1,468,170.03
1,468,170
83,054.03
1,523,627.60
1,523,628
85,545.65
1,581,890.14
1,581,890
88,112.02
1,643,155.93
1,643,156
90,755.38
1,707,640.60
1,707,641
93,478.04
1,775,578.81
1,775,579
96,282.39
1,847,226.07
1,847,226
99,170.86
1,922,860.73
1,922,861 102,145.98
2,002,786.22
2,002,786 105,210.36
2,087,333.45
2,087,333 108,366.67
2,176,863.45
2,176,863 111,617.67
2,271,770.35
2,271,770 114,966.20
2,372,484.56
2,372,485 118,415.19
2,479,476.31
2,479,476 121,967.65
2,593,259.53
2,593,260 125,626.68
2,714,396.14
2,714,396 129,395.48
2,843,500.73
2,843,501 133,277.34
2,981,245.73
2,981,246 137,275.66
3,128,367.08
3,128,367 141,393.93
3,285,670.46

Year
1
2
3
4
5
6
7
8
9
10

Year

Return (%) Beginning balance

Withdrawal
Ending balance
-20%
1,000,000
60,000.00
752,000.00
-10%
752,000
61,800.00
621,180.00
9%
621,180
63,654.00
607,703.34
8%
607,703
65,563.62
585,510.90
12%
585,511
67,530.53
580,138.01
-10%
580,138
69,556.44
459,523.41
-2%
459,523
71,643.14
380,122.67
25%
380,123
73,792.43
382,912.80
27%
382,913
76,006.20
389,771.37
61%
389,771
78,286.39
501,490.82

Return (%) Beginning

1
-20%
2
-10%
3
9%
4
8%
5
12%
6
-10%
7
-2%
8
25%
9
27%
10
61%

balance
Withdrawal
1,000,000
800,000
720,000
784,800
847,584
949,294
854,365
837,277
1,046,597
1,329,178

Ending balance
800,000.00
720,000.00
784,800.00
847,584.00
949,294.08
854,364.67
837,277.38
1,046,596.72
1,329,177.84
2,139,976.32

Year
1
2
3
4
5
6
7
8
9
10

Year

Return (%) Beginning

61%
27%
25%
-2%
-10%
12%
8%
9%
-10%
-20%

Return (%) Beginning

1
61%
2
27%
3
25%
4
-2%
5
-10%
6
12%
7
8%
8
9%
9
-10%
10
-20%

balance
Withdrawal
Ending balance
1,000,000
60,000.00
1,513,400.00
1,513,400
61,800.00
1,843,532.00
1,843,532
63,654.00
2,224,847.50
2,224,848
65,563.62
2,116,098.20
2,116,098
67,530.53
1,843,710.91
1,843,711
69,556.44
1,987,053.00
1,987,053
71,643.14
2,068,642.65
2,068,643
73,792.43
2,174,386.74
2,174,387
76,006.20
1,888,542.48
1,888,542
78,286.39
1,448,204.87

balance
Withdrawal
1,000,000
1,610,000
2,044,700
2,555,875
2,504,758
2,254,282
2,524,796
2,726,779
2,972,189
2,674,970

Ending balance
1,610,000.00
2,044,700.00
2,555,875.00
2,504,757.50
2,254,281.75
2,524,795.56
2,726,779.20
2,972,189.33
2,674,970.40
2,139,976.32