IRA Required Minimum Withdrawals
I suspect you have addressed this question more than once but I have failed to find the answer.
The model results show constant withdrawals from IRA accounts but, if I understand correctly, the required minimum withdrawals increase with age and would eventually (within the life expectancy assumption) exceed the constant amounts. Is this in fact the case?
If the model is underestimating the required withdrawals, isn't the projection getting off the track? Actual income will be higher, taxes higher, retirement accounts lower and (if the distributions are saved rather than spent) other assets accounts higher?