id	sid	tid	token	lemma	pos
fsr-3243	1	1	the	the	DET
fsr-3243	1	2	perfect	perfect	ADJ
fsr-3243	1	3	withdrawal	withdrawal	NOUN
fsr-3243	1	4	amount	amount	NOUN
fsr-3243	1	5	:	:	PUNCT
fsr-3243	1	6	a	a	DET
fsr-3243	1	7	methodology	methodology	NOUN
fsr-3243	1	8	for	for	ADP
fsr-3243	1	9	creating	create	VERB
fsr-3243	1	10	retirement	retirement	NOUN
fsr-3243	1	11	account	account	NOUN
fsr-3243	1	12	distribution	distribution	NOUN
fsr-3243	1	13	strategies	strategy	NOUN
fsr-3243	1	14	e.	e.	PROPN
fsr-3243	1	15	dante	dante	PROPN
fsr-3243	1	16	suareza	suareza	PROPN
fsr-3243	1	17	,	,	PUNCT
fsr-3243	1	18	*	*	PROPN
fsr-3243	1	19	,	,	PUNCT
fsr-3243	1	20	antonio	antonio	PROPN
fsr-3243	1	21	suarezb	suarezb	PROPN
fsr-3243	1	22	,	,	PUNCT
fsr-3243	1	23	daniel	daniel	PROPN
fsr-3243	1	24	t.	t.	PROPN
fsr-3243	1	25	walzc	walzc	PROPN
fsr-3243	1	26	atrinity	atrinity	PROPN
fsr-3243	1	27	university	university	PROPN
fsr-3243	1	28	,	,	PUNCT
fsr-3243	1	29	department	department	NOUN
fsr-3243	1	30	of	of	ADP
fsr-3243	1	31	finance	finance	NOUN
fsr-3243	1	32	and	and	CCONJ
fsr-3243	1	33	decision	decision	NOUN
fsr-3243	1	34	sciences	science	NOUN
fsr-3243	1	35	,	,	PUNCT
fsr-3243	1	36	san	san	PROPN
fsr-3243	1	37	antonio	antonio	PROPN
fsr-3243	1	38	,	,	PUNCT
fsr-3243	1	39	tx	tx	PROPN
fsr-3243	1	40	78212	78212	NUM
fsr-3243	1	41	,	,	PUNCT
fsr-3243	1	42	usa	usa	PROPN
fsr-3243	1	43	bindependent	bindependent	PROPN
fsr-3243	1	44	financial	financial	PROPN
fsr-3243	1	45	advisor	advisor	PROPN
fsr-3243	1	46	,	,	PUNCT
fsr-3243	1	47	monterrey	monterrey	PROPN
fsr-3243	1	48	,	,	PUNCT
fsr-3243	1	49	mexico	mexico	PROPN
fsr-3243	1	50	ctrinity	ctrinity	PROPN
fsr-3243	1	51	university	university	PROPN
fsr-3243	1	52	,	,	PUNCT
fsr-3243	1	53	department	department	NOUN
fsr-3243	1	54	of	of	ADP
fsr-3243	1	55	finance	finance	NOUN
fsr-3243	1	56	and	and	CCONJ
fsr-3243	1	57	decision	decision	NOUN
fsr-3243	1	58	sciences	science	NOUN
fsr-3243	1	59	,	,	PUNCT
fsr-3243	1	60	san	san	PROPN
fsr-3243	1	61	antonio	antonio	PROPN
fsr-3243	1	62	,	,	PUNCT
fsr-3243	1	63	tx	tx	PROPN
fsr-3243	1	64	78212	78212	NUM
fsr-3243	1	65	,	,	PUNCT
fsr-3243	1	66	usa	usa	PROPN
fsr-3243	1	67	abstract	abstract	NOUN
fsr-3243	1	68	we	we	PRON
fsr-3243	1	69	present	present	VERB
fsr-3243	1	70	a	a	DET
fsr-3243	1	71	new	new	ADJ
fsr-3243	1	72	way	way	NOUN
fsr-3243	1	73	to	to	PART
fsr-3243	1	74	develop	develop	VERB
fsr-3243	1	75	withdrawal	withdrawal	NOUN
fsr-3243	1	76	strategies	strategy	NOUN
fsr-3243	1	77	from	from	ADP
fsr-3243	1	78	retirement	retirement	NOUN
fsr-3243	1	79	portfolios	portfolio	NOUN
fsr-3243	1	80	.	.	PUNCT
fsr-3243	2	1	it	it	PRON
fsr-3243	2	2	is	be	AUX
fsr-3243	2	3	derived	derive	VERB
fsr-3243	2	4	analytically	analytically	ADV
fsr-3243	2	5	,	,	PUNCT
fsr-3243	2	6	instead	instead	ADV
fsr-3243	2	7	of	of	ADP
fsr-3243	2	8	from	from	ADP
fsr-3243	2	9	empirical	empirical	ADJ
fsr-3243	2	10	testing	testing	NOUN
fsr-3243	2	11	,	,	PUNCT
fsr-3243	2	12	and	and	CCONJ
fsr-3243	2	13	it	it	PRON
fsr-3243	2	14	iterates	iterate	VERB
fsr-3243	2	15	always	always	ADV
fsr-3243	2	16	in	in	ADP
fsr-3243	2	17	the	the	DET
fsr-3243	2	18	same	same	ADJ
fsr-3243	2	19	manner	manner	NOUN
fsr-3243	2	20	.	.	PUNCT
fsr-3243	3	1	it	it	PRON
fsr-3243	3	2	is	be	AUX
fsr-3243	3	3	based	base	VERB
fsr-3243	3	4	on	on	ADP
fsr-3243	3	5	a	a	DET
fsr-3243	3	6	new	new	ADJ
fsr-3243	3	7	measure	measure	NOUN
fsr-3243	3	8	we	we	PRON
fsr-3243	3	9	develop	develop	VERB
fsr-3243	3	10	,	,	PUNCT
fsr-3243	3	11	the	the	DET
fsr-3243	3	12	perfect	perfect	ADJ
fsr-3243	3	13	withdrawal	withdrawal	NOUN
fsr-3243	3	14	amount	amount	NOUN
fsr-3243	3	15	,	,	PUNCT
fsr-3243	3	16	for	for	ADP
fsr-3243	3	17	which	which	PRON
fsr-3243	3	18	we	we	PRON
fsr-3243	3	19	discuss	discuss	VERB
fsr-3243	3	20	how	how	SCONJ
fsr-3243	3	21	to	to	PART
fsr-3243	3	22	construct	construct	VERB
fsr-3243	3	23	a	a	DET
fsr-3243	3	24	probability	probability	NOUN
fsr-3243	3	25	distribution	distribution	NOUN
fsr-3243	3	26	and	and	CCONJ
fsr-3243	3	27	how	how	SCONJ
fsr-3243	3	28	to	to	PART
fsr-3243	3	29	apply	apply	VERB
fsr-3243	3	30	it	it	PRON
fsr-3243	3	31	sequentially	sequentially	ADV
fsr-3243	3	32	.	.	PUNCT
fsr-3243	4	1	we	we	PRON
fsr-3243	4	2	also	also	ADV
fsr-3243	4	3	derive	derive	VERB
fsr-3243	4	4	a	a	DET
fsr-3243	4	5	new	new	ADJ
fsr-3243	4	6	measure	measure	NOUN
fsr-3243	4	7	of	of	ADP
fsr-3243	4	8	sequencing	sequence	VERB
fsr-3243	4	9	risk	risk	NOUN
fsr-3243	4	10	.	.	PUNCT
fsr-3243	5	1	we	we	PRON
fsr-3243	5	2	present	present	VERB
fsr-3243	5	3	new	new	ADJ
fsr-3243	5	4	strategies	strategy	NOUN
fsr-3243	5	5	built	build	VERB
fsr-3243	5	6	with	with	ADP
fsr-3243	5	7	this	this	DET
fsr-3243	5	8	framework	framework	NOUN
fsr-3243	5	9	.	.	PUNCT
fsr-3243	6	1	©	©	PROPN
fsr-3243	6	2	2015	2015	NUM
fsr-3243	6	3	academy	academy	NOUN
fsr-3243	6	4	of	of	ADP
fsr-3243	6	5	financial	financial	ADJ
fsr-3243	6	6	services	service	NOUN
fsr-3243	6	7	.	.	PUNCT
fsr-3243	7	1	all	all	DET
fsr-3243	7	2	rights	right	NOUN
fsr-3243	7	3	reserved	reserve	VERB
fsr-3243	7	4	.	.	PUNCT
fsr-3243	8	1	jel	jel	PROPN
fsr-3243	8	2	classification	classification	NOUN
fsr-3243	8	3	:	:	PUNCT
fsr-3243	8	4	j26	j26	NOUN
fsr-3243	8	5	;	;	PUNCT
fsr-3243	8	6	d81	d81	PROPN
fsr-3243	8	7	;	;	PUNCT
fsr-3243	8	8	d14	d14	NOUN
fsr-3243	8	9	keywords	keyword	NOUN
fsr-3243	8	10	:	:	PUNCT
fsr-3243	8	11	retirement	retirement	NOUN
fsr-3243	8	12	;	;	PUNCT
fsr-3243	8	13	optimal	optimal	ADJ
fsr-3243	8	14	withdrawal	withdrawal	NOUN
fsr-3243	8	15	;	;	PUNCT
fsr-3243	8	16	safe	safe	ADJ
fsr-3243	8	17	withdrawal	withdrawal	NOUN
fsr-3243	8	18	rate	rate	NOUN
fsr-3243	8	19	;	;	PUNCT
fsr-3243	8	20	withdrawal	withdrawal	NOUN
fsr-3243	8	21	rule	rule	NOUN
fsr-3243	8	22	;	;	PUNCT
fsr-3243	8	23	sequencing	sequence	VERB
fsr-3243	8	24	risk	risk	NOUN
fsr-3243	8	25	1	1	NUM
fsr-3243	8	26	.	.	PUNCT
fsr-3243	9	1	introduction	introduction	NOUN
fsr-3243	9	2	the	the	DET
fsr-3243	9	3	question	question	NOUN
fsr-3243	9	4	of	of	ADP
fsr-3243	9	5	how	how	SCONJ
fsr-3243	9	6	much	much	ADJ
fsr-3243	9	7	to	to	PART
fsr-3243	9	8	withdraw	withdraw	VERB
fsr-3243	9	9	from	from	ADP
fsr-3243	9	10	a	a	DET
fsr-3243	9	11	savings	saving	NOUN
fsr-3243	9	12	account	account	NOUN
fsr-3243	9	13	once	once	ADV
fsr-3243	9	14	an	an	DET
fsr-3243	9	15	investor	investor	NOUN
fsr-3243	9	16	has	have	AUX
fsr-3243	9	17	entered	enter	VERB
fsr-3243	9	18	retirement	retirement	NOUN
fsr-3243	9	19	is	be	AUX
fsr-3243	9	20	now	now	ADV
fsr-3243	9	21	more	more	ADV
fsr-3243	9	22	relevant	relevant	ADJ
fsr-3243	9	23	than	than	ADP
fsr-3243	9	24	ever	ever	ADV
fsr-3243	9	25	,	,	PUNCT
fsr-3243	9	26	as	as	SCONJ
fsr-3243	9	27	current	current	ADJ
fsr-3243	9	28	demographic	demographic	ADJ
fsr-3243	9	29	trends	trend	NOUN
fsr-3243	9	30	make	make	VERB
fsr-3243	9	31	it	it	PRON
fsr-3243	9	32	a	a	DET
fsr-3243	9	33	matter	matter	NOUN
fsr-3243	9	34	of	of	ADP
fsr-3243	9	35	vital	vital	ADJ
fsr-3243	9	36	importance	importance	NOUN
fsr-3243	9	37	for	for	ADP
fsr-3243	9	38	a	a	DET
fsr-3243	9	39	growing	grow	VERB
fsr-3243	9	40	number	number	NOUN
fsr-3243	9	41	of	of	ADP
fsr-3243	9	42	people	people	NOUN
fsr-3243	9	43	every	every	DET
fsr-3243	9	44	year	year	NOUN
fsr-3243	9	45	.	.	PUNCT
fsr-3243	10	1	the	the	DET
fsr-3243	10	2	problem	problem	NOUN
fsr-3243	10	3	itself	itself	PRON
fsr-3243	10	4	arises	arise	VERB
fsr-3243	10	5	because	because	SCONJ
fsr-3243	10	6	retirees	retiree	NOUN
fsr-3243	10	7	generally	generally	ADV
fsr-3243	10	8	wish	wish	VERB
fsr-3243	10	9	to	to	PART
fsr-3243	10	10	use	use	VERB
fsr-3243	10	11	their	their	PRON
fsr-3243	10	12	retirement	retirement	NOUN
fsr-3243	10	13	funds	fund	NOUN
fsr-3243	10	14	to	to	PART
fsr-3243	10	15	support	support	VERB
fsr-3243	10	16	a	a	DET
fsr-3243	10	17	standard	standard	NOUN
fsr-3243	10	18	of	of	ADP
fsr-3243	10	19	living	living	NOUN
fsr-3243	10	20	that	that	PRON
fsr-3243	10	21	is	be	AUX
fsr-3243	10	22	as	as	ADV
fsr-3243	10	23	high	high	ADJ
fsr-3243	10	24	as	as	ADP
fsr-3243	10	25	possible	possible	ADJ
fsr-3243	10	26	,	,	PUNCT
fsr-3243	10	27	but	but	CCONJ
fsr-3243	10	28	without	without	ADP
fsr-3243	10	29	depleting	deplete	VERB
fsr-3243	10	30	their	their	PRON
fsr-3243	10	31	account	account	NOUN
fsr-3243	10	32	so	so	ADV
fsr-3243	10	33	quickly	quickly	ADV
fsr-3243	10	34	that	that	SCONJ
fsr-3243	10	35	the	the	DET
fsr-3243	10	36	years	year	NOUN
fsr-3243	10	37	still	still	ADV
fsr-3243	10	38	ahead	ahead	ADV
fsr-3243	10	39	become	become	VERB
fsr-3243	10	40	difficult	difficult	ADJ
fsr-3243	10	41	to	to	PART
fsr-3243	10	42	finance	finance	VERB
fsr-3243	10	43	—	—	PUNCT
fsr-3243	10	44	the	the	DET
fsr-3243	10	45	so	so	ADV
fsr-3243	10	46	-	-	PUNCT
fsr-3243	10	47	called	call	VERB
fsr-3243	10	48	failure	failure	NOUN
fsr-3243	10	49	risk	risk	NOUN
fsr-3243	10	50	.	.	PUNCT
fsr-3243	11	1	on	on	ADP
fsr-3243	11	2	the	the	DET
fsr-3243	11	3	other	other	ADJ
fsr-3243	11	4	hand	hand	NOUN
fsr-3243	11	5	,	,	PUNCT
fsr-3243	11	6	withdrawing	withdraw	VERB
fsr-3243	11	7	“	"	PUNCT
fsr-3243	11	8	too	too	ADV
fsr-3243	11	9	little	little	ADJ
fsr-3243	11	10	”	"	PUNCT
fsr-3243	11	11	money	money	NOUN
fsr-3243	11	12	might	might	AUX
fsr-3243	11	13	simply	simply	ADV
fsr-3243	11	14	translate	translate	VERB
fsr-3243	11	15	into	into	ADP
fsr-3243	11	16	excessively	excessively	ADV
fsr-3243	11	17	high	high	ADJ
fsr-3243	11	18	balances	balance	NOUN
fsr-3243	11	19	in	in	ADP
fsr-3243	11	20	their	their	PRON
fsr-3243	11	21	*	*	PUNCT
fsr-3243	11	22	corresponding	correspond	VERB
fsr-3243	11	23	author	author	NOUN
fsr-3243	11	24	.	.	PUNCT
fsr-3243	12	1	tel	tel	PROPN
fsr-3243	12	2	.	.	PUNCT
fsr-3243	12	3	:	:	PUNCT
fsr-3243	13	1	�	�	PROPN
fsr-3243	13	2	1	1	NUM
fsr-3243	13	3	-	-	SYM
fsr-3243	13	4	210	210	NUM
fsr-3243	13	5	-	-	PUNCT
fsr-3243	13	6	999	999	NUM
fsr-3243	13	7	-	-	SYM
fsr-3243	13	8	7860	7860	NUM
fsr-3243	13	9	;	;	PUNCT
fsr-3243	13	10	fax	fax	NOUN
fsr-3243	13	11	:	:	PUNCT
fsr-3243	13	12	�	�	PROPN
fsr-3243	13	13	1	1	NUM
fsr-3243	13	14	-	-	SYM
fsr-3243	13	15	210	210	NUM
fsr-3243	13	16	-	-	PUNCT
fsr-3243	13	17	999	999	NUM
fsr-3243	13	18	-	-	PUNCT
fsr-3243	13	19	8134	8134	NUM
fsr-3243	13	20	.	.	PUNCT
fsr-3243	14	1	e	e	X
fsr-3243	14	2	-	-	NOUN
fsr-3243	14	3	mail	mail	NOUN
fsr-3243	14	4	address	address	NOUN
fsr-3243	14	5	:	:	PUNCT
fsr-3243	14	6	esuarez@trinity.edu	esuarez@trinity.edu	PROPN
fsr-3243	14	7	(	(	PUNCT
fsr-3243	14	8	e.	e.	PROPN
fsr-3243	14	9	d.	d.	PROPN
fsr-3243	14	10	suarez	suarez	PROPN
fsr-3243	14	11	)	)	PUNCT
fsr-3243	14	12	financial	financial	ADJ
fsr-3243	14	13	services	service	NOUN
fsr-3243	14	14	review	review	VERB
fsr-3243	14	15	24	24	NUM
fsr-3243	14	16	(	(	PUNCT
fsr-3243	14	17	2015	2015	NUM
fsr-3243	14	18	)	)	PUNCT
fsr-3243	14	19	331–357	331–357	NUM
fsr-3243	14	20	1057	1057	NUM
fsr-3243	14	21	-	-	SYM
fsr-3243	14	22	0810/15/$	0810/15/$	NUM
fsr-3243	14	23	–	–	PUNCT
fsr-3243	14	24	see	see	VERB
fsr-3243	14	25	front	front	ADJ
fsr-3243	14	26	matter	matter	NOUN
fsr-3243	14	27	©	©	PROPN
fsr-3243	14	28	2015	2015	NUM
fsr-3243	14	29	academy	academy	NOUN
fsr-3243	14	30	of	of	ADP
fsr-3243	14	31	financial	financial	ADJ
fsr-3243	14	32	services	service	NOUN
fsr-3243	14	33	.	.	PUNCT
fsr-3243	15	1	all	all	DET
fsr-3243	15	2	rights	right	NOUN
fsr-3243	15	3	reserved	reserve	VERB
fsr-3243	15	4	.	.	PUNCT
fsr-3243	15	5	accounts	account	NOUN
fsr-3243	15	6	at	at	ADP
fsr-3243	15	7	the	the	DET
fsr-3243	15	8	end	end	NOUN
fsr-3243	15	9	of	of	ADP
fsr-3243	15	10	the	the	DET
fsr-3243	15	11	life	life	NOUN
fsr-3243	15	12	span	span	NOUN
fsr-3243	15	13	horizon	horizon	NOUN
fsr-3243	15	14	—	—	PUNCT
fsr-3243	15	15	the	the	DET
fsr-3243	15	16	so	so	ADV
fsr-3243	15	17	-	-	PUNCT
fsr-3243	15	18	called	call	VERB
fsr-3243	15	19	surplus	surplus	ADJ
fsr-3243	15	20	risk	risk	NOUN
fsr-3243	15	21	—	—	PUNCT
fsr-3243	15	22	and	and	CCONJ
fsr-3243	15	23	the	the	DET
fsr-3243	15	24	“	"	PUNCT
fsr-3243	15	25	golden	golden	ADJ
fsr-3243	15	26	years	year	NOUN
fsr-3243	15	27	”	"	PUNCT
fsr-3243	15	28	lifestyle	lifestyle	NOUN
fsr-3243	15	29	would	would	AUX
fsr-3243	15	30	have	have	AUX
fsr-3243	15	31	been	be	AUX
fsr-3243	15	32	restricted	restrict	VERB
fsr-3243	15	33	unnecessarily	unnecessarily	ADV
fsr-3243	15	34	.	.	PUNCT
fsr-3243	16	1	the	the	DET
fsr-3243	16	2	goal	goal	NOUN
fsr-3243	16	3	for	for	ADP
fsr-3243	16	4	the	the	DET
fsr-3243	16	5	researcher	researcher	NOUN
fsr-3243	16	6	is	be	AUX
fsr-3243	16	7	then	then	ADV
fsr-3243	16	8	to	to	PART
fsr-3243	16	9	develop	develop	VERB
fsr-3243	16	10	formulas	formula	NOUN
fsr-3243	16	11	or	or	CCONJ
fsr-3243	16	12	“	"	PUNCT
fsr-3243	16	13	rules	rule	NOUN
fsr-3243	16	14	”	"	PUNCT
fsr-3243	16	15	that	that	PRON
fsr-3243	16	16	dictate	dictate	VERB
fsr-3243	16	17	withdrawal	withdrawal	NOUN
fsr-3243	16	18	amounts	amount	NOUN
fsr-3243	16	19	in	in	ADP
fsr-3243	16	20	each	each	DET
fsr-3243	16	21	period	period	NOUN
fsr-3243	16	22	based	base	VERB
fsr-3243	16	23	on	on	ADP
fsr-3243	16	24	the	the	DET
fsr-3243	16	25	retiree	retiree	NOUN
fsr-3243	16	26	’s	’s	PART
fsr-3243	16	27	age	age	NOUN
fsr-3243	16	28	,	,	PUNCT
fsr-3243	16	29	the	the	DET
fsr-3243	16	30	assets	asset	NOUN
fsr-3243	16	31	held	hold	VERB
fsr-3243	16	32	in	in	ADP
fsr-3243	16	33	the	the	DET
fsr-3243	16	34	savings	saving	NOUN
fsr-3243	16	35	account	account	NOUN
fsr-3243	16	36	,	,	PUNCT
fsr-3243	16	37	and	and	CCONJ
fsr-3243	16	38	the	the	DET
fsr-3243	16	39	retiree	retiree	NOUN
fsr-3243	16	40	’s	’s	PART
fsr-3243	16	41	willingness	willingness	NOUN
fsr-3243	16	42	to	to	PART
fsr-3243	16	43	limit	limit	VERB
fsr-3243	16	44	consumption	consumption	NOUN
fsr-3243	16	45	in	in	ADP
fsr-3243	16	46	exchange	exchange	NOUN
fsr-3243	16	47	for	for	ADP
fsr-3243	16	48	future	future	ADJ
fsr-3243	16	49	safety	safety	NOUN
fsr-3243	16	50	.	.	PUNCT
fsr-3243	17	1	there	there	PRON
fsr-3243	17	2	are	be	VERB
fsr-3243	17	3	,	,	PUNCT
fsr-3243	17	4	of	of	ADP
fsr-3243	17	5	course	course	NOUN
fsr-3243	17	6	,	,	PUNCT
fsr-3243	17	7	other	other	ADJ
fsr-3243	17	8	factors	factor	NOUN
fsr-3243	17	9	that	that	PRON
fsr-3243	17	10	affect	affect	VERB
fsr-3243	17	11	the	the	DET
fsr-3243	17	12	optimality	optimality	NOUN
fsr-3243	17	13	of	of	ADP
fsr-3243	17	14	these	these	DET
fsr-3243	17	15	rules	rule	NOUN
fsr-3243	17	16	(	(	PUNCT
fsr-3243	17	17	inflation	inflation	NOUN
fsr-3243	17	18	,	,	PUNCT
fsr-3243	17	19	tax	tax	NOUN
fsr-3243	17	20	implications	implication	NOUN
fsr-3243	17	21	,	,	PUNCT
fsr-3243	17	22	covering	cover	VERB
fsr-3243	17	23	for	for	ADP
fsr-3243	17	24	emergency	emergency	NOUN
fsr-3243	17	25	withdrawals	withdrawal	NOUN
fsr-3243	17	26	,	,	PUNCT
fsr-3243	17	27	etc	etc	X
fsr-3243	17	28	.	.	X
fsr-3243	17	29	)	)	PUNCT
fsr-3243	17	30	,	,	PUNCT
fsr-3243	17	31	but	but	CCONJ
fsr-3243	17	32	the	the	DET
fsr-3243	17	33	three	three	NUM
fsr-3243	17	34	factors	factor	NOUN
fsr-3243	17	35	mentioned	mention	VERB
fsr-3243	17	36	usually	usually	ADV
fsr-3243	17	37	have	have	VERB
fsr-3243	17	38	the	the	DET
fsr-3243	17	39	largest	large	ADJ
fsr-3243	17	40	impact	impact	NOUN
fsr-3243	17	41	on	on	ADP
fsr-3243	17	42	any	any	DET
fsr-3243	17	43	recommendation	recommendation	NOUN
fsr-3243	17	44	.	.	PUNCT
fsr-3243	18	1	the	the	DET
fsr-3243	18	2	research	research	NOUN
fsr-3243	18	3	thus	thus	ADV
fsr-3243	18	4	far	far	ADV
fsr-3243	18	5	undertaken	undertake	VERB
fsr-3243	18	6	has	have	AUX
fsr-3243	18	7	produced	produce	VERB
fsr-3243	18	8	a	a	DET
fsr-3243	18	9	considerable	considerable	ADJ
fsr-3243	18	10	body	body	NOUN
fsr-3243	18	11	of	of	ADP
fsr-3243	18	12	knowledge	knowledge	NOUN
fsr-3243	18	13	.	.	PUNCT
fsr-3243	19	1	the	the	DET
fsr-3243	19	2	problem	problem	NOUN
fsr-3243	19	3	is	be	AUX
fsr-3243	19	4	well	well	ADV
fsr-3243	19	5	understood	understand	VERB
fsr-3243	19	6	,	,	PUNCT
fsr-3243	19	7	and	and	CCONJ
fsr-3243	19	8	many	many	ADJ
fsr-3243	19	9	of	of	ADP
fsr-3243	19	10	the	the	DET
fsr-3243	19	11	pitfalls	pitfall	NOUN
fsr-3243	19	12	of	of	ADP
fsr-3243	19	13	the	the	DET
fsr-3243	19	14	original	original	ADJ
fsr-3243	19	15	,	,	PUNCT
fsr-3243	19	16	simpler	simple	ADJ
fsr-3243	19	17	rules	rule	NOUN
fsr-3243	19	18	have	have	AUX
fsr-3243	19	19	been	be	AUX
fsr-3243	19	20	identified	identify	VERB
fsr-3243	19	21	and	and	CCONJ
fsr-3243	19	22	addressed	address	VERB
fsr-3243	19	23	.	.	PUNCT
fsr-3243	20	1	the	the	DET
fsr-3243	20	2	optimal	optimal	ADJ
fsr-3243	20	3	strategies	strategy	NOUN
fsr-3243	20	4	currently	currently	ADV
fsr-3243	20	5	available	available	ADJ
fsr-3243	20	6	are	be	AUX
fsr-3243	20	7	sophisticated	sophisticated	ADJ
fsr-3243	20	8	and	and	CCONJ
fsr-3243	20	9	address	address	VERB
fsr-3243	20	10	a	a	DET
fsr-3243	20	11	wide	wide	ADJ
fsr-3243	20	12	range	range	NOUN
fsr-3243	20	13	of	of	ADP
fsr-3243	20	14	different	different	ADJ
fsr-3243	20	15	situations	situation	NOUN
fsr-3243	20	16	and	and	CCONJ
fsr-3243	20	17	scenarios	scenario	NOUN
fsr-3243	20	18	.	.	PUNCT
fsr-3243	21	1	still	still	ADV
fsr-3243	21	2	,	,	PUNCT
fsr-3243	21	3	it	it	PRON
fsr-3243	21	4	is	be	AUX
fsr-3243	21	5	our	our	PRON
fsr-3243	21	6	opinion	opinion	NOUN
fsr-3243	21	7	that	that	SCONJ
fsr-3243	21	8	many	many	ADJ
fsr-3243	21	9	of	of	ADP
fsr-3243	21	10	these	these	DET
fsr-3243	21	11	results	result	NOUN
fsr-3243	21	12	are	be	AUX
fsr-3243	21	13	,	,	PUNCT
fsr-3243	21	14	in	in	ADP
fsr-3243	21	15	a	a	DET
fsr-3243	21	16	sense	sense	NOUN
fsr-3243	21	17	,	,	PUNCT
fsr-3243	21	18	heuristic	heuristic	ADJ
fsr-3243	21	19	.	.	PUNCT
fsr-3243	22	1	these	these	DET
fsr-3243	22	2	approaches	approach	NOUN
fsr-3243	22	3	typically	typically	ADV
fsr-3243	22	4	start	start	VERB
fsr-3243	22	5	with	with	ADP
fsr-3243	22	6	an	an	DET
fsr-3243	22	7	idea	idea	NOUN
fsr-3243	22	8	that	that	SCONJ
fsr-3243	22	9	“	"	PUNCT
fsr-3243	22	10	makes	make	VERB
fsr-3243	22	11	sense	sense	NOUN
fsr-3243	22	12	”	"	PUNCT
fsr-3243	22	13	intuitively	intuitively	ADV
fsr-3243	22	14	and	and	CCONJ
fsr-3243	22	15	then	then	ADV
fsr-3243	22	16	test	test	VERB
fsr-3243	22	17	it	it	PRON
fsr-3243	22	18	to	to	PART
fsr-3243	22	19	see	see	VERB
fsr-3243	22	20	if	if	SCONJ
fsr-3243	22	21	improvement	improvement	NOUN
fsr-3243	22	22	was	be	AUX
fsr-3243	22	23	indeed	indeed	ADV
fsr-3243	22	24	attained	attain	VERB
fsr-3243	22	25	.	.	PUNCT
fsr-3243	23	1	in	in	ADP
fsr-3243	23	2	contrast	contrast	NOUN
fsr-3243	23	3	,	,	PUNCT
fsr-3243	23	4	we	we	PRON
fsr-3243	23	5	have	have	AUX
fsr-3243	23	6	tried	try	VERB
fsr-3243	23	7	to	to	PART
fsr-3243	23	8	develop	develop	VERB
fsr-3243	23	9	an	an	DET
fsr-3243	23	10	entirely	entirely	ADV
fsr-3243	23	11	analytical	analytical	ADJ
fsr-3243	23	12	treatment	treatment	NOUN
fsr-3243	23	13	of	of	ADP
fsr-3243	23	14	the	the	DET
fsr-3243	23	15	problem	problem	NOUN
fsr-3243	23	16	,	,	PUNCT
fsr-3243	23	17	starting	start	VERB
fsr-3243	23	18	from	from	ADP
fsr-3243	23	19	the	the	DET
fsr-3243	23	20	functional	functional	ADJ
fsr-3243	23	21	relationship	relationship	NOUN
fsr-3243	23	22	between	between	ADP
fsr-3243	23	23	the	the	DET
fsr-3243	23	24	relevant	relevant	ADJ
fsr-3243	23	25	variables	variable	NOUN
fsr-3243	23	26	and	and	CCONJ
fsr-3243	23	27	building	build	VERB
fsr-3243	23	28	up	up	ADP
fsr-3243	23	29	from	from	ADP
fsr-3243	23	30	there	there	ADV
fsr-3243	23	31	before	before	ADP
fsr-3243	23	32	producing	produce	VERB
fsr-3243	23	33	any	any	DET
fsr-3243	23	34	rules	rule	NOUN
fsr-3243	23	35	or	or	CCONJ
fsr-3243	23	36	strategies	strategy	NOUN
fsr-3243	23	37	.	.	PUNCT
fsr-3243	24	1	a	a	DET
fsr-3243	24	2	central	central	ADJ
fsr-3243	24	3	concept	concept	NOUN
fsr-3243	24	4	in	in	ADP
fsr-3243	24	5	this	this	DET
fsr-3243	24	6	effort	effort	NOUN
fsr-3243	24	7	is	be	AUX
fsr-3243	24	8	a	a	DET
fsr-3243	24	9	new	new	ADJ
fsr-3243	24	10	measure	measure	NOUN
fsr-3243	24	11	that	that	PRON
fsr-3243	24	12	we	we	PRON
fsr-3243	24	13	have	have	AUX
fsr-3243	24	14	called	call	VERB
fsr-3243	24	15	the	the	DET
fsr-3243	24	16	perfect	perfect	ADJ
fsr-3243	24	17	withdrawal	withdrawal	NOUN
fsr-3243	24	18	amount	amount	NOUN
fsr-3243	24	19	(	(	PUNCT
fsr-3243	24	20	pwa	pwa	PROPN
fsr-3243	24	21	)	)	PUNCT
fsr-3243	24	22	.	.	PUNCT
fsr-3243	25	1	instead	instead	ADV
fsr-3243	25	2	of	of	ADP
fsr-3243	25	3	developing	develop	VERB
fsr-3243	25	4	a	a	DET
fsr-3243	25	5	particular	particular	ADJ
fsr-3243	25	6	rule	rule	NOUN
fsr-3243	25	7	for	for	ADP
fsr-3243	25	8	withdrawing	withdraw	VERB
fsr-3243	25	9	,	,	PUNCT
fsr-3243	25	10	we	we	PRON
fsr-3243	25	11	introduce	introduce	VERB
fsr-3243	25	12	a	a	DET
fsr-3243	25	13	fundamentally	fundamentally	ADV
fsr-3243	25	14	different	different	ADJ
fsr-3243	25	15	way	way	NOUN
fsr-3243	25	16	of	of	ADP
fsr-3243	25	17	addressing	address	VERB
fsr-3243	25	18	the	the	DET
fsr-3243	25	19	problem	problem	NOUN
fsr-3243	25	20	.	.	PUNCT
fsr-3243	26	1	2	2	X
fsr-3243	26	2	.	.	X
fsr-3243	26	3	previous	previous	ADJ
fsr-3243	26	4	research	research	NOUN
fsr-3243	26	5	the	the	DET
fsr-3243	26	6	origin	origin	NOUN
fsr-3243	26	7	of	of	ADP
fsr-3243	26	8	the	the	DET
fsr-3243	26	9	research	research	NOUN
fsr-3243	26	10	program	program	NOUN
fsr-3243	26	11	on	on	ADP
fsr-3243	26	12	optimal	optimal	ADJ
fsr-3243	26	13	withdrawals	withdrawal	NOUN
fsr-3243	26	14	in	in	ADP
fsr-3243	26	15	retirement	retirement	NOUN
fsr-3243	26	16	can	can	AUX
fsr-3243	26	17	be	be	AUX
fsr-3243	26	18	traced	trace	VERB
fsr-3243	26	19	back	back	ADV
fsr-3243	26	20	to	to	PART
fsr-3243	26	21	bengen	bengen	VERB
fsr-3243	26	22	’s	’s	PART
fsr-3243	26	23	(	(	PUNCT
fsr-3243	26	24	1994	1994	NUM
fsr-3243	26	25	)	)	PUNCT
fsr-3243	26	26	pioneering	pioneer	VERB
fsr-3243	26	27	article	article	NOUN
fsr-3243	26	28	,	,	PUNCT
fsr-3243	26	29	in	in	ADP
fsr-3243	26	30	which	which	PRON
fsr-3243	26	31	he	he	PRON
fsr-3243	26	32	presents	present	VERB
fsr-3243	26	33	the	the	DET
fsr-3243	26	34	basis	basis	NOUN
fsr-3243	26	35	for	for	ADP
fsr-3243	26	36	what	what	PRON
fsr-3243	26	37	would	would	AUX
fsr-3243	26	38	come	come	VERB
fsr-3243	26	39	to	to	PART
fsr-3243	26	40	be	be	AUX
fsr-3243	26	41	known	know	VERB
fsr-3243	26	42	as	as	ADP
fsr-3243	26	43	“	"	PUNCT
fsr-3243	26	44	the	the	DET
fsr-3243	26	45	4	4	NUM
fsr-3243	26	46	%	%	NOUN
fsr-3243	26	47	rule	rule	NOUN
fsr-3243	26	48	.	.	PUNCT
fsr-3243	26	49	”	"	PUNCT
fsr-3243	27	1	specifically	specifically	ADV
fsr-3243	27	2	,	,	PUNCT
fsr-3243	27	3	he	he	PRON
fsr-3243	27	4	demonstrates	demonstrate	VERB
fsr-3243	27	5	that	that	SCONJ
fsr-3243	27	6	a	a	DET
fsr-3243	27	7	4	4	NUM
fsr-3243	27	8	%	%	NOUN
fsr-3243	27	9	withdrawal	withdrawal	NOUN
fsr-3243	27	10	rate	rate	NOUN
fsr-3243	27	11	from	from	ADP
fsr-3243	27	12	a	a	DET
fsr-3243	27	13	retirement	retirement	NOUN
fsr-3243	27	14	fund	fund	NOUN
fsr-3243	27	15	,	,	PUNCT
fsr-3243	27	16	adjusted	adjust	VERB
fsr-3243	27	17	for	for	ADP
fsr-3243	27	18	inflation	inflation	NOUN
fsr-3243	27	19	,	,	PUNCT
fsr-3243	27	20	is	be	AUX
fsr-3243	27	21	generally	generally	ADV
fsr-3243	27	22	sustainable	sustainable	ADJ
fsr-3243	27	23	for	for	ADP
fsr-3243	27	24	normal	normal	ADJ
fsr-3243	27	25	retirement	retirement	NOUN
fsr-3243	27	26	periods	period	NOUN
fsr-3243	27	27	.	.	PUNCT
fsr-3243	28	1	a	a	DET
fsr-3243	28	2	series	series	NOUN
fsr-3243	28	3	of	of	ADP
fsr-3243	28	4	studies	study	NOUN
fsr-3243	28	5	by	by	ADP
fsr-3243	28	6	cooley	cooley	PROPN
fsr-3243	28	7	,	,	PUNCT
fsr-3243	28	8	hubbard	hubbard	PROPN
fsr-3243	28	9	,	,	PUNCT
fsr-3243	28	10	and	and	CCONJ
fsr-3243	28	11	walz	walz	PROPN
fsr-3243	28	12	(	(	PUNCT
fsr-3243	28	13	1998	1998	NUM
fsr-3243	28	14	,	,	PUNCT
fsr-3243	28	15	1999	1999	NUM
fsr-3243	28	16	,	,	PUNCT
fsr-3243	28	17	2003	2003	NUM
fsr-3243	28	18	,	,	PUNCT
fsr-3243	28	19	and	and	CCONJ
fsr-3243	28	20	2011	2011	NUM
fsr-3243	28	21	)	)	PUNCT
fsr-3243	28	22	then	then	ADV
fsr-3243	28	23	strengthened	strengthen	VERB
fsr-3243	28	24	this	this	DET
fsr-3243	28	25	conclusion	conclusion	NOUN
fsr-3243	28	26	,	,	PUNCT
fsr-3243	28	27	as	as	SCONJ
fsr-3243	28	28	they	they	PRON
fsr-3243	28	29	report	report	VERB
fsr-3243	28	30	similar	similar	ADJ
fsr-3243	28	31	findings	finding	NOUN
fsr-3243	28	32	using	use	VERB
fsr-3243	28	33	overlapping	overlap	VERB
fsr-3243	28	34	samples	sample	NOUN
fsr-3243	28	35	of	of	ADP
fsr-3243	28	36	historical	historical	ADJ
fsr-3243	28	37	stock	stock	NOUN
fsr-3243	28	38	and	and	CCONJ
fsr-3243	28	39	bond	bond	NOUN
fsr-3243	28	40	returns	return	NOUN
fsr-3243	28	41	.	.	PUNCT
fsr-3243	29	1	from	from	ADP
fsr-3243	29	2	a	a	DET
fsr-3243	29	3	methodological	methodological	ADJ
fsr-3243	29	4	standpoint	standpoint	NOUN
fsr-3243	29	5	,	,	PUNCT
fsr-3243	29	6	the	the	DET
fsr-3243	29	7	distinguishing	distinguish	VERB
fsr-3243	29	8	feature	feature	NOUN
fsr-3243	29	9	of	of	ADP
fsr-3243	29	10	these	these	DET
fsr-3243	29	11	“	"	PUNCT
fsr-3243	29	12	first	first	ADJ
fsr-3243	29	13	generation	generation	NOUN
fsr-3243	29	14	”	"	PUNCT
fsr-3243	29	15	articles	article	NOUN
fsr-3243	29	16	is	be	AUX
fsr-3243	29	17	that	that	SCONJ
fsr-3243	29	18	they	they	PRON
fsr-3243	29	19	rely	rely	VERB
fsr-3243	29	20	on	on	ADP
fsr-3243	29	21	a	a	DET
fsr-3243	29	22	constant	constant	ADJ
fsr-3243	29	23	withdrawal	withdrawal	NOUN
fsr-3243	29	24	amount	amount	NOUN
fsr-3243	29	25	,	,	PUNCT
fsr-3243	29	26	established	establish	VERB
fsr-3243	29	27	from	from	ADP
fsr-3243	29	28	the	the	DET
fsr-3243	29	29	outset	outset	NOUN
fsr-3243	29	30	,	,	PUNCT
fsr-3243	29	31	which	which	PRON
fsr-3243	29	32	is	be	AUX
fsr-3243	29	33	only	only	ADV
fsr-3243	29	34	adjusted	adjust	VERB
fsr-3243	29	35	to	to	PART
fsr-3243	29	36	replenish	replenish	VERB
fsr-3243	29	37	its	its	PRON
fsr-3243	29	38	purchasing	purchasing	NOUN
fsr-3243	29	39	power	power	NOUN
fsr-3243	29	40	.	.	PUNCT
fsr-3243	30	1	this	this	PRON
fsr-3243	30	2	has	have	AUX
fsr-3243	30	3	motivated	motivate	VERB
fsr-3243	30	4	attempts	attempt	NOUN
fsr-3243	30	5	to	to	PART
fsr-3243	30	6	develop	develop	VERB
fsr-3243	30	7	“	"	PUNCT
fsr-3243	30	8	adaptive	adaptive	ADJ
fsr-3243	30	9	”	"	PUNCT
fsr-3243	30	10	rules	rule	NOUN
fsr-3243	30	11	,	,	PUNCT
fsr-3243	30	12	aimed	aim	VERB
fsr-3243	30	13	at	at	ADP
fsr-3243	30	14	improving	improve	VERB
fsr-3243	30	15	the	the	DET
fsr-3243	30	16	results	result	NOUN
fsr-3243	30	17	by	by	ADP
fsr-3243	30	18	applying	apply	VERB
fsr-3243	30	19	midcourse	midcourse	NOUN
fsr-3243	30	20	corrections	correction	NOUN
fsr-3243	30	21	.	.	PUNCT
fsr-3243	31	1	guyton	guyton	PROPN
fsr-3243	31	2	and	and	CCONJ
fsr-3243	31	3	klinger	klinger	PROPN
fsr-3243	31	4	(	(	PUNCT
fsr-3243	31	5	2006	2006	NUM
fsr-3243	31	6	)	)	PUNCT
fsr-3243	31	7	develop	develop	VERB
fsr-3243	31	8	performance	performance	NOUN
fsr-3243	31	9	-	-	PUNCT
fsr-3243	31	10	based	base	VERB
fsr-3243	31	11	rules	rule	NOUN
fsr-3243	31	12	that	that	PRON
fsr-3243	31	13	decrease	decrease	VERB
fsr-3243	31	14	or	or	CCONJ
fsr-3243	31	15	even	even	ADV
fsr-3243	31	16	cancel	cancel	VERB
fsr-3243	31	17	the	the	DET
fsr-3243	31	18	inflationary	inflationary	ADJ
fsr-3243	31	19	adjustment	adjustment	NOUN
fsr-3243	31	20	when	when	SCONJ
fsr-3243	31	21	return	return	NOUN
fsr-3243	31	22	rates	rate	NOUN
fsr-3243	31	23	are	be	AUX
fsr-3243	31	24	too	too	ADV
fsr-3243	31	25	low	low	ADJ
fsr-3243	31	26	,	,	PUNCT
fsr-3243	31	27	and	and	CCONJ
fsr-3243	31	28	that	that	PRON
fsr-3243	31	29	modify	modify	VERB
fsr-3243	31	30	the	the	DET
fsr-3243	31	31	withdrawal	withdrawal	NOUN
fsr-3243	31	32	amount	amount	NOUN
fsr-3243	31	33	when	when	SCONJ
fsr-3243	31	34	the	the	DET
fsr-3243	31	35	implied	imply	VERB
fsr-3243	31	36	withdrawal	withdrawal	NOUN
fsr-3243	31	37	rate	rate	NOUN
fsr-3243	31	38	falls	fall	VERB
fsr-3243	31	39	outside	outside	ADP
fsr-3243	31	40	ranges	range	NOUN
fsr-3243	31	41	they	they	PRON
fsr-3243	31	42	prescribe	prescribe	VERB
fsr-3243	31	43	.	.	PUNCT
fsr-3243	32	1	frank	frank	PROPN
fsr-3243	32	2	,	,	PUNCT
fsr-3243	32	3	mitchell	mitchell	PROPN
fsr-3243	32	4	,	,	PUNCT
fsr-3243	32	5	and	and	CCONJ
fsr-3243	32	6	blanchett	blanchett	PROPN
fsr-3243	32	7	(	(	PUNCT
fsr-3243	32	8	2011	2011	NUM
fsr-3243	32	9	)	)	PUNCT
fsr-3243	32	10	use	use	VERB
fsr-3243	32	11	adjustment	adjustment	NOUN
fsr-3243	32	12	rules	rule	NOUN
fsr-3243	32	13	that	that	PRON
fsr-3243	32	14	depend	depend	VERB
fsr-3243	32	15	on	on	ADP
fsr-3243	32	16	how	how	SCONJ
fsr-3243	32	17	much	much	ADJ
fsr-3243	32	18	the	the	DET
fsr-3243	32	19	rate	rate	NOUN
fsr-3243	32	20	of	of	ADP
fsr-3243	32	21	return	return	NOUN
fsr-3243	32	22	deviates	deviate	VERB
fsr-3243	32	23	from	from	ADP
fsr-3243	32	24	the	the	DET
fsr-3243	32	25	historical	historical	ADJ
fsr-3243	32	26	averages	average	NOUN
fsr-3243	32	27	.	.	PUNCT
fsr-3243	33	1	zolt	zolt	PROPN
fsr-3243	33	2	(	(	PUNCT
fsr-3243	33	3	2013	2013	NUM
fsr-3243	33	4	)	)	PUNCT
fsr-3243	33	5	proposes	propose	VERB
fsr-3243	33	6	curtailing	curtail	VERB
fsr-3243	33	7	the	the	DET
fsr-3243	33	8	inflationary	inflationary	ADJ
fsr-3243	33	9	adjustment	adjustment	NOUN
fsr-3243	33	10	to	to	ADP
fsr-3243	33	11	the	the	DET
fsr-3243	33	12	withdrawal	withdrawal	NOUN
fsr-3243	33	13	amount	amount	NOUN
fsr-3243	33	14	to	to	PART
fsr-3243	33	15	increase	increase	VERB
fsr-3243	33	16	the	the	DET
fsr-3243	33	17	portfolio	portfolio	NOUN
fsr-3243	33	18	’s	’s	PART
fsr-3243	33	19	survival	survival	NOUN
fsr-3243	33	20	rate	rate	NOUN
fsr-3243	33	21	,	,	PUNCT
fsr-3243	33	22	and	and	CCONJ
fsr-3243	33	23	produces	produce	VERB
fsr-3243	33	24	different	different	ADJ
fsr-3243	33	25	“	"	PUNCT
fsr-3243	33	26	rules	rule	NOUN
fsr-3243	33	27	”	"	PUNCT
fsr-3243	33	28	by	by	ADP
fsr-3243	33	29	varying	vary	VERB
fsr-3243	33	30	the	the	DET
fsr-3243	33	31	degree	degree	NOUN
fsr-3243	33	32	to	to	PART
fsr-3243	33	33	which	which	PRON
fsr-3243	33	34	purchasing	purchase	VERB
fsr-3243	33	35	power	power	NOUN
fsr-3243	33	36	is	be	AUX
fsr-3243	33	37	restored	restore	VERB
fsr-3243	33	38	.	.	PUNCT
fsr-3243	34	1	another	another	DET
fsr-3243	34	2	take	take	NOUN
fsr-3243	34	3	on	on	ADP
fsr-3243	34	4	the	the	DET
fsr-3243	34	5	adaptive	adaptive	ADJ
fsr-3243	34	6	theme	theme	NOUN
fsr-3243	34	7	has	have	AUX
fsr-3243	34	8	been	be	AUX
fsr-3243	34	9	to	to	PART
fsr-3243	34	10	reassess	reassess	VERB
fsr-3243	34	11	the	the	DET
fsr-3243	34	12	situation	situation	NOUN
fsr-3243	34	13	periodically	periodically	ADV
fsr-3243	34	14	,	,	PUNCT
fsr-3243	34	15	taking	take	VERB
fsr-3243	34	16	into	into	ADP
fsr-3243	34	17	account	account	NOUN
fsr-3243	34	18	the	the	DET
fsr-3243	34	19	shortening	shortening	NOUN
fsr-3243	34	20	of	of	ADP
fsr-3243	34	21	the	the	DET
fsr-3243	34	22	horizon	horizon	NOUN
fsr-3243	34	23	period	period	NOUN
fsr-3243	34	24	.	.	PUNCT
fsr-3243	35	1	spitzer	spitzer	PROPN
fsr-3243	35	2	(	(	PUNCT
fsr-3243	35	3	2008	2008	NUM
fsr-3243	35	4	)	)	PUNCT
fsr-3243	35	5	considers	consider	VERB
fsr-3243	35	6	this	this	DET
fsr-3243	35	7	effect	effect	NOUN
fsr-3243	35	8	and	and	CCONJ
fsr-3243	35	9	332	332	NUM
fsr-3243	35	10	e.d	e.d	PROPN
fsr-3243	35	11	.	.	PROPN
fsr-3243	35	12	suarez	suarez	PROPN
fsr-3243	35	13	et	et	PROPN
fsr-3243	35	14	al	al	PROPN
fsr-3243	35	15	.	.	PUNCT
fsr-3243	35	16	/	/	SYM
fsr-3243	35	17	financial	financial	ADJ
fsr-3243	35	18	services	service	NOUN
fsr-3243	35	19	review	review	VERB
fsr-3243	35	20	24	24	NUM
fsr-3243	35	21	(	(	PUNCT
fsr-3243	35	22	2015	2015	NUM
fsr-3243	35	23	)	)	PUNCT
fsr-3243	35	24	331–357	331–357	NUM
fsr-3243	35	25	resets	reset	VERB
fsr-3243	35	26	the	the	DET
fsr-3243	35	27	withdrawal	withdrawal	NOUN
fsr-3243	35	28	amount	amount	NOUN
fsr-3243	35	29	every	every	DET
fsr-3243	35	30	five	five	NUM
fsr-3243	35	31	years	year	NOUN
fsr-3243	35	32	.	.	PUNCT
fsr-3243	36	1	blanchett	blanchett	PROPN
fsr-3243	36	2	and	and	CCONJ
fsr-3243	36	3	frank	frank	PROPN
fsr-3243	36	4	(	(	PUNCT
fsr-3243	36	5	2009	2009	NUM
fsr-3243	36	6	)	)	PUNCT
fsr-3243	36	7	annually	annually	ADV
fsr-3243	36	8	recalculates	recalculate	VERB
fsr-3243	36	9	the	the	DET
fsr-3243	36	10	probability	probability	NOUN
fsr-3243	36	11	of	of	ADP
fsr-3243	36	12	depleting	deplete	VERB
fsr-3243	36	13	the	the	DET
fsr-3243	36	14	retirement	retirement	NOUN
fsr-3243	36	15	funds	fund	NOUN
fsr-3243	36	16	too	too	ADV
fsr-3243	36	17	soon	soon	ADV
fsr-3243	36	18	.	.	PUNCT
fsr-3243	37	1	if	if	SCONJ
fsr-3243	37	2	it	it	PRON
fsr-3243	37	3	becomes	become	VERB
fsr-3243	37	4	higher	high	ADJ
fsr-3243	37	5	(	(	PUNCT
fsr-3243	37	6	lower	low	ADJ
fsr-3243	37	7	)	)	PUNCT
fsr-3243	37	8	than	than	ADP
fsr-3243	37	9	a	a	DET
fsr-3243	37	10	set	set	NOUN
fsr-3243	37	11	of	of	ADP
fsr-3243	37	12	critical	critical	ADJ
fsr-3243	37	13	values	value	NOUN
fsr-3243	37	14	they	they	PRON
fsr-3243	37	15	posit	posit	VERB
fsr-3243	37	16	,	,	PUNCT
fsr-3243	37	17	the	the	DET
fsr-3243	37	18	withdrawal	withdrawal	NOUN
fsr-3243	37	19	amount	amount	NOUN
fsr-3243	37	20	is	be	AUX
fsr-3243	37	21	decreased	decrease	VERB
fsr-3243	37	22	(	(	PUNCT
fsr-3243	37	23	increased	increase	VERB
fsr-3243	37	24	)	)	PUNCT
fsr-3243	37	25	by	by	ADP
fsr-3243	37	26	3	3	NUM
fsr-3243	37	27	%	%	NOUN
fsr-3243	37	28	;	;	PUNCT
fsr-3243	37	29	otherwise	otherwise	ADV
fsr-3243	37	30	it	it	PRON
fsr-3243	37	31	remains	remain	VERB
fsr-3243	37	32	constant	constant	ADJ
fsr-3243	37	33	.	.	PUNCT
fsr-3243	38	1	an	an	DET
fsr-3243	38	2	additional	additional	ADJ
fsr-3243	38	3	refinement	refinement	NOUN
fsr-3243	38	4	has	have	AUX
fsr-3243	38	5	been	be	AUX
fsr-3243	38	6	to	to	PART
fsr-3243	38	7	interpret	interpret	VERB
fsr-3243	38	8	the	the	DET
fsr-3243	38	9	planning	planning	NOUN
fsr-3243	38	10	horizon	horizon	NOUN
fsr-3243	38	11	length	length	NOUN
fsr-3243	38	12	as	as	ADP
fsr-3243	38	13	a	a	DET
fsr-3243	38	14	stochastic	stochastic	ADJ
fsr-3243	38	15	variable	variable	NOUN
fsr-3243	38	16	instead	instead	ADV
fsr-3243	38	17	of	of	ADP
fsr-3243	38	18	a	a	DET
fsr-3243	38	19	parameter	parameter	NOUN
fsr-3243	38	20	.	.	PUNCT
fsr-3243	39	1	under	under	ADP
fsr-3243	39	2	this	this	DET
fsr-3243	39	3	view	view	NOUN
fsr-3243	39	4	,	,	PUNCT
fsr-3243	39	5	the	the	DET
fsr-3243	39	6	goal	goal	NOUN
fsr-3243	39	7	for	for	ADP
fsr-3243	39	8	the	the	DET
fsr-3243	39	9	planner	planner	NOUN
fsr-3243	39	10	is	be	AUX
fsr-3243	39	11	to	to	PART
fsr-3243	39	12	ensure	ensure	VERB
fsr-3243	39	13	that	that	SCONJ
fsr-3243	39	14	the	the	DET
fsr-3243	39	15	funds	fund	NOUN
fsr-3243	39	16	in	in	ADP
fsr-3243	39	17	the	the	DET
fsr-3243	39	18	retirement	retirement	NOUN
fsr-3243	39	19	account	account	NOUN
fsr-3243	39	20	“	"	PUNCT
fsr-3243	39	21	outlive	outlive	ADJ
fsr-3243	39	22	”	"	PUNCT
fsr-3243	39	23	the	the	DET
fsr-3243	39	24	retiree	retiree	NOUN
fsr-3243	39	25	(	(	PUNCT
fsr-3243	39	26	instead	instead	ADV
fsr-3243	39	27	of	of	ADP
fsr-3243	39	28	the	the	DET
fsr-3243	39	29	other	other	ADJ
fsr-3243	39	30	way	way	NOUN
fsr-3243	39	31	around	around	ADV
fsr-3243	39	32	)	)	PUNCT
fsr-3243	39	33	,	,	PUNCT
fsr-3243	39	34	no	no	ADV
fsr-3243	39	35	matter	matter	ADV
fsr-3243	39	36	the	the	DET
fsr-3243	39	37	number	number	NOUN
fsr-3243	39	38	of	of	ADP
fsr-3243	39	39	years	year	NOUN
fsr-3243	39	40	involved	involve	VERB
fsr-3243	39	41	.	.	PUNCT
fsr-3243	40	1	stout	stout	PROPN
fsr-3243	40	2	and	and	CCONJ
fsr-3243	40	3	mitchell	mitchell	PROPN
fsr-3243	40	4	(	(	PUNCT
fsr-3243	40	5	2006	2006	NUM
fsr-3243	40	6	)	)	PUNCT
fsr-3243	40	7	use	use	VERB
fsr-3243	40	8	mortality	mortality	NOUN
fsr-3243	40	9	tables	table	NOUN
fsr-3243	40	10	to	to	PART
fsr-3243	40	11	make	make	VERB
fsr-3243	40	12	sure	sure	ADJ
fsr-3243	40	13	that	that	SCONJ
fsr-3243	40	14	a	a	DET
fsr-3243	40	15	retirement	retirement	NOUN
fsr-3243	40	16	period	period	NOUN
fsr-3243	40	17	of	of	ADP
fsr-3243	40	18	uncertain	uncertain	ADJ
fsr-3243	40	19	length	length	NOUN
fsr-3243	40	20	can	can	AUX
fsr-3243	40	21	be	be	AUX
fsr-3243	40	22	covered	cover	VERB
fsr-3243	40	23	.	.	PUNCT
fsr-3243	41	1	stout	stout	PROPN
fsr-3243	41	2	(	(	PUNCT
fsr-3243	41	3	2008	2008	NUM
fsr-3243	41	4	)	)	PUNCT
fsr-3243	41	5	decreases	decrease	VERB
fsr-3243	41	6	the	the	DET
fsr-3243	41	7	withdrawal	withdrawal	NOUN
fsr-3243	41	8	amount	amount	NOUN
fsr-3243	41	9	whenever	whenever	SCONJ
fsr-3243	41	10	the	the	DET
fsr-3243	41	11	account	account	NOUN
fsr-3243	41	12	balance	balance	NOUN
fsr-3243	41	13	falls	fall	VERB
fsr-3243	41	14	below	below	ADP
fsr-3243	41	15	a	a	DET
fsr-3243	41	16	measure	measure	NOUN
fsr-3243	41	17	of	of	ADP
fsr-3243	41	18	the	the	DET
fsr-3243	41	19	present	present	ADJ
fsr-3243	41	20	value	value	NOUN
fsr-3243	41	21	of	of	ADP
fsr-3243	41	22	the	the	DET
fsr-3243	41	23	withdrawals	withdrawal	NOUN
fsr-3243	41	24	yet	yet	ADV
fsr-3243	41	25	to	to	PART
fsr-3243	41	26	be	be	AUX
fsr-3243	41	27	made	make	VERB
fsr-3243	41	28	,	,	PUNCT
fsr-3243	41	29	and	and	CCONJ
fsr-3243	41	30	increases	increase	VERB
fsr-3243	41	31	it	it	PRON
fsr-3243	41	32	when	when	SCONJ
fsr-3243	41	33	the	the	DET
fsr-3243	41	34	balance	balance	NOUN
fsr-3243	41	35	is	be	AUX
fsr-3243	41	36	above	above	ADP
fsr-3243	41	37	this	this	DET
fsr-3243	41	38	measure	measure	NOUN
fsr-3243	41	39	plus	plus	CCONJ
fsr-3243	41	40	an	an	DET
fsr-3243	41	41	additional	additional	ADJ
fsr-3243	41	42	value	value	NOUN
fsr-3243	41	43	reserve	reserve	NOUN
fsr-3243	41	44	.	.	PUNCT
fsr-3243	42	1	mitchell	mitchell	PROPN
fsr-3243	42	2	(	(	PUNCT
fsr-3243	42	3	2011	2011	NUM
fsr-3243	42	4	)	)	PUNCT
fsr-3243	42	5	uses	use	VERB
fsr-3243	42	6	different	different	ADJ
fsr-3243	42	7	thresholds	threshold	NOUN
fsr-3243	42	8	to	to	PART
fsr-3243	42	9	trigger	trigger	VERB
fsr-3243	42	10	adjustments	adjustment	NOUN
fsr-3243	42	11	and	and	CCONJ
fsr-3243	42	12	also	also	ADV
fsr-3243	42	13	addresses	address	VERB
fsr-3243	42	14	the	the	DET
fsr-3243	42	15	risk	risk	NOUN
fsr-3243	42	16	of	of	ADP
fsr-3243	42	17	superannuation	superannuation	NOUN
fsr-3243	42	18	.	.	PUNCT
fsr-3243	43	1	a	a	DET
fsr-3243	43	2	still	still	ADV
fsr-3243	43	3	more	more	ADV
fsr-3243	43	4	recent	recent	ADJ
fsr-3243	43	5	approach	approach	NOUN
fsr-3243	43	6	has	have	AUX
fsr-3243	43	7	treated	treat	VERB
fsr-3243	43	8	the	the	DET
fsr-3243	43	9	selection	selection	NOUN
fsr-3243	43	10	of	of	ADP
fsr-3243	43	11	withdrawal	withdrawal	NOUN
fsr-3243	43	12	amounts	amount	VERB
fsr-3243	43	13	as	as	ADP
fsr-3243	43	14	a	a	DET
fsr-3243	43	15	lifetime	lifetime	NOUN
fsr-3243	43	16	-	-	PUNCT
fsr-3243	43	17	utility	utility	NOUN
fsr-3243	43	18	maximization	maximization	NOUN
fsr-3243	43	19	problem	problem	NOUN
fsr-3243	43	20	.	.	PUNCT
fsr-3243	44	1	milevsky	milevsky	NOUN
fsr-3243	44	2	and	and	CCONJ
fsr-3243	44	3	huang	huang	PROPN
fsr-3243	44	4	(	(	PUNCT
fsr-3243	44	5	2011	2011	NUM
fsr-3243	44	6	)	)	PUNCT
fsr-3243	44	7	posit	posit	NOUN
fsr-3243	44	8	as	as	ADP
fsr-3243	44	9	the	the	DET
fsr-3243	44	10	objective	objective	ADJ
fsr-3243	44	11	function	function	NOUN
fsr-3243	44	12	the	the	DET
fsr-3243	44	13	total	total	ADJ
fsr-3243	44	14	discounted	discount	VERB
fsr-3243	44	15	value	value	NOUN
fsr-3243	44	16	of	of	ADP
fsr-3243	44	17	the	the	DET
fsr-3243	44	18	utility	utility	NOUN
fsr-3243	44	19	derived	derive	VERB
fsr-3243	44	20	across	across	ADP
fsr-3243	44	21	the	the	DET
fsr-3243	44	22	entire	entire	ADJ
fsr-3243	44	23	retirement	retirement	NOUN
fsr-3243	44	24	period	period	NOUN
fsr-3243	44	25	,	,	PUNCT
fsr-3243	44	26	in	in	ADP
fsr-3243	44	27	a	a	DET
fsr-3243	44	28	setting	setting	NOUN
fsr-3243	44	29	where	where	SCONJ
fsr-3243	44	30	this	this	DET
fsr-3243	44	31	length	length	NOUN
fsr-3243	44	32	is	be	AUX
fsr-3243	44	33	a	a	DET
fsr-3243	44	34	stochastic	stochastic	ADJ
fsr-3243	44	35	variable	variable	NOUN
fsr-3243	44	36	and	and	CCONJ
fsr-3243	44	37	the	the	DET
fsr-3243	44	38	subjective	subjective	ADJ
fsr-3243	44	39	discount	discount	NOUN
fsr-3243	44	40	rate	rate	NOUN
fsr-3243	44	41	is	be	AUX
fsr-3243	44	42	a	a	DET
fsr-3243	44	43	measure	measure	NOUN
fsr-3243	44	44	of	of	ADP
fsr-3243	44	45	“	"	PUNCT
fsr-3243	44	46	personal	personal	ADJ
fsr-3243	44	47	impatience	impatience	NOUN
fsr-3243	44	48	.	.	PUNCT
fsr-3243	44	49	”	"	PUNCT
fsr-3243	45	1	williams	williams	PROPN
fsr-3243	45	2	and	and	CCONJ
fsr-3243	45	3	finke	finke	PROPN
fsr-3243	45	4	(	(	PUNCT
fsr-3243	45	5	2011	2011	NUM
fsr-3243	45	6	)	)	PUNCT
fsr-3243	45	7	use	use	VERB
fsr-3243	45	8	a	a	DET
fsr-3243	45	9	similar	similar	ADJ
fsr-3243	45	10	model	model	NOUN
fsr-3243	45	11	with	with	ADP
fsr-3243	45	12	more	more	ADV
fsr-3243	45	13	realistic	realistic	ADJ
fsr-3243	45	14	portfolio	portfolio	NOUN
fsr-3243	45	15	allocations	allocation	NOUN
fsr-3243	45	16	and	and	CCONJ
fsr-3243	45	17	also	also	ADV
fsr-3243	45	18	consider	consider	VERB
fsr-3243	45	19	other	other	ADJ
fsr-3243	45	20	sources	source	NOUN
fsr-3243	45	21	of	of	ADP
fsr-3243	45	22	income	income	NOUN
fsr-3243	45	23	.	.	PUNCT
fsr-3243	46	1	blanchett	blanchett	PROPN
fsr-3243	46	2	,	,	PUNCT
fsr-3243	46	3	kowara	kowara	PROPN
fsr-3243	46	4	,	,	PUNCT
fsr-3243	46	5	and	and	CCONJ
fsr-3243	46	6	chen	chen	PROPN
fsr-3243	46	7	(	(	PUNCT
fsr-3243	46	8	2012	2012	NUM
fsr-3243	46	9	)	)	PUNCT
fsr-3243	46	10	measure	measure	VERB
fsr-3243	46	11	the	the	DET
fsr-3243	46	12	relative	relative	ADJ
fsr-3243	46	13	efficiency	efficiency	NOUN
fsr-3243	46	14	of	of	ADP
fsr-3243	46	15	different	different	ADJ
fsr-3243	46	16	withdrawal	withdrawal	NOUN
fsr-3243	46	17	strategies	strategy	NOUN
fsr-3243	46	18	by	by	ADP
fsr-3243	46	19	comparing	compare	VERB
fsr-3243	46	20	the	the	DET
fsr-3243	46	21	actual	actual	ADJ
fsr-3243	46	22	cash	cash	NOUN
fsr-3243	46	23	flows	flow	NOUN
fsr-3243	46	24	provided	provide	VERB
fsr-3243	46	25	by	by	ADP
fsr-3243	46	26	each	each	DET
fsr-3243	46	27	strategy	strategy	NOUN
fsr-3243	46	28	to	to	ADP
fsr-3243	46	29	the	the	DET
fsr-3243	46	30	flows	flow	NOUN
fsr-3243	46	31	that	that	PRON
fsr-3243	46	32	would	would	AUX
fsr-3243	46	33	have	have	AUX
fsr-3243	46	34	been	be	AUX
fsr-3243	46	35	feasible	feasible	ADJ
fsr-3243	46	36	under	under	ADP
fsr-3243	46	37	perfect	perfect	ADJ
fsr-3243	46	38	foresight	foresight	NOUN
fsr-3243	46	39	.	.	PUNCT
fsr-3243	47	1	the	the	DET
fsr-3243	47	2	methodology	methodology	NOUN
fsr-3243	47	3	that	that	PRON
fsr-3243	47	4	we	we	PRON
fsr-3243	47	5	present	present	VERB
fsr-3243	47	6	here	here	ADV
fsr-3243	47	7	can	can	AUX
fsr-3243	47	8	also	also	ADV
fsr-3243	47	9	be	be	AUX
fsr-3243	47	10	used	use	VERB
fsr-3243	47	11	to	to	PART
fsr-3243	47	12	derive	derive	VERB
fsr-3243	47	13	adaptive	adaptive	ADJ
fsr-3243	47	14	rules	rule	NOUN
fsr-3243	47	15	and	and	CCONJ
fsr-3243	47	16	revisiting	revisit	VERB
fsr-3243	47	17	schemes	scheme	NOUN
fsr-3243	47	18	,	,	PUNCT
fsr-3243	47	19	and	and	CCONJ
fsr-3243	47	20	to	to	PART
fsr-3243	47	21	perform	perform	VERB
fsr-3243	47	22	longevity	longevity	NOUN
fsr-3243	47	23	risk	risk	NOUN
fsr-3243	47	24	and	and	CCONJ
fsr-3243	47	25	utility	utility	NOUN
fsr-3243	47	26	maximization	maximization	NOUN
fsr-3243	47	27	analyses	analysis	NOUN
fsr-3243	47	28	.	.	PUNCT
fsr-3243	48	1	it	it	PRON
fsr-3243	48	2	is	be	AUX
fsr-3243	48	3	also	also	ADV
fsr-3243	48	4	well	well	ADV
fsr-3243	48	5	-	-	PUNCT
fsr-3243	48	6	suited	suited	ADJ
fsr-3243	48	7	for	for	ADP
fsr-3243	48	8	trying	try	VERB
fsr-3243	48	9	out	out	ADP
fsr-3243	48	10	alternative	alternative	ADJ
fsr-3243	48	11	distributions	distribution	NOUN
fsr-3243	48	12	for	for	ADP
fsr-3243	48	13	the	the	DET
fsr-3243	48	14	rates	rate	NOUN
fsr-3243	48	15	of	of	ADP
fsr-3243	48	16	return	return	NOUN
fsr-3243	48	17	,	,	PUNCT
fsr-3243	48	18	such	such	ADJ
fsr-3243	48	19	as	as	ADP
fsr-3243	48	20	those	those	PRON
fsr-3243	48	21	described	describe	VERB
fsr-3243	48	22	in	in	ADP
fsr-3243	48	23	blanchett	blanchett	PROPN
fsr-3243	48	24	and	and	CCONJ
fsr-3243	48	25	blanchett	blanchett	PROPN
fsr-3243	48	26	(	(	PUNCT
fsr-3243	48	27	2008	2008	NUM
fsr-3243	48	28	)	)	PUNCT
fsr-3243	48	29	,	,	PUNCT
fsr-3243	48	30	pfau	pfau	NOUN
fsr-3243	48	31	(	(	PUNCT
fsr-3243	48	32	2012	2012	NUM
fsr-3243	48	33	)	)	PUNCT
fsr-3243	48	34	,	,	PUNCT
fsr-3243	48	35	and	and	CCONJ
fsr-3243	48	36	blanchett	blanchett	PROPN
fsr-3243	48	37	,	,	PUNCT
fsr-3243	48	38	finke	finke	PROPN
fsr-3243	48	39	,	,	PUNCT
fsr-3243	48	40	and	and	CCONJ
fsr-3243	48	41	pfau	pfau	NOUN
fsr-3243	48	42	(	(	PUNCT
fsr-3243	48	43	2014	2014	NUM
fsr-3243	48	44	)	)	PUNCT
fsr-3243	48	45	.	.	PUNCT
fsr-3243	49	1	all	all	PRON
fsr-3243	49	2	of	of	ADP
fsr-3243	49	3	these	these	PRON
fsr-3243	49	4	,	,	PUNCT
fsr-3243	49	5	however	however	ADV
fsr-3243	49	6	,	,	PUNCT
fsr-3243	49	7	would	would	AUX
fsr-3243	49	8	now	now	ADV
fsr-3243	49	9	be	be	AUX
fsr-3243	49	10	enhanced	enhance	VERB
fsr-3243	49	11	by	by	ADP
fsr-3243	49	12	understanding	understand	VERB
fsr-3243	49	13	the	the	DET
fsr-3243	49	14	trajectories	trajectory	NOUN
fsr-3243	49	15	that	that	SCONJ
fsr-3243	49	16	the	the	DET
fsr-3243	49	17	resulting	result	VERB
fsr-3243	49	18	strategies	strategy	NOUN
fsr-3243	49	19	trace	trace	VERB
fsr-3243	49	20	out	out	ADP
fsr-3243	49	21	in	in	ADP
fsr-3243	49	22	the	the	DET
fsr-3243	49	23	pwa	pwa	PROPN
fsr-3243	49	24	dimension	dimension	NOUN
fsr-3243	49	25	.	.	PUNCT
fsr-3243	50	1	3	3	X
fsr-3243	50	2	.	.	X
fsr-3243	50	3	the	the	DET
fsr-3243	50	4	perfect	perfect	ADJ
fsr-3243	50	5	withdrawal	withdrawal	NOUN
fsr-3243	50	6	amount	amount	NOUN
fsr-3243	50	7	we	we	PRON
fsr-3243	50	8	begin	begin	VERB
fsr-3243	50	9	the	the	DET
fsr-3243	50	10	development	development	NOUN
fsr-3243	50	11	of	of	ADP
fsr-3243	50	12	our	our	PRON
fsr-3243	50	13	methodology	methodology	NOUN
fsr-3243	50	14	by	by	ADP
fsr-3243	50	15	assuming	assume	VERB
fsr-3243	50	16	a	a	DET
fsr-3243	50	17	scenario	scenario	NOUN
fsr-3243	50	18	where	where	SCONJ
fsr-3243	50	19	annual	annual	ADJ
fsr-3243	50	20	withdrawals	withdrawal	NOUN
fsr-3243	50	21	are	be	AUX
fsr-3243	50	22	made	make	VERB
fsr-3243	50	23	on	on	ADP
fsr-3243	50	24	the	the	DET
fsr-3243	50	25	first	first	ADJ
fsr-3243	50	26	day	day	NOUN
fsr-3243	50	27	of	of	ADP
fsr-3243	50	28	the	the	DET
fsr-3243	50	29	year	year	NOUN
fsr-3243	50	30	and	and	CCONJ
fsr-3243	50	31	annual	annual	ADJ
fsr-3243	50	32	returns	return	NOUN
fsr-3243	50	33	accrue	accrue	VERB
fsr-3243	50	34	on	on	ADP
fsr-3243	50	35	the	the	DET
fsr-3243	50	36	last	last	ADJ
fsr-3243	50	37	day.1	day.1	PROPN
fsr-3243	50	38	there	there	PRON
fsr-3243	50	39	’s	’	VERB
fsr-3243	50	40	no	no	DET
fsr-3243	50	41	inflation	inflation	NOUN
fsr-3243	50	42	(	(	PUNCT
fsr-3243	50	43	or	or	CCONJ
fsr-3243	50	44	,	,	PUNCT
fsr-3243	50	45	alternatively	alternatively	ADV
fsr-3243	50	46	,	,	PUNCT
fsr-3243	50	47	the	the	DET
fsr-3243	50	48	rates	rate	NOUN
fsr-3243	50	49	of	of	ADP
fsr-3243	50	50	return	return	NOUN
fsr-3243	50	51	used	use	VERB
fsr-3243	50	52	are	be	AUX
fsr-3243	50	53	in	in	ADP
fsr-3243	50	54	real	real	ADJ
fsr-3243	50	55	terms	term	NOUN
fsr-3243	50	56	)	)	PUNCT
fsr-3243	50	57	and	and	CCONJ
fsr-3243	50	58	no	no	DET
fsr-3243	50	59	taxes	taxis	NOUN
fsr-3243	50	60	.	.	PUNCT
fsr-3243	51	1	this	this	PRON
fsr-3243	51	2	simplifies	simplify	VERB
fsr-3243	51	3	the	the	DET
fsr-3243	51	4	setup	setup	NOUN
fsr-3243	51	5	without	without	ADP
fsr-3243	51	6	removing	remove	VERB
fsr-3243	51	7	any	any	DET
fsr-3243	51	8	crucial	crucial	ADJ
fsr-3243	51	9	element	element	NOUN
fsr-3243	51	10	in	in	ADP
fsr-3243	51	11	the	the	DET
fsr-3243	51	12	relationship	relationship	NOUN
fsr-3243	51	13	between	between	ADP
fsr-3243	51	14	the	the	DET
fsr-3243	51	15	main	main	ADJ
fsr-3243	51	16	variables	variable	NOUN
fsr-3243	51	17	and	and	CCONJ
fsr-3243	51	18	,	,	PUNCT
fsr-3243	51	19	as	as	SCONJ
fsr-3243	51	20	will	will	AUX
fsr-3243	51	21	be	be	AUX
fsr-3243	51	22	shown	show	VERB
fsr-3243	51	23	below	below	ADP
fsr-3243	51	24	,	,	PUNCT
fsr-3243	51	25	any	any	DET
fsr-3243	51	26	additional	additional	ADJ
fsr-3243	51	27	pieces	piece	NOUN
fsr-3243	51	28	needed	need	VERB
fsr-3243	51	29	to	to	PART
fsr-3243	51	30	represent	represent	VERB
fsr-3243	51	31	a	a	DET
fsr-3243	51	32	real	real	ADJ
fsr-3243	51	33	-	-	PUNCT
fsr-3243	51	34	world	world	NOUN
fsr-3243	51	35	situation	situation	NOUN
fsr-3243	51	36	are	be	AUX
fsr-3243	51	37	easily	easily	ADV
fsr-3243	51	38	added	add	VERB
fsr-3243	51	39	on	on	ADP
fsr-3243	51	40	top	top	NOUN
fsr-3243	51	41	of	of	ADP
fsr-3243	51	42	this	this	DET
fsr-3243	51	43	skeleton	skeleton	NOUN
fsr-3243	51	44	framework	framework	NOUN
fsr-3243	51	45	.	.	PUNCT
fsr-3243	52	1	we	we	PRON
fsr-3243	52	2	now	now	ADV
fsr-3243	52	3	posit	posit	VERB
fsr-3243	52	4	that	that	SCONJ
fsr-3243	52	5	for	for	ADP
fsr-3243	52	6	any	any	DET
fsr-3243	52	7	given	give	VERB
fsr-3243	52	8	series	series	NOUN
fsr-3243	52	9	of	of	ADP
fsr-3243	52	10	annual	annual	ADJ
fsr-3243	52	11	returns	return	NOUN
fsr-3243	52	12	there	there	PRON
fsr-3243	52	13	is	be	VERB
fsr-3243	52	14	one	one	NUM
fsr-3243	52	15	and	and	CCONJ
fsr-3243	52	16	only	only	ADV
fsr-3243	52	17	one	one	NUM
fsr-3243	52	18	constant	constant	ADJ
fsr-3243	52	19	withdrawal	withdrawal	NOUN
fsr-3243	52	20	amount	amount	NOUN
fsr-3243	52	21	that	that	PRON
fsr-3243	52	22	will	will	AUX
fsr-3243	52	23	leave	leave	VERB
fsr-3243	52	24	the	the	DET
fsr-3243	52	25	desired	desire	VERB
fsr-3243	52	26	final	final	ADJ
fsr-3243	52	27	balance	balance	NOUN
fsr-3243	52	28	on	on	ADP
fsr-3243	52	29	the	the	DET
fsr-3243	52	30	account	account	NOUN
fsr-3243	52	31	after	after	ADP
fsr-3243	52	32	n	n	PRON
fsr-3243	52	33	years	year	NOUN
fsr-3243	52	34	(	(	PUNCT
fsr-3243	52	35	the	the	DET
fsr-3243	52	36	planning	planning	NOUN
fsr-3243	52	37	horizon	horizon	NOUN
fsr-3243	52	38	)	)	PUNCT
fsr-3243	52	39	.	.	PUNCT
fsr-3243	53	1	this	this	PRON
fsr-3243	53	2	can	can	AUX
fsr-3243	53	3	be	be	AUX
fsr-3243	53	4	verified	verify	VERB
fsr-3243	53	5	by	by	ADP
fsr-3243	53	6	solving	solve	VERB
fsr-3243	53	7	a	a	DET
fsr-3243	53	8	problem	problem	NOUN
fsr-3243	53	9	that	that	PRON
fsr-3243	53	10	is	be	AUX
fsr-3243	53	11	formally	formally	ADV
fsr-3243	53	12	equivalent	equivalent	ADJ
fsr-3243	53	13	to	to	ADP
fsr-3243	53	14	that	that	PRON
fsr-3243	53	15	of	of	ADP
fsr-3243	53	16	finding	find	VERB
fsr-3243	53	17	the	the	DET
fsr-3243	53	18	fixed	fix	VERB
fsr-3243	53	19	-	-	PUNCT
fsr-3243	53	20	amount	amount	NOUN
fsr-3243	53	21	payment	payment	NOUN
fsr-3243	53	22	that	that	PRON
fsr-3243	53	23	will	will	AUX
fsr-3243	53	24	fully	fully	ADV
fsr-3243	53	25	pay	pay	VERB
fsr-3243	53	26	off	off	ADP
fsr-3243	53	27	a	a	DET
fsr-3243	53	28	variable	variable	ADJ
fsr-3243	53	29	-	-	PUNCT
fsr-3243	53	30	rate	rate	NOUN
fsr-3243	53	31	loan	loan	NOUN
fsr-3243	53	32	after	after	ADP
fsr-3243	53	33	n	n	DET
fsr-3243	53	34	years	year	NOUN
fsr-3243	53	35	.	.	PUNCT
fsr-3243	54	1	in	in	ADP
fsr-3243	54	2	other	other	ADJ
fsr-3243	54	3	words	word	NOUN
fsr-3243	54	4	,	,	PUNCT
fsr-3243	54	5	we	we	PRON
fsr-3243	54	6	rederive	rederive	VERB
fsr-3243	54	7	the	the	DET
fsr-3243	54	8	traditional	traditional	ADJ
fsr-3243	54	9	pmt	pmt	NOUN
fsr-3243	54	10	(	(	PUNCT
fsr-3243	54	11	)	)	PUNCT
fsr-3243	54	12	formula	formula	NOUN
fsr-3243	54	13	found	find	VERB
fsr-3243	54	14	in	in	ADP
fsr-3243	54	15	financial	financial	ADJ
fsr-3243	54	16	calcu333e.d	calcu333e.d	NOUN
fsr-3243	54	17	.	.	PUNCT
fsr-3243	55	1	suarez	suarez	PROPN
fsr-3243	55	2	et	et	PROPN
fsr-3243	55	3	al	al	PROPN
fsr-3243	55	4	.	.	PUNCT
fsr-3243	55	5	/	/	SYM
fsr-3243	55	6	financial	financial	ADJ
fsr-3243	55	7	services	service	NOUN
fsr-3243	55	8	review	review	VERB
fsr-3243	55	9	24	24	NUM
fsr-3243	55	10	(	(	PUNCT
fsr-3243	55	11	2015	2015	NUM
fsr-3243	55	12	)	)	PUNCT
fsr-3243	55	13	331–357	331–357	NUM
fsr-3243	55	14	lators	lator	NOUN
fsr-3243	55	15	,	,	PUNCT
fsr-3243	55	16	but	but	CCONJ
fsr-3243	55	17	with	with	ADP
fsr-3243	55	18	three	three	NUM
fsr-3243	55	19	amendments	amendment	NOUN
fsr-3243	55	20	:	:	PUNCT
fsr-3243	55	21	(	(	PUNCT
fsr-3243	55	22	1	1	X
fsr-3243	55	23	)	)	PUNCT
fsr-3243	55	24	interest	interest	NOUN
fsr-3243	55	25	rates	rate	NOUN
fsr-3243	55	26	are	be	AUX
fsr-3243	55	27	not	not	PART
fsr-3243	55	28	fixed	fix	VERB
fsr-3243	55	29	but	but	CCONJ
fsr-3243	55	30	change	change	NOUN
fsr-3243	55	31	in	in	ADP
fsr-3243	55	32	every	every	DET
fsr-3243	55	33	period	period	NOUN
fsr-3243	55	34	,	,	PUNCT
fsr-3243	55	35	(	(	PUNCT
fsr-3243	55	36	2	2	X
fsr-3243	55	37	)	)	PUNCT
fsr-3243	55	38	the	the	DET
fsr-3243	55	39	desired	desire	VERB
fsr-3243	55	40	ending	ending	NOUN
fsr-3243	55	41	value	value	NOUN
fsr-3243	55	42	is	be	AUX
fsr-3243	55	43	not	not	PART
fsr-3243	55	44	necessarily	necessarily	ADV
fsr-3243	55	45	zero	zero	NUM
fsr-3243	55	46	,	,	PUNCT
fsr-3243	55	47	and	and	CCONJ
fsr-3243	55	48	(	(	PUNCT
fsr-3243	55	49	3	3	X
fsr-3243	55	50	)	)	PUNCT
fsr-3243	55	51	we	we	PRON
fsr-3243	55	52	are	be	AUX
fsr-3243	55	53	dealing	deal	VERB
fsr-3243	55	54	with	with	ADP
fsr-3243	55	55	drawdowns	drawdown	NOUN
fsr-3243	55	56	from	from	ADP
fsr-3243	55	57	an	an	DET
fsr-3243	55	58	asset	asset	NOUN
fsr-3243	55	59	instead	instead	ADV
fsr-3243	55	60	of	of	ADP
fsr-3243	55	61	payments	payment	NOUN
fsr-3243	55	62	to	to	ADP
fsr-3243	55	63	a	a	DET
fsr-3243	55	64	liability.2	liability.2	NOUN
fsr-3243	55	65	the	the	DET
fsr-3243	55	66	basic	basic	ADJ
fsr-3243	55	67	relationship	relationship	NOUN
fsr-3243	55	68	between	between	ADP
fsr-3243	55	69	account	account	NOUN
fsr-3243	55	70	balances	balance	NOUN
fsr-3243	55	71	in	in	ADP
fsr-3243	55	72	consecutive	consecutive	ADJ
fsr-3243	55	73	periods	period	NOUN
fsr-3243	55	74	is	be	AUX
fsr-3243	55	75	:	:	PUNCT
fsr-3243	55	76	ki	ki	PROPN
fsr-3243	55	77	�	�	PROPN
fsr-3243	55	78	1	1	NUM
fsr-3243	55	79	�	�	PROPN
fsr-3243	55	80	(	(	PUNCT
fsr-3243	55	81	ki	ki	PROPN
fsr-3243	55	82	�	�	PROPN
fsr-3243	55	83	w	w	PROPN
fsr-3243	55	84	)	)	PUNCT
fsr-3243	55	85	(	(	PUNCT
fsr-3243	55	86	1	1	NUM
fsr-3243	55	87	�	�	PROPN
fsr-3243	55	88	ri	ri	PROPN
fsr-3243	55	89	)	)	PUNCT
fsr-3243	55	90	(	(	PUNCT
fsr-3243	55	91	1	1	X
fsr-3243	55	92	)	)	PUNCT
fsr-3243	55	93	where	where	SCONJ
fsr-3243	55	94	ki	ki	PROPN
fsr-3243	55	95	is	be	AUX
fsr-3243	55	96	the	the	DET
fsr-3243	55	97	balance	balance	NOUN
fsr-3243	55	98	at	at	ADP
fsr-3243	55	99	the	the	DET
fsr-3243	55	100	beginning	beginning	NOUN
fsr-3243	55	101	of	of	ADP
fsr-3243	55	102	year	year	NOUN
fsr-3243	55	103	i	i	PRON
fsr-3243	55	104	,	,	PUNCT
fsr-3243	55	105	w	w	PROPN
fsr-3243	55	106	is	be	AUX
fsr-3243	55	107	the	the	DET
fsr-3243	55	108	yearly	yearly	ADJ
fsr-3243	55	109	withdrawal	withdrawal	NOUN
fsr-3243	55	110	amount	amount	NOUN
fsr-3243	55	111	,	,	PUNCT
fsr-3243	55	112	and	and	CCONJ
fsr-3243	55	113	ri	ri	PROPN
fsr-3243	55	114	is	be	AUX
fsr-3243	55	115	the	the	DET
fsr-3243	55	116	rate	rate	NOUN
fsr-3243	55	117	of	of	ADP
fsr-3243	55	118	return	return	NOUN
fsr-3243	55	119	in	in	ADP
fsr-3243	55	120	year	year	NOUN
fsr-3243	55	121	i	i	PRON
fsr-3243	55	122	in	in	ADP
fsr-3243	55	123	annual	annual	ADJ
fsr-3243	55	124	percentage	percentage	NOUN
fsr-3243	55	125	.	.	PUNCT
fsr-3243	56	1	applying	apply	VERB
fsr-3243	56	2	eq	eq	ADP
fsr-3243	56	3	.	.	PUNCT
fsr-3243	57	1	(	(	PUNCT
fsr-3243	57	2	1	1	X
fsr-3243	57	3	)	)	PUNCT
fsr-3243	57	4	chain	chain	NOUN
fsr-3243	57	5	-	-	PUNCT
fsr-3243	57	6	wise	wise	ADJ
fsr-3243	57	7	over	over	ADP
fsr-3243	57	8	the	the	DET
fsr-3243	57	9	entire	entire	ADJ
fsr-3243	57	10	planning	planning	NOUN
fsr-3243	57	11	horizon	horizon	NOUN
fsr-3243	57	12	(	(	PUNCT
fsr-3243	57	13	n	n	NUM
fsr-3243	57	14	years	year	NOUN
fsr-3243	57	15	)	)	PUNCT
fsr-3243	57	16	,	,	PUNCT
fsr-3243	57	17	we	we	PRON
fsr-3243	57	18	obtain	obtain	VERB
fsr-3243	57	19	the	the	DET
fsr-3243	57	20	relation	relation	NOUN
fsr-3243	57	21	between	between	ADP
fsr-3243	57	22	the	the	DET
fsr-3243	57	23	starting	start	VERB
fsr-3243	57	24	balance	balance	NOUN
fsr-3243	57	25	ks	ks	NOUN
fsr-3243	57	26	(	(	PUNCT
fsr-3243	57	27	or	or	CCONJ
fsr-3243	57	28	k1	k1	NOUN
fsr-3243	57	29	)	)	PUNCT
fsr-3243	57	30	and	and	CCONJ
fsr-3243	57	31	the	the	DET
fsr-3243	57	32	ending	end	VERB
fsr-3243	57	33	balance	balance	NOUN
fsr-3243	57	34	ke	ke	NOUN
fsr-3243	57	35	(	(	PUNCT
fsr-3243	57	36	or	or	CCONJ
fsr-3243	57	37	kn	kn	PROPN
fsr-3243	57	38	):	):	PUNCT
fsr-3243	57	39	ke	ke	PROPN
fsr-3243	57	40	�	�	PROPN
fsr-3243	57	41	(	(	PUNCT
fsr-3243	57	42	{	{	PUNCT
fsr-3243	57	43	[	[	X
fsr-3243	57	44	(	(	PUNCT
fsr-3243	57	45	ks	ks	PROPN
fsr-3243	57	46	�	�	PROPN
fsr-3243	57	47	w	w	PROPN
fsr-3243	57	48	)	)	PUNCT
fsr-3243	57	49	(	(	PUNCT
fsr-3243	57	50	1	1	NUM
fsr-3243	57	51	�	�	PROPN
fsr-3243	57	52	r1	r1	PROPN
fsr-3243	57	53	)	)	PUNCT
fsr-3243	57	54	�	�	PROPN
fsr-3243	58	1	w	w	PROPN
fsr-3243	58	2	]	]	X
fsr-3243	58	3	(	(	PUNCT
fsr-3243	58	4	1	1	NUM
fsr-3243	58	5	�	�	PROPN
fsr-3243	58	6	r2	r2	PROPN
fsr-3243	58	7	)	)	PUNCT
fsr-3243	58	8	�	�	PROPN
fsr-3243	58	9	w	w	PROPN
fsr-3243	58	10	}	}	PUNCT
fsr-3243	58	11	(	(	PUNCT
fsr-3243	58	12	1	1	NUM
fsr-3243	58	13	�	�	PROPN
fsr-3243	58	14	r3	r3	PROPN
fsr-3243	58	15	)	)	PUNCT
fsr-3243	58	16	.	.	PUNCT
fsr-3243	58	17	.	.	PUNCT
fsr-3243	58	18	.	.	PUNCT
fsr-3243	59	1	�	�	PROPN
fsr-3243	59	2	w	w	PROPN
fsr-3243	59	3	)	)	PUNCT
fsr-3243	59	4	(	(	PUNCT
fsr-3243	59	5	1	1	NUM
fsr-3243	59	6	�	�	PROPN
fsr-3243	59	7	rn	rn	PROPN
fsr-3243	59	8	)	)	PUNCT
fsr-3243	59	9	(	(	PUNCT
fsr-3243	59	10	2	2	X
fsr-3243	59	11	)	)	PUNCT
fsr-3243	59	12	and	and	CCONJ
fsr-3243	59	13	we	we	PRON
fsr-3243	59	14	solve	solve	VERB
fsr-3243	59	15	eq	eq	ADP
fsr-3243	59	16	.	.	PROPN
fsr-3243	59	17	2	2	NUM
fsr-3243	59	18	for	for	SCONJ
fsr-3243	59	19	w	w	PROPN
fsr-3243	59	20	to	to	PART
fsr-3243	59	21	get	get	VERB
fsr-3243	59	22	:	:	PUNCT
fsr-3243	59	23	w	w	PROPN
fsr-3243	59	24	�	�	PROPN
fsr-3243	59	25	�	�	PROPN
fsr-3243	59	26	ks	ks	PROPN
fsr-3243	59	27	�	�	PROPN
fsr-3243	60	1	i	i	PRON
fsr-3243	60	2	�	�	PROPN
fsr-3243	60	3	1	1	NUM
fsr-3243	60	4	n	n	PROPN
fsr-3243	60	5	(	(	PUNCT
fsr-3243	60	6	1	1	NUM
fsr-3243	60	7	�	�	PROPN
fsr-3243	60	8	ri	ri	PROPN
fsr-3243	60	9	)	)	PUNCT
fsr-3243	60	10	�	�	PROPN
fsr-3243	60	11	ke	ke	PROPN
fsr-3243	60	12	�	�	PROPN
fsr-3243	60	13	�	�	PROPN
fsr-3243	60	14	�	�	PROPN
fsr-3243	60	15	i	i	PRON
fsr-3243	60	16	�	�	PROPN
fsr-3243	60	17	1	1	NUM
fsr-3243	60	18	n	n	PRON
fsr-3243	60	19	�	�	PROPN
fsr-3243	60	20	j	j	PROPN
fsr-3243	60	21	�	�	PROPN
fsr-3243	60	22	i	i	PRON
fsr-3243	60	23	n	n	PROPN
fsr-3243	60	24	(	(	PUNCT
fsr-3243	60	25	1	1	NUM
fsr-3243	60	26	�	�	PROPN
fsr-3243	60	27	rj	rj	PROPN
fsr-3243	60	28	)	)	PUNCT
fsr-3243	60	29	(	(	PUNCT
fsr-3243	60	30	3	3	X
fsr-3243	60	31	)	)	PUNCT
fsr-3243	60	32	eq	eq	NOUN
fsr-3243	60	33	.	.	PUNCT
fsr-3243	61	1	(	(	PUNCT
fsr-3243	61	2	3	3	X
fsr-3243	61	3	)	)	PUNCT
fsr-3243	61	4	provides	provide	VERB
fsr-3243	61	5	the	the	DET
fsr-3243	61	6	constant	constant	ADJ
fsr-3243	61	7	amount	amount	NOUN
fsr-3243	61	8	that	that	PRON
fsr-3243	61	9	will	will	AUX
fsr-3243	61	10	draw	draw	VERB
fsr-3243	61	11	the	the	DET
fsr-3243	61	12	account	account	NOUN
fsr-3243	61	13	down	down	ADP
fsr-3243	61	14	to	to	ADP
fsr-3243	61	15	the	the	DET
fsr-3243	61	16	desired	desire	VERB
fsr-3243	61	17	final	final	ADJ
fsr-3243	61	18	balance	balance	NOUN
fsr-3243	61	19	if	if	SCONJ
fsr-3243	61	20	the	the	DET
fsr-3243	61	21	investment	investment	NOUN
fsr-3243	61	22	account	account	NOUN
fsr-3243	61	23	provides	provide	VERB
fsr-3243	61	24	,	,	PUNCT
fsr-3243	61	25	for	for	ADP
fsr-3243	61	26	example	example	NOUN
fsr-3243	61	27	,	,	PUNCT
fsr-3243	61	28	a	a	DET
fsr-3243	61	29	5	5	NUM
fsr-3243	61	30	%	%	NOUN
fsr-3243	61	31	return	return	NOUN
fsr-3243	61	32	in	in	ADP
fsr-3243	61	33	the	the	DET
fsr-3243	61	34	first	first	ADJ
fsr-3243	61	35	year	year	NOUN
fsr-3243	61	36	,	,	PUNCT
fsr-3243	61	37	3	3	NUM
fsr-3243	61	38	%	%	NOUN
fsr-3243	61	39	in	in	ADP
fsr-3243	61	40	the	the	DET
fsr-3243	61	41	second	second	ADJ
fsr-3243	61	42	year	year	NOUN
fsr-3243	61	43	,	,	PUNCT
fsr-3243	61	44	minus	minus	CCONJ
fsr-3243	61	45	6	6	NUM
fsr-3243	61	46	%	%	NOUN
fsr-3243	61	47	in	in	ADP
fsr-3243	61	48	the	the	DET
fsr-3243	61	49	third	third	ADJ
fsr-3243	61	50	year	year	NOUN
fsr-3243	61	51	,	,	PUNCT
fsr-3243	61	52	and	and	CCONJ
fsr-3243	61	53	so	so	ADV
fsr-3243	61	54	forth	forth	ADV
fsr-3243	61	55	,	,	PUNCT
fsr-3243	61	56	or	or	CCONJ
fsr-3243	61	57	any	any	DET
fsr-3243	61	58	other	other	ADJ
fsr-3243	61	59	particular	particular	ADJ
fsr-3243	61	60	sequence	sequence	NOUN
fsr-3243	61	61	of	of	ADP
fsr-3243	61	62	annual	annual	ADJ
fsr-3243	61	63	returns	return	NOUN
fsr-3243	61	64	.	.	PUNCT
fsr-3243	62	1	this	this	DET
fsr-3243	62	2	figure	figure	NOUN
fsr-3243	62	3	we	we	PRON
fsr-3243	62	4	call	call	VERB
fsr-3243	62	5	the	the	DET
fsr-3243	62	6	pwa	pwa	PROPN
fsr-3243	62	7	.	.	PUNCT
fsr-3243	63	1	if	if	SCONJ
fsr-3243	63	2	one	one	NUM
fsr-3243	63	3	were	be	AUX
fsr-3243	63	4	to	to	PART
fsr-3243	63	5	know	know	VERB
fsr-3243	63	6	in	in	ADP
fsr-3243	63	7	advance	advance	NOUN
fsr-3243	63	8	the	the	DET
fsr-3243	63	9	sequence	sequence	NOUN
fsr-3243	63	10	of	of	ADP
fsr-3243	63	11	returns	return	NOUN
fsr-3243	63	12	that	that	PRON
fsr-3243	63	13	will	will	AUX
fsr-3243	63	14	come	come	VERB
fsr-3243	63	15	up	up	ADP
fsr-3243	63	16	in	in	ADP
fsr-3243	63	17	the	the	DET
fsr-3243	63	18	planning	planning	NOUN
fsr-3243	63	19	horizon	horizon	NOUN
fsr-3243	63	20	,	,	PUNCT
fsr-3243	63	21	one	one	PRON
fsr-3243	63	22	would	would	AUX
fsr-3243	63	23	compute	compute	VERB
fsr-3243	63	24	the	the	DET
fsr-3243	63	25	pwa	pwa	PROPN
fsr-3243	63	26	,	,	PUNCT
fsr-3243	63	27	withdraw	withdraw	VERB
fsr-3243	63	28	that	that	DET
fsr-3243	63	29	amount	amount	NOUN
fsr-3243	63	30	,	,	PUNCT
fsr-3243	63	31	and	and	CCONJ
fsr-3243	63	32	reach	reach	VERB
fsr-3243	63	33	the	the	DET
fsr-3243	63	34	desired	desire	VERB
fsr-3243	63	35	final	final	ADJ
fsr-3243	63	36	balance	balance	NOUN
fsr-3243	63	37	exactly	exactly	ADV
fsr-3243	63	38	and	and	CCONJ
fsr-3243	63	39	just	just	ADV
fsr-3243	63	40	in	in	ADP
fsr-3243	63	41	time.3	time.3	PROPN
fsr-3243	63	42	to	to	PART
fsr-3243	63	43	provide	provide	VERB
fsr-3243	63	44	a	a	DET
fsr-3243	63	45	concrete	concrete	ADJ
fsr-3243	63	46	example	example	NOUN
fsr-3243	63	47	of	of	ADP
fsr-3243	63	48	the	the	DET
fsr-3243	63	49	relationship	relationship	NOUN
fsr-3243	63	50	between	between	ADP
fsr-3243	63	51	a	a	DET
fsr-3243	63	52	sequence	sequence	NOUN
fsr-3243	63	53	of	of	ADP
fsr-3243	63	54	returns	return	NOUN
fsr-3243	63	55	and	and	CCONJ
fsr-3243	63	56	its	its	PRON
fsr-3243	63	57	corresponding	corresponding	ADJ
fsr-3243	63	58	pwa	pwa	PROPN
fsr-3243	63	59	,	,	PUNCT
fsr-3243	63	60	we	we	PRON
fsr-3243	63	61	will	will	AUX
fsr-3243	63	62	use	use	VERB
fsr-3243	63	63	one	one	NUM
fsr-3243	63	64	of	of	ADP
fsr-3243	63	65	the	the	DET
fsr-3243	63	66	estimation	estimation	NOUN
fsr-3243	63	67	runs	run	NOUN
fsr-3243	63	68	involved	involve	VERB
fsr-3243	63	69	in	in	ADP
fsr-3243	63	70	the	the	DET
fsr-3243	63	71	exercise	exercise	NOUN
fsr-3243	63	72	presented	present	VERB
fsr-3243	63	73	in	in	ADP
fsr-3243	63	74	the	the	DET
fsr-3243	63	75	next	next	ADJ
fsr-3243	63	76	section	section	NOUN
fsr-3243	63	77	to	to	PART
fsr-3243	63	78	provide	provide	VERB
fsr-3243	63	79	a	a	DET
fsr-3243	63	80	numerical	numerical	ADJ
fsr-3243	63	81	illustration	illustration	NOUN
fsr-3243	63	82	.	.	PUNCT
fsr-3243	64	1	suppose	suppose	VERB
fsr-3243	64	2	that	that	SCONJ
fsr-3243	64	3	the	the	DET
fsr-3243	64	4	retirement	retirement	NOUN
fsr-3243	64	5	period	period	NOUN
fsr-3243	64	6	is	be	AUX
fsr-3243	64	7	just	just	ADV
fsr-3243	64	8	starting	start	VERB
fsr-3243	64	9	out	out	ADP
fsr-3243	64	10	and	and	CCONJ
fsr-3243	64	11	that	that	SCONJ
fsr-3243	64	12	we	we	PRON
fsr-3243	64	13	know	know	VERB
fsr-3243	64	14	in	in	ADP
fsr-3243	64	15	advance	advance	NOUN
fsr-3243	64	16	that	that	SCONJ
fsr-3243	64	17	in	in	ADP
fsr-3243	64	18	the	the	DET
fsr-3243	64	19	next	next	ADJ
fsr-3243	64	20	30	30	NUM
fsr-3243	64	21	years	year	NOUN
fsr-3243	64	22	our	our	PRON
fsr-3243	64	23	investment	investment	NOUN
fsr-3243	64	24	account	account	NOUN
fsr-3243	64	25	will	will	AUX
fsr-3243	64	26	yield	yield	VERB
fsr-3243	64	27	the	the	DET
fsr-3243	64	28	returns	return	NOUN
fsr-3243	64	29	presented	present	VERB
fsr-3243	64	30	in	in	ADP
fsr-3243	64	31	fig	fig	NOUN
fsr-3243	64	32	.	.	PUNCT
fsr-3243	65	1	1	1	X
fsr-3243	65	2	.	.	X
fsr-3243	65	3	fig	fig	NOUN
fsr-3243	65	4	.	.	PUNCT
fsr-3243	66	1	1	1	X
fsr-3243	66	2	.	.	X
fsr-3243	66	3	sequence	sequence	NOUN
fsr-3243	66	4	of	of	ADP
fsr-3243	66	5	returns	return	NOUN
fsr-3243	66	6	produced	produce	VERB
fsr-3243	66	7	by	by	ADP
fsr-3243	66	8	monte	monte	PROPN
fsr-3243	66	9	carlo	carlo	PROPN
fsr-3243	66	10	engine	engine	NOUN
fsr-3243	66	11	through	through	ADP
fsr-3243	66	12	random	random	ADJ
fsr-3243	66	13	drawing	drawing	NOUN
fsr-3243	66	14	from	from	ADP
fsr-3243	66	15	s&p	s&p	PROPN
fsr-3243	66	16	500	500	NUM
fsr-3243	66	17	historical	historical	ADJ
fsr-3243	66	18	data	datum	NOUN
fsr-3243	66	19	.	.	PUNCT
fsr-3243	67	1	334	334	NUM
fsr-3243	67	2	e.d	e.d	PROPN
fsr-3243	67	3	.	.	PROPN
fsr-3243	67	4	suarez	suarez	PROPN
fsr-3243	67	5	et	et	PROPN
fsr-3243	67	6	al	al	PROPN
fsr-3243	67	7	.	.	PUNCT
fsr-3243	67	8	/	/	SYM
fsr-3243	67	9	financial	financial	ADJ
fsr-3243	67	10	services	service	NOUN
fsr-3243	67	11	review	review	VERB
fsr-3243	67	12	24	24	NUM
fsr-3243	67	13	(	(	PUNCT
fsr-3243	67	14	2015	2015	NUM
fsr-3243	67	15	)	)	PUNCT
fsr-3243	67	16	331–357	331–357	NUM
fsr-3243	67	17	then	then	ADV
fsr-3243	67	18	,	,	PUNCT
fsr-3243	67	19	assuming	assume	VERB
fsr-3243	67	20	that	that	SCONJ
fsr-3243	67	21	we	we	PRON
fsr-3243	67	22	want	want	VERB
fsr-3243	67	23	to	to	PART
fsr-3243	67	24	exhaust	exhaust	VERB
fsr-3243	67	25	our	our	PRON
fsr-3243	67	26	account	account	NOUN
fsr-3243	67	27	in	in	ADP
fsr-3243	67	28	full	full	ADJ
fsr-3243	67	29	(	(	PUNCT
fsr-3243	67	30	no	no	DET
fsr-3243	67	31	inheritance	inheritance	NOUN
fsr-3243	67	32	)	)	PUNCT
fsr-3243	67	33	in	in	ADP
fsr-3243	67	34	30	30	NUM
fsr-3243	67	35	years	year	NOUN
fsr-3243	67	36	,	,	PUNCT
fsr-3243	67	37	eq	eq	NOUN
fsr-3243	67	38	.	.	PUNCT
fsr-3243	68	1	(	(	PUNCT
fsr-3243	68	2	3	3	X
fsr-3243	68	3	)	)	PUNCT
fsr-3243	68	4	indicates	indicate	VERB
fsr-3243	68	5	that	that	SCONJ
fsr-3243	68	6	each	each	DET
fsr-3243	68	7	year	year	NOUN
fsr-3243	68	8	we	we	PRON
fsr-3243	68	9	should	should	AUX
fsr-3243	68	10	withdraw	withdraw	VERB
fsr-3243	68	11	exactly	exactly	ADV
fsr-3243	68	12	7.2556	7.2556	NUM
fsr-3243	68	13	cents	cent	NOUN
fsr-3243	68	14	per	per	ADP
fsr-3243	68	15	dollar	dollar	NOUN
fsr-3243	68	16	of	of	ADP
fsr-3243	68	17	initial	initial	ADJ
fsr-3243	68	18	balance	balance	NOUN
fsr-3243	68	19	.	.	PUNCT
fsr-3243	69	1	fig	fig	NOUN
fsr-3243	69	2	.	.	PUNCT
fsr-3243	70	1	2	2	NUM
fsr-3243	70	2	confirms	confirm	VERB
fsr-3243	70	3	.	.	PUNCT
fsr-3243	71	1	therefore	therefore	ADV
fsr-3243	71	2	,	,	PUNCT
fsr-3243	71	3	with	with	ADP
fsr-3243	71	4	$	$	SYM
fsr-3243	71	5	1	1	NUM
fsr-3243	71	6	million	million	NUM
fsr-3243	71	7	as	as	ADP
fsr-3243	71	8	starting	start	VERB
fsr-3243	71	9	balance	balance	NOUN
fsr-3243	71	10	and	and	CCONJ
fsr-3243	71	11	a	a	DET
fsr-3243	71	12	final	final	ADJ
fsr-3243	71	13	balance	balance	NOUN
fsr-3243	71	14	goal	goal	NOUN
fsr-3243	71	15	of	of	ADP
fsr-3243	71	16	zero	zero	NUM
fsr-3243	71	17	,	,	PUNCT
fsr-3243	71	18	$	$	SYM
fsr-3243	71	19	72,556	72,556	NUM
fsr-3243	71	20	is	be	AUX
fsr-3243	71	21	the	the	DET
fsr-3243	71	22	perfect	perfect	ADJ
fsr-3243	71	23	withdrawal	withdrawal	NOUN
fsr-3243	71	24	amount	amount	NOUN
fsr-3243	71	25	for	for	ADP
fsr-3243	71	26	this	this	DET
fsr-3243	71	27	sequence	sequence	NOUN
fsr-3243	71	28	of	of	ADP
fsr-3243	71	29	returns	return	NOUN
fsr-3243	71	30	.	.	PUNCT
fsr-3243	72	1	we	we	PRON
fsr-3243	72	2	withdraw	withdraw	VERB
fsr-3243	72	3	the	the	DET
fsr-3243	72	4	same	same	ADJ
fsr-3243	72	5	amount	amount	NOUN
fsr-3243	72	6	every	every	DET
fsr-3243	72	7	year	year	NOUN
fsr-3243	72	8	and	and	CCONJ
fsr-3243	72	9	reach	reach	VERB
fsr-3243	72	10	our	our	PRON
fsr-3243	72	11	desired	desire	VERB
fsr-3243	72	12	final	final	ADJ
fsr-3243	72	13	balance	balance	NOUN
fsr-3243	72	14	with	with	ADP
fsr-3243	72	15	no	no	DET
fsr-3243	72	16	ups	up	NOUN
fsr-3243	72	17	and	and	CCONJ
fsr-3243	72	18	downs	down	NOUN
fsr-3243	72	19	in	in	ADP
fsr-3243	72	20	the	the	DET
fsr-3243	72	21	income	income	NOUN
fsr-3243	72	22	stream	stream	NOUN
fsr-3243	72	23	,	,	PUNCT
fsr-3243	72	24	no	no	DET
fsr-3243	72	25	portfolio	portfolio	NOUN
fsr-3243	72	26	failure	failure	NOUN
fsr-3243	72	27	,	,	PUNCT
fsr-3243	72	28	and	and	CCONJ
fsr-3243	72	29	no	no	DET
fsr-3243	72	30	surplus	surplus	NOUN
fsr-3243	72	31	.	.	PUNCT
fsr-3243	73	1	in	in	ADP
fsr-3243	73	2	this	this	DET
fsr-3243	73	3	manner	manner	NOUN
fsr-3243	73	4	we	we	PRON
fsr-3243	73	5	are	be	AUX
fsr-3243	73	6	characterizing	characterize	VERB
fsr-3243	73	7	every	every	DET
fsr-3243	73	8	sequence	sequence	NOUN
fsr-3243	73	9	of	of	ADP
fsr-3243	73	10	returns	return	NOUN
fsr-3243	73	11	using	use	VERB
fsr-3243	73	12	one	one	NUM
fsr-3243	73	13	particular	particular	ADJ
fsr-3243	73	14	figure	figure	NOUN
fsr-3243	73	15	:	:	PUNCT
fsr-3243	73	16	the	the	DET
fsr-3243	73	17	corresponding	correspond	VERB
fsr-3243	73	18	pwa	pwa	PROPN
fsr-3243	73	19	.	.	PUNCT
fsr-3243	74	1	therefore	therefore	ADV
fsr-3243	74	2	,	,	PUNCT
fsr-3243	74	3	from	from	ADP
fsr-3243	74	4	here	here	ADV
fsr-3243	74	5	we	we	PRON
fsr-3243	74	6	argue	argue	VERB
fsr-3243	74	7	that	that	SCONJ
fsr-3243	74	8	the	the	DET
fsr-3243	74	9	retirement	retirement	NOUN
fsr-3243	74	10	withdrawal	withdrawal	NOUN
fsr-3243	74	11	question	question	NOUN
fsr-3243	74	12	is	be	AUX
fsr-3243	74	13	,	,	PUNCT
fsr-3243	74	14	at	at	ADP
fsr-3243	74	15	its	its	PRON
fsr-3243	74	16	core	core	NOUN
fsr-3243	74	17	,	,	PUNCT
fsr-3243	74	18	a	a	DET
fsr-3243	74	19	matter	matter	NOUN
fsr-3243	74	20	of	of	ADP
fsr-3243	74	21	“	"	PUNCT
fsr-3243	74	22	guessing	guess	VERB
fsr-3243	74	23	”	"	PUNCT
fsr-3243	74	24	what	what	PRON
fsr-3243	74	25	the	the	DET
fsr-3243	74	26	pwa	pwa	PROPN
fsr-3243	74	27	will	will	AUX
fsr-3243	74	28	turn	turn	VERB
fsr-3243	74	29	out	out	ADP
fsr-3243	74	30	to	to	PART
fsr-3243	74	31	be	be	AUX
fsr-3243	74	32	(	(	PUNCT
fsr-3243	74	33	eventually	eventually	ADV
fsr-3243	74	34	)	)	PUNCT
fsr-3243	74	35	fig	fig	NOUN
fsr-3243	74	36	.	.	PUNCT
fsr-3243	75	1	2	2	X
fsr-3243	75	2	.	.	X
fsr-3243	75	3	arithmetical	arithmetical	ADJ
fsr-3243	75	4	confirmation	confirmation	NOUN
fsr-3243	75	5	that	that	SCONJ
fsr-3243	75	6	the	the	DET
fsr-3243	75	7	pwa	pwa	PROPN
fsr-3243	75	8	for	for	ADP
fsr-3243	75	9	the	the	DET
fsr-3243	75	10	sequence	sequence	NOUN
fsr-3243	75	11	in	in	ADP
fsr-3243	75	12	fig	fig	NOUN
fsr-3243	75	13	.	.	PUNCT
fsr-3243	75	14	1	1	NUM
fsr-3243	75	15	,	,	PUNCT
fsr-3243	75	16	when	when	SCONJ
fsr-3243	75	17	operating	operate	VERB
fsr-3243	75	18	on	on	ADP
fsr-3243	75	19	$	$	SYM
fsr-3243	75	20	1	1	NUM
fsr-3243	75	21	million	million	NUM
fsr-3243	75	22	starting	start	VERB
fsr-3243	75	23	balance	balance	NOUN
fsr-3243	75	24	and	and	CCONJ
fsr-3243	75	25	aiming	aim	VERB
fsr-3243	75	26	for	for	ADP
fsr-3243	75	27	$	$	SYM
fsr-3243	75	28	0	0	NUM
fsr-3243	75	29	ending	end	VERB
fsr-3243	75	30	balance	balance	NOUN
fsr-3243	75	31	,	,	PUNCT
fsr-3243	75	32	is	be	AUX
fsr-3243	75	33	$	$	SYM
fsr-3243	75	34	72,556	72,556	NUM
fsr-3243	75	35	.	.	PUNCT
fsr-3243	76	1	335e.d	335e.d	NUM
fsr-3243	76	2	.	.	PUNCT
fsr-3243	77	1	suarez	suarez	PROPN
fsr-3243	77	2	et	et	PROPN
fsr-3243	77	3	al	al	PROPN
fsr-3243	77	4	.	.	PUNCT
fsr-3243	77	5	/	/	SYM
fsr-3243	77	6	financial	financial	ADJ
fsr-3243	77	7	services	service	NOUN
fsr-3243	77	8	review	review	VERB
fsr-3243	77	9	24	24	NUM
fsr-3243	77	10	(	(	PUNCT
fsr-3243	77	11	2015	2015	NUM
fsr-3243	77	12	)	)	PUNCT
fsr-3243	77	13	331–357	331–357	NUM
fsr-3243	77	14	for	for	ADP
fsr-3243	77	15	each	each	DET
fsr-3243	77	16	retiree	retiree	NOUN
fsr-3243	77	17	’s	’s	PART
fsr-3243	77	18	portfolio	portfolio	NOUN
fsr-3243	77	19	and	and	CCONJ
fsr-3243	77	20	objectives	objective	NOUN
fsr-3243	77	21	.	.	PUNCT
fsr-3243	78	1	the	the	DET
fsr-3243	78	2	methodology	methodology	NOUN
fsr-3243	78	3	presented	present	VERB
fsr-3243	78	4	here	here	ADV
fsr-3243	78	5	can	can	AUX
fsr-3243	78	6	then	then	ADV
fsr-3243	78	7	be	be	AUX
fsr-3243	78	8	understood	understand	VERB
fsr-3243	78	9	as	as	ADP
fsr-3243	78	10	a	a	DET
fsr-3243	78	11	way	way	NOUN
fsr-3243	78	12	to	to	PART
fsr-3243	78	13	go	go	VERB
fsr-3243	78	14	about	about	ADP
fsr-3243	78	15	this	this	DET
fsr-3243	78	16	guessing	guess	VERB
fsr-3243	78	17	in	in	ADP
fsr-3243	78	18	a	a	DET
fsr-3243	78	19	statistically	statistically	ADV
fsr-3243	78	20	sound	sound	ADJ
fsr-3243	78	21	way	way	NOUN
fsr-3243	78	22	.	.	PUNCT
fsr-3243	79	1	specifically	specifically	ADV
fsr-3243	79	2	,	,	PUNCT
fsr-3243	79	3	our	our	PRON
fsr-3243	79	4	problem	problem	NOUN
fsr-3243	79	5	now	now	ADV
fsr-3243	79	6	becomes	become	VERB
fsr-3243	79	7	how	how	SCONJ
fsr-3243	79	8	to	to	PART
fsr-3243	79	9	estimate	estimate	VERB
fsr-3243	79	10	the	the	DET
fsr-3243	79	11	probability	probability	NOUN
fsr-3243	79	12	distribution	distribution	NOUN
fsr-3243	79	13	for	for	ADP
fsr-3243	79	14	pwas	pwa	VERB
fsr-3243	79	15	from	from	ADP
fsr-3243	79	16	the	the	DET
fsr-3243	79	17	probability	probability	NOUN
fsr-3243	79	18	distribution	distribution	NOUN
fsr-3243	79	19	for	for	ADP
fsr-3243	79	20	the	the	DET
fsr-3243	79	21	returns	return	NOUN
fsr-3243	79	22	on	on	ADP
fsr-3243	79	23	the	the	DET
fsr-3243	79	24	assets	asset	NOUN
fsr-3243	79	25	held	hold	VERB
fsr-3243	79	26	in	in	ADP
fsr-3243	79	27	the	the	DET
fsr-3243	79	28	retirement	retirement	NOUN
fsr-3243	79	29	account	account	NOUN
fsr-3243	79	30	.	.	PUNCT
fsr-3243	80	1	before	before	ADP
fsr-3243	80	2	moving	move	VERB
fsr-3243	80	3	on	on	ADP
fsr-3243	80	4	to	to	PART
fsr-3243	80	5	explore	explore	VERB
fsr-3243	80	6	how	how	SCONJ
fsr-3243	80	7	to	to	PART
fsr-3243	80	8	derive	derive	VERB
fsr-3243	80	9	the	the	DET
fsr-3243	80	10	pwas	pwa	VERB
fsr-3243	80	11	distribution	distribution	NOUN
fsr-3243	80	12	,	,	PUNCT
fsr-3243	80	13	we	we	PRON
fsr-3243	80	14	should	should	AUX
fsr-3243	80	15	mention	mention	VERB
fsr-3243	80	16	several	several	ADJ
fsr-3243	80	17	results	result	NOUN
fsr-3243	80	18	provided	provide	VERB
fsr-3243	80	19	by	by	ADP
fsr-3243	80	20	our	our	PRON
fsr-3243	80	21	approach	approach	NOUN
fsr-3243	80	22	even	even	ADV
fsr-3243	80	23	at	at	ADP
fsr-3243	80	24	this	this	DET
fsr-3243	80	25	early	early	ADJ
fsr-3243	80	26	stage	stage	NOUN
fsr-3243	80	27	.	.	PUNCT
fsr-3243	81	1	first	first	ADV
fsr-3243	81	2	,	,	PUNCT
fsr-3243	81	3	eq	eq	ADJ
fsr-3243	81	4	.	.	PUNCT
fsr-3243	82	1	(	(	PUNCT
fsr-3243	82	2	3	3	X
fsr-3243	82	3	)	)	PUNCT
fsr-3243	82	4	can	can	AUX
fsr-3243	82	5	be	be	AUX
fsr-3243	82	6	restated	restate	VERB
fsr-3243	82	7	in	in	ADP
fsr-3243	82	8	a	a	DET
fsr-3243	82	9	particularly	particularly	ADV
fsr-3243	82	10	useful	useful	ADJ
fsr-3243	82	11	way	way	NOUN
fsr-3243	82	12	.	.	PUNCT
fsr-3243	83	1	the	the	DET
fsr-3243	83	2	term	term	NOUN
fsr-3243	83	3	�	�	PROPN
fsr-3243	83	4	i	i	PRON
fsr-3243	83	5	�	�	PROPN
fsr-3243	83	6	1	1	NUM
fsr-3243	83	7	n	n	PROPN
fsr-3243	83	8	(	(	PUNCT
fsr-3243	83	9	1	1	NUM
fsr-3243	83	10	�	�	PROPN
fsr-3243	83	11	ri	ri	PROPN
fsr-3243	83	12	)	)	PUNCT
fsr-3243	83	13	in	in	ADP
fsr-3243	83	14	the	the	DET
fsr-3243	83	15	numerator	numerator	NOUN
fsr-3243	83	16	is	be	AUX
fsr-3243	83	17	simply	simply	ADV
fsr-3243	83	18	the	the	DET
fsr-3243	83	19	cumulative	cumulative	ADJ
fsr-3243	83	20	return	return	NOUN
fsr-3243	83	21	over	over	ADP
fsr-3243	83	22	the	the	DET
fsr-3243	83	23	entire	entire	ADJ
fsr-3243	83	24	retirement	retirement	NOUN
fsr-3243	83	25	period	period	NOUN
fsr-3243	83	26	,	,	PUNCT
fsr-3243	83	27	so	so	SCONJ
fsr-3243	83	28	we	we	PRON
fsr-3243	83	29	’ll	’ll	AUX
fsr-3243	83	30	now	now	ADV
fsr-3243	83	31	call	call	VERB
fsr-3243	83	32	it	it	PRON
fsr-3243	83	33	rn	rn	PROPN
fsr-3243	83	34	.	.	PUNCT
fsr-3243	84	1	we	we	PRON
fsr-3243	84	2	keep	keep	VERB
fsr-3243	84	3	the	the	DET
fsr-3243	84	4	subscript	subscript	NOUN
fsr-3243	84	5	n	n	PART
fsr-3243	84	6	to	to	PART
fsr-3243	84	7	underscore	underscore	VERB
fsr-3243	84	8	the	the	DET
fsr-3243	84	9	fact	fact	NOUN
fsr-3243	84	10	that	that	SCONJ
fsr-3243	84	11	this	this	PRON
fsr-3243	84	12	is	be	AUX
fsr-3243	84	13	the	the	DET
fsr-3243	84	14	total	total	ADJ
fsr-3243	84	15	return	return	NOUN
fsr-3243	84	16	,	,	PUNCT
fsr-3243	84	17	not	not	PART
fsr-3243	84	18	the	the	DET
fsr-3243	84	19	average	average	ADJ
fsr-3243	84	20	,	,	PUNCT
fsr-3243	84	21	and	and	CCONJ
fsr-3243	84	22	thus	thus	ADV
fsr-3243	84	23	it	it	PRON
fsr-3243	84	24	depends	depend	VERB
fsr-3243	84	25	on	on	ADP
fsr-3243	84	26	the	the	DET
fsr-3243	84	27	length	length	NOUN
fsr-3243	84	28	of	of	ADP
fsr-3243	84	29	the	the	DET
fsr-3243	84	30	planning	planning	NOUN
fsr-3243	84	31	horizon	horizon	NOUN
fsr-3243	84	32	.	.	PUNCT
fsr-3243	85	1	the	the	DET
fsr-3243	85	2	denominator	denominator	NOUN
fsr-3243	85	3	,	,	PUNCT
fsr-3243	85	4	in	in	ADP
fsr-3243	85	5	turn	turn	NOUN
fsr-3243	85	6	,	,	PUNCT
fsr-3243	85	7	can	can	AUX
fsr-3243	85	8	be	be	AUX
fsr-3243	85	9	interpreted	interpret	VERB
fsr-3243	85	10	as	as	ADP
fsr-3243	85	11	a	a	DET
fsr-3243	85	12	measure	measure	NOUN
fsr-3243	85	13	of	of	ADP
fsr-3243	85	14	sequencing	sequence	VERB
fsr-3243	85	15	risk	risk	NOUN
fsr-3243	85	16	:	:	PUNCT
fsr-3243	85	17	�	�	PROPN
fsr-3243	85	18	i	i	PRON
fsr-3243	85	19	�	�	NOUN
fsr-3243	85	20	1	1	NUM
fsr-3243	85	21	n	n	PROPN
fsr-3243	85	22	�	�	PROPN
fsr-3243	85	23	j	j	PROPN
fsr-3243	85	24	�	�	PROPN
fsr-3243	85	25	i	i	PRON
fsr-3243	85	26	n	n	PROPN
fsr-3243	85	27	(	(	PUNCT
fsr-3243	85	28	1	1	NUM
fsr-3243	85	29	�	�	PROPN
fsr-3243	85	30	rj	rj	PROPN
fsr-3243	85	31	)	)	PUNCT
fsr-3243	85	32	�	�	PROPN
fsr-3243	85	33	(	(	PUNCT
fsr-3243	85	34	1	1	NUM
fsr-3243	85	35	�	�	PROPN
fsr-3243	85	36	r1	r1	PROPN
fsr-3243	85	37	)	)	PUNCT
fsr-3243	85	38	(	(	PUNCT
fsr-3243	85	39	1	1	NUM
fsr-3243	85	40	�	�	PROPN
fsr-3243	85	41	r2	r2	PROPN
fsr-3243	85	42	)	)	PUNCT
fsr-3243	85	43	(	(	PUNCT
fsr-3243	85	44	1	1	NUM
fsr-3243	85	45	�	�	PROPN
fsr-3243	85	46	r3	r3	PROPN
fsr-3243	85	47	)	)	PUNCT
fsr-3243	85	48	.	.	PUNCT
fsr-3243	85	49	.	.	PUNCT
fsr-3243	85	50	.	.	PUNCT
fsr-3243	86	1	(	(	PUNCT
fsr-3243	86	2	1	1	NUM
fsr-3243	86	3	�	�	PROPN
fsr-3243	86	4	rn	rn	PROPN
fsr-3243	86	5	)	)	PUNCT
fsr-3243	86	6	�	�	PROPN
fsr-3243	86	7	(	(	PUNCT
fsr-3243	86	8	1	1	NUM
fsr-3243	86	9	�	�	PROPN
fsr-3243	86	10	r2	r2	PROPN
fsr-3243	86	11	)	)	PUNCT
fsr-3243	86	12	(	(	PUNCT
fsr-3243	86	13	1	1	NUM
fsr-3243	86	14	�	�	PROPN
fsr-3243	86	15	r3	r3	PROPN
fsr-3243	86	16	)	)	PUNCT
fsr-3243	86	17	.	.	PUNCT
fsr-3243	86	18	.	.	PUNCT
fsr-3243	86	19	.	.	PUNCT
fsr-3243	87	1	(	(	PUNCT
fsr-3243	87	2	1	1	NUM
fsr-3243	87	3	�	�	PROPN
fsr-3243	87	4	rn	rn	PROPN
fsr-3243	87	5	)	)	PUNCT
fsr-3243	87	6	�	�	PROPN
fsr-3243	87	7	(	(	PUNCT
fsr-3243	87	8	1	1	NUM
fsr-3243	87	9	�	�	PROPN
fsr-3243	87	10	r3	r3	PROPN
fsr-3243	87	11	)	)	PUNCT
fsr-3243	87	12	(	(	PUNCT
fsr-3243	87	13	1	1	NUM
fsr-3243	87	14	�	�	PROPN
fsr-3243	87	15	r4	r4	PROPN
fsr-3243	87	16	)	)	PUNCT
fsr-3243	87	17	.	.	PUNCT
fsr-3243	87	18	.	.	PUNCT
fsr-3243	87	19	.	.	PUNCT
fsr-3243	88	1	(	(	PUNCT
fsr-3243	88	2	1	1	NUM
fsr-3243	88	3	�	�	PROPN
fsr-3243	88	4	rn	rn	PROPN
fsr-3243	88	5	)	)	PUNCT
fsr-3243	88	6	�	�	PROPN
fsr-3243	88	7	.	.	PUNCT
fsr-3243	88	8	.	.	PUNCT
fsr-3243	88	9	.	.	PUNCT
fsr-3243	89	1	�	�	PROPN
fsr-3243	89	2	(	(	PUNCT
fsr-3243	89	3	1	1	NUM
fsr-3243	89	4	�	�	PROPN
fsr-3243	89	5	rn	rn	PROPN
fsr-3243	89	6	�	�	PROPN
fsr-3243	89	7	1	1	NUM
fsr-3243	89	8	)	)	PUNCT
fsr-3243	89	9	(	(	PUNCT
fsr-3243	89	10	1	1	NUM
fsr-3243	89	11	�	�	PROPN
fsr-3243	89	12	rn	rn	PROPN
fsr-3243	89	13	)	)	PUNCT
fsr-3243	89	14	�	�	PROPN
fsr-3243	89	15	(	(	PUNCT
fsr-3243	89	16	1	1	NUM
fsr-3243	89	17	�	�	PROPN
fsr-3243	89	18	rn	rn	PROPN
fsr-3243	89	19	)	)	PUNCT
fsr-3243	89	20	(	(	PUNCT
fsr-3243	89	21	4	4	X
fsr-3243	89	22	)	)	PUNCT
fsr-3243	89	23	we	we	PRON
fsr-3243	89	24	note	note	VERB
fsr-3243	89	25	that	that	SCONJ
fsr-3243	89	26	,	,	PUNCT
fsr-3243	89	27	for	for	ADP
fsr-3243	89	28	any	any	DET
fsr-3243	89	29	given	give	VERB
fsr-3243	89	30	(	(	PUNCT
fsr-3243	89	31	unordered	unordered	ADJ
fsr-3243	89	32	)	)	PUNCT
fsr-3243	89	33	set	set	NOUN
fsr-3243	89	34	of	of	ADP
fsr-3243	89	35	rates	rate	NOUN
fsr-3243	89	36	,	,	PUNCT
fsr-3243	89	37	this	this	DET
fsr-3243	89	38	expression	expression	NOUN
fsr-3243	89	39	decreases	decrease	VERB
fsr-3243	89	40	if	if	SCONJ
fsr-3243	89	41	“	"	PUNCT
fsr-3243	89	42	big	big	ADJ
fsr-3243	89	43	”	"	PUNCT
fsr-3243	89	44	rates	rate	NOUN
fsr-3243	89	45	show	show	VERB
fsr-3243	89	46	up	up	ADP
fsr-3243	89	47	at	at	ADP
fsr-3243	89	48	the	the	DET
fsr-3243	89	49	beginning	beginning	NOUN
fsr-3243	89	50	of	of	ADP
fsr-3243	89	51	the	the	DET
fsr-3243	89	52	retirement	retirement	NOUN
fsr-3243	89	53	period	period	NOUN
fsr-3243	89	54	and	and	CCONJ
fsr-3243	89	55	“	"	PUNCT
fsr-3243	89	56	small	small	ADJ
fsr-3243	89	57	”	"	PUNCT
fsr-3243	89	58	rates	rate	NOUN
fsr-3243	89	59	show	show	VERB
fsr-3243	89	60	up	up	ADP
fsr-3243	89	61	at	at	ADP
fsr-3243	89	62	the	the	DET
fsr-3243	89	63	end	end	NOUN
fsr-3243	89	64	,	,	PUNCT
fsr-3243	89	65	because	because	SCONJ
fsr-3243	89	66	the	the	DET
fsr-3243	89	67	last	last	ADJ
fsr-3243	89	68	rates	rate	NOUN
fsr-3243	89	69	appear	appear	VERB
fsr-3243	89	70	more	more	ADJ
fsr-3243	89	71	times	time	NOUN
fsr-3243	89	72	than	than	ADP
fsr-3243	89	73	the	the	DET
fsr-3243	89	74	first	first	ADJ
fsr-3243	89	75	rates	rate	NOUN
fsr-3243	89	76	in	in	ADP
fsr-3243	89	77	the	the	DET
fsr-3243	89	78	summation	summation	NOUN
fsr-3243	89	79	.	.	PUNCT
fsr-3243	90	1	to	to	PART
fsr-3243	90	2	make	make	VERB
fsr-3243	90	3	the	the	DET
fsr-3243	90	4	interpretation	interpretation	NOUN
fsr-3243	90	5	more	more	ADV
fsr-3243	90	6	natural	natural	ADJ
fsr-3243	90	7	,	,	PUNCT
fsr-3243	90	8	we	we	PRON
fsr-3243	90	9	’ll	’ll	AUX
fsr-3243	90	10	say	say	VERB
fsr-3243	90	11	that	that	SCONJ
fsr-3243	90	12	it	it	PRON
fsr-3243	90	13	is	be	AUX
fsr-3243	90	14	the	the	DET
fsr-3243	90	15	reciprocal	reciprocal	ADJ
fsr-3243	90	16	�	�	PROPN
fsr-3243	90	17	1/	1/	NUM
fsr-3243	90	18	�	�	PROPN
fsr-3243	90	19	i	i	PRON
fsr-3243	90	20	�	�	PROPN
fsr-3243	90	21	1	1	NUM
fsr-3243	90	22	n	n	PRON
fsr-3243	90	23	�	�	PROPN
fsr-3243	90	24	j	j	PROPN
fsr-3243	90	25	�	�	PROPN
fsr-3243	90	26	i	i	PRON
fsr-3243	90	27	n	n	PROPN
fsr-3243	90	28	(	(	PUNCT
fsr-3243	90	29	1	1	NUM
fsr-3243	90	30	�	�	PROPN
fsr-3243	90	31	rj	rj	PROPN
fsr-3243	90	32	)	)	PUNCT
fsr-3243	90	33	�	�	PROPN
fsr-3243	90	34	that	that	PRON
fsr-3243	90	35	captures	capture	VERB
fsr-3243	90	36	the	the	DET
fsr-3243	90	37	sequencing	sequence	VERB
fsr-3243	90	38	effect	effect	NOUN
fsr-3243	90	39	,	,	PUNCT
fsr-3243	90	40	because	because	SCONJ
fsr-3243	90	41	this	this	DET
fsr-3243	90	42	item	item	NOUN
fsr-3243	90	43	goes	go	VERB
fsr-3243	90	44	up	up	ADP
fsr-3243	90	45	when	when	SCONJ
fsr-3243	90	46	the	the	DET
fsr-3243	90	47	sequence	sequence	NOUN
fsr-3243	90	48	is	be	AUX
fsr-3243	90	49	favorable.4	favorable.4	NOUN
fsr-3243	90	50	this	this	PRON
fsr-3243	90	51	we	we	PRON
fsr-3243	90	52	call	call	VERB
fsr-3243	90	53	sn	sn	PROPN
fsr-3243	90	54	,	,	PUNCT
fsr-3243	90	55	and	and	CCONJ
fsr-3243	90	56	we	we	PRON
fsr-3243	90	57	note	note	VERB
fsr-3243	90	58	that	that	SCONJ
fsr-3243	90	59	two	two	NUM
fsr-3243	90	60	r	r	NOUN
fsr-3243	90	61	-	-	PUNCT
fsr-3243	90	62	vectors	vector	NOUN
fsr-3243	90	63	can	can	AUX
fsr-3243	90	64	have	have	VERB
fsr-3243	90	65	the	the	DET
fsr-3243	90	66	same	same	ADJ
fsr-3243	90	67	rn	rn	NOUN
fsr-3243	90	68	and	and	CCONJ
fsr-3243	90	69	yet	yet	ADV
fsr-3243	90	70	different	different	ADJ
fsr-3243	90	71	sn’s	sn’	NOUN
fsr-3243	90	72	—	—	PUNCT
fsr-3243	90	73	a	a	DET
fsr-3243	90	74	given	give	VERB
fsr-3243	90	75	cumulative	cumulative	ADJ
fsr-3243	90	76	return	return	NOUN
fsr-3243	90	77	can	can	AUX
fsr-3243	90	78	come	come	VERB
fsr-3243	90	79	up	up	ADP
fsr-3243	90	80	in	in	ADP
fsr-3243	90	81	different	different	ADJ
fsr-3243	90	82	ways	way	NOUN
fsr-3243	90	83	,	,	PUNCT
fsr-3243	90	84	order	order	NOUN
fsr-3243	90	85	-	-	PUNCT
fsr-3243	90	86	wise	wise	ADJ
fsr-3243	90	87	.	.	PUNCT
fsr-3243	91	1	now	now	ADV
fsr-3243	91	2	eq	eq	ADP
fsr-3243	91	3	.	.	PUNCT
fsr-3243	92	1	(	(	PUNCT
fsr-3243	92	2	3	3	X
fsr-3243	92	3	)	)	PUNCT
fsr-3243	92	4	simplifies	simplifie	NOUN
fsr-3243	92	5	to	to	PART
fsr-3243	92	6	:	:	PUNCT
fsr-3243	92	7	w	w	PROPN
fsr-3243	92	8	�	�	PROPN
fsr-3243	92	9	(	(	PUNCT
fsr-3243	92	10	rnks	rnk	VERB
fsr-3243	92	11	�	�	PROPN
fsr-3243	92	12	ke	ke	PROPN
fsr-3243	92	13	)	)	PUNCT
fsr-3243	92	14	sn	sn	PROPN
fsr-3243	92	15	(	(	PUNCT
fsr-3243	92	16	5	5	X
fsr-3243	92	17	)	)	PUNCT
fsr-3243	92	18	this	this	PRON
fsr-3243	92	19	provides	provide	VERB
fsr-3243	92	20	us	we	PRON
fsr-3243	92	21	with	with	ADP
fsr-3243	92	22	an	an	DET
fsr-3243	92	23	expression	expression	NOUN
fsr-3243	92	24	that	that	PRON
fsr-3243	92	25	captures	capture	VERB
fsr-3243	92	26	the	the	DET
fsr-3243	92	27	impact	impact	NOUN
fsr-3243	92	28	of	of	ADP
fsr-3243	92	29	sequencing	sequence	VERB
fsr-3243	92	30	explicitly	explicitly	ADV
fsr-3243	92	31	,	,	PUNCT
fsr-3243	92	32	through	through	ADP
fsr-3243	92	33	a	a	DET
fsr-3243	92	34	factor	factor	NOUN
fsr-3243	92	35	(	(	PUNCT
fsr-3243	92	36	sn	sn	PROPN
fsr-3243	92	37	)	)	PUNCT
fsr-3243	92	38	that	that	SCONJ
fsr-3243	92	39	“	"	PUNCT
fsr-3243	92	40	hits	hit	VERB
fsr-3243	92	41	”	"	PUNCT
fsr-3243	92	42	the	the	DET
fsr-3243	92	43	withdrawal	withdrawal	NOUN
fsr-3243	92	44	amount	amount	NOUN
fsr-3243	92	45	in	in	ADP
fsr-3243	92	46	a	a	DET
fsr-3243	92	47	perfectly	perfectly	ADV
fsr-3243	92	48	sensible	sensible	ADJ
fsr-3243	92	49	way	way	NOUN
fsr-3243	92	50	.	.	PUNCT
fsr-3243	93	1	this	this	DET
fsr-3243	93	2	reformulation	reformulation	NOUN
fsr-3243	93	3	is	be	AUX
fsr-3243	93	4	important	important	ADJ
fsr-3243	93	5	because	because	SCONJ
fsr-3243	93	6	the	the	DET
fsr-3243	93	7	sequencing	sequence	VERB
fsr-3243	93	8	issue	issue	NOUN
fsr-3243	93	9	is	be	AUX
fsr-3243	93	10	precisely	precisely	ADV
fsr-3243	93	11	what	what	PRON
fsr-3243	93	12	makes	make	VERB
fsr-3243	93	13	the	the	DET
fsr-3243	93	14	optimal	optimal	ADJ
fsr-3243	93	15	withdrawal	withdrawal	NOUN
fsr-3243	93	16	problem	problem	NOUN
fsr-3243	93	17	unique	unique	ADJ
fsr-3243	93	18	.	.	PUNCT
fsr-3243	94	1	in	in	ADP
fsr-3243	94	2	most	most	ADJ
fsr-3243	94	3	financial	financial	ADJ
fsr-3243	94	4	analysis	analysis	NOUN
fsr-3243	94	5	discussions	discussion	NOUN
fsr-3243	94	6	,	,	PUNCT
fsr-3243	94	7	an	an	DET
fsr-3243	94	8	understanding	understanding	NOUN
fsr-3243	94	9	of	of	ADP
fsr-3243	94	10	the	the	DET
fsr-3243	94	11	total	total	ADJ
fsr-3243	94	12	accrued	accrue	VERB
fsr-3243	94	13	return	return	NOUN
fsr-3243	94	14	will	will	AUX
fsr-3243	94	15	suffice	suffice	VERB
fsr-3243	94	16	,	,	PUNCT
fsr-3243	94	17	but	but	CCONJ
fsr-3243	94	18	here	here	ADV
fsr-3243	94	19	it	it	PRON
fsr-3243	94	20	is	be	AUX
fsr-3243	94	21	of	of	ADP
fsr-3243	94	22	the	the	DET
fsr-3243	94	23	essence	essence	NOUN
fsr-3243	94	24	to	to	PART
fsr-3243	94	25	know	know	VERB
fsr-3243	94	26	not	not	PART
fsr-3243	95	1	just	just	ADV
fsr-3243	95	2	how	how	SCONJ
fsr-3243	95	3	much	much	ADJ
fsr-3243	96	1	but	but	CCONJ
fsr-3243	96	2	when	when	SCONJ
fsr-3243	96	3	this	this	DET
fsr-3243	96	4	much	much	ADJ
fsr-3243	96	5	.	.	PUNCT
fsr-3243	97	1	in	in	ADP
fsr-3243	97	2	retirement	retirement	NOUN
fsr-3243	97	3	,	,	PUNCT
fsr-3243	97	4	it	it	PRON
fsr-3243	97	5	makes	make	VERB
fsr-3243	97	6	a	a	DET
fsr-3243	97	7	huge	huge	ADJ
fsr-3243	97	8	difference	difference	NOUN
fsr-3243	97	9	if	if	SCONJ
fsr-3243	97	10	“	"	PUNCT
fsr-3243	97	11	good	good	ADJ
fsr-3243	97	12	”	"	PUNCT
fsr-3243	97	13	financial	financial	ADJ
fsr-3243	97	14	results	result	NOUN
fsr-3243	97	15	come	come	VERB
fsr-3243	97	16	first	first	ADV
fsr-3243	97	17	and	and	CCONJ
fsr-3243	97	18	“	"	PUNCT
fsr-3243	97	19	bad	bad	ADJ
fsr-3243	97	20	”	"	PUNCT
fsr-3243	97	21	ones	one	NOUN
fsr-3243	97	22	later	later	ADV
fsr-3243	97	23	,	,	PUNCT
fsr-3243	97	24	instead	instead	ADV
fsr-3243	97	25	of	of	ADP
fsr-3243	97	26	the	the	DET
fsr-3243	97	27	other	other	ADJ
fsr-3243	97	28	way	way	NOUN
fsr-3243	97	29	around	around	ADV
fsr-3243	97	30	,	,	PUNCT
fsr-3243	97	31	because	because	SCONJ
fsr-3243	97	32	in	in	ADP
fsr-3243	97	33	this	this	DET
fsr-3243	97	34	stage	stage	NOUN
fsr-3243	97	35	of	of	ADP
fsr-3243	97	36	the	the	DET
fsr-3243	97	37	life	life	NOUN
fsr-3243	97	38	cycle	cycle	NOUN
fsr-3243	97	39	the	the	DET
fsr-3243	97	40	rates	rate	NOUN
fsr-3243	97	41	of	of	ADP
fsr-3243	97	42	return	return	NOUN
fsr-3243	97	43	apply	apply	VERB
fsr-3243	97	44	sequentially	sequentially	ADV
fsr-3243	97	45	to	to	ADP
fsr-3243	97	46	an	an	DET
fsr-3243	97	47	ever	ever	ADV
fsr-3243	97	48	-	-	PUNCT
fsr-3243	97	49	dwindling	dwindle	VERB
fsr-3243	97	50	capital	capital	NOUN
fsr-3243	97	51	base	base	NOUN
fsr-3243	97	52	—	—	PUNCT
fsr-3243	97	53	the	the	DET
fsr-3243	97	54	retiree	retiree	NOUN
fsr-3243	97	55	is	be	AUX
fsr-3243	97	56	constantly	constantly	ADV
fsr-3243	97	57	drawing	draw	VERB
fsr-3243	97	58	down	down	ADP
fsr-3243	97	59	her	her	PRON
fsr-3243	97	60	savings	saving	NOUN
fsr-3243	97	61	to	to	PART
fsr-3243	97	62	support	support	VERB
fsr-3243	97	63	herself	herself	PRON
fsr-3243	97	64	.	.	PUNCT
fsr-3243	98	1	this	this	PRON
fsr-3243	98	2	is	be	AUX
fsr-3243	98	3	also	also	ADV
fsr-3243	98	4	why	why	SCONJ
fsr-3243	98	5	previous	previous	ADJ
fsr-3243	98	6	studies	study	NOUN
fsr-3243	98	7	have	have	AUX
fsr-3243	98	8	sought	seek	VERB
fsr-3243	98	9	for	for	ADP
fsr-3243	98	10	a	a	DET
fsr-3243	98	11	way	way	NOUN
fsr-3243	98	12	to	to	PART
fsr-3243	98	13	account	account	VERB
fsr-3243	98	14	for	for	ADP
fsr-3243	98	15	this	this	DET
fsr-3243	98	16	“	"	PUNCT
fsr-3243	98	17	sequencing	sequence	VERB
fsr-3243	98	18	risk	risk	NOUN
fsr-3243	98	19	”	"	PUNCT
fsr-3243	98	20	(	(	PUNCT
fsr-3243	98	21	frank	frank	PROPN
fsr-3243	98	22	and	and	CCONJ
fsr-3243	98	23	blanchett	blanchett	PROPN
fsr-3243	98	24	,	,	PUNCT
fsr-3243	98	25	2010	2010	NUM
fsr-3243	98	26	;	;	PUNCT
fsr-3243	98	27	frank	frank	PROPN
fsr-3243	98	28	,	,	PUNCT
fsr-3243	98	29	mitchell	mitchell	PROPN
fsr-3243	98	30	,	,	PUNCT
fsr-3243	98	31	and	and	CCONJ
fsr-3243	98	32	blanchett	blanchett	PROPN
fsr-3243	98	33	,	,	PUNCT
fsr-3243	98	34	2011	2011	NUM
fsr-3243	98	35	)	)	PUNCT
fsr-3243	98	36	.	.	PUNCT
fsr-3243	99	1	indeed	indeed	ADV
fsr-3243	99	2	,	,	PUNCT
fsr-3243	99	3	even	even	ADV
fsr-3243	99	4	very	very	ADV
fsr-3243	99	5	recent	recent	ADJ
fsr-3243	99	6	discussions	discussion	NOUN
fsr-3243	99	7	such	such	ADJ
fsr-3243	99	8	as	as	ADP
fsr-3243	99	9	pfau	pfau	NOUN
fsr-3243	99	10	(	(	PUNCT
fsr-3243	99	11	2014	2014	NUM
fsr-3243	99	12	)	)	PUNCT
fsr-3243	99	13	continue	continue	VERB
fsr-3243	99	14	to	to	PART
fsr-3243	99	15	address	address	VERB
fsr-3243	99	16	this	this	DET
fsr-3243	99	17	problem	problem	NOUN
fsr-3243	99	18	,	,	PUNCT
fsr-3243	99	19	developing	develop	VERB
fsr-3243	99	20	proxy	proxy	NOUN
fsr-3243	99	21	variables	variable	NOUN
fsr-3243	99	22	to	to	PART
fsr-3243	99	23	measure	measure	VERB
fsr-3243	99	24	the	the	DET
fsr-3243	99	25	correction	correction	NOUN
fsr-3243	99	26	required	require	VERB
fsr-3243	99	27	because	because	SCONJ
fsr-3243	99	28	of	of	ADP
fsr-3243	99	29	the	the	DET
fsr-3243	99	30	sequencing	sequence	VERB
fsr-3243	99	31	issue	issue	NOUN
fsr-3243	99	32	.	.	PUNCT
fsr-3243	100	1	although	although	SCONJ
fsr-3243	100	2	it	it	PRON
fsr-3243	100	3	is	be	AUX
fsr-3243	100	4	reasonable	reasonable	ADJ
fsr-3243	100	5	to	to	PART
fsr-3243	100	6	expect	expect	VERB
fsr-3243	100	7	that	that	SCONJ
fsr-3243	100	8	some	some	PRON
fsr-3243	100	9	of	of	ADP
fsr-3243	100	10	these	these	DET
fsr-3243	100	11	constructs	construct	NOUN
fsr-3243	100	12	will	will	AUX
fsr-3243	100	13	capture	capture	VERB
fsr-3243	100	14	the	the	DET
fsr-3243	100	15	general	general	ADJ
fsr-3243	100	16	features	feature	NOUN
fsr-3243	100	17	of	of	ADP
fsr-3243	100	18	the	the	DET
fsr-3243	100	19	adjustment	adjustment	NOUN
fsr-3243	100	20	factor	factor	NOUN
fsr-3243	100	21	,	,	PUNCT
fsr-3243	100	22	our	our	PRON
fsr-3243	100	23	eq	eq	NOUN
fsr-3243	100	24	.	.	PUNCT
fsr-3243	101	1	(	(	PUNCT
fsr-3243	101	2	5	5	X
fsr-3243	101	3	)	)	PUNCT
fsr-3243	101	4	comes	come	VERB
fsr-3243	101	5	directly	directly	ADV
fsr-3243	101	6	from	from	ADP
fsr-3243	101	7	the	the	DET
fsr-3243	101	8	simplest	simple	ADJ
fsr-3243	101	9	,	,	PUNCT
fsr-3243	101	10	most	most	ADV
fsr-3243	101	11	natural	natural	ADJ
fsr-3243	101	12	interpretation	interpretation	NOUN
fsr-3243	101	13	of	of	ADP
fsr-3243	101	14	the	the	DET
fsr-3243	101	15	problem	problem	NOUN
fsr-3243	101	16	—	—	PUNCT
fsr-3243	101	17	so	so	ADV
fsr-3243	101	18	sn	sn	PROPN
fsr-3243	101	19	is	be	AUX
fsr-3243	101	20	not	not	PART
fsr-3243	101	21	a	a	DET
fsr-3243	101	22	proxy	proxy	NOUN
fsr-3243	101	23	.	.	PUNCT
fsr-3243	102	1	rather	rather	ADV
fsr-3243	102	2	,	,	PUNCT
fsr-3243	102	3	we	we	PRON
fsr-3243	102	4	think	think	VERB
fsr-3243	102	5	sn	sn	PROPN
fsr-3243	102	6	is	be	AUX
fsr-3243	102	7	an	an	DET
fsr-3243	102	8	expression	expression	NOUN
fsr-3243	102	9	that	that	PRON
fsr-3243	102	10	should	should	AUX
fsr-3243	102	11	be	be	AUX
fsr-3243	102	12	investigated	investigate	VERB
fsr-3243	102	13	further	far	ADV
fsr-3243	102	14	because	because	SCONJ
fsr-3243	102	15	it	it	PRON
fsr-3243	102	16	is	be	AUX
fsr-3243	102	17	a	a	DET
fsr-3243	102	18	measure	measure	NOUN
fsr-3243	102	19	of	of	ADP
fsr-3243	102	20	orientation	orientation	NOUN
fsr-3243	102	21	(	(	PUNCT
fsr-3243	102	22	return	return	NOUN
fsr-3243	102	23	rates	rate	NOUN
fsr-3243	102	24	going	go	VERB
fsr-3243	102	25	up	up	ADP
fsr-3243	102	26	,	,	PUNCT
fsr-3243	102	27	going	go	VERB
fsr-3243	102	28	down	down	ADV
fsr-3243	102	29	,	,	PUNCT
fsr-3243	102	30	336	336	NUM
fsr-3243	102	31	e.d	e.d	PROPN
fsr-3243	102	32	.	.	PROPN
fsr-3243	102	33	suarez	suarez	PROPN
fsr-3243	102	34	et	et	PROPN
fsr-3243	102	35	al	al	PROPN
fsr-3243	102	36	.	.	PUNCT
fsr-3243	102	37	/	/	SYM
fsr-3243	102	38	financial	financial	ADJ
fsr-3243	102	39	services	service	NOUN
fsr-3243	102	40	review	review	VERB
fsr-3243	102	41	24	24	NUM
fsr-3243	102	42	(	(	PUNCT
fsr-3243	102	43	2015	2015	NUM
fsr-3243	102	44	)	)	PUNCT
fsr-3243	102	45	331–357	331–357	NUM
fsr-3243	102	46	up	up	ADP
fsr-3243	102	47	a	a	DET
fsr-3243	102	48	little	little	ADJ
fsr-3243	102	49	then	then	ADV
fsr-3243	102	50	down	down	ADP
fsr-3243	102	51	a	a	DET
fsr-3243	102	52	lot	lot	NOUN
fsr-3243	102	53	,	,	PUNCT
fsr-3243	102	54	etc	etc	X
fsr-3243	102	55	.	.	X
fsr-3243	102	56	)	)	PUNCT
fsr-3243	102	57	,	,	PUNCT
fsr-3243	102	58	and	and	CCONJ
fsr-3243	102	59	this	this	PRON
fsr-3243	102	60	is	be	AUX
fsr-3243	102	61	the	the	DET
fsr-3243	102	62	crucial	crucial	ADJ
fsr-3243	102	63	element	element	NOUN
fsr-3243	102	64	that	that	SCONJ
fsr-3243	102	65	the	the	DET
fsr-3243	102	66	adjustment	adjustment	NOUN
fsr-3243	102	67	factor	factor	NOUN
fsr-3243	102	68	should	should	AUX
fsr-3243	102	69	capture	capture	VERB
fsr-3243	102	70	.	.	PUNCT
fsr-3243	103	1	second	second	ADV
fsr-3243	103	2	,	,	PUNCT
fsr-3243	103	3	we	we	PRON
fsr-3243	103	4	modify	modify	VERB
fsr-3243	103	5	eq	eq	ADP
fsr-3243	103	6	.	.	PUNCT
fsr-3243	104	1	(	(	PUNCT
fsr-3243	104	2	5	5	NUM
fsr-3243	104	3	)	)	PUNCT
fsr-3243	104	4	to	to	PART
fsr-3243	104	5	express	express	VERB
fsr-3243	104	6	the	the	DET
fsr-3243	104	7	withdrawal	withdrawal	NOUN
fsr-3243	104	8	rate	rate	NOUN
fsr-3243	104	9	,	,	PUNCT
fsr-3243	104	10	instead	instead	ADV
fsr-3243	104	11	of	of	ADP
fsr-3243	104	12	the	the	DET
fsr-3243	104	13	withdrawal	withdrawal	NOUN
fsr-3243	104	14	amount	amount	NOUN
fsr-3243	104	15	:	:	PUNCT
fsr-3243	104	16	w	w	X
fsr-3243	104	17	/	/	SYM
fsr-3243	104	18	ks	ks	NOUN
fsr-3243	104	19	�	�	PROPN
fsr-3243	104	20	rnsn	rnsn	PROPN
fsr-3243	104	21	�	�	PROPN
fsr-3243	104	22	sn	sn	PROPN
fsr-3243	104	23	(	(	PUNCT
fsr-3243	104	24	ke	ke	NOUN
fsr-3243	104	25	/	/	SYM
fsr-3243	104	26	ks	ks	NOUN
fsr-3243	104	27	)	)	PUNCT
fsr-3243	104	28	(	(	PUNCT
fsr-3243	104	29	6	6	NUM
fsr-3243	104	30	)	)	PUNCT
fsr-3243	104	31	additionally	additionally	ADV
fsr-3243	104	32	,	,	PUNCT
fsr-3243	104	33	we	we	PRON
fsr-3243	104	34	note	note	VERB
fsr-3243	104	35	how	how	SCONJ
fsr-3243	104	36	it	it	PRON
fsr-3243	104	37	is	be	AUX
fsr-3243	104	38	dependent	dependent	ADJ
fsr-3243	104	39	on	on	ADP
fsr-3243	104	40	the	the	DET
fsr-3243	104	41	ratio	ratio	NOUN
fsr-3243	104	42	ke	ke	PROPN
fsr-3243	104	43	/	/	SYM
fsr-3243	104	44	ks	ks	PROPN
fsr-3243	104	45	.	.	PUNCT
fsr-3243	105	1	this	this	PRON
fsr-3243	105	2	means	mean	VERB
fsr-3243	105	3	that	that	SCONJ
fsr-3243	105	4	to	to	PART
fsr-3243	105	5	derive	derive	VERB
fsr-3243	105	6	an	an	DET
fsr-3243	105	7	optimal	optimal	ADJ
fsr-3243	105	8	withdrawal	withdrawal	NOUN
fsr-3243	105	9	rate	rate	NOUN
fsr-3243	105	10	we	we	PRON
fsr-3243	105	11	need	need	VERB
fsr-3243	105	12	to	to	PART
fsr-3243	105	13	know	know	VERB
fsr-3243	105	14	what	what	PRON
fsr-3243	105	15	fraction	fraction	NOUN
fsr-3243	105	16	of	of	ADP
fsr-3243	105	17	the	the	DET
fsr-3243	105	18	initial	initial	ADJ
fsr-3243	105	19	account	account	NOUN
fsr-3243	105	20	balance	balance	NOUN
fsr-3243	105	21	is	be	AUX
fsr-3243	105	22	to	to	PART
fsr-3243	105	23	be	be	AUX
fsr-3243	105	24	bequeathed	bequeath	VERB
fsr-3243	105	25	.	.	PUNCT
fsr-3243	106	1	although	although	SCONJ
fsr-3243	106	2	this	this	PRON
fsr-3243	106	3	might	might	AUX
fsr-3243	106	4	seem	seem	VERB
fsr-3243	106	5	like	like	ADP
fsr-3243	106	6	a	a	DET
fsr-3243	106	7	trivial	trivial	ADJ
fsr-3243	106	8	adjustment	adjustment	NOUN
fsr-3243	106	9	to	to	ADP
fsr-3243	106	10	the	the	DET
fsr-3243	106	11	existing	exist	VERB
fsr-3243	106	12	strategies	strategy	NOUN
fsr-3243	106	13	,	,	PUNCT
fsr-3243	106	14	which	which	PRON
fsr-3243	106	15	may	may	AUX
fsr-3243	106	16	focus	focus	VERB
fsr-3243	106	17	on	on	ADP
fsr-3243	106	18	the	the	DET
fsr-3243	106	19	zero	zero	NUM
fsr-3243	106	20	-	-	PUNCT
fsr-3243	106	21	bequest	bequest	NOUN
fsr-3243	106	22	case	case	NOUN
fsr-3243	106	23	only	only	ADV
fsr-3243	106	24	for	for	ADP
fsr-3243	106	25	the	the	DET
fsr-3243	106	26	sake	sake	NOUN
fsr-3243	106	27	of	of	ADP
fsr-3243	106	28	clarity	clarity	NOUN
fsr-3243	106	29	,	,	PUNCT
fsr-3243	106	30	the	the	DET
fsr-3243	106	31	specific	specific	ADJ
fsr-3243	106	32	functional	functional	ADJ
fsr-3243	106	33	form	form	NOUN
fsr-3243	106	34	by	by	ADP
fsr-3243	106	35	which	which	PRON
fsr-3243	106	36	inheritance	inheritance	NOUN
fsr-3243	106	37	goals	goal	NOUN
fsr-3243	106	38	affect	affect	VERB
fsr-3243	106	39	the	the	DET
fsr-3243	106	40	optimal	optimal	ADJ
fsr-3243	106	41	recommendation	recommendation	NOUN
fsr-3243	106	42	has	have	AUX
fsr-3243	106	43	not	not	PART
fsr-3243	106	44	been	be	AUX
fsr-3243	106	45	established	establish	VERB
fsr-3243	106	46	before5	before5	NOUN
fsr-3243	106	47	(	(	PUNCT
fsr-3243	106	48	bengen	bengen	VERB
fsr-3243	106	49	,	,	PUNCT
fsr-3243	106	50	2006	2006	NUM
fsr-3243	106	51	;	;	PUNCT
fsr-3243	106	52	bernard	bernard	PROPN
fsr-3243	106	53	,	,	PUNCT
fsr-3243	106	54	2011	2011	NUM
fsr-3243	106	55	;	;	PUNCT
fsr-3243	106	56	spitzer	spitzer	NOUN
fsr-3243	106	57	,	,	PUNCT
fsr-3243	106	58	2008	2008	NUM
fsr-3243	106	59	)	)	PUNCT
fsr-3243	106	60	.	.	PUNCT
fsr-3243	107	1	it	it	PRON
fsr-3243	107	2	is	be	AUX
fsr-3243	107	3	the	the	DET
fsr-3243	107	4	proportion	proportion	NOUN
fsr-3243	107	5	of	of	ADP
fsr-3243	107	6	the	the	DET
fsr-3243	107	7	desired	desire	VERB
fsr-3243	107	8	final	final	ADJ
fsr-3243	107	9	balance	balance	NOUN
fsr-3243	107	10	to	to	ADP
fsr-3243	107	11	the	the	DET
fsr-3243	107	12	starting	starting	NOUN
fsr-3243	107	13	balance	balance	NOUN
fsr-3243	107	14	that	that	PRON
fsr-3243	107	15	matters	matter	VERB
fsr-3243	107	16	and	and	CCONJ
fsr-3243	107	17	not	not	PART
fsr-3243	107	18	,	,	PUNCT
fsr-3243	107	19	as	as	SCONJ
fsr-3243	107	20	might	might	AUX
fsr-3243	107	21	be	be	AUX
fsr-3243	107	22	assumed	assume	VERB
fsr-3243	107	23	,	,	PUNCT
fsr-3243	107	24	the	the	DET
fsr-3243	107	25	amount	amount	NOUN
fsr-3243	107	26	by	by	ADP
fsr-3243	107	27	which	which	PRON
fsr-3243	107	28	the	the	DET
fsr-3243	107	29	initial	initial	ADJ
fsr-3243	107	30	balance	balance	NOUN
fsr-3243	107	31	exceeds	exceed	VERB
fsr-3243	107	32	the	the	DET
fsr-3243	107	33	target	target	NOUN
fsr-3243	107	34	.	.	PUNCT
fsr-3243	108	1	for	for	ADP
fsr-3243	108	2	example	example	NOUN
fsr-3243	108	3	,	,	PUNCT
fsr-3243	108	4	a	a	DET
fsr-3243	108	5	natural	natural	ADJ
fsr-3243	108	6	way	way	NOUN
fsr-3243	108	7	to	to	PART
fsr-3243	108	8	deal	deal	VERB
fsr-3243	108	9	with	with	ADP
fsr-3243	108	10	the	the	DET
fsr-3243	108	11	complication	complication	NOUN
fsr-3243	108	12	of	of	ADP
fsr-3243	108	13	a	a	DET
fsr-3243	108	14	positive	positive	ADJ
fsr-3243	108	15	bequest	bequest	NOUN
fsr-3243	108	16	goal	goal	NOUN
fsr-3243	108	17	would	would	AUX
fsr-3243	108	18	be	be	AUX
fsr-3243	108	19	to	to	PART
fsr-3243	108	20	“	"	PUNCT
fsr-3243	108	21	put	put	VERB
fsr-3243	108	22	aside	aside	ADV
fsr-3243	108	23	”	"	PUNCT
fsr-3243	108	24	the	the	DET
fsr-3243	108	25	inheritance	inheritance	NOUN
fsr-3243	108	26	money	money	NOUN
fsr-3243	108	27	—	—	PUNCT
fsr-3243	108	28	effectively	effectively	ADV
fsr-3243	108	29	removing	remove	VERB
fsr-3243	108	30	it	it	PRON
fsr-3243	108	31	from	from	ADP
fsr-3243	108	32	the	the	DET
fsr-3243	108	33	analysis	analysis	NOUN
fsr-3243	108	34	—	—	PUNCT
fsr-3243	108	35	and	and	CCONJ
fsr-3243	108	36	work	work	VERB
fsr-3243	108	37	with	with	ADP
fsr-3243	108	38	the	the	DET
fsr-3243	108	39	excess	excess	ADJ
fsr-3243	108	40	balance	balance	NOUN
fsr-3243	108	41	as	as	SCONJ
fsr-3243	108	42	if	if	SCONJ
fsr-3243	108	43	it	it	PRON
fsr-3243	108	44	were	be	AUX
fsr-3243	108	45	a	a	DET
fsr-3243	108	46	zero	zero	NUM
fsr-3243	108	47	-	-	PUNCT
fsr-3243	108	48	bequest	bequest	NOUN
fsr-3243	108	49	case	case	NOUN
fsr-3243	108	50	(	(	PUNCT
fsr-3243	108	51	cf	cf	NOUN
fsr-3243	108	52	.	.	PUNCT
fsr-3243	109	1	“	"	PUNCT
fsr-3243	109	2	two	two	NUM
fsr-3243	109	3	-	-	PUNCT
fsr-3243	109	4	bucket	bucket	NOUN
fsr-3243	109	5	”	"	PUNCT
fsr-3243	109	6	strategy	strategy	NOUN
fsr-3243	109	7	in	in	ADP
fsr-3243	109	8	bernard	bernard	NOUN
fsr-3243	109	9	,	,	PUNCT
fsr-3243	109	10	2011	2011	NUM
fsr-3243	109	11	)	)	PUNCT
fsr-3243	109	12	.	.	PUNCT
fsr-3243	110	1	however	however	ADV
fsr-3243	110	2	,	,	PUNCT
fsr-3243	110	3	the	the	DET
fsr-3243	110	4	separated	separate	VERB
fsr-3243	110	5	funds	fund	NOUN
fsr-3243	110	6	will	will	AUX
fsr-3243	110	7	accumulate	accumulate	VERB
fsr-3243	110	8	returns	return	NOUN
fsr-3243	110	9	too	too	ADV
fsr-3243	110	10	,	,	PUNCT
fsr-3243	110	11	and	and	CCONJ
fsr-3243	110	12	there	there	PRON
fsr-3243	110	13	is	be	VERB
fsr-3243	110	14	no	no	DET
fsr-3243	110	15	reason	reason	NOUN
fsr-3243	110	16	for	for	SCONJ
fsr-3243	110	17	these	these	DET
fsr-3243	110	18	returns	return	NOUN
fsr-3243	110	19	not	not	PART
fsr-3243	110	20	to	to	PART
fsr-3243	110	21	be	be	AUX
fsr-3243	110	22	available	available	ADJ
fsr-3243	110	23	for	for	ADP
fsr-3243	110	24	consumption	consumption	NOUN
fsr-3243	110	25	(	(	PUNCT
fsr-3243	110	26	at	at	ADP
fsr-3243	110	27	least	least	ADJ
fsr-3243	110	28	the	the	DET
fsr-3243	110	29	real	real	ADJ
fsr-3243	110	30	part	part	NOUN
fsr-3243	110	31	)	)	PUNCT
fsr-3243	110	32	.	.	PUNCT
fsr-3243	111	1	should	should	AUX
fsr-3243	111	2	the	the	DET
fsr-3243	111	3	planner	planner	NOUN
fsr-3243	111	4	separate	separate	VERB
fsr-3243	111	5	the	the	DET
fsr-3243	111	6	funds	fund	NOUN
fsr-3243	111	7	to	to	PART
fsr-3243	111	8	be	be	AUX
fsr-3243	111	9	inherited	inherit	VERB
fsr-3243	111	10	but	but	CCONJ
fsr-3243	111	11	then	then	ADV
fsr-3243	111	12	plow	plow	VERB
fsr-3243	111	13	back	back	ADP
fsr-3243	111	14	the	the	DET
fsr-3243	111	15	real	real	ADJ
fsr-3243	111	16	returns	return	NOUN
fsr-3243	111	17	into	into	ADP
fsr-3243	111	18	the	the	DET
fsr-3243	111	19	“	"	PUNCT
fsr-3243	111	20	consumable	consumable	ADJ
fsr-3243	111	21	”	"	PUNCT
fsr-3243	111	22	balance	balance	NOUN
fsr-3243	111	23	?	?	PUNCT
fsr-3243	112	1	our	our	PRON
fsr-3243	112	2	approach	approach	NOUN
fsr-3243	112	3	renders	render	VERB
fsr-3243	112	4	these	these	DET
fsr-3243	112	5	efforts	effort	NOUN
fsr-3243	112	6	unnecessary	unnecessary	ADJ
fsr-3243	112	7	by	by	ADP
fsr-3243	112	8	including	include	VERB
fsr-3243	112	9	a	a	DET
fsr-3243	112	10	bequest	bequest	NOUN
fsr-3243	112	11	term	term	NOUN
fsr-3243	112	12	in	in	ADP
fsr-3243	112	13	the	the	DET
fsr-3243	112	14	equations	equation	NOUN
fsr-3243	112	15	,	,	PUNCT
fsr-3243	112	16	making	make	VERB
fsr-3243	112	17	the	the	DET
fsr-3243	112	18	no	no	PRON
fsr-3243	112	19	-	-	PUNCT
fsr-3243	112	20	bequest	bequ	ADJ
fsr-3243	112	21	scenario	scenario	NOUN
fsr-3243	112	22	just	just	ADV
fsr-3243	112	23	a	a	DET
fsr-3243	112	24	specific	specific	ADJ
fsr-3243	112	25	instance	instance	NOUN
fsr-3243	112	26	of	of	ADP
fsr-3243	112	27	the	the	DET
fsr-3243	112	28	general	general	ADJ
fsr-3243	112	29	case	case	NOUN
fsr-3243	112	30	.	.	PUNCT
fsr-3243	113	1	4	4	X
fsr-3243	113	2	.	.	X
fsr-3243	113	3	construction	construction	NOUN
fsr-3243	113	4	of	of	ADP
fsr-3243	113	5	a	a	DET
fsr-3243	113	6	pwa	pwa	NOUN
fsr-3243	113	7	probability	probability	NOUN
fsr-3243	113	8	distribution	distribution	NOUN
fsr-3243	113	9	we	we	PRON
fsr-3243	113	10	now	now	ADV
fsr-3243	113	11	proceed	proceed	VERB
fsr-3243	113	12	to	to	PART
fsr-3243	113	13	construct	construct	VERB
fsr-3243	113	14	an	an	DET
fsr-3243	113	15	actual	actual	ADJ
fsr-3243	113	16	probability	probability	NOUN
fsr-3243	113	17	distribution	distribution	NOUN
fsr-3243	113	18	for	for	ADP
fsr-3243	113	19	pwas	pwas	ADJ
fsr-3243	113	20	,	,	PUNCT
fsr-3243	113	21	assuming	assume	VERB
fsr-3243	113	22	a	a	DET
fsr-3243	113	23	100	100	NUM
fsr-3243	113	24	%	%	NOUN
fsr-3243	113	25	equity	equity	NOUN
fsr-3243	113	26	portfolio	portfolio	NOUN
fsr-3243	113	27	.	.	PUNCT
fsr-3243	114	1	the	the	DET
fsr-3243	114	2	decision	decision	NOUN
fsr-3243	114	3	to	to	PART
fsr-3243	114	4	use	use	VERB
fsr-3243	114	5	an	an	DET
fsr-3243	114	6	all	all	DET
fsr-3243	114	7	-	-	PUNCT
fsr-3243	114	8	equity	equity	NOUN
fsr-3243	114	9	scenario	scenario	NOUN
fsr-3243	114	10	is	be	AUX
fsr-3243	114	11	not	not	PART
fsr-3243	114	12	crucial	crucial	ADJ
fsr-3243	114	13	because	because	SCONJ
fsr-3243	114	14	we	we	PRON
fsr-3243	114	15	are	be	AUX
fsr-3243	114	16	only	only	ADV
fsr-3243	114	17	illustrating	illustrate	VERB
fsr-3243	114	18	how	how	SCONJ
fsr-3243	114	19	the	the	DET
fsr-3243	114	20	methodology	methodology	NOUN
fsr-3243	114	21	works	work	VERB
fsr-3243	114	22	.	.	PUNCT
fsr-3243	115	1	this	this	DET
fsr-3243	115	2	allocation	allocation	NOUN
fsr-3243	115	3	was	be	AUX
fsr-3243	115	4	chosen	choose	VERB
fsr-3243	115	5	because	because	SCONJ
fsr-3243	115	6	it	it	PRON
fsr-3243	115	7	maximizes	maximize	VERB
fsr-3243	115	8	the	the	DET
fsr-3243	115	9	variance	variance	NOUN
fsr-3243	115	10	of	of	ADP
fsr-3243	115	11	the	the	DET
fsr-3243	115	12	returns	return	NOUN
fsr-3243	115	13	on	on	ADP
fsr-3243	115	14	the	the	DET
fsr-3243	115	15	account	account	NOUN
fsr-3243	115	16	’s	’s	PART
fsr-3243	115	17	assets	asset	NOUN
fsr-3243	115	18	,	,	PUNCT
fsr-3243	115	19	and	and	CCONJ
fsr-3243	115	20	thus	thus	ADV
fsr-3243	115	21	produces	produce	VERB
fsr-3243	115	22	the	the	DET
fsr-3243	115	23	pwa	pwa	PROPN
fsr-3243	115	24	distribution	distribution	NOUN
fsr-3243	115	25	with	with	ADP
fsr-3243	115	26	the	the	DET
fsr-3243	115	27	largest	large	ADJ
fsr-3243	115	28	dispersion	dispersion	NOUN
fsr-3243	115	29	possible	possible	ADJ
fsr-3243	115	30	.	.	PUNCT
fsr-3243	116	1	by	by	ADP
fsr-3243	116	2	examining	examine	VERB
fsr-3243	116	3	this	this	DET
fsr-3243	116	4	“	"	PUNCT
fsr-3243	116	5	worst	bad	ADJ
fsr-3243	116	6	case	case	NOUN
fsr-3243	116	7	scenario	scenario	NOUN
fsr-3243	116	8	”	"	PUNCT
fsr-3243	116	9	we	we	PRON
fsr-3243	116	10	can	can	AUX
fsr-3243	116	11	get	get	VERB
fsr-3243	116	12	a	a	DET
fsr-3243	116	13	clearer	clear	ADJ
fsr-3243	116	14	idea	idea	NOUN
fsr-3243	116	15	of	of	ADP
fsr-3243	116	16	what	what	PRON
fsr-3243	116	17	pwa	pwa	PROPN
fsr-3243	116	18	distributions	distribution	NOUN
fsr-3243	116	19	look	look	VERB
fsr-3243	116	20	like	like	ADP
fsr-3243	116	21	in	in	ADP
fsr-3243	116	22	general	general	ADJ
fsr-3243	116	23	,	,	PUNCT
fsr-3243	116	24	keeping	keep	VERB
fsr-3243	116	25	in	in	ADP
fsr-3243	116	26	mind	mind	NOUN
fsr-3243	116	27	that	that	SCONJ
fsr-3243	116	28	for	for	ADP
fsr-3243	116	29	“	"	PUNCT
fsr-3243	116	30	normal	normal	ADJ
fsr-3243	116	31	”	"	PUNCT
fsr-3243	116	32	portfolio	portfolio	NOUN
fsr-3243	116	33	allocations	allocation	NOUN
fsr-3243	116	34	they	they	PRON
fsr-3243	116	35	would	would	AUX
fsr-3243	116	36	be	be	AUX
fsr-3243	116	37	more	more	ADV
fsr-3243	116	38	clustered	clustered	ADJ
fsr-3243	116	39	than	than	ADP
fsr-3243	116	40	what	what	PRON
fsr-3243	116	41	is	be	AUX
fsr-3243	116	42	shown	show	VERB
fsr-3243	116	43	here	here	ADV
fsr-3243	116	44	.	.	PUNCT
fsr-3243	117	1	to	to	PART
fsr-3243	117	2	apply	apply	VERB
fsr-3243	117	3	our	our	PRON
fsr-3243	117	4	model	model	NOUN
fsr-3243	117	5	we	we	PRON
fsr-3243	117	6	calculated	calculate	VERB
fsr-3243	117	7	the	the	DET
fsr-3243	117	8	monthly	monthly	ADJ
fsr-3243	117	9	returns	return	NOUN
fsr-3243	117	10	on	on	ADP
fsr-3243	117	11	the	the	DET
fsr-3243	117	12	s&p500	s&p500	NOUN
fsr-3243	117	13	for	for	ADP
fsr-3243	117	14	the	the	DET
fsr-3243	117	15	period	period	NOUN
fsr-3243	117	16	january	january	PROPN
fsr-3243	117	17	1957	1957	NUM
fsr-3243	117	18	through	through	ADP
fsr-3243	117	19	april	april	PROPN
fsr-3243	117	20	2013	2013	NUM
fsr-3243	117	21	and	and	CCONJ
fsr-3243	117	22	then	then	ADV
fsr-3243	117	23	used	use	VERB
fsr-3243	117	24	a	a	DET
fsr-3243	117	25	monte	monte	PROPN
fsr-3243	117	26	carlo	carlo	NOUN
fsr-3243	117	27	engine	engine	NOUN
fsr-3243	117	28	to	to	PART
fsr-3243	117	29	draw	draw	VERB
fsr-3243	117	30	360	360	NUM
fsr-3243	117	31	values	value	NOUN
fsr-3243	117	32	at	at	ADP
fsr-3243	117	33	random	random	ADJ
fsr-3243	117	34	from	from	ADP
fsr-3243	117	35	this	this	DET
fsr-3243	117	36	set	set	NOUN
fsr-3243	117	37	(	(	PUNCT
fsr-3243	117	38	one	one	NUM
fsr-3243	117	39	at	at	ADP
fsr-3243	117	40	a	a	DET
fsr-3243	117	41	time	time	NOUN
fsr-3243	117	42	,	,	PUNCT
fsr-3243	117	43	so	so	CCONJ
fsr-3243	117	44	it	it	PRON
fsr-3243	117	45	’s	’	VERB
fsr-3243	117	46	“	"	PUNCT
fsr-3243	117	47	with	with	ADP
fsr-3243	117	48	replacement	replacement	NOUN
fsr-3243	117	49	”	"	PUNCT
fsr-3243	117	50	)	)	PUNCT
fsr-3243	117	51	.	.	PUNCT
fsr-3243	118	1	these	these	PRON
fsr-3243	118	2	were	be	AUX
fsr-3243	118	3	then	then	ADV
fsr-3243	118	4	interpreted	interpret	VERB
fsr-3243	118	5	as	as	ADP
fsr-3243	118	6	the	the	DET
fsr-3243	118	7	monthly	monthly	ADJ
fsr-3243	118	8	returns	return	NOUN
fsr-3243	118	9	in	in	ADP
fsr-3243	118	10	a	a	DET
fsr-3243	118	11	30	30	NUM
fsr-3243	118	12	-	-	PUNCT
fsr-3243	118	13	year	year	NOUN
fsr-3243	118	14	planning	planning	NOUN
fsr-3243	118	15	horizon	horizon	NOUN
fsr-3243	118	16	,	,	PUNCT
fsr-3243	118	17	in	in	ADP
fsr-3243	118	18	the	the	DET
fsr-3243	118	19	same	same	ADJ
fsr-3243	118	20	order	order	NOUN
fsr-3243	118	21	as	as	SCONJ
fsr-3243	118	22	they	they	PRON
fsr-3243	118	23	were	be	AUX
fsr-3243	118	24	drawn	draw	VERB
fsr-3243	118	25	,	,	PUNCT
fsr-3243	118	26	so	so	CCONJ
fsr-3243	118	27	the	the	DET
fsr-3243	118	28	first	first	ADJ
fsr-3243	118	29	12	12	NUM
fsr-3243	118	30	values	value	NOUN
fsr-3243	118	31	were	be	AUX
fsr-3243	118	32	compounded	compound	VERB
fsr-3243	118	33	to	to	PART
fsr-3243	118	34	get	get	VERB
fsr-3243	118	35	the	the	DET
fsr-3243	118	36	annual	annual	ADJ
fsr-3243	118	37	return	return	NOUN
fsr-3243	118	38	for	for	ADP
fsr-3243	118	39	year	year	NOUN
fsr-3243	118	40	1	1	NUM
fsr-3243	118	41	,	,	PUNCT
fsr-3243	118	42	the	the	DET
fsr-3243	118	43	next	next	ADJ
fsr-3243	118	44	12	12	NUM
fsr-3243	118	45	values	value	NOUN
fsr-3243	118	46	became	become	VERB
fsr-3243	118	47	year	year	NOUN
fsr-3243	118	48	2	2	NUM
fsr-3243	118	49	,	,	PUNCT
fsr-3243	118	50	and	and	CCONJ
fsr-3243	118	51	so	so	ADV
fsr-3243	118	52	on.6	on.6	VERB
fsr-3243	118	53	the	the	DET
fsr-3243	118	54	engine	engine	NOUN
fsr-3243	118	55	repeated	repeat	VERB
fsr-3243	118	56	this	this	DET
fsr-3243	118	57	process	process	NOUN
fsr-3243	118	58	20,000	20,000	NUM
fsr-3243	118	59	times	time	NOUN
fsr-3243	118	60	and	and	CCONJ
fsr-3243	118	61	computed	compute	VERB
fsr-3243	118	62	the	the	DET
fsr-3243	118	63	cumulative	cumulative	ADJ
fsr-3243	118	64	return	return	NOUN
fsr-3243	118	65	(	(	PUNCT
fsr-3243	118	66	rn	rn	NOUN
fsr-3243	118	67	)	)	PUNCT
fsr-3243	118	68	and	and	CCONJ
fsr-3243	118	69	sequencing	sequence	VERB
fsr-3243	118	70	factor	factor	NOUN
fsr-3243	118	71	(	(	PUNCT
fsr-3243	118	72	sn	sn	PROPN
fsr-3243	118	73	)	)	PUNCT
fsr-3243	118	74	for	for	ADP
fsr-3243	118	75	each	each	DET
fsr-3243	118	76	series	series	NOUN
fsr-3243	118	77	of	of	ADP
fsr-3243	118	78	returns	return	NOUN
fsr-3243	118	79	obtained	obtain	VERB
fsr-3243	118	80	.	.	PUNCT
fsr-3243	119	1	this	this	PRON
fsr-3243	119	2	provided	provide	VERB
fsr-3243	119	3	us	we	PRON
fsr-3243	119	4	with	with	ADP
fsr-3243	119	5	20,000	20,000	NUM
fsr-3243	119	6	(	(	PUNCT
fsr-3243	119	7	rn	rn	PROPN
fsr-3243	119	8	,	,	PUNCT
fsr-3243	119	9	sn	sn	NOUN
fsr-3243	119	10	)	)	PUNCT
fsr-3243	119	11	pairs	pair	NOUN
fsr-3243	119	12	,	,	PUNCT
fsr-3243	119	13	each	each	DET
fsr-3243	119	14	pair	pair	NOUN
fsr-3243	119	15	standing	stand	VERB
fsr-3243	119	16	in	in	ADP
fsr-3243	119	17	for	for	ADP
fsr-3243	119	18	a	a	DET
fsr-3243	119	19	realistic	realistic	ADJ
fsr-3243	119	20	vector	vector	NOUN
fsr-3243	119	21	of	of	ADP
fsr-3243	119	22	return	return	NOUN
fsr-3243	119	23	rates	rate	NOUN
fsr-3243	119	24	with	with	ADP
fsr-3243	119	25	30	30	NUM
fsr-3243	119	26	entries.7	entries.7	NOUN
fsr-3243	119	27	fig	fig	NOUN
fsr-3243	119	28	.	.	PUNCT
fsr-3243	120	1	337e.d	337e.d	NUM
fsr-3243	120	2	.	.	PUNCT
fsr-3243	121	1	suarez	suarez	PROPN
fsr-3243	121	2	et	et	PROPN
fsr-3243	121	3	al	al	PROPN
fsr-3243	121	4	.	.	PUNCT
fsr-3243	121	5	/	/	SYM
fsr-3243	121	6	financial	financial	ADJ
fsr-3243	121	7	services	service	NOUN
fsr-3243	121	8	review	review	VERB
fsr-3243	121	9	24	24	NUM
fsr-3243	121	10	(	(	PUNCT
fsr-3243	121	11	2015	2015	NUM
fsr-3243	121	12	)	)	PUNCT
fsr-3243	121	13	331–357	331–357	NUM
fsr-3243	121	14	3	3	NUM
fsr-3243	121	15	presents	present	VERB
fsr-3243	121	16	the	the	DET
fsr-3243	121	17	frequency	frequency	NOUN
fsr-3243	121	18	distribution	distribution	NOUN
fsr-3243	121	19	of	of	ADP
fsr-3243	121	20	the	the	DET
fsr-3243	121	21	pwa	pwa	PROPN
fsr-3243	121	22	formula	formula	NOUN
fsr-3243	121	23	(	(	PUNCT
fsr-3243	121	24	eq	eq	NOUN
fsr-3243	121	25	.	.	PUNCT
fsr-3243	122	1	(	(	PUNCT
fsr-3243	122	2	5	5	NUM
fsr-3243	122	3	)	)	PUNCT
fsr-3243	122	4	)	)	PUNCT
fsr-3243	122	5	evaluated	evaluate	VERB
fsr-3243	122	6	at	at	ADP
fsr-3243	122	7	each	each	PRON
fsr-3243	122	8	of	of	ADP
fsr-3243	122	9	these	these	DET
fsr-3243	122	10	20,000	20,000	NUM
fsr-3243	122	11	(	(	PUNCT
fsr-3243	122	12	rn	rn	PROPN
fsr-3243	122	13	,	,	PUNCT
fsr-3243	122	14	sn	sn	NOUN
fsr-3243	122	15	)	)	PUNCT
fsr-3243	122	16	pairs	pair	NOUN
fsr-3243	122	17	,	,	PUNCT
fsr-3243	122	18	using	use	VERB
fsr-3243	122	19	$	$	SYM
fsr-3243	122	20	1	1	NUM
fsr-3243	122	21	million	million	NUM
fsr-3243	122	22	as	as	ADP
fsr-3243	122	23	starting	start	VERB
fsr-3243	122	24	balance	balance	NOUN
fsr-3243	122	25	and	and	CCONJ
fsr-3243	122	26	with	with	ADP
fsr-3243	122	27	$	$	SYM
fsr-3243	122	28	0	0	NUM
fsr-3243	122	29	as	as	ADP
fsr-3243	122	30	desired	desire	VERB
fsr-3243	122	31	ending	end	VERB
fsr-3243	122	32	balance	balance	NOUN
fsr-3243	122	33	.	.	PUNCT
fsr-3243	123	1	fig	fig	NOUN
fsr-3243	123	2	.	.	PUNCT
fsr-3243	124	1	4	4	NUM
fsr-3243	124	2	is	be	AUX
fsr-3243	124	3	the	the	DET
fsr-3243	124	4	same	same	ADJ
fsr-3243	124	5	but	but	CCONJ
fsr-3243	124	6	with	with	SCONJ
fsr-3243	124	7	cutoff	cutoff	NOUN
fsr-3243	124	8	points	point	NOUN
fsr-3243	124	9	for	for	ADP
fsr-3243	124	10	deciles	decile	NOUN
fsr-3243	124	11	indicated	indicate	VERB
fsr-3243	124	12	.	.	PUNCT
fsr-3243	125	1	some	some	PRON
fsr-3243	125	2	of	of	ADP
fsr-3243	125	3	the	the	DET
fsr-3243	125	4	advantages	advantage	NOUN
fsr-3243	125	5	provided	provide	VERB
fsr-3243	125	6	by	by	ADP
fsr-3243	125	7	our	our	PRON
fsr-3243	125	8	model	model	NOUN
fsr-3243	125	9	can	can	AUX
fsr-3243	125	10	be	be	AUX
fsr-3243	125	11	seen	see	VERB
fsr-3243	125	12	in	in	ADP
fsr-3243	125	13	these	these	DET
fsr-3243	125	14	charts	chart	NOUN
fsr-3243	125	15	.	.	PUNCT
fsr-3243	126	1	for	for	ADP
fsr-3243	126	2	example	example	NOUN
fsr-3243	126	3	,	,	PUNCT
fsr-3243	126	4	the	the	DET
fsr-3243	126	5	tabulations	tabulation	NOUN
fsr-3243	126	6	used	use	VERB
fsr-3243	126	7	to	to	PART
fsr-3243	126	8	produce	produce	VERB
fsr-3243	126	9	the	the	DET
fsr-3243	126	10	charts	chart	NOUN
fsr-3243	126	11	can	can	AUX
fsr-3243	126	12	be	be	AUX
fsr-3243	126	13	used	use	VERB
fsr-3243	126	14	to	to	PART
fsr-3243	126	15	locate	locate	VERB
fsr-3243	126	16	any	any	DET
fsr-3243	126	17	withdrawal	withdrawal	NOUN
fsr-3243	126	18	amount	amount	NOUN
fsr-3243	126	19	,	,	PUNCT
fsr-3243	126	20	not	not	PART
fsr-3243	126	21	just	just	ADV
fsr-3243	126	22	milestone	milestone	NOUN
fsr-3243	126	23	values	value	NOUN
fsr-3243	126	24	and	and	CCONJ
fsr-3243	126	25	not	not	PART
fsr-3243	126	26	only	only	ADV
fsr-3243	126	27	amounts	amount	NOUN
fsr-3243	126	28	in	in	ADP
fsr-3243	126	29	the	the	DET
fsr-3243	126	30	lower	low	ADJ
fsr-3243	126	31	end	end	NOUN
fsr-3243	126	32	of	of	ADP
fsr-3243	126	33	the	the	DET
fsr-3243	126	34	range	range	NOUN
fsr-3243	126	35	.	.	PUNCT
fsr-3243	127	1	so	so	ADV
fsr-3243	127	2	we	we	PRON
fsr-3243	127	3	can	can	AUX
fsr-3243	127	4	readily	readily	ADV
fsr-3243	127	5	advise	advise	VERB
fsr-3243	127	6	on	on	ADP
fsr-3243	127	7	the	the	DET
fsr-3243	127	8	consequences	consequence	NOUN
fsr-3243	127	9	of	of	ADP
fsr-3243	127	10	withdrawing	withdraw	VERB
fsr-3243	127	11	,	,	PUNCT
fsr-3243	127	12	say	say	INTJ
fsr-3243	127	13	,	,	PUNCT
fsr-3243	127	14	$	$	SYM
fsr-3243	127	15	62,000	62,000	NUM
fsr-3243	127	16	every	every	DET
fsr-3243	127	17	year	year	NOUN
fsr-3243	127	18	;	;	PUNCT
fsr-3243	127	19	from	from	ADP
fsr-3243	127	20	the	the	DET
fsr-3243	127	21	underlying	underlie	VERB
fsr-3243	127	22	tabulation	tabulation	NOUN
fsr-3243	127	23	we	we	PRON
fsr-3243	127	24	read	read	VERB
fsr-3243	127	25	that	that	SCONJ
fsr-3243	127	26	64	64	NUM
fsr-3243	127	27	%	%	NOUN
fsr-3243	127	28	of	of	ADP
fsr-3243	127	29	the	the	DET
fsr-3243	127	30	monte	monte	PROPN
fsr-3243	127	31	carlo	carlo	PROPN
fsr-3243	127	32	runs	run	NOUN
fsr-3243	127	33	produced	produce	VERB
fsr-3243	127	34	pwas	pwa	VERB
fsr-3243	127	35	higher	high	ADJ
fsr-3243	127	36	than	than	ADP
fsr-3243	127	37	$	$	SYM
fsr-3243	127	38	62,000	62,000	NUM
fsr-3243	127	39	,	,	PUNCT
fsr-3243	127	40	so	so	SCONJ
fsr-3243	127	41	failure	failure	NOUN
fsr-3243	127	42	risk	risk	NOUN
fsr-3243	127	43	for	for	ADP
fsr-3243	127	44	that	that	DET
fsr-3243	127	45	withdrawal	withdrawal	NOUN
fsr-3243	127	46	amount	amount	NOUN
fsr-3243	127	47	is	be	AUX
fsr-3243	127	48	36	36	NUM
fsr-3243	127	49	%	%	NOUN
fsr-3243	127	50	.	.	PUNCT
fsr-3243	128	1	this	this	DET
fsr-3243	128	2	distribution	distribution	NOUN
fsr-3243	128	3	was	be	AUX
fsr-3243	128	4	calculated	calculate	VERB
fsr-3243	128	5	using	use	VERB
fsr-3243	128	6	$	$	SYM
fsr-3243	128	7	0	0	NUM
fsr-3243	128	8	as	as	ADP
fsr-3243	128	9	desired	desire	VERB
fsr-3243	128	10	ending	ending	NOUN
fsr-3243	128	11	balance	balance	NOUN
fsr-3243	128	12	,	,	PUNCT
fsr-3243	128	13	so	so	CCONJ
fsr-3243	128	14	the	the	DET
fsr-3243	128	15	failure	failure	NOUN
fsr-3243	128	16	risk	risk	NOUN
fsr-3243	128	17	figure	figure	NOUN
fsr-3243	128	18	estimates	estimate	VERB
fsr-3243	128	19	the	the	DET
fsr-3243	128	20	probability	probability	NOUN
fsr-3243	128	21	of	of	ADP
fsr-3243	128	22	total	total	ADJ
fsr-3243	128	23	ruin	ruin	NOUN
fsr-3243	128	24	.	.	PUNCT
fsr-3243	129	1	however	however	ADV
fsr-3243	129	2	,	,	PUNCT
fsr-3243	129	3	if	if	SCONJ
fsr-3243	129	4	the	the	DET
fsr-3243	129	5	calculations	calculation	NOUN
fsr-3243	129	6	had	have	AUX
fsr-3243	129	7	included	include	VERB
fsr-3243	129	8	a	a	DET
fsr-3243	129	9	bequest	bequest	NOUN
fsr-3243	129	10	target	target	NOUN
fsr-3243	129	11	,	,	PUNCT
fsr-3243	129	12	the	the	DET
fsr-3243	129	13	cumulative	cumulative	ADJ
fsr-3243	129	14	areas	area	NOUN
fsr-3243	129	15	under	under	ADP
fsr-3243	129	16	the	the	DET
fsr-3243	129	17	pwa	pwa	PROPN
fsr-3243	129	18	curve	curve	NOUN
fsr-3243	129	19	would	would	AUX
fsr-3243	129	20	represent	represent	VERB
fsr-3243	129	21	probabilities	probability	NOUN
fsr-3243	129	22	of	of	ADP
fsr-3243	129	23	not	not	PART
fsr-3243	129	24	reaching	reach	VERB
fsr-3243	129	25	this	this	DET
fsr-3243	129	26	target	target	NOUN
fsr-3243	129	27	instead	instead	ADV
fsr-3243	129	28	of	of	ADP
fsr-3243	129	29	total	total	ADJ
fsr-3243	129	30	depletion	depletion	NOUN
fsr-3243	129	31	.	.	PUNCT
fsr-3243	130	1	the	the	DET
fsr-3243	130	2	retiree	retiree	NOUN
fsr-3243	130	3	might	might	AUX
fsr-3243	130	4	be	be	AUX
fsr-3243	130	5	interested	interested	ADJ
fsr-3243	130	6	in	in	ADP
fsr-3243	130	7	separating	separate	VERB
fsr-3243	130	8	these	these	DET
fsr-3243	130	9	two	two	NUM
fsr-3243	130	10	numbers	number	NOUN
fsr-3243	130	11	,	,	PUNCT
fsr-3243	130	12	and	and	CCONJ
fsr-3243	130	13	the	the	DET
fsr-3243	130	14	framework	framework	NOUN
fsr-3243	130	15	provides	provide	VERB
fsr-3243	130	16	a	a	DET
fsr-3243	130	17	way	way	NOUN
fsr-3243	130	18	to	to	PART
fsr-3243	130	19	do	do	VERB
fsr-3243	130	20	this	this	PRON
fsr-3243	130	21	:	:	PUNCT
fsr-3243	130	22	just	just	ADV
fsr-3243	130	23	compare	compare	VERB
fsr-3243	130	24	the	the	DET
fsr-3243	130	25	failure	failure	NOUN
fsr-3243	130	26	risk	risk	NOUN
fsr-3243	130	27	levels	level	NOUN
fsr-3243	130	28	,	,	PUNCT
fsr-3243	130	29	with	with	ADP
fsr-3243	130	30	and	and	CCONJ
fsr-3243	130	31	without	without	ADP
fsr-3243	130	32	bequest	bequest	NOUN
fsr-3243	130	33	,	,	PUNCT
fsr-3243	130	34	at	at	ADP
fsr-3243	130	35	that	that	DET
fsr-3243	130	36	withdrawal	withdrawal	NOUN
fsr-3243	130	37	amount	amount	NOUN
fsr-3243	130	38	.	.	PUNCT
fsr-3243	131	1	fig	fig	NOUN
fsr-3243	131	2	.	.	PUNCT
fsr-3243	132	1	5	5	NUM
fsr-3243	132	2	shows	show	VERB
fsr-3243	132	3	this	this	PRON
fsr-3243	132	4	graphically	graphically	ADV
fsr-3243	132	5	.	.	PUNCT
fsr-3243	133	1	surplus	surplus	ADJ
fsr-3243	133	2	risk	risk	NOUN
fsr-3243	133	3	,	,	PUNCT
fsr-3243	133	4	in	in	ADP
fsr-3243	133	5	turn	turn	NOUN
fsr-3243	133	6	,	,	PUNCT
fsr-3243	133	7	can	can	AUX
fsr-3243	133	8	be	be	AUX
fsr-3243	133	9	estimated	estimate	VERB
fsr-3243	133	10	by	by	ADP
fsr-3243	133	11	inverting	invert	VERB
fsr-3243	133	12	the	the	DET
fsr-3243	133	13	roles	role	NOUN
fsr-3243	133	14	of	of	ADP
fsr-3243	133	15	the	the	DET
fsr-3243	133	16	withdrawal	withdrawal	NOUN
fsr-3243	133	17	amount	amount	NOUN
fsr-3243	133	18	and	and	CCONJ
fsr-3243	133	19	the	the	DET
fsr-3243	133	20	ending	end	VERB
fsr-3243	133	21	balance	balance	NOUN
fsr-3243	133	22	as	as	ADP
fsr-3243	133	23	dependent	dependent	ADJ
fsr-3243	133	24	/	/	SYM
fsr-3243	133	25	independent	independent	ADJ
fsr-3243	133	26	variables	variable	NOUN
fsr-3243	133	27	in	in	ADP
fsr-3243	133	28	the	the	DET
fsr-3243	133	29	analysis	analysis	NOUN
fsr-3243	133	30	.	.	PUNCT
fsr-3243	134	1	for	for	ADP
fsr-3243	134	2	the	the	DET
fsr-3243	134	3	example	example	NOUN
fsr-3243	134	4	above	above	ADV
fsr-3243	134	5	,	,	PUNCT
fsr-3243	134	6	one	one	PRON
fsr-3243	134	7	would	would	AUX
fsr-3243	134	8	use	use	VERB
fsr-3243	134	9	the	the	DET
fsr-3243	134	10	same	same	ADJ
fsr-3243	134	11	set	set	NOUN
fsr-3243	134	12	of	of	ADP
fsr-3243	134	13	(	(	PUNCT
fsr-3243	134	14	rn	rn	PROPN
fsr-3243	134	15	,	,	PUNCT
fsr-3243	134	16	sn	sn	NOUN
fsr-3243	134	17	)	)	PUNCT
fsr-3243	134	18	pairs	pair	NOUN
fsr-3243	134	19	to	to	PART
fsr-3243	134	20	evaluate	evaluate	VERB
fsr-3243	134	21	ke	ke	PROPN
fsr-3243	134	22	�	�	PROPN
fsr-3243	134	23	rnks	rnk	VERB
fsr-3243	134	24	�	�	PROPN
fsr-3243	134	25	62,000	62,000	NUM
fsr-3243	134	26	/	/	SYM
fsr-3243	134	27	sn	sn	PROPN
fsr-3243	134	28	,	,	PUNCT
fsr-3243	134	29	and	and	CCONJ
fsr-3243	134	30	then	then	ADV
fsr-3243	134	31	tabulate	tabulate	VERB
fsr-3243	134	32	the	the	DET
fsr-3243	134	33	resulting	result	VERB
fsr-3243	134	34	figures.8	figures.8	NOUN
fsr-3243	134	35	we	we	PRON
fsr-3243	134	36	used	use	VERB
fsr-3243	134	37	this	this	DET
fsr-3243	134	38	feature	feature	NOUN
fsr-3243	134	39	to	to	PART
fsr-3243	134	40	estimate	estimate	VERB
fsr-3243	134	41	surplus	surplus	ADJ
fsr-3243	134	42	risk	risk	NOUN
fsr-3243	134	43	in	in	ADP
fsr-3243	134	44	this	this	DET
fsr-3243	134	45	same	same	ADJ
fsr-3243	134	46	scenario	scenario	NOUN
fsr-3243	134	47	using	use	VERB
fsr-3243	134	48	$	$	SYM
fsr-3243	134	49	43,000	43,000	NUM
fsr-3243	134	50	as	as	ADP
fsr-3243	134	51	withdrawal	withdrawal	NOUN
fsr-3243	134	52	amount	amount	NOUN
fsr-3243	134	53	(	(	PUNCT
fsr-3243	134	54	which	which	PRON
fsr-3243	134	55	is	be	AUX
fsr-3243	134	56	approximately	approximately	ADV
fsr-3243	134	57	the	the	DET
fsr-3243	134	58	cutoff	cutoff	NOUN
fsr-3243	134	59	point	point	NOUN
fsr-3243	134	60	for	for	ADP
fsr-3243	134	61	the	the	DET
fsr-3243	134	62	first	first	ADJ
fsr-3243	134	63	decile	decile	NOUN
fsr-3243	134	64	of	of	ADP
fsr-3243	134	65	the	the	DET
fsr-3243	134	66	pwa	pwa	PROPN
fsr-3243	134	67	distribution	distribution	NOUN
fsr-3243	134	68	)	)	PUNCT
fsr-3243	134	69	.	.	PUNCT
fsr-3243	135	1	as	as	SCONJ
fsr-3243	135	2	expected	expect	VERB
fsr-3243	135	3	,	,	PUNCT
fsr-3243	135	4	close	close	ADJ
fsr-3243	135	5	to	to	PART
fsr-3243	135	6	90	90	NUM
fsr-3243	135	7	%	%	NOUN
fsr-3243	135	8	of	of	ADP
fsr-3243	135	9	the	the	DET
fsr-3243	135	10	runs	run	NOUN
fsr-3243	135	11	left	leave	VERB
fsr-3243	135	12	a	a	DET
fsr-3243	135	13	positive	positive	ADJ
fsr-3243	135	14	balance	balance	NOUN
fsr-3243	135	15	behind—90.9	behind—90.9	NOUN
fsr-3243	135	16	%	%	NOUN
fsr-3243	135	17	“	"	PUNCT
fsr-3243	135	18	did	do	AUX
fsr-3243	135	19	n’t	not	PART
fsr-3243	135	20	fail”—but	fail”—but	ADP
fsr-3243	135	21	other	other	ADJ
fsr-3243	135	22	points	point	NOUN
fsr-3243	135	23	along	along	ADP
fsr-3243	135	24	the	the	DET
fsr-3243	135	25	distribution	distribution	NOUN
fsr-3243	135	26	of	of	ADP
fsr-3243	135	27	ending	end	VERB
fsr-3243	135	28	balances	balance	NOUN
fsr-3243	135	29	deserve	deserve	VERB
fsr-3243	135	30	mentioning	mention	VERB
fsr-3243	135	31	.	.	PUNCT
fsr-3243	136	1	fig	fig	NOUN
fsr-3243	136	2	.	.	PUNCT
fsr-3243	137	1	3	3	X
fsr-3243	137	2	.	.	NOUN
fsr-3243	137	3	frequency	frequency	NOUN
fsr-3243	137	4	distribution	distribution	NOUN
fsr-3243	137	5	of	of	ADP
fsr-3243	137	6	annual	annual	ADJ
fsr-3243	137	7	pwas	pwa	VERB
fsr-3243	137	8	in	in	ADP
fsr-3243	137	9	20,000	20,000	NUM
fsr-3243	137	10	monte	monte	PROPN
fsr-3243	137	11	carlo	carlo	PROPN
fsr-3243	137	12	runs	run	NOUN
fsr-3243	137	13	,	,	PUNCT
fsr-3243	137	14	with	with	ADP
fsr-3243	137	15	the	the	DET
fsr-3243	137	16	specific	specific	ADJ
fsr-3243	137	17	parameters	parameter	NOUN
fsr-3243	137	18	shown	show	VERB
fsr-3243	137	19	in	in	ADP
fsr-3243	137	20	the	the	DET
fsr-3243	137	21	header	header	NOUN
fsr-3243	137	22	.	.	PUNCT
fsr-3243	138	1	this	this	DET
fsr-3243	138	2	distribution	distribution	NOUN
fsr-3243	138	3	is	be	AUX
fsr-3243	138	4	then	then	ADV
fsr-3243	138	5	interpreted	interpret	VERB
fsr-3243	138	6	as	as	ADP
fsr-3243	138	7	a	a	DET
fsr-3243	138	8	probability	probability	NOUN
fsr-3243	138	9	distribution	distribution	NOUN
fsr-3243	138	10	for	for	ADP
fsr-3243	138	11	the	the	DET
fsr-3243	138	12	optimal	optimal	ADJ
fsr-3243	138	13	withdrawal	withdrawal	NOUN
fsr-3243	138	14	amount	amount	NOUN
fsr-3243	138	15	.	.	PUNCT
fsr-3243	139	1	338	338	NUM
fsr-3243	139	2	e.d	e.d	PROPN
fsr-3243	139	3	.	.	PROPN
fsr-3243	139	4	suarez	suarez	PROPN
fsr-3243	139	5	et	et	PROPN
fsr-3243	139	6	al	al	PROPN
fsr-3243	139	7	.	.	PUNCT
fsr-3243	139	8	/	/	SYM
fsr-3243	139	9	financial	financial	ADJ
fsr-3243	139	10	services	service	NOUN
fsr-3243	139	11	review	review	VERB
fsr-3243	139	12	24	24	NUM
fsr-3243	139	13	(	(	PUNCT
fsr-3243	139	14	2015	2015	NUM
fsr-3243	139	15	)	)	PUNCT
fsr-3243	139	16	331–357	331–357	NUM
fsr-3243	139	17	fig	fig	NOUN
fsr-3243	139	18	.	.	PUNCT
fsr-3243	140	1	4	4	NUM
fsr-3243	140	2	.	.	NOUN
fsr-3243	140	3	same	same	ADJ
fsr-3243	140	4	as	as	ADP
fsr-3243	140	5	fig	fig	NOUN
fsr-3243	140	6	.	.	PUNCT
fsr-3243	141	1	3	3	NUM
fsr-3243	141	2	,	,	PUNCT
fsr-3243	141	3	but	but	CCONJ
fsr-3243	141	4	now	now	ADV
fsr-3243	141	5	indicating	indicate	VERB
fsr-3243	141	6	the	the	DET
fsr-3243	141	7	figures	figure	NOUN
fsr-3243	141	8	that	that	PRON
fsr-3243	141	9	delimit	delimit	VERB
fsr-3243	141	10	10	10	NUM
fsr-3243	141	11	%	%	NOUN
fsr-3243	141	12	areas	area	NOUN
fsr-3243	141	13	under	under	ADP
fsr-3243	141	14	the	the	DET
fsr-3243	141	15	curve	curve	NOUN
fsr-3243	141	16	.	.	PUNCT
fsr-3243	142	1	these	these	PRON
fsr-3243	142	2	would	would	AUX
fsr-3243	142	3	be	be	AUX
fsr-3243	142	4	the	the	DET
fsr-3243	142	5	“	"	PUNCT
fsr-3243	142	6	milestone	milestone	NOUN
fsr-3243	142	7	”	"	PUNCT
fsr-3243	142	8	annual	annual	ADJ
fsr-3243	142	9	withdrawal	withdrawal	NOUN
fsr-3243	142	10	amounts	amount	VERB
fsr-3243	142	11	for	for	ADP
fsr-3243	142	12	the	the	DET
fsr-3243	142	13	parameter	parameter	NOUN
fsr-3243	142	14	values	value	NOUN
fsr-3243	142	15	given	give	VERB
fsr-3243	142	16	in	in	ADP
fsr-3243	142	17	the	the	DET
fsr-3243	142	18	header	header	NOUN
fsr-3243	142	19	.	.	PUNCT
fsr-3243	143	1	fig	fig	NOUN
fsr-3243	143	2	.	.	PUNCT
fsr-3243	144	1	5	5	X
fsr-3243	144	2	.	.	PUNCT
fsr-3243	144	3	the	the	DET
fsr-3243	144	4	continuous	continuous	ADJ
fsr-3243	144	5	line	line	NOUN
fsr-3243	144	6	is	be	AUX
fsr-3243	144	7	fig	fig	NOUN
fsr-3243	144	8	.	.	PUNCT
fsr-3243	145	1	3	3	X
fsr-3243	145	2	.	.	X
fsr-3243	145	3	the	the	DET
fsr-3243	145	4	broken	broken	ADJ
fsr-3243	145	5	line	line	NOUN
fsr-3243	145	6	is	be	AUX
fsr-3243	145	7	the	the	DET
fsr-3243	145	8	pwa	pwa	PROPN
fsr-3243	145	9	distribution	distribution	NOUN
fsr-3243	145	10	when	when	SCONJ
fsr-3243	145	11	the	the	DET
fsr-3243	145	12	desired	desire	VERB
fsr-3243	145	13	ending	ending	NOUN
fsr-3243	145	14	balance	balance	NOUN
fsr-3243	145	15	is	be	AUX
fsr-3243	145	16	$	$	SYM
fsr-3243	145	17	500k	500k	NUM
fsr-3243	145	18	.	.	PUNCT
fsr-3243	146	1	failure	failure	NOUN
fsr-3243	146	2	risk	risk	NOUN
fsr-3243	146	3	at	at	ADP
fsr-3243	146	4	$	$	SYM
fsr-3243	146	5	62k	62k	NUM
fsr-3243	146	6	rises	rise	VERB
fsr-3243	146	7	from	from	ADP
fsr-3243	146	8	36	36	NUM
fsr-3243	146	9	%	%	NOUN
fsr-3243	146	10	in	in	ADP
fsr-3243	146	11	the	the	DET
fsr-3243	146	12	no	no	DET
fsr-3243	146	13	-	-	PUNCT
fsr-3243	146	14	bequest	bequest	NOUN
fsr-3243	146	15	graph	graph	NOUN
fsr-3243	146	16	,	,	PUNCT
fsr-3243	146	17	to	to	ADP
fsr-3243	146	18	46	46	NUM
fsr-3243	146	19	%	%	NOUN
fsr-3243	146	20	in	in	ADP
fsr-3243	146	21	the	the	DET
fsr-3243	146	22	$	$	SYM
fsr-3243	146	23	500k	500k	NUM
fsr-3243	146	24	bequest	bequest	NOUN
fsr-3243	146	25	-	-	PUNCT
fsr-3243	146	26	goal	goal	NOUN
fsr-3243	146	27	graph	graph	NOUN
fsr-3243	146	28	.	.	PUNCT
fsr-3243	147	1	this	this	PRON
fsr-3243	147	2	means	mean	VERB
fsr-3243	147	3	that	that	SCONJ
fsr-3243	147	4	the	the	DET
fsr-3243	147	5	probability	probability	NOUN
fsr-3243	147	6	of	of	ADP
fsr-3243	147	7	a	a	DET
fsr-3243	147	8	final	final	ADJ
fsr-3243	147	9	balance	balance	NOUN
fsr-3243	147	10	between	between	ADP
fsr-3243	147	11	$	$	SYM
fsr-3243	147	12	0	0	NUM
fsr-3243	147	13	and	and	CCONJ
fsr-3243	147	14	$	$	SYM
fsr-3243	147	15	500k	500k	NUM
fsr-3243	147	16	is	be	AUX
fsr-3243	147	17	10	10	NUM
fsr-3243	147	18	%	%	NOUN
fsr-3243	147	19	.	.	PUNCT
fsr-3243	148	1	339e.d	339e.d	X
fsr-3243	148	2	.	.	PUNCT
fsr-3243	149	1	suarez	suarez	PROPN
fsr-3243	149	2	et	et	PROPN
fsr-3243	149	3	al	al	PROPN
fsr-3243	149	4	.	.	PUNCT
fsr-3243	149	5	/	/	SYM
fsr-3243	149	6	financial	financial	ADJ
fsr-3243	149	7	services	service	NOUN
fsr-3243	149	8	review	review	VERB
fsr-3243	149	9	24	24	NUM
fsr-3243	149	10	(	(	PUNCT
fsr-3243	149	11	2015	2015	NUM
fsr-3243	149	12	)	)	PUNCT
fsr-3243	149	13	331–357	331–357	NUM
fsr-3243	149	14	for	for	ADP
fsr-3243	149	15	example	example	NOUN
fsr-3243	149	16	,	,	PUNCT
fsr-3243	149	17	74	74	NUM
fsr-3243	149	18	%	%	NOUN
fsr-3243	149	19	of	of	ADP
fsr-3243	149	20	the	the	DET
fsr-3243	149	21	runs	run	NOUN
fsr-3243	149	22	ended	end	VERB
fsr-3243	149	23	up	up	ADP
fsr-3243	149	24	with	with	ADP
fsr-3243	149	25	more	more	ADJ
fsr-3243	149	26	money	money	NOUN
fsr-3243	149	27	than	than	SCONJ
fsr-3243	149	28	they	they	PRON
fsr-3243	149	29	began	begin	VERB
fsr-3243	149	30	with	with	ADP
fsr-3243	149	31	,	,	PUNCT
fsr-3243	149	32	that	that	ADV
fsr-3243	149	33	is	is	ADV
fsr-3243	149	34	,	,	PUNCT
fsr-3243	149	35	the	the	DET
fsr-3243	149	36	final	final	ADJ
fsr-3243	149	37	balance	balance	NOUN
fsr-3243	149	38	was	be	AUX
fsr-3243	149	39	larger	large	ADJ
fsr-3243	149	40	than	than	ADP
fsr-3243	149	41	the	the	DET
fsr-3243	149	42	starting	start	VERB
fsr-3243	149	43	balance	balance	NOUN
fsr-3243	149	44	(	(	PUNCT
fsr-3243	149	45	and	and	CCONJ
fsr-3243	149	46	the	the	DET
fsr-3243	149	47	desired	desire	VERB
fsr-3243	149	48	ending	ending	NOUN
fsr-3243	149	49	balance	balance	NOUN
fsr-3243	149	50	was	be	AUX
fsr-3243	149	51	zero	zero	NUM
fsr-3243	149	52	)	)	PUNCT
fsr-3243	149	53	.	.	PUNCT
fsr-3243	150	1	the	the	DET
fsr-3243	150	2	final	final	ADJ
fsr-3243	150	3	balance	balance	NOUN
fsr-3243	150	4	is	be	AUX
fsr-3243	150	5	two	two	NUM
fsr-3243	150	6	times	time	NOUN
fsr-3243	150	7	or	or	CCONJ
fsr-3243	150	8	more	more	ADJ
fsr-3243	150	9	the	the	DET
fsr-3243	150	10	starting	starting	NOUN
fsr-3243	150	11	balance	balance	NOUN
fsr-3243	150	12	in	in	ADP
fsr-3243	150	13	58	58	NUM
fsr-3243	150	14	%	%	NOUN
fsr-3243	150	15	of	of	ADP
fsr-3243	150	16	the	the	DET
fsr-3243	150	17	runs	run	NOUN
fsr-3243	150	18	.	.	PUNCT
fsr-3243	151	1	if	if	SCONJ
fsr-3243	151	2	one	one	NUM
fsr-3243	151	3	were	be	AUX
fsr-3243	151	4	to	to	PART
fsr-3243	151	5	take	take	VERB
fsr-3243	151	6	this	this	DET
fsr-3243	151	7	“	"	PUNCT
fsr-3243	151	8	4.3	4.3	NUM
fsr-3243	151	9	%	%	NOUN
fsr-3243	151	10	rule	rule	NOUN
fsr-3243	151	11	”	"	PUNCT
fsr-3243	151	12	at	at	ADP
fsr-3243	151	13	face	face	NOUN
fsr-3243	151	14	value	value	NOUN
fsr-3243	151	15	,	,	PUNCT
fsr-3243	151	16	a	a	DET
fsr-3243	151	17	100	100	NUM
fsr-3243	151	18	%	%	NOUN
fsr-3243	151	19	equity	equity	NOUN
fsr-3243	151	20	portfolio	portfolio	NOUN
fsr-3243	151	21	would	would	AUX
fsr-3243	151	22	have	have	VERB
fsr-3243	151	23	a	a	DET
fsr-3243	151	24	12	12	NUM
fsr-3243	151	25	%	%	NOUN
fsr-3243	151	26	probability	probability	NOUN
fsr-3243	151	27	of	of	ADP
fsr-3243	151	28	ending	end	VERB
fsr-3243	151	29	up	up	ADP
fsr-3243	151	30	with	with	ADP
fsr-3243	151	31	10	10	NUM
fsr-3243	151	32	times	time	NOUN
fsr-3243	151	33	or	or	CCONJ
fsr-3243	151	34	more	more	ADJ
fsr-3243	151	35	what	what	PRON
fsr-3243	151	36	it	it	PRON
fsr-3243	151	37	had	have	AUX
fsr-3243	151	38	at	at	ADP
fsr-3243	151	39	the	the	DET
fsr-3243	151	40	beginning	beginning	NOUN
fsr-3243	151	41	!	!	PUNCT
fsr-3243	152	1	similar	similar	ADJ
fsr-3243	152	2	results	result	NOUN
fsr-3243	152	3	have	have	AUX
fsr-3243	152	4	been	be	AUX
fsr-3243	152	5	found	find	VERB
fsr-3243	152	6	before	before	ADV
fsr-3243	152	7	and	and	CCONJ
fsr-3243	152	8	have	have	AUX
fsr-3243	152	9	been	be	AUX
fsr-3243	152	10	fully	fully	ADV
fsr-3243	152	11	acknowledged	acknowledge	VERB
fsr-3243	152	12	(	(	PUNCT
fsr-3243	152	13	cooley	cooley	PROPN
fsr-3243	152	14	,	,	PUNCT
fsr-3243	152	15	hubbard	hubbard	PROPN
fsr-3243	152	16	,	,	PUNCT
fsr-3243	152	17	and	and	CCONJ
fsr-3243	152	18	walz	walz	PROPN
fsr-3243	152	19	,	,	PUNCT
fsr-3243	152	20	1998	1998	NUM
fsr-3243	152	21	)	)	PUNCT
fsr-3243	152	22	,	,	PUNCT
fsr-3243	152	23	but	but	CCONJ
fsr-3243	152	24	even	even	ADV
fsr-3243	152	25	so	so	ADV
fsr-3243	152	26	we	we	PRON
fsr-3243	152	27	feel	feel	VERB
fsr-3243	152	28	that	that	SCONJ
fsr-3243	152	29	they	they	PRON
fsr-3243	152	30	call	call	VERB
fsr-3243	152	31	for	for	ADP
fsr-3243	152	32	a	a	DET
fsr-3243	152	33	reassessment	reassessment	NOUN
fsr-3243	152	34	of	of	ADP
fsr-3243	152	35	the	the	DET
fsr-3243	152	36	“	"	PUNCT
fsr-3243	152	37	safe	safe	ADJ
fsr-3243	152	38	withdrawal	withdrawal	NOUN
fsr-3243	152	39	rate	rate	NOUN
fsr-3243	152	40	”	"	PUNCT
fsr-3243	152	41	approach	approach	NOUN
fsr-3243	152	42	because	because	SCONJ
fsr-3243	152	43	of	of	ADP
fsr-3243	152	44	the	the	DET
fsr-3243	152	45	large	large	ADJ
fsr-3243	152	46	size	size	NOUN
fsr-3243	152	47	of	of	ADP
fsr-3243	152	48	the	the	DET
fsr-3243	152	49	ending	end	VERB
fsr-3243	152	50	balances	balance	NOUN
fsr-3243	152	51	associated	associate	VERB
fsr-3243	152	52	with	with	ADP
fsr-3243	152	53	it	it	PRON
fsr-3243	152	54	.	.	PUNCT
fsr-3243	153	1	we	we	PRON
fsr-3243	153	2	think	think	VERB
fsr-3243	153	3	this	this	DET
fsr-3243	153	4	approach	approach	NOUN
fsr-3243	153	5	could	could	AUX
fsr-3243	153	6	be	be	AUX
fsr-3243	153	7	used	use	VERB
fsr-3243	153	8	as	as	ADP
fsr-3243	153	9	a	a	DET
fsr-3243	153	10	conservative	conservative	ADJ
fsr-3243	153	11	guideline	guideline	NOUN
fsr-3243	153	12	to	to	PART
fsr-3243	153	13	start	start	VERB
fsr-3243	153	14	the	the	DET
fsr-3243	153	15	series	series	NOUN
fsr-3243	153	16	of	of	ADP
fsr-3243	153	17	withdrawals	withdrawal	NOUN
fsr-3243	153	18	,	,	PUNCT
fsr-3243	153	19	but	but	CCONJ
fsr-3243	153	20	understanding	understand	VERB
fsr-3243	153	21	that	that	SCONJ
fsr-3243	153	22	it	it	PRON
fsr-3243	153	23	is	be	AUX
fsr-3243	153	24	very	very	ADV
fsr-3243	153	25	likely	likely	ADJ
fsr-3243	153	26	that	that	SCONJ
fsr-3243	153	27	we	we	PRON
fsr-3243	153	28	will	will	AUX
fsr-3243	153	29	be	be	AUX
fsr-3243	153	30	able	able	ADJ
fsr-3243	153	31	to	to	PART
fsr-3243	153	32	increase	increase	VERB
fsr-3243	153	33	the	the	DET
fsr-3243	153	34	withdrawal	withdrawal	NOUN
fsr-3243	153	35	amount	amount	NOUN
fsr-3243	153	36	significantly	significantly	ADV
fsr-3243	153	37	and	and	CCONJ
fsr-3243	153	38	yet	yet	ADV
fsr-3243	153	39	stay	stay	VERB
fsr-3243	153	40	inside	inside	ADP
fsr-3243	153	41	the	the	DET
fsr-3243	153	42	desired	desire	VERB
fsr-3243	153	43	failure	failure	NOUN
fsr-3243	153	44	-	-	PUNCT
fsr-3243	153	45	risk	risk	NOUN
fsr-3243	153	46	range	range	NOUN
fsr-3243	153	47	.	.	PUNCT
fsr-3243	154	1	precisely	precisely	ADV
fsr-3243	154	2	,	,	PUNCT
fsr-3243	154	3	we	we	PRON
fsr-3243	154	4	now	now	ADV
fsr-3243	154	5	move	move	VERB
fsr-3243	154	6	on	on	ADP
fsr-3243	154	7	to	to	ADP
fsr-3243	154	8	the	the	DET
fsr-3243	154	9	mechanics	mechanic	NOUN
fsr-3243	154	10	of	of	ADP
fsr-3243	154	11	how	how	SCONJ
fsr-3243	154	12	is	be	AUX
fsr-3243	154	13	the	the	DET
fsr-3243	154	14	withdrawal	withdrawal	NOUN
fsr-3243	154	15	amount	amount	NOUN
fsr-3243	154	16	adjusted	adjust	VERB
fsr-3243	154	17	each	each	DET
fsr-3243	154	18	year	year	NOUN
fsr-3243	154	19	using	use	VERB
fsr-3243	154	20	this	this	DET
fsr-3243	154	21	methodology	methodology	NOUN
fsr-3243	154	22	.	.	PUNCT
fsr-3243	155	1	5	5	X
fsr-3243	155	2	.	.	X
fsr-3243	155	3	sequential	sequential	ADJ
fsr-3243	155	4	application	application	NOUN
fsr-3243	155	5	of	of	ADP
fsr-3243	155	6	the	the	DET
fsr-3243	155	7	pwa	pwa	PROPN
fsr-3243	155	8	formula	formula	NOUN
fsr-3243	155	9	per	per	ADP
fsr-3243	155	10	our	our	PRON
fsr-3243	155	11	assumptions	assumption	NOUN
fsr-3243	155	12	,	,	PUNCT
fsr-3243	155	13	we	we	PRON
fsr-3243	155	14	make	make	VERB
fsr-3243	155	15	a	a	DET
fsr-3243	155	16	withdrawal	withdrawal	NOUN
fsr-3243	155	17	at	at	ADP
fsr-3243	155	18	the	the	DET
fsr-3243	155	19	beginning	beginning	NOUN
fsr-3243	155	20	of	of	ADP
fsr-3243	155	21	retirement	retirement	NOUN
fsr-3243	155	22	year	year	NOUN
fsr-3243	155	23	1	1	NUM
fsr-3243	155	24	and	and	CCONJ
fsr-3243	155	25	live	live	VERB
fsr-3243	155	26	off	off	ADP
fsr-3243	155	27	this	this	DET
fsr-3243	155	28	money	money	NOUN
fsr-3243	155	29	for	for	ADP
fsr-3243	155	30	the	the	DET
fsr-3243	155	31	entire	entire	ADJ
fsr-3243	155	32	period	period	NOUN
fsr-3243	155	33	until	until	ADP
fsr-3243	155	34	,	,	PUNCT
fsr-3243	155	35	at	at	ADP
fsr-3243	155	36	the	the	DET
fsr-3243	155	37	very	very	ADJ
fsr-3243	155	38	end	end	NOUN
fsr-3243	155	39	,	,	PUNCT
fsr-3243	155	40	the	the	DET
fsr-3243	155	41	yield	yield	NOUN
fsr-3243	155	42	accrued	accrue	VERB
fsr-3243	155	43	during	during	ADP
fsr-3243	155	44	the	the	DET
fsr-3243	155	45	previous	previous	ADJ
fsr-3243	155	46	12	12	NUM
fsr-3243	155	47	months	month	NOUN
fsr-3243	155	48	is	be	AUX
fsr-3243	155	49	actually	actually	ADV
fsr-3243	155	50	credited	credit	VERB
fsr-3243	155	51	to	to	ADP
fsr-3243	155	52	our	our	PRON
fsr-3243	155	53	account	account	NOUN
fsr-3243	155	54	.	.	PUNCT
fsr-3243	156	1	now	now	ADV
fsr-3243	156	2	our	our	PRON
fsr-3243	156	3	pwa	pwa	PROPN
fsr-3243	156	4	distribution	distribution	NOUN
fsr-3243	156	5	needs	need	VERB
fsr-3243	156	6	to	to	PART
fsr-3243	156	7	be	be	AUX
fsr-3243	156	8	recalculated	recalculate	VERB
fsr-3243	156	9	using	use	VERB
fsr-3243	156	10	eq	eq	ADP
fsr-3243	156	11	.	.	PUNCT
fsr-3243	157	1	(	(	PUNCT
fsr-3243	157	2	5	5	NUM
fsr-3243	157	3	)	)	PUNCT
fsr-3243	157	4	,	,	PUNCT
fsr-3243	157	5	with	with	ADP
fsr-3243	157	6	the	the	DET
fsr-3243	157	7	balance	balance	NOUN
fsr-3243	157	8	actually	actually	ADV
fsr-3243	157	9	showing	show	VERB
fsr-3243	157	10	as	as	ADP
fsr-3243	157	11	the	the	DET
fsr-3243	157	12	new	new	ADJ
fsr-3243	157	13	starting	starting	NOUN
fsr-3243	157	14	balance	balance	NOUN
fsr-3243	157	15	and	and	CCONJ
fsr-3243	157	16	shortening	shorten	VERB
fsr-3243	157	17	the	the	DET
fsr-3243	157	18	time	time	NOUN
fsr-3243	157	19	horizon	horizon	NOUN
fsr-3243	157	20	by	by	ADP
fsr-3243	157	21	one	one	NUM
fsr-3243	157	22	period	period	NOUN
fsr-3243	157	23	.	.	PUNCT
fsr-3243	158	1	the	the	DET
fsr-3243	158	2	shortening	shortening	NOUN
fsr-3243	158	3	of	of	ADP
fsr-3243	158	4	the	the	DET
fsr-3243	158	5	horizon	horizon	NOUN
fsr-3243	158	6	is	be	AUX
fsr-3243	158	7	attained	attain	VERB
fsr-3243	158	8	by	by	ADP
fsr-3243	158	9	substituting	substitute	VERB
fsr-3243	158	10	in	in	ADP
fsr-3243	158	11	a	a	DET
fsr-3243	158	12	new	new	ADJ
fsr-3243	158	13	set	set	NOUN
fsr-3243	158	14	of	of	ADP
fsr-3243	158	15	20,000	20,000	NUM
fsr-3243	158	16	(	(	PUNCT
fsr-3243	158	17	rn	rn	PROPN
fsr-3243	158	18	,	,	PUNCT
fsr-3243	158	19	sn	sn	NOUN
fsr-3243	158	20	)	)	PUNCT
fsr-3243	158	21	pairs	pair	NOUN
fsr-3243	158	22	,	,	PUNCT
fsr-3243	158	23	obtained	obtain	VERB
fsr-3243	158	24	with	with	ADP
fsr-3243	158	25	the	the	DET
fsr-3243	158	26	same	same	ADJ
fsr-3243	158	27	procedure	procedure	NOUN
fsr-3243	158	28	described	describe	VERB
fsr-3243	158	29	in	in	ADP
fsr-3243	158	30	the	the	DET
fsr-3243	158	31	previous	previous	ADJ
fsr-3243	158	32	section	section	NOUN
fsr-3243	158	33	,	,	PUNCT
fsr-3243	158	34	but	but	CCONJ
fsr-3243	158	35	this	this	DET
fsr-3243	158	36	time	time	NOUN
fsr-3243	158	37	drawing	draw	VERB
fsr-3243	158	38	return	return	NOUN
fsr-3243	158	39	rate	rate	NOUN
fsr-3243	158	40	sequences	sequence	NOUN
fsr-3243	158	41	that	that	PRON
fsr-3243	158	42	are	be	AUX
fsr-3243	158	43	shorter	short	ADJ
fsr-3243	158	44	than	than	ADP
fsr-3243	158	45	before	before	ADP
fsr-3243	158	46	by	by	ADP
fsr-3243	158	47	12	12	NUM
fsr-3243	158	48	data	datum	NOUN
fsr-3243	158	49	(	(	PUNCT
fsr-3243	158	50	they	they	PRON
fsr-3243	158	51	represent	represent	VERB
fsr-3243	158	52	horizons	horizon	NOUN
fsr-3243	158	53	with	with	ADP
fsr-3243	158	54	one	one	NUM
fsr-3243	158	55	year	year	NOUN
fsr-3243	158	56	less	less	ADJ
fsr-3243	158	57	to	to	PART
fsr-3243	158	58	go	go	VERB
fsr-3243	158	59	)	)	PUNCT
fsr-3243	158	60	.	.	PUNCT
fsr-3243	159	1	from	from	ADP
fsr-3243	159	2	this	this	DET
fsr-3243	159	3	new	new	ADJ
fsr-3243	159	4	distribution	distribution	NOUN
fsr-3243	159	5	we	we	PRON
fsr-3243	159	6	choose	choose	VERB
fsr-3243	159	7	the	the	DET
fsr-3243	159	8	withdrawal	withdrawal	NOUN
fsr-3243	159	9	amount	amount	NOUN
fsr-3243	159	10	for	for	ADP
fsr-3243	159	11	year	year	NOUN
fsr-3243	159	12	2	2	NUM
fsr-3243	159	13	,	,	PUNCT
fsr-3243	159	14	presumably	presumably	ADV
fsr-3243	159	15	—	—	PUNCT
fsr-3243	159	16	but	but	CCONJ
fsr-3243	159	17	not	not	PART
fsr-3243	159	18	necessarily	necessarily	ADV
fsr-3243	159	19	—	—	PUNCT
fsr-3243	159	20	using	use	VERB
fsr-3243	159	21	the	the	DET
fsr-3243	159	22	same	same	ADJ
fsr-3243	159	23	risk	risk	NOUN
fsr-3243	159	24	-	-	PUNCT
fsr-3243	159	25	tolerance	tolerance	NOUN
fsr-3243	159	26	profile	profile	NOUN
fsr-3243	159	27	as	as	ADP
fsr-3243	159	28	in	in	ADP
fsr-3243	159	29	year	year	NOUN
fsr-3243	159	30	1	1	NUM
fsr-3243	159	31	.	.	PUNCT
fsr-3243	160	1	furthermore	furthermore	ADV
fsr-3243	160	2	,	,	PUNCT
fsr-3243	160	3	this	this	DET
fsr-3243	160	4	process	process	NOUN
fsr-3243	160	5	is	be	AUX
fsr-3243	160	6	simply	simply	ADV
fsr-3243	160	7	repeated	repeat	VERB
fsr-3243	160	8	every	every	DET
fsr-3243	160	9	year	year	NOUN
fsr-3243	160	10	.	.	PUNCT
fsr-3243	161	1	we	we	PRON
fsr-3243	161	2	must	must	AUX
fsr-3243	161	3	stress	stress	VERB
fsr-3243	161	4	that	that	SCONJ
fsr-3243	161	5	in	in	ADP
fsr-3243	161	6	pwa	pwa	PROPN
fsr-3243	161	7	the	the	DET
fsr-3243	161	8	process	process	NOUN
fsr-3243	161	9	by	by	ADP
fsr-3243	161	10	which	which	PRON
fsr-3243	161	11	the	the	DET
fsr-3243	161	12	withdrawal	withdrawal	NOUN
fsr-3243	161	13	amount	amount	NOUN
fsr-3243	161	14	is	be	AUX
fsr-3243	161	15	selected	select	VERB
fsr-3243	161	16	is	be	AUX
fsr-3243	161	17	always	always	ADV
fsr-3243	161	18	the	the	DET
fsr-3243	161	19	same	same	ADJ
fsr-3243	161	20	,	,	PUNCT
fsr-3243	161	21	but	but	CCONJ
fsr-3243	161	22	this	this	PRON
fsr-3243	161	23	does	do	AUX
fsr-3243	161	24	not	not	PART
fsr-3243	161	25	mean	mean	VERB
fsr-3243	161	26	that	that	SCONJ
fsr-3243	161	27	the	the	DET
fsr-3243	161	28	withdrawal	withdrawal	NOUN
fsr-3243	161	29	amount	amount	NOUN
fsr-3243	161	30	itself	itself	PRON
fsr-3243	161	31	will	will	AUX
fsr-3243	161	32	not	not	PART
fsr-3243	161	33	change	change	VERB
fsr-3243	161	34	.	.	PUNCT
fsr-3243	162	1	actually	actually	ADV
fsr-3243	162	2	,	,	PUNCT
fsr-3243	162	3	it	it	PRON
fsr-3243	162	4	is	be	AUX
fsr-3243	162	5	rare	rare	ADJ
fsr-3243	162	6	for	for	SCONJ
fsr-3243	162	7	a	a	DET
fsr-3243	162	8	withdrawal	withdrawal	NOUN
fsr-3243	162	9	strategy	strategy	NOUN
fsr-3243	162	10	built	build	VERB
fsr-3243	162	11	with	with	ADP
fsr-3243	162	12	this	this	DET
fsr-3243	162	13	framework	framework	NOUN
fsr-3243	162	14	to	to	PART
fsr-3243	162	15	recommend	recommend	VERB
fsr-3243	162	16	constant	constant	ADJ
fsr-3243	162	17	withdrawals	withdrawal	NOUN
fsr-3243	162	18	beyond	beyond	ADP
fsr-3243	162	19	a	a	DET
fsr-3243	162	20	small	small	ADJ
fsr-3243	162	21	number	number	NOUN
fsr-3243	162	22	of	of	ADP
fsr-3243	162	23	periods	period	NOUN
fsr-3243	162	24	.	.	PUNCT
fsr-3243	163	1	pwa	pwa	PROPN
fsr-3243	163	2	incorporates	incorporate	VERB
fsr-3243	163	3	all	all	DET
fsr-3243	163	4	new	new	ADJ
fsr-3243	163	5	information	information	NOUN
fsr-3243	163	6	into	into	ADP
fsr-3243	163	7	the	the	DET
fsr-3243	163	8	set	set	NOUN
fsr-3243	163	9	of	of	ADP
fsr-3243	163	10	data	datum	NOUN
fsr-3243	163	11	available	available	ADJ
fsr-3243	163	12	for	for	ADP
fsr-3243	163	13	the	the	DET
fsr-3243	163	14	next	next	ADJ
fsr-3243	163	15	analyses	analysis	NOUN
fsr-3243	163	16	,	,	PUNCT
fsr-3243	163	17	and	and	CCONJ
fsr-3243	163	18	this	this	DET
fsr-3243	163	19	updating	updating	NOUN
fsr-3243	163	20	will	will	AUX
fsr-3243	163	21	create	create	VERB
fsr-3243	163	22	adjustment	adjustment	NOUN
fsr-3243	163	23	pressures	pressure	NOUN
fsr-3243	163	24	that	that	SCONJ
fsr-3243	163	25	,	,	PUNCT
fsr-3243	163	26	in	in	ADP
fsr-3243	163	27	all	all	DET
fsr-3243	163	28	likelihood	likelihood	NOUN
fsr-3243	163	29	,	,	PUNCT
fsr-3243	163	30	will	will	AUX
fsr-3243	163	31	end	end	VERB
fsr-3243	163	32	up	up	ADP
fsr-3243	163	33	modifying	modify	VERB
fsr-3243	163	34	the	the	DET
fsr-3243	163	35	withdrawal	withdrawal	NOUN
fsr-3243	163	36	amount	amount	NOUN
fsr-3243	163	37	at	at	ADP
fsr-3243	163	38	some	some	DET
fsr-3243	163	39	point	point	NOUN
fsr-3243	163	40	.	.	PUNCT
fsr-3243	164	1	also	also	ADV
fsr-3243	164	2	,	,	PUNCT
fsr-3243	164	3	although	although	SCONJ
fsr-3243	164	4	a	a	DET
fsr-3243	164	5	year	year	NOUN
fsr-3243	164	6	has	have	AUX
fsr-3243	164	7	gone	go	VERB
fsr-3243	164	8	by	by	ADV
fsr-3243	164	9	,	,	PUNCT
fsr-3243	164	10	the	the	DET
fsr-3243	164	11	planning	planning	NOUN
fsr-3243	164	12	horizon	horizon	NOUN
fsr-3243	164	13	may	may	AUX
fsr-3243	164	14	be	be	AUX
fsr-3243	164	15	adjusted	adjust	VERB
fsr-3243	164	16	differently	differently	ADV
fsr-3243	164	17	.	.	PUNCT
fsr-3243	165	1	the	the	DET
fsr-3243	165	2	framework	framework	NOUN
fsr-3243	165	3	allows	allow	VERB
fsr-3243	165	4	the	the	DET
fsr-3243	165	5	retiree	retiree	NOUN
fsr-3243	165	6	to	to	PART
fsr-3243	165	7	judge	judge	VERB
fsr-3243	165	8	whether	whether	SCONJ
fsr-3243	165	9	the	the	DET
fsr-3243	165	10	expected	expect	VERB
fsr-3243	165	11	number	number	NOUN
fsr-3243	165	12	of	of	ADP
fsr-3243	165	13	years	year	NOUN
fsr-3243	165	14	still	still	ADV
fsr-3243	165	15	ahead	ahead	ADV
fsr-3243	165	16	for	for	ADP
fsr-3243	165	17	her	she	PRON
fsr-3243	165	18	has	have	AUX
fsr-3243	165	19	indeed	indeed	ADV
fsr-3243	165	20	decreased	decrease	VERB
fsr-3243	165	21	by	by	ADP
fsr-3243	165	22	one	one	NUM
fsr-3243	165	23	.	.	PUNCT
fsr-3243	166	1	if	if	SCONJ
fsr-3243	166	2	,	,	PUNCT
fsr-3243	166	3	for	for	ADP
fsr-3243	166	4	example	example	NOUN
fsr-3243	166	5	,	,	PUNCT
fsr-3243	166	6	the	the	DET
fsr-3243	166	7	retiree	retiree	NOUN
fsr-3243	166	8	has	have	AUX
fsr-3243	166	9	stayed	stay	VERB
fsr-3243	166	10	particularly	particularly	ADV
fsr-3243	166	11	healthy	healthy	ADJ
fsr-3243	166	12	,	,	PUNCT
fsr-3243	166	13	she	she	PRON
fsr-3243	166	14	may	may	AUX
fsr-3243	166	15	decide	decide	VERB
fsr-3243	166	16	to	to	PART
fsr-3243	166	17	use	use	VERB
fsr-3243	166	18	the	the	DET
fsr-3243	166	19	same	same	ADJ
fsr-3243	166	20	horizon	horizon	NOUN
fsr-3243	166	21	length	length	NOUN
fsr-3243	166	22	once	once	ADV
fsr-3243	166	23	more	more	ADJ
fsr-3243	166	24	.	.	PUNCT
fsr-3243	167	1	or	or	CCONJ
fsr-3243	167	2	she	she	PRON
fsr-3243	167	3	may	may	AUX
fsr-3243	167	4	even	even	ADV
fsr-3243	167	5	use	use	VERB
fsr-3243	167	6	a	a	DET
fsr-3243	167	7	longer	long	ADJ
fsr-3243	167	8	horizon	horizon	NOUN
fsr-3243	167	9	,	,	PUNCT
fsr-3243	167	10	if	if	SCONJ
fsr-3243	167	11	she	she	PRON
fsr-3243	167	12	has	have	AUX
fsr-3243	167	13	just	just	ADV
fsr-3243	167	14	overcome	overcome	VERB
fsr-3243	167	15	serious	serious	ADJ
fsr-3243	167	16	illness	illness	NOUN
fsr-3243	167	17	or	or	CCONJ
fsr-3243	167	18	made	make	VERB
fsr-3243	167	19	beneficial	beneficial	ADJ
fsr-3243	167	20	lifestyle	lifestyle	NOUN
fsr-3243	167	21	changes	change	NOUN
fsr-3243	167	22	.	.	PUNCT
fsr-3243	168	1	and	and	CCONJ
fsr-3243	168	2	,	,	PUNCT
fsr-3243	168	3	sadly	sadly	ADV
fsr-3243	168	4	,	,	PUNCT
fsr-3243	168	5	there	there	PRON
fsr-3243	168	6	will	will	AUX
fsr-3243	168	7	be	be	AUX
fsr-3243	168	8	opposite	opposite	ADJ
fsr-3243	168	9	cases	case	NOUN
fsr-3243	168	10	where	where	SCONJ
fsr-3243	168	11	the	the	DET
fsr-3243	168	12	appropriate	appropriate	ADJ
fsr-3243	168	13	length	length	NOUN
fsr-3243	168	14	reduction	reduction	NOUN
fsr-3243	168	15	is	be	AUX
fsr-3243	168	16	larger	large	ADJ
fsr-3243	168	17	than	than	ADP
fsr-3243	168	18	just	just	ADV
fsr-3243	168	19	one	one	NUM
fsr-3243	168	20	period	period	NOUN
fsr-3243	168	21	.	.	PUNCT
fsr-3243	169	1	however	however	ADV
fsr-3243	169	2	,	,	PUNCT
fsr-3243	169	3	other	other	ADJ
fsr-3243	169	4	than	than	ADP
fsr-3243	169	5	these	these	DET
fsr-3243	169	6	discretionary	discretionary	ADJ
fsr-3243	169	7	length	length	NOUN
fsr-3243	169	8	adjustments	adjustment	NOUN
fsr-3243	169	9	,	,	PUNCT
fsr-3243	169	10	which	which	PRON
fsr-3243	169	11	can	can	AUX
fsr-3243	169	12	be	be	AUX
fsr-3243	169	13	considered	consider	VERB
fsr-3243	169	14	part	part	NOUN
fsr-3243	169	15	of	of	ADP
fsr-3243	169	16	the	the	DET
fsr-3243	169	17	information	information	NOUN
fsr-3243	169	18	update	update	NOUN
fsr-3243	169	19	process	process	NOUN
fsr-3243	169	20	,	,	PUNCT
fsr-3243	169	21	the	the	DET
fsr-3243	169	22	pwa	pwa	PROPN
fsr-3243	169	23	approach	approach	NOUN
fsr-3243	169	24	is	be	AUX
fsr-3243	169	25	consistent	consistent	ADJ
fsr-3243	169	26	.	.	PUNCT
fsr-3243	170	1	it	it	PRON
fsr-3243	170	2	calls	call	VERB
fsr-3243	170	3	for	for	ADP
fsr-3243	170	4	the	the	DET
fsr-3243	170	5	application	application	NOUN
fsr-3243	170	6	of	of	ADP
fsr-3243	170	7	the	the	DET
fsr-3243	170	8	same	same	ADJ
fsr-3243	170	9	procedure	procedure	NOUN
fsr-3243	170	10	to	to	PART
fsr-3243	170	11	produce	produce	VERB
fsr-3243	170	12	the	the	DET
fsr-3243	170	13	withdrawal	withdrawal	NOUN
fsr-3243	170	14	menu	menu	NOUN
fsr-3243	170	15	every	every	DET
fsr-3243	170	16	year	year	NOUN
fsr-3243	170	17	,	,	PUNCT
fsr-3243	170	18	without	without	ADP
fsr-3243	170	19	triggering	trigger	VERB
fsr-3243	170	20	different	different	ADJ
fsr-3243	170	21	schemes	scheme	NOUN
fsr-3243	170	22	if	if	SCONJ
fsr-3243	170	23	certain	certain	ADJ
fsr-3243	170	24	conditions	condition	NOUN
fsr-3243	170	25	are	be	AUX
fsr-3243	170	26	met	meet	VERB
fsr-3243	170	27	.	.	PUNCT
fsr-3243	171	1	340	340	NUM
fsr-3243	171	2	e.d	e.d	PROPN
fsr-3243	171	3	.	.	PROPN
fsr-3243	171	4	suarez	suarez	PROPN
fsr-3243	171	5	et	et	PROPN
fsr-3243	171	6	al	al	PROPN
fsr-3243	171	7	.	.	PUNCT
fsr-3243	171	8	/	/	SYM
fsr-3243	171	9	financial	financial	ADJ
fsr-3243	171	10	services	service	NOUN
fsr-3243	171	11	review	review	VERB
fsr-3243	171	12	24	24	NUM
fsr-3243	171	13	(	(	PUNCT
fsr-3243	171	14	2015	2015	NUM
fsr-3243	171	15	)	)	PUNCT
fsr-3243	171	16	331–357	331–357	NUM
fsr-3243	171	17	this	this	DET
fsr-3243	171	18	consistency	consistency	NOUN
fsr-3243	171	19	allows	allow	VERB
fsr-3243	171	20	us	we	PRON
fsr-3243	171	21	to	to	PART
fsr-3243	171	22	compute	compute	VERB
fsr-3243	171	23	the	the	DET
fsr-3243	171	24	optimal	optimal	ADJ
fsr-3243	171	25	withdrawal	withdrawal	NOUN
fsr-3243	171	26	rates	rate	NOUN
fsr-3243	171	27	in	in	ADP
fsr-3243	171	28	the	the	DET
fsr-3243	171	29	no	no	DET
fsr-3243	171	30	-	-	PUNCT
fsr-3243	171	31	bequest	bequest	NOUN
fsr-3243	171	32	case	case	NOUN
fsr-3243	171	33	for	for	ADP
fsr-3243	171	34	the	the	DET
fsr-3243	171	35	entire	entire	ADJ
fsr-3243	171	36	length	length	NOUN
fsr-3243	171	37	of	of	ADP
fsr-3243	171	38	the	the	DET
fsr-3243	171	39	planning	planning	NOUN
fsr-3243	171	40	horizon	horizon	NOUN
fsr-3243	171	41	,	,	PUNCT
fsr-3243	171	42	and	and	CCONJ
fsr-3243	171	43	for	for	ADP
fsr-3243	171	44	all	all	DET
fsr-3243	171	45	confidence	confidence	NOUN
fsr-3243	171	46	ranges	range	NOUN
fsr-3243	171	47	,	,	PUNCT
fsr-3243	171	48	at	at	ADP
fsr-3243	171	49	the	the	DET
fsr-3243	171	50	same	same	ADJ
fsr-3243	171	51	time	time	NOUN
fsr-3243	171	52	.	.	PUNCT
fsr-3243	172	1	if	if	SCONJ
fsr-3243	172	2	no	no	DET
fsr-3243	172	3	bequest	bequest	NOUN
fsr-3243	172	4	is	be	AUX
fsr-3243	172	5	being	be	AUX
fsr-3243	172	6	sought	seek	VERB
fsr-3243	172	7	,	,	PUNCT
fsr-3243	172	8	eq	eq	ADJ
fsr-3243	172	9	.	.	PUNCT
fsr-3243	173	1	(	(	PUNCT
fsr-3243	173	2	6	6	X
fsr-3243	173	3	)	)	PUNCT
fsr-3243	173	4	becomes	become	VERB
fsr-3243	173	5	:	:	PUNCT
fsr-3243	173	6	w	w	X
fsr-3243	173	7	/	/	SYM
fsr-3243	173	8	ks	ks	NOUN
fsr-3243	173	9	�	�	PROPN
fsr-3243	173	10	rnsn	rnsn	PROPN
fsr-3243	173	11	(	(	PUNCT
fsr-3243	173	12	7	7	NUM
fsr-3243	173	13	)	)	PUNCT
fsr-3243	173	14	fig	fig	NOUN
fsr-3243	173	15	.	.	PUNCT
fsr-3243	174	1	6	6	NUM
fsr-3243	174	2	presents	present	VERB
fsr-3243	174	3	the	the	DET
fsr-3243	174	4	results	result	NOUN
fsr-3243	174	5	of	of	ADP
fsr-3243	174	6	evaluating	evaluate	VERB
fsr-3243	174	7	this	this	DET
fsr-3243	174	8	equation	equation	NOUN
fsr-3243	174	9	with	with	ADP
fsr-3243	174	10	the	the	DET
fsr-3243	174	11	sets	set	NOUN
fsr-3243	174	12	of	of	ADP
fsr-3243	174	13	(	(	PUNCT
fsr-3243	174	14	rn	rn	PROPN
fsr-3243	174	15	,	,	PUNCT
fsr-3243	174	16	sn	sn	NOUN
fsr-3243	174	17	)	)	PUNCT
fsr-3243	174	18	pairs	pair	NOUN
fsr-3243	174	19	corresponding	correspond	VERB
fsr-3243	174	20	to	to	ADP
fsr-3243	174	21	different	different	ADJ
fsr-3243	174	22	horizon	horizon	NOUN
fsr-3243	174	23	lengths	length	NOUN
fsr-3243	174	24	(	(	PUNCT
fsr-3243	174	25	obtained	obtain	VERB
fsr-3243	174	26	as	as	ADP
fsr-3243	174	27	described	describe	VERB
fsr-3243	174	28	above	above	ADV
fsr-3243	174	29	)	)	PUNCT
fsr-3243	174	30	for	for	ADP
fsr-3243	174	31	the	the	DET
fsr-3243	174	32	100	100	NUM
fsr-3243	174	33	%	%	NOUN
fsr-3243	174	34	equity	equity	NOUN
fsr-3243	174	35	case	case	NOUN
fsr-3243	174	36	considered	consider	VERB
fsr-3243	174	37	here	here	ADV
fsr-3243	174	38	.	.	PUNCT
fsr-3243	175	1	for	for	ADP
fsr-3243	175	2	example	example	NOUN
fsr-3243	175	3	,	,	PUNCT
fsr-3243	175	4	let	let	VERB
fsr-3243	175	5	us	we	PRON
fsr-3243	175	6	consider	consider	VERB
fsr-3243	175	7	a	a	DET
fsr-3243	175	8	retiree	retiree	NOUN
fsr-3243	175	9	that	that	PRON
fsr-3243	175	10	starts	start	VERB
fsr-3243	175	11	out	out	ADP
fsr-3243	175	12	with	with	ADP
fsr-3243	175	13	$	$	SYM
fsr-3243	175	14	1	1	NUM
fsr-3243	175	15	million	million	NUM
fsr-3243	175	16	,	,	PUNCT
fsr-3243	175	17	has	have	VERB
fsr-3243	175	18	no	no	DET
fsr-3243	175	19	desire	desire	NOUN
fsr-3243	175	20	to	to	PART
fsr-3243	175	21	leave	leave	VERB
fsr-3243	175	22	behind	behind	ADP
fsr-3243	175	23	any	any	DET
fsr-3243	175	24	money	money	NOUN
fsr-3243	175	25	,	,	PUNCT
fsr-3243	175	26	and	and	CCONJ
fsr-3243	175	27	thinks	think	VERB
fsr-3243	175	28	that	that	SCONJ
fsr-3243	175	29	30	30	NUM
fsr-3243	175	30	years	year	NOUN
fsr-3243	175	31	is	be	AUX
fsr-3243	175	32	a	a	DET
fsr-3243	175	33	reasonable	reasonable	ADJ
fsr-3243	175	34	length	length	NOUN
fsr-3243	175	35	for	for	ADP
fsr-3243	175	36	her	her	PRON
fsr-3243	175	37	planning	planning	NOUN
fsr-3243	175	38	horizon	horizon	NOUN
fsr-3243	175	39	.	.	PUNCT
fsr-3243	176	1	she	she	PRON
fsr-3243	176	2	has	have	VERB
fsr-3243	176	3	assets	asset	NOUN
fsr-3243	176	4	indexed	index	VERB
fsr-3243	176	5	to	to	ADP
fsr-3243	176	6	the	the	DET
fsr-3243	176	7	s&p	s&p	PROPN
fsr-3243	176	8	500	500	NUM
fsr-3243	176	9	and	and	CCONJ
fsr-3243	176	10	wants	want	VERB
fsr-3243	176	11	to	to	PART
fsr-3243	176	12	be	be	AUX
fsr-3243	176	13	90	90	NUM
fsr-3243	176	14	%	%	NOUN
fsr-3243	176	15	certain	certain	ADJ
fsr-3243	176	16	that	that	SCONJ
fsr-3243	176	17	she	she	PRON
fsr-3243	176	18	will	will	AUX
fsr-3243	176	19	not	not	PART
fsr-3243	176	20	have	have	VERB
fsr-3243	176	21	to	to	PART
fsr-3243	176	22	lower	lower	VERB
fsr-3243	176	23	her	her	PRON
fsr-3243	176	24	withdrawal	withdrawal	NOUN
fsr-3243	176	25	amount	amount	NOUN
fsr-3243	176	26	later	later	ADV
fsr-3243	176	27	on	on	ADV
fsr-3243	176	28	.	.	PUNCT
fsr-3243	177	1	our	our	PRON
fsr-3243	177	2	subject	subject	NOUN
fsr-3243	177	3	only	only	ADV
fsr-3243	177	4	needs	need	VERB
fsr-3243	177	5	to	to	PART
fsr-3243	177	6	read	read	VERB
fsr-3243	177	7	from	from	ADP
fsr-3243	177	8	the	the	DET
fsr-3243	177	9	chart	chart	NOUN
fsr-3243	177	10	to	to	PART
fsr-3243	177	11	obtain	obtain	VERB
fsr-3243	177	12	the	the	DET
fsr-3243	177	13	corresponding	corresponding	ADJ
fsr-3243	177	14	rate	rate	NOUN
fsr-3243	177	15	.	.	PUNCT
fsr-3243	178	1	she	she	PRON
fsr-3243	178	2	does	do	VERB
fsr-3243	178	3	this	this	PRON
fsr-3243	178	4	and	and	CCONJ
fsr-3243	178	5	,	,	PUNCT
fsr-3243	178	6	following	follow	VERB
fsr-3243	178	7	its	its	PRON
fsr-3243	178	8	advice	advice	NOUN
fsr-3243	178	9	,	,	PUNCT
fsr-3243	178	10	pulls	pull	VERB
fsr-3243	178	11	out	out	ADP
fsr-3243	178	12	$	$	SYM
fsr-3243	178	13	43,000	43,000	NUM
fsr-3243	178	14	(	(	PUNCT
fsr-3243	178	15	4.3	4.3	NUM
fsr-3243	178	16	%	%	NOUN
fsr-3243	178	17	)	)	PUNCT
fsr-3243	178	18	.	.	PUNCT
fsr-3243	179	1	her	her	PRON
fsr-3243	179	2	first	first	ADJ
fsr-3243	179	3	year	year	NOUN
fsr-3243	179	4	turns	turn	VERB
fsr-3243	179	5	out	out	ADP
fsr-3243	179	6	badly	badly	ADV
fsr-3243	179	7	;	;	PUNCT
fsr-3243	179	8	the	the	DET
fsr-3243	179	9	stock	stock	NOUN
fsr-3243	179	10	market	market	NOUN
fsr-3243	179	11	goes	go	VERB
fsr-3243	179	12	down	down	ADV
fsr-3243	179	13	10	10	NUM
fsr-3243	179	14	%	%	NOUN
fsr-3243	179	15	,	,	PUNCT
fsr-3243	179	16	so	so	ADV
fsr-3243	179	17	her	her	PRON
fsr-3243	179	18	remaining	remain	VERB
fsr-3243	179	19	balance	balance	NOUN
fsr-3243	179	20	of	of	ADP
fsr-3243	179	21	$	$	SYM
fsr-3243	179	22	957,000	957,000	NUM
fsr-3243	179	23	(	(	PUNCT
fsr-3243	179	24	after	after	ADP
fsr-3243	179	25	withdrawing	withdraw	VERB
fsr-3243	179	26	the	the	DET
fsr-3243	179	27	$	$	SYM
fsr-3243	179	28	43k	43k	NUM
fsr-3243	179	29	)	)	PUNCT
fsr-3243	179	30	shrinks	shrink	VERB
fsr-3243	179	31	to	to	ADP
fsr-3243	179	32	$	$	SYM
fsr-3243	179	33	861,000	861,000	NUM
fsr-3243	179	34	.	.	PUNCT
fsr-3243	180	1	should	should	AUX
fsr-3243	180	2	she	she	PRON
fsr-3243	180	3	withdraw	withdraw	VERB
fsr-3243	180	4	$	$	SYM
fsr-3243	180	5	43,000	43,000	NUM
fsr-3243	180	6	again	again	ADV
fsr-3243	180	7	in	in	ADP
fsr-3243	180	8	the	the	DET
fsr-3243	180	9	second	second	ADJ
fsr-3243	180	10	year	year	NOUN
fsr-3243	180	11	?	?	PUNCT
fsr-3243	181	1	well	well	INTJ
fsr-3243	181	2	,	,	PUNCT
fsr-3243	181	3	$	$	SYM
fsr-3243	181	4	43k	43k	NUM
fsr-3243	181	5	represents	represent	VERB
fsr-3243	181	6	5.0	5.0	NUM
fsr-3243	181	7	%	%	NOUN
fsr-3243	181	8	of	of	ADP
fsr-3243	181	9	her	her	PRON
fsr-3243	181	10	now	now	ADV
fsr-3243	181	11	-	-	PUNCT
fsr-3243	181	12	current	current	ADJ
fsr-3243	181	13	balance	balance	NOUN
fsr-3243	181	14	and	and	CCONJ
fsr-3243	181	15	the	the	DET
fsr-3243	181	16	chart	chart	NOUN
fsr-3243	181	17	tells	tell	VERB
fsr-3243	181	18	us	we	PRON
fsr-3243	181	19	that	that	SCONJ
fsr-3243	181	20	,	,	PUNCT
fsr-3243	181	21	with	with	ADP
fsr-3243	181	22	29	29	NUM
fsr-3243	181	23	years	year	NOUN
fsr-3243	181	24	remaining	remain	VERB
fsr-3243	181	25	,	,	PUNCT
fsr-3243	181	26	that	that	PRON
fsr-3243	181	27	would	would	AUX
fsr-3243	181	28	take	take	VERB
fsr-3243	181	29	her	she	PRON
fsr-3243	181	30	out	out	ADP
fsr-3243	181	31	of	of	ADP
fsr-3243	181	32	the	the	DET
fsr-3243	181	33	90	90	NUM
fsr-3243	181	34	%	%	NOUN
fsr-3243	181	35	confidence	confidence	NOUN
fsr-3243	181	36	range	range	NOUN
fsr-3243	181	37	and	and	CCONJ
fsr-3243	181	38	into	into	ADP
fsr-3243	181	39	the	the	DET
fsr-3243	181	40	80–90	80–90	NUM
fsr-3243	181	41	%	%	NOUN
fsr-3243	181	42	region	region	NOUN
fsr-3243	181	43	.	.	PUNCT
fsr-3243	182	1	those	those	PRON
fsr-3243	182	2	are	be	AUX
fsr-3243	182	3	the	the	DET
fsr-3243	182	4	factors	factor	NOUN
fsr-3243	182	5	that	that	PRON
fsr-3243	182	6	need	need	VERB
fsr-3243	182	7	to	to	PART
fsr-3243	182	8	be	be	AUX
fsr-3243	182	9	considered	consider	VERB
fsr-3243	182	10	in	in	ADP
fsr-3243	182	11	the	the	DET
fsr-3243	182	12	decision	decision	NOUN
fsr-3243	182	13	—	—	PUNCT
fsr-3243	182	14	nothing	nothing	PRON
fsr-3243	182	15	else	else	ADV
fsr-3243	182	16	matters	matter	VERB
fsr-3243	182	17	.	.	PUNCT
fsr-3243	183	1	fig	fig	NOUN
fsr-3243	183	2	.	.	PUNCT
fsr-3243	184	1	6	6	NUM
fsr-3243	184	2	.	.	X
fsr-3243	184	3	milestone	milestone	NOUN
fsr-3243	184	4	values	value	NOUN
fsr-3243	184	5	in	in	ADP
fsr-3243	184	6	the	the	DET
fsr-3243	184	7	optimal	optimal	ADJ
fsr-3243	184	8	withdrawal	withdrawal	NOUN
fsr-3243	184	9	rate	rate	NOUN
fsr-3243	184	10	distribution	distribution	NOUN
fsr-3243	184	11	for	for	ADP
fsr-3243	184	12	the	the	DET
fsr-3243	184	13	all	all	DET
fsr-3243	184	14	-	-	PUNCT
fsr-3243	184	15	equity	equity	NOUN
fsr-3243	184	16	,	,	PUNCT
fsr-3243	184	17	no	no	DET
fsr-3243	184	18	-	-	PUNCT
fsr-3243	184	19	bequest	bequest	NOUN
fsr-3243	184	20	case	case	NOUN
fsr-3243	184	21	.	.	PUNCT
fsr-3243	185	1	the	the	DET
fsr-3243	185	2	rates	rate	NOUN
fsr-3243	185	3	are	be	AUX
fsr-3243	185	4	with	with	ADP
fsr-3243	185	5	respect	respect	NOUN
fsr-3243	185	6	to	to	ADP
fsr-3243	185	7	the	the	DET
fsr-3243	185	8	actual	actual	ADJ
fsr-3243	185	9	balance	balance	NOUN
fsr-3243	185	10	faced	face	VERB
fsr-3243	185	11	each	each	DET
fsr-3243	185	12	year	year	NOUN
fsr-3243	185	13	,	,	PUNCT
fsr-3243	185	14	not	not	PART
fsr-3243	185	15	the	the	DET
fsr-3243	185	16	balance	balance	NOUN
fsr-3243	185	17	at	at	ADP
fsr-3243	185	18	the	the	DET
fsr-3243	185	19	beginning	beginning	NOUN
fsr-3243	185	20	of	of	ADP
fsr-3243	185	21	the	the	DET
fsr-3243	185	22	retirement	retirement	NOUN
fsr-3243	185	23	period	period	NOUN
fsr-3243	185	24	.	.	PUNCT
fsr-3243	186	1	if	if	SCONJ
fsr-3243	186	2	,	,	PUNCT
fsr-3243	186	3	for	for	ADP
fsr-3243	186	4	example	example	NOUN
fsr-3243	186	5	,	,	PUNCT
fsr-3243	186	6	the	the	DET
fsr-3243	186	7	investor	investor	NOUN
fsr-3243	186	8	wishes	wish	VERB
fsr-3243	186	9	to	to	PART
fsr-3243	186	10	be	be	AUX
fsr-3243	186	11	90	90	NUM
fsr-3243	186	12	%	%	NOUN
fsr-3243	186	13	safe	safe	ADJ
fsr-3243	186	14	,	,	PUNCT
fsr-3243	186	15	each	each	DET
fsr-3243	186	16	year	year	NOUN
fsr-3243	186	17	she	she	PRON
fsr-3243	186	18	should	should	AUX
fsr-3243	186	19	run	run	VERB
fsr-3243	186	20	down	down	ADP
fsr-3243	186	21	the	the	DET
fsr-3243	186	22	last	last	ADJ
fsr-3243	186	23	row	row	NOUN
fsr-3243	186	24	and	and	CCONJ
fsr-3243	186	25	take	take	VERB
fsr-3243	186	26	out	out	ADP
fsr-3243	186	27	the	the	DET
fsr-3243	186	28	corresponding	correspond	VERB
fsr-3243	186	29	fraction	fraction	NOUN
fsr-3243	186	30	of	of	ADP
fsr-3243	186	31	her	her	PRON
fsr-3243	186	32	balance	balance	NOUN
fsr-3243	186	33	at	at	ADP
fsr-3243	186	34	that	that	DET
fsr-3243	186	35	point	point	NOUN
fsr-3243	186	36	,	,	PUNCT
fsr-3243	186	37	whatever	whatever	PRON
fsr-3243	186	38	it	it	PRON
fsr-3243	186	39	may	may	AUX
fsr-3243	186	40	be	be	AUX
fsr-3243	186	41	.	.	PUNCT
fsr-3243	187	1	341e.d	341e.d	X
fsr-3243	187	2	.	.	PUNCT
fsr-3243	188	1	suarez	suarez	PROPN
fsr-3243	188	2	et	et	PROPN
fsr-3243	188	3	al	al	PROPN
fsr-3243	188	4	.	.	PUNCT
fsr-3243	188	5	/	/	SYM
fsr-3243	188	6	financial	financial	ADJ
fsr-3243	188	7	services	service	NOUN
fsr-3243	188	8	review	review	VERB
fsr-3243	188	9	24	24	NUM
fsr-3243	188	10	(	(	PUNCT
fsr-3243	188	11	2015	2015	NUM
fsr-3243	188	12	)	)	PUNCT
fsr-3243	188	13	331–357	331–357	NUM
fsr-3243	188	14	we	we	PRON
fsr-3243	188	15	make	make	VERB
fsr-3243	188	16	this	this	DET
fsr-3243	188	17	point	point	NOUN
fsr-3243	188	18	to	to	PART
fsr-3243	188	19	highlight	highlight	VERB
fsr-3243	188	20	the	the	DET
fsr-3243	188	21	simplicity	simplicity	NOUN
fsr-3243	188	22	of	of	ADP
fsr-3243	188	23	our	our	PRON
fsr-3243	188	24	approach	approach	NOUN
fsr-3243	188	25	,	,	PUNCT
fsr-3243	188	26	which	which	PRON
fsr-3243	188	27	cuts	cut	VERB
fsr-3243	188	28	through	through	ADP
fsr-3243	188	29	the	the	DET
fsr-3243	188	30	gordian	gordian	ADJ
fsr-3243	188	31	knot	knot	NOUN
fsr-3243	188	32	of	of	ADP
fsr-3243	188	33	some	some	PRON
fsr-3243	188	34	of	of	ADP
fsr-3243	188	35	the	the	DET
fsr-3243	188	36	adaptive	adaptive	ADJ
fsr-3243	188	37	rules	rule	NOUN
fsr-3243	188	38	found	find	VERB
fsr-3243	188	39	in	in	ADP
fsr-3243	188	40	the	the	DET
fsr-3243	188	41	previous	previous	ADJ
fsr-3243	188	42	literature	literature	NOUN
fsr-3243	188	43	(	(	PUNCT
fsr-3243	188	44	bernard	bernard	PROPN
fsr-3243	188	45	,	,	PUNCT
fsr-3243	188	46	2011	2011	NUM
fsr-3243	188	47	;	;	PUNCT
fsr-3243	188	48	blanchett	blanchett	PROPN
fsr-3243	188	49	and	and	CCONJ
fsr-3243	188	50	frank	frank	PROPN
fsr-3243	188	51	,	,	PUNCT
fsr-3243	188	52	2009	2009	NUM
fsr-3243	188	53	;	;	PUNCT
fsr-3243	188	54	guyton	guyton	PROPN
fsr-3243	188	55	,	,	PUNCT
fsr-3243	188	56	2004	2004	NUM
fsr-3243	188	57	;	;	PUNCT
fsr-3243	188	58	mitchell	mitchell	PROPN
fsr-3243	188	59	,	,	PUNCT
fsr-3243	188	60	2011	2011	NUM
fsr-3243	188	61	;	;	PUNCT
fsr-3243	188	62	pye	pye	PROPN
fsr-3243	188	63	,	,	PUNCT
fsr-3243	188	64	2000	2000	NUM
fsr-3243	188	65	;	;	PUNCT
fsr-3243	188	66	robinson	robinson	PROPN
fsr-3243	188	67	,	,	PUNCT
fsr-3243	188	68	2007	2007	NUM
fsr-3243	188	69	;	;	PUNCT
fsr-3243	188	70	stout	stout	NOUN
fsr-3243	188	71	and	and	CCONJ
fsr-3243	188	72	mitchell	mitchell	PROPN
fsr-3243	188	73	,	,	PUNCT
fsr-3243	188	74	2006	2006	NUM
fsr-3243	188	75	)	)	PUNCT
fsr-3243	188	76	.	.	PUNCT
fsr-3243	189	1	for	for	ADP
fsr-3243	189	2	example	example	NOUN
fsr-3243	189	3	,	,	PUNCT
fsr-3243	189	4	in	in	ADP
fsr-3243	189	5	guyton	guyton	PROPN
fsr-3243	189	6	and	and	CCONJ
fsr-3243	189	7	klinger	klinger	PROPN
fsr-3243	189	8	(	(	PUNCT
fsr-3243	189	9	2006	2006	NUM
fsr-3243	189	10	)	)	PUNCT
fsr-3243	189	11	we	we	PRON
fsr-3243	189	12	find	find	VERB
fsr-3243	189	13	that	that	SCONJ
fsr-3243	189	14	“	"	PUNCT
fsr-3243	189	15	withdrawals	withdrawal	NOUN
fsr-3243	189	16	are	be	AUX
fsr-3243	189	17	to	to	PART
fsr-3243	189	18	increase	increase	VERB
fsr-3243	189	19	from	from	ADP
fsr-3243	189	20	year	year	NOUN
fsr-3243	189	21	to	to	ADP
fsr-3243	189	22	year	year	NOUN
fsr-3243	189	23	to	to	PART
fsr-3243	189	24	make	make	VERB
fsr-3243	189	25	up	up	ADP
fsr-3243	189	26	for	for	ADP
fsr-3243	189	27	inflation	inflation	NOUN
fsr-3243	189	28	,	,	PUNCT
fsr-3243	189	29	except	except	SCONJ
fsr-3243	189	30	that	that	SCONJ
fsr-3243	189	31	there	there	PRON
fsr-3243	189	32	is	be	VERB
fsr-3243	189	33	no	no	DET
fsr-3243	189	34	increase	increase	NOUN
fsr-3243	189	35	after	after	ADP
fsr-3243	189	36	a	a	DET
fsr-3243	189	37	year	year	NOUN
fsr-3243	189	38	where	where	SCONJ
fsr-3243	189	39	the	the	DET
fsr-3243	189	40	portfolio	portfolio	NOUN
fsr-3243	189	41	’s	’s	PART
fsr-3243	189	42	total	total	ADJ
fsr-3243	189	43	return	return	NOUN
fsr-3243	189	44	is	be	AUX
fsr-3243	189	45	negative	negative	ADJ
fsr-3243	189	46	and	and	CCONJ
fsr-3243	189	47	when	when	SCONJ
fsr-3243	189	48	that	that	DET
fsr-3243	189	49	year	year	NOUN
fsr-3243	189	50	’s	’s	PART
fsr-3243	189	51	withdrawal	withdrawal	NOUN
fsr-3243	189	52	rate	rate	NOUN
fsr-3243	189	53	would	would	AUX
fsr-3243	189	54	be	be	AUX
fsr-3243	189	55	greater	great	ADJ
fsr-3243	189	56	than	than	ADP
fsr-3243	189	57	the	the	DET
fsr-3243	189	58	initial	initial	ADJ
fsr-3243	189	59	withdrawal	withdrawal	NOUN
fsr-3243	189	60	rate	rate	NOUN
fsr-3243	189	61	”	"	PUNCT
fsr-3243	189	62	(	(	PUNCT
fsr-3243	189	63	p.	p.	NOUN
fsr-3243	189	64	5	5	NUM
fsr-3243	189	65	)	)	PUNCT
fsr-3243	189	66	,	,	PUNCT
fsr-3243	189	67	or	or	CCONJ
fsr-3243	189	68	“	"	PUNCT
fsr-3243	189	69	when	when	SCONJ
fsr-3243	189	70	a	a	DET
fsr-3243	189	71	current	current	ADJ
fsr-3243	189	72	year	year	NOUN
fsr-3243	189	73	’s	’s	PART
fsr-3243	189	74	withdrawal	withdrawal	NOUN
fsr-3243	189	75	rate	rate	NOUN
fsr-3243	189	76	has	have	AUX
fsr-3243	189	77	risen	rise	VERB
fsr-3243	189	78	more	more	ADJ
fsr-3243	189	79	than	than	ADP
fsr-3243	189	80	20	20	NUM
fsr-3243	189	81	%	%	NOUN
fsr-3243	189	82	above	above	ADP
fsr-3243	189	83	the	the	DET
fsr-3243	189	84	initial	initial	ADJ
fsr-3243	189	85	withdrawal	withdrawal	NOUN
fsr-3243	189	86	rate	rate	NOUN
fsr-3243	189	87	,	,	PUNCT
fsr-3243	189	88	the	the	DET
fsr-3243	189	89	current	current	ADJ
fsr-3243	189	90	year	year	NOUN
fsr-3243	189	91	’s	’s	PART
fsr-3243	189	92	withdrawal	withdrawal	NOUN
fsr-3243	189	93	is	be	AUX
fsr-3243	189	94	reduced	reduce	VERB
fsr-3243	189	95	by	by	ADP
fsr-3243	189	96	10	10	NUM
fsr-3243	189	97	%	%	NOUN
fsr-3243	189	98	;	;	PUNCT
fsr-3243	189	99	this	this	DET
fsr-3243	189	100	rule	rule	NOUN
fsr-3243	189	101	expires	expire	VERB
fsr-3243	189	102	15	15	NUM
fsr-3243	189	103	years	year	NOUN
fsr-3243	189	104	before	before	ADP
fsr-3243	189	105	the	the	DET
fsr-3243	189	106	maximum	maximum	ADJ
fsr-3243	189	107	age	age	NOUN
fsr-3243	189	108	to	to	PART
fsr-3243	189	109	which	which	PRON
fsr-3243	189	110	the	the	DET
fsr-3243	189	111	retiree	retiree	NOUN
fsr-3243	189	112	wishes	wish	VERB
fsr-3243	189	113	to	to	PART
fsr-3243	189	114	plan	plan	VERB
fsr-3243	189	115	”	"	PUNCT
fsr-3243	189	116	(	(	PUNCT
fsr-3243	189	117	p.	p.	NOUN
fsr-3243	189	118	7	7	NUM
fsr-3243	189	119	)	)	PUNCT
fsr-3243	189	120	.	.	PUNCT
fsr-3243	190	1	one	one	PRON
fsr-3243	190	2	can	can	AUX
fsr-3243	190	3	find	find	VERB
fsr-3243	190	4	more	more	ADJ
fsr-3243	190	5	rules	rule	NOUN
fsr-3243	190	6	like	like	ADP
fsr-3243	190	7	these	these	PRON
fsr-3243	190	8	in	in	ADP
fsr-3243	190	9	other	other	ADJ
fsr-3243	190	10	studies	study	NOUN
fsr-3243	190	11	.	.	PUNCT
fsr-3243	191	1	the	the	DET
fsr-3243	191	2	pwa	pwa	PROPN
fsr-3243	191	3	approach	approach	NOUN
fsr-3243	191	4	would	would	AUX
fsr-3243	191	5	call	call	VERB
fsr-3243	191	6	this	this	DET
fsr-3243	191	7	type	type	NOUN
fsr-3243	191	8	of	of	ADP
fsr-3243	191	9	adjustments	adjustment	NOUN
fsr-3243	191	10	into	into	ADP
fsr-3243	191	11	question	question	NOUN
fsr-3243	191	12	,	,	PUNCT
fsr-3243	191	13	claiming	claim	VERB
fsr-3243	191	14	instead	instead	ADV
fsr-3243	191	15	that	that	SCONJ
fsr-3243	191	16	the	the	DET
fsr-3243	191	17	statistically	statistically	ADV
fsr-3243	191	18	appropriate	appropriate	ADJ
fsr-3243	191	19	thing	thing	NOUN
fsr-3243	191	20	to	to	PART
fsr-3243	191	21	do	do	VERB
fsr-3243	191	22	is	be	AUX
fsr-3243	191	23	to	to	PART
fsr-3243	191	24	calculate	calculate	VERB
fsr-3243	191	25	the	the	DET
fsr-3243	191	26	probability	probability	NOUN
fsr-3243	191	27	distribution	distribution	NOUN
fsr-3243	191	28	of	of	ADP
fsr-3243	191	29	pwas	pwas	NOUN
fsr-3243	191	30	for	for	ADP
fsr-3243	191	31	the	the	DET
fsr-3243	191	32	current	current	ADJ
fsr-3243	191	33	situation	situation	NOUN
fsr-3243	191	34	and	and	CCONJ
fsr-3243	191	35	choose	choose	VERB
fsr-3243	191	36	from	from	ADP
fsr-3243	191	37	there	there	ADV
fsr-3243	191	38	—	—	PUNCT
fsr-3243	191	39	every	every	DET
fsr-3243	191	40	year	year	NOUN
fsr-3243	191	41	.	.	PUNCT
fsr-3243	192	1	all	all	DET
fsr-3243	192	2	the	the	DET
fsr-3243	192	3	relevant	relevant	ADJ
fsr-3243	192	4	information	information	NOUN
fsr-3243	192	5	currently	currently	ADV
fsr-3243	192	6	available	available	ADJ
fsr-3243	192	7	is	be	AUX
fsr-3243	192	8	embedded	embed	VERB
fsr-3243	192	9	in	in	ADP
fsr-3243	192	10	that	that	DET
fsr-3243	192	11	distribution	distribution	NOUN
fsr-3243	192	12	and	and	CCONJ
fsr-3243	192	13	all	all	DET
fsr-3243	192	14	new	new	ADJ
fsr-3243	192	15	information	information	NOUN
fsr-3243	192	16	is	be	AUX
fsr-3243	192	17	captured	capture	VERB
fsr-3243	192	18	by	by	ADP
fsr-3243	192	19	the	the	DET
fsr-3243	192	20	way	way	NOUN
fsr-3243	192	21	the	the	DET
fsr-3243	192	22	distribution	distribution	NOUN
fsr-3243	192	23	changes	change	NOUN
fsr-3243	192	24	as	as	ADP
fsr-3243	192	25	time	time	NOUN
fsr-3243	192	26	elapses	elapse	VERB
fsr-3243	192	27	.	.	PUNCT
fsr-3243	193	1	an	an	DET
fsr-3243	193	2	adaptive	adaptive	ADJ
fsr-3243	193	3	rule	rule	NOUN
fsr-3243	193	4	is	be	AUX
fsr-3243	193	5	simply	simply	ADV
fsr-3243	193	6	a	a	DET
fsr-3243	193	7	movement	movement	NOUN
fsr-3243	193	8	into	into	ADP
fsr-3243	193	9	different	different	ADJ
fsr-3243	193	10	confidence	confidence	NOUN
fsr-3243	193	11	ranges	range	NOUN
fsr-3243	193	12	of	of	ADP
fsr-3243	193	13	the	the	DET
fsr-3243	193	14	corresponding	corresponding	ADJ
fsr-3243	193	15	distribution	distribution	NOUN
fsr-3243	193	16	and	and	CCONJ
fsr-3243	193	17	this	this	PRON
fsr-3243	193	18	,	,	PUNCT
fsr-3243	193	19	unless	unless	SCONJ
fsr-3243	193	20	properly	properly	ADV
fsr-3243	193	21	understood	understand	VERB
fsr-3243	193	22	and	and	CCONJ
fsr-3243	193	23	consciously	consciously	ADV
fsr-3243	193	24	chosen	choose	VERB
fsr-3243	193	25	,	,	PUNCT
fsr-3243	193	26	is	be	AUX
fsr-3243	193	27	an	an	DET
fsr-3243	193	28	arbitrary	arbitrary	ADJ
fsr-3243	193	29	call	call	NOUN
fsr-3243	193	30	.	.	PUNCT
fsr-3243	194	1	it	it	PRON
fsr-3243	194	2	must	must	AUX
fsr-3243	194	3	be	be	AUX
fsr-3243	194	4	stressed	stress	VERB
fsr-3243	194	5	that	that	SCONJ
fsr-3243	194	6	these	these	DET
fsr-3243	194	7	simplified	simplify	VERB
fsr-3243	194	8	results	result	NOUN
fsr-3243	194	9	apply	apply	VERB
fsr-3243	194	10	only	only	ADV
fsr-3243	194	11	if	if	SCONJ
fsr-3243	194	12	no	no	DET
fsr-3243	194	13	bequest	bequest	NOUN
fsr-3243	194	14	is	be	AUX
fsr-3243	194	15	being	be	AUX
fsr-3243	194	16	sought	seek	VERB
fsr-3243	194	17	.	.	PUNCT
fsr-3243	195	1	when	when	SCONJ
fsr-3243	195	2	the	the	DET
fsr-3243	195	3	retiree	retiree	NOUN
fsr-3243	195	4	wishes	wish	VERB
fsr-3243	195	5	to	to	PART
fsr-3243	195	6	leave	leave	VERB
fsr-3243	195	7	a	a	DET
fsr-3243	195	8	certain	certain	ADJ
fsr-3243	195	9	amount	amount	NOUN
fsr-3243	195	10	behind	behind	ADV
fsr-3243	195	11	,	,	PUNCT
fsr-3243	195	12	the	the	DET
fsr-3243	195	13	withdrawal	withdrawal	NOUN
fsr-3243	195	14	rate	rate	NOUN
fsr-3243	195	15	is	be	AUX
fsr-3243	195	16	given	give	VERB
fsr-3243	195	17	again	again	ADV
fsr-3243	195	18	by	by	ADP
fsr-3243	195	19	eq	eq	PROPN
fsr-3243	195	20	.	.	PUNCT
fsr-3243	196	1	(	(	PUNCT
fsr-3243	196	2	6	6	NUM
fsr-3243	196	3	)	)	PUNCT
fsr-3243	196	4	,	,	PUNCT
fsr-3243	196	5	which	which	PRON
fsr-3243	196	6	is	be	AUX
fsr-3243	196	7	the	the	DET
fsr-3243	196	8	general	general	ADJ
fsr-3243	196	9	-	-	PUNCT
fsr-3243	196	10	case	case	NOUN
fsr-3243	196	11	expression	expression	NOUN
fsr-3243	196	12	:	:	PUNCT
fsr-3243	196	13	w	w	PROPN
fsr-3243	196	14	/	/	SYM
fsr-3243	196	15	ks	ks	NOUN
fsr-3243	196	16	�	�	PROPN
fsr-3243	196	17	rnsn	rnsn	PROPN
fsr-3243	196	18	�	�	PROPN
fsr-3243	196	19	sn	sn	PROPN
fsr-3243	196	20	(	(	PUNCT
fsr-3243	196	21	ke	ke	NOUN
fsr-3243	196	22	/	/	SYM
fsr-3243	196	23	ks	ks	NOUN
fsr-3243	196	24	)	)	PUNCT
fsr-3243	196	25	(	(	PUNCT
fsr-3243	196	26	6	6	X
fsr-3243	196	27	)	)	PUNCT
fsr-3243	196	28	this	this	PRON
fsr-3243	196	29	can	can	AUX
fsr-3243	196	30	be	be	AUX
fsr-3243	196	31	read	read	VERB
fsr-3243	196	32	as	as	ADP
fsr-3243	196	33	“	"	PUNCT
fsr-3243	196	34	the	the	DET
fsr-3243	196	35	withdrawal	withdrawal	NOUN
fsr-3243	196	36	rate	rate	NOUN
fsr-3243	196	37	for	for	ADP
fsr-3243	196	38	the	the	DET
fsr-3243	196	39	no	no	DET
fsr-3243	196	40	-	-	PUNCT
fsr-3243	196	41	bequest	bequest	NOUN
fsr-3243	196	42	case	case	NOUN
fsr-3243	196	43	,	,	PUNCT
fsr-3243	196	44	reduced	reduce	VERB
fsr-3243	196	45	by	by	ADP
fsr-3243	196	46	the	the	DET
fsr-3243	196	47	sequencing	sequence	VERB
fsr-3243	196	48	factor	factor	NOUN
fsr-3243	196	49	times	time	NOUN
fsr-3243	196	50	the	the	DET
fsr-3243	196	51	fraction	fraction	NOUN
fsr-3243	196	52	of	of	ADP
fsr-3243	196	53	the	the	DET
fsr-3243	196	54	current	current	ADJ
fsr-3243	196	55	balance	balance	NOUN
fsr-3243	196	56	that	that	PRON
fsr-3243	196	57	is	be	AUX
fsr-3243	196	58	to	to	PART
fsr-3243	196	59	be	be	AUX
fsr-3243	196	60	bequeathed	bequeath	VERB
fsr-3243	196	61	.	.	PUNCT
fsr-3243	196	62	”	"	PUNCT
fsr-3243	197	1	the	the	DET
fsr-3243	197	2	performance	performance	NOUN
fsr-3243	197	3	of	of	ADP
fsr-3243	197	4	the	the	DET
fsr-3243	197	5	investment	investment	NOUN
fsr-3243	197	6	portfolio	portfolio	NOUN
fsr-3243	197	7	in	in	ADP
fsr-3243	197	8	previous	previous	ADJ
fsr-3243	197	9	years	year	NOUN
fsr-3243	197	10	then	then	ADV
fsr-3243	197	11	comes	come	VERB
fsr-3243	197	12	back	back	ADV
fsr-3243	197	13	into	into	ADP
fsr-3243	197	14	play	play	NOUN
fsr-3243	197	15	,	,	PUNCT
fsr-3243	197	16	but	but	CCONJ
fsr-3243	197	17	it	it	PRON
fsr-3243	197	18	is	be	AUX
fsr-3243	197	19	fully	fully	ADV
fsr-3243	197	20	captured	capture	VERB
fsr-3243	197	21	by	by	ADP
fsr-3243	197	22	the	the	DET
fsr-3243	197	23	balance	balance	NOUN
fsr-3243	197	24	actually	actually	ADV
fsr-3243	197	25	showing	show	VERB
fsr-3243	197	26	in	in	ADP
fsr-3243	197	27	each	each	DET
fsr-3243	197	28	period	period	NOUN
fsr-3243	197	29	,	,	PUNCT
fsr-3243	197	30	which	which	PRON
fsr-3243	197	31	is	be	AUX
fsr-3243	197	32	relevant	relevant	ADJ
fsr-3243	197	33	only	only	ADV
fsr-3243	197	34	insofar	insofar	ADV
fsr-3243	197	35	as	as	SCONJ
fsr-3243	197	36	it	it	PRON
fsr-3243	197	37	affects	affect	VERB
fsr-3243	197	38	the	the	DET
fsr-3243	197	39	bequest	bequest	NOUN
fsr-3243	197	40	-	-	PUNCT
fsr-3243	197	41	to	to	ADP
fsr-3243	197	42	-	-	PUNCT
fsr-3243	197	43	balance	balance	NOUN
fsr-3243	197	44	ratio	ratio	NOUN
fsr-3243	197	45	.	.	PUNCT
fsr-3243	198	1	6	6	X
fsr-3243	198	2	.	.	X
fsr-3243	199	1	what	what	DET
fsr-3243	199	2	confidence	confidence	NOUN
fsr-3243	199	3	ranges	range	VERB
fsr-3243	199	4	really	really	ADV
fsr-3243	199	5	tell	tell	VERB
fsr-3243	199	6	us	we	PRON
fsr-3243	199	7	at	at	ADP
fsr-3243	199	8	this	this	DET
fsr-3243	199	9	point	point	NOUN
fsr-3243	199	10	it	it	PRON
fsr-3243	199	11	becomes	become	VERB
fsr-3243	199	12	important	important	ADJ
fsr-3243	199	13	to	to	PART
fsr-3243	199	14	clarify	clarify	VERB
fsr-3243	199	15	what	what	PRON
fsr-3243	199	16	is	be	AUX
fsr-3243	199	17	meant	mean	VERB
fsr-3243	199	18	by	by	ADP
fsr-3243	199	19	“	"	PUNCT
fsr-3243	199	20	confidence	confidence	NOUN
fsr-3243	199	21	range	range	NOUN
fsr-3243	199	22	”	"	PUNCT
fsr-3243	199	23	in	in	ADP
fsr-3243	199	24	this	this	DET
fsr-3243	199	25	framework	framework	NOUN
fsr-3243	199	26	.	.	PUNCT
fsr-3243	200	1	because	because	SCONJ
fsr-3243	200	2	the	the	DET
fsr-3243	200	3	framework	framework	NOUN
fsr-3243	200	4	is	be	AUX
fsr-3243	200	5	adaptive	adaptive	ADJ
fsr-3243	200	6	,	,	PUNCT
fsr-3243	200	7	now	now	ADV
fsr-3243	200	8	an	an	DET
fsr-3243	200	9	expression	expression	NOUN
fsr-3243	200	10	such	such	ADJ
fsr-3243	200	11	as	as	ADP
fsr-3243	200	12	“	"	PUNCT
fsr-3243	200	13	90	90	NUM
fsr-3243	200	14	%	%	NOUN
fsr-3243	200	15	safe	safe	ADJ
fsr-3243	200	16	”	"	PUNCT
fsr-3243	200	17	no	no	ADV
fsr-3243	200	18	longer	long	ADV
fsr-3243	200	19	means	mean	VERB
fsr-3243	200	20	that	that	SCONJ
fsr-3243	200	21	there	there	PRON
fsr-3243	200	22	is	be	VERB
fsr-3243	200	23	a	a	DET
fsr-3243	200	24	90	90	NUM
fsr-3243	200	25	%	%	NOUN
fsr-3243	200	26	chance	chance	NOUN
fsr-3243	200	27	that	that	SCONJ
fsr-3243	200	28	the	the	DET
fsr-3243	200	29	portfolio	portfolio	NOUN
fsr-3243	200	30	will	will	AUX
fsr-3243	200	31	not	not	PART
fsr-3243	200	32	run	run	VERB
fsr-3243	200	33	out	out	ADP
fsr-3243	200	34	of	of	ADP
fsr-3243	200	35	funds	fund	NOUN
fsr-3243	200	36	.	.	PUNCT
fsr-3243	201	1	what	what	PRON
fsr-3243	201	2	it	it	PRON
fsr-3243	201	3	means	mean	VERB
fsr-3243	201	4	is	be	AUX
fsr-3243	201	5	that	that	SCONJ
fsr-3243	201	6	there	there	PRON
fsr-3243	201	7	is	be	VERB
fsr-3243	201	8	a	a	DET
fsr-3243	201	9	90	90	NUM
fsr-3243	201	10	%	%	NOUN
fsr-3243	201	11	chance	chance	NOUN
fsr-3243	201	12	that	that	SCONJ
fsr-3243	201	13	you	you	PRON
fsr-3243	201	14	wo	will	AUX
fsr-3243	201	15	n’t	not	PART
fsr-3243	201	16	have	have	AUX
fsr-3243	201	17	to	to	PART
fsr-3243	201	18	lower	lower	VERB
fsr-3243	201	19	your	your	PRON
fsr-3243	201	20	withdrawal	withdrawal	NOUN
fsr-3243	201	21	amount	amount	NOUN
fsr-3243	201	22	in	in	ADP
fsr-3243	201	23	the	the	DET
fsr-3243	201	24	future	future	NOUN
fsr-3243	201	25	,	,	PUNCT
fsr-3243	201	26	to	to	PART
fsr-3243	201	27	achieve	achieve	VERB
fsr-3243	201	28	your	your	PRON
fsr-3243	201	29	bequest	bequest	NOUN
fsr-3243	201	30	target	target	NOUN
fsr-3243	201	31	.	.	PUNCT
fsr-3243	202	1	we	we	PRON
fsr-3243	202	2	think	think	VERB
fsr-3243	202	3	this	this	DET
fsr-3243	202	4	interpretation	interpretation	NOUN
fsr-3243	202	5	is	be	AUX
fsr-3243	202	6	more	more	ADV
fsr-3243	202	7	informative	informative	ADJ
fsr-3243	202	8	for	for	ADP
fsr-3243	202	9	the	the	DET
fsr-3243	202	10	investor	investor	NOUN
fsr-3243	202	11	because	because	SCONJ
fsr-3243	202	12	normally	normally	ADV
fsr-3243	202	13	in	in	ADP
fsr-3243	202	14	a	a	DET
fsr-3243	202	15	real	real	ADJ
fsr-3243	202	16	life	life	NOUN
fsr-3243	202	17	situation	situation	NOUN
fsr-3243	202	18	a	a	DET
fsr-3243	202	19	strategy	strategy	NOUN
fsr-3243	202	20	will	will	AUX
fsr-3243	202	21	not	not	PART
fsr-3243	202	22	be	be	AUX
fsr-3243	202	23	allowed	allow	VERB
fsr-3243	202	24	to	to	PART
fsr-3243	202	25	fail	fail	VERB
fsr-3243	202	26	—	—	PUNCT
fsr-3243	202	27	the	the	DET
fsr-3243	202	28	withdrawal	withdrawal	NOUN
fsr-3243	202	29	amount	amount	NOUN
fsr-3243	202	30	will	will	AUX
fsr-3243	202	31	be	be	AUX
fsr-3243	202	32	reduced	reduce	VERB
fsr-3243	202	33	before	before	SCONJ
fsr-3243	202	34	that	that	PRON
fsr-3243	202	35	happens	happen	VERB
fsr-3243	202	36	.	.	PUNCT
fsr-3243	203	1	so	so	ADV
fsr-3243	203	2	the	the	DET
fsr-3243	203	3	truly	truly	ADV
fsr-3243	203	4	pressing	pressing	ADJ
fsr-3243	203	5	question	question	NOUN
fsr-3243	203	6	is	be	AUX
fsr-3243	203	7	then	then	ADV
fsr-3243	203	8	how	how	SCONJ
fsr-3243	203	9	much	much	ADV
fsr-3243	203	10	would	would	AUX
fsr-3243	203	11	the	the	DET
fsr-3243	203	12	withdrawal	withdrawal	NOUN
fsr-3243	203	13	amount	amount	NOUN
fsr-3243	203	14	need	need	VERB
fsr-3243	203	15	to	to	PART
fsr-3243	203	16	be	be	AUX
fsr-3243	203	17	lowered	lower	VERB
fsr-3243	203	18	if	if	SCONJ
fsr-3243	203	19	we	we	PRON
fsr-3243	203	20	go	go	VERB
fsr-3243	203	21	into	into	ADP
fsr-3243	203	22	the	the	DET
fsr-3243	203	23	red	red	ADJ
fsr-3243	203	24	zone	zone	NOUN
fsr-3243	203	25	.	.	PUNCT
fsr-3243	204	1	the	the	DET
fsr-3243	204	2	model	model	NOUN
fsr-3243	204	3	can	can	AUX
fsr-3243	204	4	produce	produce	VERB
fsr-3243	204	5	these	these	DET
fsr-3243	204	6	quantitative	quantitative	ADJ
fsr-3243	204	7	assessments	assessment	NOUN
fsr-3243	204	8	by	by	ADP
fsr-3243	204	9	computing	compute	VERB
fsr-3243	204	10	and	and	CCONJ
fsr-3243	204	11	analyzing	analyze	VERB
fsr-3243	204	12	alternate	alternate	ADJ
fsr-3243	204	13	pwa	pwa	PROPN
fsr-3243	204	14	distributions	distribution	NOUN
fsr-3243	204	15	,	,	PUNCT
fsr-3243	204	16	which	which	PRON
fsr-3243	204	17	are	be	AUX
fsr-3243	204	18	relatively	relatively	ADV
fsr-3243	204	19	easy	easy	ADJ
fsr-3243	204	20	to	to	PART
fsr-3243	204	21	obtain	obtain	VERB
fsr-3243	204	22	because	because	SCONJ
fsr-3243	204	23	they	they	PRON
fsr-3243	204	24	can	can	AUX
fsr-3243	204	25	be	be	AUX
fsr-3243	204	26	derived	derive	VERB
fsr-3243	204	27	from	from	ADP
fsr-3243	204	28	the	the	DET
fsr-3243	204	29	original	original	ADJ
fsr-3243	204	30	distribution	distribution	NOUN
fsr-3243	204	31	.	.	PUNCT
fsr-3243	205	1	for	for	ADP
fsr-3243	205	2	example	example	NOUN
fsr-3243	205	3	,	,	PUNCT
fsr-3243	205	4	the	the	DET
fsr-3243	205	5	distribution	distribution	NOUN
fsr-3243	205	6	of	of	ADP
fsr-3243	205	7	the	the	DET
fsr-3243	205	8	pwa	pwa	PROPN
fsr-3243	205	9	after	after	ADP
fsr-3243	205	10	withdrawing	withdraw	VERB
fsr-3243	205	11	an	an	DET
fsr-3243	205	12	arbitrary	arbitrary	ADJ
fsr-3243	205	13	amount	amount	NOUN
fsr-3243	205	14	w	w	NOUN
fsr-3243	205	15	*	*	NOUN
fsr-3243	205	16	this	this	DET
fsr-3243	205	17	year	year	NOUN
fsr-3243	205	18	can	can	AUX
fsr-3243	205	19	be	be	AUX
fsr-3243	205	20	obtained	obtain	VERB
fsr-3243	205	21	using	use	VERB
fsr-3243	205	22	a	a	DET
fsr-3243	205	23	modified	modify	VERB
fsr-3243	205	24	version	version	NOUN
fsr-3243	205	25	of	of	ADP
fsr-3243	205	26	eq	eq	PROPN
fsr-3243	205	27	.	.	PUNCT
fsr-3243	206	1	(	(	PUNCT
fsr-3243	206	2	3):9	3):9	NUM
fsr-3243	206	3	342	342	NUM
fsr-3243	206	4	e.d	e.d	PROPN
fsr-3243	206	5	.	.	PROPN
fsr-3243	206	6	suarez	suarez	PROPN
fsr-3243	206	7	et	et	PROPN
fsr-3243	206	8	al	al	PROPN
fsr-3243	206	9	.	.	PUNCT
fsr-3243	206	10	/	/	SYM
fsr-3243	206	11	financial	financial	ADJ
fsr-3243	206	12	services	service	NOUN
fsr-3243	206	13	review	review	VERB
fsr-3243	206	14	24	24	NUM
fsr-3243	206	15	(	(	PUNCT
fsr-3243	206	16	2015	2015	NUM
fsr-3243	206	17	)	)	PUNCT
fsr-3243	206	18	331–357	331–357	NUM
fsr-3243	206	19	w	w	PROPN
fsr-3243	206	20	�	�	PROPN
fsr-3243	206	21	�	�	PROPN
fsr-3243	206	22	�	�	PROPN
fsr-3243	206	23	rn	rn	PROPN
fsr-3243	206	24	(	(	PUNCT
fsr-3243	206	25	ks	ks	PROPN
fsr-3243	206	26	�	�	PROPN
fsr-3243	206	27	w	w	PROPN
fsr-3243	206	28	*	*	PROPN
fsr-3243	206	29	)	)	PUNCT
fsr-3243	206	30	�	�	PROPN
fsr-3243	206	31	ke	ke	PROPN
fsr-3243	206	32	�	�	PROPN
fsr-3243	206	33	�	�	PROPN
fsr-3243	206	34	�	�	PROPN
fsr-3243	206	35	i	i	PRON
fsr-3243	206	36	�	�	PROPN
fsr-3243	206	37	2	2	NUM
fsr-3243	206	38	n	n	PRON
fsr-3243	206	39	�	�	PROPN
fsr-3243	206	40	j	j	PROPN
fsr-3243	206	41	�	�	PROPN
fsr-3243	206	42	i	i	PRON
fsr-3243	206	43	n	n	PROPN
fsr-3243	206	44	(	(	PUNCT
fsr-3243	206	45	1	1	NUM
fsr-3243	206	46	�	�	PROPN
fsr-3243	206	47	rj	rj	PROPN
fsr-3243	206	48	)	)	PUNCT
fsr-3243	206	49	(	(	PUNCT
fsr-3243	206	50	8)	8)	NUM
fsr-3243	206	51	where	where	SCONJ
fsr-3243	206	52	w	w	NOUN
fsr-3243	206	53	’	'	PUNCT
fsr-3243	206	54	is	be	AUX
fsr-3243	206	55	the	the	DET
fsr-3243	206	56	new	new	ADJ
fsr-3243	206	57	(	(	PUNCT
fsr-3243	206	58	modified	modified	ADJ
fsr-3243	206	59	)	)	PUNCT
fsr-3243	206	60	pwa	pwa	PROPN
fsr-3243	206	61	for	for	ADP
fsr-3243	206	62	the	the	DET
fsr-3243	206	63	subsequent	subsequent	ADJ
fsr-3243	206	64	years	year	NOUN
fsr-3243	206	65	,	,	PUNCT
fsr-3243	206	66	w	w	PROPN
fsr-3243	206	67	*	*	PROPN
fsr-3243	206	68	is	be	AUX
fsr-3243	206	69	the	the	DET
fsr-3243	206	70	withdrawal	withdrawal	NOUN
fsr-3243	206	71	amount	amount	NOUN
fsr-3243	206	72	being	be	AUX
fsr-3243	206	73	considered	consider	VERB
fsr-3243	206	74	for	for	ADP
fsr-3243	206	75	this	this	DET
fsr-3243	206	76	year	year	NOUN
fsr-3243	206	77	,	,	PUNCT
fsr-3243	206	78	and	and	CCONJ
fsr-3243	206	79	we	we	PRON
fsr-3243	206	80	leave	leave	VERB
fsr-3243	206	81	the	the	DET
fsr-3243	206	82	expression	expression	NOUN
fsr-3243	206	83	in	in	ADP
fsr-3243	206	84	the	the	DET
fsr-3243	206	85	denominator	denominator	NOUN
fsr-3243	206	86	in	in	ADP
fsr-3243	206	87	its	its	PRON
fsr-3243	206	88	explicit	explicit	ADJ
fsr-3243	206	89	form	form	NOUN
fsr-3243	206	90	to	to	PART
fsr-3243	206	91	note	note	VERB
fsr-3243	206	92	that	that	SCONJ
fsr-3243	206	93	the	the	DET
fsr-3243	206	94	summation	summation	NOUN
fsr-3243	206	95	now	now	ADV
fsr-3243	206	96	starts	start	VERB
fsr-3243	206	97	at	at	ADP
fsr-3243	206	98	period	period	NOUN
fsr-3243	206	99	2	2	NUM
fsr-3243	206	100	.	.	PUNCT
fsr-3243	207	1	we	we	PRON
fsr-3243	207	2	see	see	VERB
fsr-3243	207	3	that	that	SCONJ
fsr-3243	207	4	the	the	DET
fsr-3243	207	5	denominator	denominator	NOUN
fsr-3243	207	6	is	be	AUX
fsr-3243	207	7	now	now	ADV
fsr-3243	207	8	“	"	PUNCT
fsr-3243	207	9	missing	miss	VERB
fsr-3243	207	10	”	"	PUNCT
fsr-3243	207	11	the	the	DET
fsr-3243	207	12	product	product	NOUN
fsr-3243	207	13	of	of	ADP
fsr-3243	207	14	all	all	DET
fsr-3243	207	15	the	the	DET
fsr-3243	207	16	returns	return	NOUN
fsr-3243	207	17	from	from	ADP
fsr-3243	207	18	year	year	NOUN
fsr-3243	207	19	1	1	NUM
fsr-3243	207	20	to	to	ADP
fsr-3243	207	21	year	year	NOUN
fsr-3243	207	22	n	n	CCONJ
fsr-3243	207	23	(	(	PUNCT
fsr-3243	207	24	the	the	DET
fsr-3243	207	25	summation	summation	NOUN
fsr-3243	207	26	starts	start	VERB
fsr-3243	207	27	with	with	ADP
fsr-3243	207	28	the	the	DET
fsr-3243	207	29	product	product	NOUN
fsr-3243	207	30	of	of	ADP
fsr-3243	207	31	returns	return	NOUN
fsr-3243	207	32	from	from	ADP
fsr-3243	207	33	year	year	NOUN
fsr-3243	207	34	2	2	NUM
fsr-3243	207	35	to	to	ADP
fsr-3243	207	36	year	year	NOUN
fsr-3243	207	37	n	n	CCONJ
fsr-3243	207	38	)	)	PUNCT
fsr-3243	207	39	,	,	PUNCT
fsr-3243	207	40	which	which	PRON
fsr-3243	207	41	is	be	AUX
fsr-3243	207	42	rn	rn	PROPN
fsr-3243	207	43	,	,	PUNCT
fsr-3243	207	44	so	so	SCONJ
fsr-3243	207	45	we	we	PRON
fsr-3243	207	46	can	can	AUX
fsr-3243	207	47	express	express	VERB
fsr-3243	207	48	it	it	PRON
fsr-3243	207	49	as	as	ADP
fsr-3243	207	50	1	1	NUM
fsr-3243	207	51	sn	sn	PROPN
fsr-3243	207	52	�	�	PROPN
fsr-3243	207	53	rn	rn	PROPN
fsr-3243	207	54	.	.	PROPN
fsr-3243	208	1	and	and	CCONJ
fsr-3243	208	2	we	we	PRON
fsr-3243	208	3	now	now	ADV
fsr-3243	208	4	rewrite	rewrite	VERB
fsr-3243	208	5	eq	eq	ADP
fsr-3243	208	6	.	.	PUNCT
fsr-3243	209	1	(	(	PUNCT
fsr-3243	209	2	8)	8)	NUM
fsr-3243	209	3	as	as	ADP
fsr-3243	209	4	:	:	PUNCT
fsr-3243	209	5	w	w	PROPN
fsr-3243	209	6	�	�	PROPN
fsr-3243	209	7	�	�	PROPN
fsr-3243	209	8	�	�	PROPN
fsr-3243	209	9	rn	rn	PROPN
fsr-3243	209	10	(	(	PUNCT
fsr-3243	209	11	ks	ks	PROPN
fsr-3243	209	12	�	�	PROPN
fsr-3243	209	13	w	w	PROPN
fsr-3243	209	14	*	*	PROPN
fsr-3243	209	15	)	)	PUNCT
fsr-3243	209	16	�	�	PROPN
fsr-3243	209	17	ke	ke	PROPN
fsr-3243	209	18	�	�	PROPN
fsr-3243	209	19	sn/(1	sn/(1	NUM
fsr-3243	209	20	�	�	PROPN
fsr-3243	209	21	rnsn	rnsn	PROPN
fsr-3243	209	22	)	)	PUNCT
fsr-3243	209	23	(	(	PUNCT
fsr-3243	209	24	9	9	X
fsr-3243	209	25	)	)	PUNCT
fsr-3243	209	26	finally	finally	ADV
fsr-3243	209	27	,	,	PUNCT
fsr-3243	209	28	we	we	PRON
fsr-3243	209	29	can	can	AUX
fsr-3243	209	30	identify	identify	VERB
fsr-3243	209	31	some	some	PRON
fsr-3243	209	32	of	of	ADP
fsr-3243	209	33	these	these	DET
fsr-3243	209	34	terms	term	NOUN
fsr-3243	209	35	as	as	ADP
fsr-3243	209	36	our	our	PRON
fsr-3243	209	37	original	original	ADJ
fsr-3243	209	38	pwa	pwa	PROPN
fsr-3243	209	39	,	,	PUNCT
fsr-3243	209	40	w	w	PROPN
fsr-3243	209	41	�	�	PROPN
fsr-3243	209	42	(	(	PUNCT
fsr-3243	209	43	rnks	rnk	VERB
fsr-3243	209	44	�	�	PROPN
fsr-3243	209	45	ke	ke	PROPN
fsr-3243	209	46	)	)	PUNCT
fsr-3243	209	47	sn	sn	PROPN
fsr-3243	209	48	,	,	PUNCT
fsr-3243	209	49	to	to	PART
fsr-3243	209	50	see	see	VERB
fsr-3243	209	51	that	that	SCONJ
fsr-3243	209	52	the	the	DET
fsr-3243	209	53	modified	modified	ADJ
fsr-3243	209	54	pwa	pwa	PROPN
fsr-3243	209	55	is	be	AUX
fsr-3243	209	56	a	a	DET
fsr-3243	209	57	linear	linear	ADJ
fsr-3243	209	58	transformation	transformation	NOUN
fsr-3243	209	59	of	of	ADP
fsr-3243	209	60	the	the	DET
fsr-3243	209	61	original	original	ADJ
fsr-3243	209	62	:	:	PUNCT
fsr-3243	209	63	w	w	PROPN
fsr-3243	209	64	�	�	PROPN
fsr-3243	209	65	�	�	PROPN
fsr-3243	209	66	(	(	PUNCT
fsr-3243	209	67	1	1	NUM
fsr-3243	209	68	�	�	PROPN
fsr-3243	209	69	rnsn)	rnsn)	SYM
fsr-3243	209	70	�	�	PROPN
fsr-3243	209	71	1	1	NUM
fsr-3243	209	72	w	w	PROPN
fsr-3243	209	73	�	�	PROPN
fsr-3243	209	74	rnsn	rnsn	NOUN
fsr-3243	209	75	(	(	PUNCT
fsr-3243	209	76	1	1	NUM
fsr-3243	209	77	�	�	PROPN
fsr-3243	209	78	rnsn)	rnsn)	SYM
fsr-3243	209	79	�	�	PROPN
fsr-3243	209	80	1	1	NUM
fsr-3243	209	81	w	w	PROPN
fsr-3243	209	82	*	*	PUNCT
fsr-3243	209	83	(	(	PUNCT
fsr-3243	209	84	10	10	NUM
fsr-3243	209	85	)	)	PUNCT
fsr-3243	209	86	we	we	PRON
fsr-3243	209	87	can	can	AUX
fsr-3243	209	88	use	use	VERB
fsr-3243	209	89	this	this	DET
fsr-3243	209	90	expression	expression	NOUN
fsr-3243	209	91	to	to	PART
fsr-3243	209	92	compute	compute	VERB
fsr-3243	209	93	different	different	ADJ
fsr-3243	209	94	pwa	pwa	PROPN
fsr-3243	209	95	distributions	distribution	NOUN
fsr-3243	209	96	using	use	VERB
fsr-3243	209	97	the	the	DET
fsr-3243	209	98	set	set	NOUN
fsr-3243	209	99	of	of	ADP
fsr-3243	209	100	(	(	PUNCT
fsr-3243	209	101	rn	rn	PROPN
fsr-3243	209	102	,	,	PUNCT
fsr-3243	209	103	sn	sn	NOUN
fsr-3243	209	104	)	)	PUNCT
fsr-3243	209	105	pairs	pair	NOUN
fsr-3243	209	106	that	that	PRON
fsr-3243	209	107	we	we	PRON
fsr-3243	209	108	already	already	ADV
fsr-3243	209	109	have	have	VERB
fsr-3243	209	110	.	.	PUNCT
fsr-3243	210	1	fig	fig	NOUN
fsr-3243	210	2	.	.	PUNCT
fsr-3243	211	1	7	7	NUM
fsr-3243	211	2	presents	present	NOUN
fsr-3243	211	3	two	two	NUM
fsr-3243	211	4	of	of	ADP
fsr-3243	211	5	these	these	DET
fsr-3243	211	6	alternate	alternate	ADJ
fsr-3243	211	7	distributions	distribution	NOUN
fsr-3243	211	8	,	,	PUNCT
fsr-3243	211	9	using	use	VERB
fsr-3243	211	10	w*	w*	NOUN
fsr-3243	211	11	�	�	NOUN
fsr-3243	211	12	$20,000	$20,000	NUM
fsr-3243	211	13	and	and	CCONJ
fsr-3243	211	14	w*	w*	PROPN
fsr-3243	211	15	�	�	PROPN
fsr-3243	211	16	$100,000	$100,000	PROPN
fsr-3243	211	17	.	.	PUNCT
fsr-3243	212	1	these	these	DET
fsr-3243	212	2	alternate	alternate	ADJ
fsr-3243	212	3	distributions	distribution	NOUN
fsr-3243	212	4	are	be	AUX
fsr-3243	212	5	then	then	ADV
fsr-3243	212	6	the	the	DET
fsr-3243	212	7	answer	answer	NOUN
fsr-3243	212	8	that	that	SCONJ
fsr-3243	212	9	the	the	DET
fsr-3243	212	10	framework	framework	NOUN
fsr-3243	212	11	provides	provide	VERB
fsr-3243	212	12	to	to	ADP
fsr-3243	212	13	our	our	PRON
fsr-3243	212	14	pressing	press	VERB
fsr-3243	212	15	question	question	NOUN
fsr-3243	212	16	above	above	ADV
fsr-3243	212	17	.	.	PUNCT
fsr-3243	213	1	where	where	SCONJ
fsr-3243	213	2	most	most	ADJ
fsr-3243	213	3	other	other	ADJ
fsr-3243	213	4	approaches	approach	NOUN
fsr-3243	213	5	simply	simply	ADV
fsr-3243	213	6	provide	provide	VERB
fsr-3243	213	7	the	the	DET
fsr-3243	213	8	change	change	NOUN
fsr-3243	213	9	in	in	ADP
fsr-3243	213	10	the	the	DET
fsr-3243	213	11	failure	failure	NOUN
fsr-3243	213	12	-	-	PUNCT
fsr-3243	213	13	risk	risk	NOUN
fsr-3243	213	14	figure	figure	NOUN
fsr-3243	213	15	,	,	PUNCT
fsr-3243	213	16	here	here	ADV
fsr-3243	213	17	we	we	PRON
fsr-3243	213	18	can	can	AUX
fsr-3243	213	19	compute	compute	VERB
fsr-3243	213	20	the	the	DET
fsr-3243	213	21	withdrawal	withdrawal	NOUN
fsr-3243	213	22	amounts	amount	VERB
fsr-3243	213	23	corresponding	correspond	VERB
fsr-3243	213	24	to	to	ADP
fsr-3243	213	25	different	different	ADJ
fsr-3243	213	26	fig	fig	NOUN
fsr-3243	213	27	.	.	PUNCT
fsr-3243	214	1	7	7	X
fsr-3243	214	2	.	.	X
fsr-3243	214	3	pwa	pwa	NOUN
fsr-3243	214	4	distributions	distribution	NOUN
fsr-3243	214	5	immediately	immediately	ADV
fsr-3243	214	6	after	after	ADP
fsr-3243	214	7	making	make	VERB
fsr-3243	214	8	the	the	DET
fsr-3243	214	9	first	first	ADJ
fsr-3243	214	10	withdrawal	withdrawal	NOUN
fsr-3243	214	11	,	,	PUNCT
fsr-3243	214	12	but	but	CCONJ
fsr-3243	214	13	before	before	SCONJ
fsr-3243	214	14	the	the	DET
fsr-3243	214	15	first	first	ADJ
fsr-3243	214	16	yield	yield	NOUN
fsr-3243	214	17	accrues	accrue	NOUN
fsr-3243	214	18	.	.	PUNCT
fsr-3243	215	1	the	the	DET
fsr-3243	215	2	thicker	thick	ADJ
fsr-3243	215	3	line	line	NOUN
fsr-3243	215	4	is	be	AUX
fsr-3243	215	5	fig	fig	NOUN
fsr-3243	215	6	.	.	PUNCT
fsr-3243	216	1	3	3	NUM
fsr-3243	216	2	(	(	PUNCT
fsr-3243	216	3	the	the	DET
fsr-3243	216	4	original	original	ADJ
fsr-3243	216	5	distribution	distribution	NOUN
fsr-3243	216	6	)	)	PUNCT
fsr-3243	216	7	.	.	PUNCT
fsr-3243	217	1	these	these	DET
fsr-3243	217	2	charts	chart	NOUN
fsr-3243	217	3	answer	answer	VERB
fsr-3243	217	4	the	the	DET
fsr-3243	217	5	question	question	NOUN
fsr-3243	217	6	“	"	PUNCT
fsr-3243	217	7	what	what	PRON
fsr-3243	217	8	happens	happen	VERB
fsr-3243	217	9	if	if	SCONJ
fsr-3243	217	10	i	i	PRON
fsr-3243	217	11	withdraw	withdraw	VERB
fsr-3243	217	12	x	x	PROPN
fsr-3243	217	13	dollars	dollar	NOUN
fsr-3243	217	14	this	this	DET
fsr-3243	217	15	year	year	NOUN
fsr-3243	217	16	,	,	PUNCT
fsr-3243	217	17	”	"	PUNCT
fsr-3243	217	18	and	and	CCONJ
fsr-3243	217	19	are	be	AUX
fsr-3243	217	20	the	the	DET
fsr-3243	217	21	pwa	pwa	PROPN
fsr-3243	217	22	alternative	alternative	NOUN
fsr-3243	217	23	to	to	ADP
fsr-3243	217	24	failure	failure	NOUN
fsr-3243	217	25	-	-	PUNCT
fsr-3243	217	26	risk	risk	NOUN
fsr-3243	217	27	figures	figure	NOUN
fsr-3243	217	28	.	.	PUNCT
fsr-3243	218	1	343e.d	343e.d	X
fsr-3243	218	2	.	.	PUNCT
fsr-3243	219	1	suarez	suarez	PROPN
fsr-3243	219	2	et	et	PROPN
fsr-3243	219	3	al	al	PROPN
fsr-3243	219	4	.	.	PUNCT
fsr-3243	219	5	/	/	SYM
fsr-3243	219	6	financial	financial	ADJ
fsr-3243	219	7	services	service	NOUN
fsr-3243	219	8	review	review	VERB
fsr-3243	219	9	24	24	NUM
fsr-3243	219	10	(	(	PUNCT
fsr-3243	219	11	2015	2015	NUM
fsr-3243	219	12	)	)	PUNCT
fsr-3243	219	13	331–357	331–357	NUM
fsr-3243	219	14	safety	safety	NOUN
fsr-3243	219	15	levels	level	NOUN
fsr-3243	219	16	,	,	PUNCT
fsr-3243	219	17	with	with	ADP
fsr-3243	219	18	one	one	NUM
fsr-3243	219	19	year	year	NOUN
fsr-3243	219	20	less	less	ADJ
fsr-3243	219	21	to	to	PART
fsr-3243	219	22	go	go	VERB
fsr-3243	219	23	,	,	PUNCT
fsr-3243	219	24	after	after	ADP
fsr-3243	219	25	making	make	VERB
fsr-3243	219	26	a	a	DET
fsr-3243	219	27	withdrawal	withdrawal	NOUN
fsr-3243	219	28	of	of	ADP
fsr-3243	219	29	a	a	DET
fsr-3243	219	30	given	give	VERB
fsr-3243	219	31	amount	amount	NOUN
fsr-3243	219	32	in	in	ADP
fsr-3243	219	33	the	the	DET
fsr-3243	219	34	current	current	ADJ
fsr-3243	219	35	period	period	NOUN
fsr-3243	219	36	.	.	PUNCT
fsr-3243	220	1	from	from	ADP
fsr-3243	220	2	the	the	DET
fsr-3243	220	3	point	point	NOUN
fsr-3243	220	4	of	of	ADP
fsr-3243	220	5	view	view	NOUN
fsr-3243	220	6	of	of	ADP
fsr-3243	220	7	the	the	DET
fsr-3243	220	8	retiree	retiree	NOUN
fsr-3243	220	9	,	,	PUNCT
fsr-3243	220	10	this	this	PRON
fsr-3243	220	11	is	be	AUX
fsr-3243	220	12	the	the	DET
fsr-3243	220	13	probability	probability	NOUN
fsr-3243	220	14	that	that	SCONJ
fsr-3243	220	15	she	she	PRON
fsr-3243	220	16	will	will	AUX
fsr-3243	220	17	have	have	AUX
fsr-3243	220	18	to	to	PART
fsr-3243	220	19	settle	settle	VERB
fsr-3243	220	20	for	for	ADP
fsr-3243	220	21	a	a	DET
fsr-3243	220	22	future	future	ADJ
fsr-3243	220	23	withdrawal	withdrawal	NOUN
fsr-3243	220	24	of	of	ADP
fsr-3243	220	25	x	x	PROPN
fsr-3243	220	26	dollars	dollar	NOUN
fsr-3243	220	27	or	or	CCONJ
fsr-3243	220	28	less	less	ADJ
fsr-3243	220	29	,	,	PUNCT
fsr-3243	220	30	after	after	ADP
fsr-3243	220	31	making	make	VERB
fsr-3243	220	32	a	a	DET
fsr-3243	220	33	withdrawal	withdrawal	NOUN
fsr-3243	220	34	of	of	ADP
fsr-3243	220	35	y	y	PROPN
fsr-3243	220	36	dollars	dollar	NOUN
fsr-3243	220	37	in	in	ADP
fsr-3243	220	38	the	the	DET
fsr-3243	220	39	current	current	ADJ
fsr-3243	220	40	period	period	NOUN
fsr-3243	220	41	.	.	PUNCT
fsr-3243	221	1	fig	fig	NOUN
fsr-3243	221	2	.	.	PUNCT
fsr-3243	222	1	8	8	NUM
fsr-3243	222	2	,	,	PUNCT
fsr-3243	222	3	which	which	PRON
fsr-3243	222	4	is	be	AUX
fsr-3243	222	5	also	also	ADV
fsr-3243	222	6	made	make	VERB
fsr-3243	222	7	with	with	ADP
fsr-3243	222	8	eq	eq	NOUN
fsr-3243	222	9	.	.	PUNCT
fsr-3243	223	1	(	(	PUNCT
fsr-3243	223	2	10	10	NUM
fsr-3243	223	3	)	)	PUNCT
fsr-3243	223	4	but	but	CCONJ
fsr-3243	223	5	using	use	VERB
fsr-3243	223	6	a	a	DET
fsr-3243	223	7	table	table	NOUN
fsr-3243	223	8	form	form	NOUN
fsr-3243	223	9	instead	instead	ADV
fsr-3243	223	10	of	of	ADP
fsr-3243	223	11	a	a	DET
fsr-3243	223	12	chart	chart	NOUN
fsr-3243	223	13	,	,	PUNCT
fsr-3243	223	14	shows	show	VERB
fsr-3243	223	15	these	these	DET
fsr-3243	223	16	results.10	results.10	NOUN
fsr-3243	223	17	these	these	PRON
fsr-3243	223	18	are	be	AUX
fsr-3243	223	19	examples	example	NOUN
fsr-3243	223	20	of	of	ADP
fsr-3243	223	21	a	a	DET
fsr-3243	223	22	more	more	ADV
fsr-3243	223	23	general	general	ADJ
fsr-3243	223	24	feature	feature	NOUN
fsr-3243	223	25	made	make	VERB
fsr-3243	223	26	available	available	ADJ
fsr-3243	223	27	by	by	ADP
fsr-3243	223	28	the	the	DET
fsr-3243	223	29	pwa	pwa	PROPN
fsr-3243	223	30	framework	framework	NOUN
fsr-3243	223	31	:	:	PUNCT
fsr-3243	223	32	the	the	DET
fsr-3243	223	33	possibility	possibility	NOUN
fsr-3243	223	34	of	of	ADP
fsr-3243	223	35	optimizing	optimize	VERB
fsr-3243	223	36	withdrawal	withdrawal	NOUN
fsr-3243	223	37	paths	path	NOUN
fsr-3243	223	38	meeting	meet	VERB
fsr-3243	223	39	a	a	DET
fsr-3243	223	40	specific	specific	ADJ
fsr-3243	223	41	profile	profile	NOUN
fsr-3243	223	42	request	request	NOUN
fsr-3243	223	43	,	,	PUNCT
fsr-3243	223	44	and	and	CCONJ
fsr-3243	223	45	not	not	PART
fsr-3243	223	46	just	just	ADV
fsr-3243	223	47	constant	constant	ADJ
fsr-3243	223	48	streams.11	streams.11	NOUN
fsr-3243	223	49	this	this	PRON
fsr-3243	223	50	can	can	AUX
fsr-3243	223	51	be	be	AUX
fsr-3243	223	52	achieved	achieve	VERB
fsr-3243	223	53	by	by	ADP
fsr-3243	223	54	introducing	introduce	VERB
fsr-3243	223	55	the	the	DET
fsr-3243	223	56	“	"	PUNCT
fsr-3243	223	57	shape	shape	NOUN
fsr-3243	223	58	”	"	PUNCT
fsr-3243	223	59	of	of	ADP
fsr-3243	223	60	the	the	DET
fsr-3243	223	61	request	request	NOUN
fsr-3243	223	62	into	into	ADP
fsr-3243	223	63	the	the	DET
fsr-3243	223	64	optimization	optimization	NOUN
fsr-3243	223	65	process	process	NOUN
fsr-3243	223	66	.	.	PUNCT
fsr-3243	224	1	consider	consider	VERB
fsr-3243	224	2	an	an	DET
fsr-3243	224	3	investor	investor	NOUN
fsr-3243	224	4	that	that	PRON
fsr-3243	224	5	is	be	AUX
fsr-3243	224	6	already	already	ADV
fsr-3243	224	7	in	in	ADP
fsr-3243	224	8	retirement	retirement	NOUN
fsr-3243	224	9	but	but	CCONJ
fsr-3243	224	10	has	have	AUX
fsr-3243	224	11	not	not	PART
fsr-3243	224	12	yet	yet	ADV
fsr-3243	224	13	reached	reach	VERB
fsr-3243	224	14	her	her	PRON
fsr-3243	224	15	social	social	ADJ
fsr-3243	224	16	security	security	NOUN
fsr-3243	224	17	full	full	ADJ
fsr-3243	224	18	retirement	retirement	NOUN
fsr-3243	224	19	age	age	NOUN
fsr-3243	224	20	.	.	PUNCT
fsr-3243	225	1	she	she	PRON
fsr-3243	225	2	might	might	AUX
fsr-3243	225	3	prefer	prefer	VERB
fsr-3243	225	4	to	to	PART
fsr-3243	225	5	avoid	avoid	VERB
fsr-3243	225	6	reductions	reduction	NOUN
fsr-3243	225	7	in	in	ADP
fsr-3243	225	8	her	her	PRON
fsr-3243	225	9	benefits	benefit	NOUN
fsr-3243	225	10	by	by	ADP
fsr-3243	225	11	delaying	delay	VERB
fsr-3243	225	12	the	the	DET
fsr-3243	225	13	time	time	NOUN
fsr-3243	225	14	of	of	ADP
fsr-3243	225	15	claiming	claim	VERB
fsr-3243	225	16	and	and	CCONJ
fsr-3243	225	17	use	use	VERB
fsr-3243	225	18	her	her	PRON
fsr-3243	225	19	investment	investment	NOUN
fsr-3243	225	20	account	account	NOUN
fsr-3243	225	21	as	as	ADP
fsr-3243	225	22	her	her	PRON
fsr-3243	225	23	sole	sole	ADJ
fsr-3243	225	24	source	source	NOUN
fsr-3243	225	25	of	of	ADP
fsr-3243	225	26	income	income	NOUN
fsr-3243	225	27	for	for	ADP
fsr-3243	225	28	a	a	DET
fsr-3243	225	29	number	number	NOUN
fsr-3243	225	30	of	of	ADP
fsr-3243	225	31	years	year	NOUN
fsr-3243	225	32	.	.	PUNCT
fsr-3243	226	1	this	this	PRON
fsr-3243	226	2	would	would	AUX
fsr-3243	226	3	then	then	ADV
fsr-3243	226	4	require	require	VERB
fsr-3243	226	5	a	a	DET
fsr-3243	226	6	two	two	NUM
fsr-3243	226	7	-	-	PUNCT
fsr-3243	226	8	stage	stage	NOUN
fsr-3243	226	9	withdrawal	withdrawal	NOUN
fsr-3243	226	10	plan	plan	NOUN
fsr-3243	226	11	,	,	PUNCT
fsr-3243	226	12	taking	take	VERB
fsr-3243	226	13	out	out	ADP
fsr-3243	226	14	relatively	relatively	ADV
fsr-3243	226	15	high	high	ADJ
fsr-3243	226	16	amounts	amount	NOUN
fsr-3243	226	17	at	at	ADP
fsr-3243	226	18	the	the	DET
fsr-3243	226	19	beginning	beginning	NOUN
fsr-3243	226	20	and	and	CCONJ
fsr-3243	226	21	then	then	ADV
fsr-3243	226	22	smaller	small	ADJ
fsr-3243	226	23	amounts	amount	NOUN
fsr-3243	226	24	after	after	SCONJ
fsr-3243	226	25	the	the	DET
fsr-3243	226	26	benefits	benefit	NOUN
fsr-3243	226	27	start	start	VERB
fsr-3243	226	28	to	to	PART
fsr-3243	226	29	come	come	VERB
fsr-3243	226	30	in	in	ADP
fsr-3243	226	31	.	.	PUNCT
fsr-3243	227	1	fig	fig	NOUN
fsr-3243	227	2	.	.	PUNCT
fsr-3243	228	1	8	8	NUM
fsr-3243	228	2	.	.	X
fsr-3243	228	3	probability	probability	NOUN
fsr-3243	228	4	that	that	SCONJ
fsr-3243	228	5	the	the	DET
fsr-3243	228	6	pwa	pwa	PROPN
fsr-3243	228	7	will	will	AUX
fsr-3243	228	8	drop	drop	VERB
fsr-3243	228	9	below	below	ADP
fsr-3243	228	10	a	a	DET
fsr-3243	228	11	certain	certain	ADJ
fsr-3243	228	12	amount	amount	NOUN
fsr-3243	228	13	after	after	SCONJ
fsr-3243	228	14	a	a	DET
fsr-3243	228	15	withdrawal	withdrawal	NOUN
fsr-3243	228	16	of	of	ADP
fsr-3243	228	17	a	a	DET
fsr-3243	228	18	given	give	VERB
fsr-3243	228	19	size	size	NOUN
fsr-3243	228	20	is	be	AUX
fsr-3243	228	21	made	make	VERB
fsr-3243	228	22	in	in	ADP
fsr-3243	228	23	year	year	NOUN
fsr-3243	228	24	1	1	NUM
fsr-3243	228	25	.	.	PUNCT
fsr-3243	228	26	assumptions	assumption	NOUN
fsr-3243	228	27	as	as	ADP
fsr-3243	228	28	in	in	ADP
fsr-3243	228	29	fig	fig	NOUN
fsr-3243	228	30	.	.	PUNCT
fsr-3243	229	1	7	7	NUM
fsr-3243	229	2	header	header	NOUN
fsr-3243	229	3	.	.	PUNCT
fsr-3243	230	1	for	for	ADP
fsr-3243	230	2	example	example	NOUN
fsr-3243	230	3	,	,	PUNCT
fsr-3243	230	4	the	the	DET
fsr-3243	230	5	highlighted	highlight	VERB
fsr-3243	230	6	cell	cell	NOUN
fsr-3243	230	7	shows	show	VERB
fsr-3243	230	8	that	that	SCONJ
fsr-3243	230	9	if	if	SCONJ
fsr-3243	230	10	a	a	DET
fsr-3243	230	11	withdrawal	withdrawal	NOUN
fsr-3243	230	12	amount	amount	NOUN
fsr-3243	230	13	of	of	ADP
fsr-3243	230	14	$	$	SYM
fsr-3243	230	15	40,000	40,000	NUM
fsr-3243	230	16	(	(	PUNCT
fsr-3243	230	17	4	4	NUM
fsr-3243	230	18	%	%	NOUN
fsr-3243	230	19	)	)	PUNCT
fsr-3243	230	20	is	be	AUX
fsr-3243	230	21	acceptable	acceptable	ADJ
fsr-3243	230	22	for	for	ADP
fsr-3243	230	23	the	the	DET
fsr-3243	230	24	retiree	retiree	NOUN
fsr-3243	230	25	,	,	PUNCT
fsr-3243	230	26	then	then	ADV
fsr-3243	230	27	she	she	PRON
fsr-3243	230	28	can	can	AUX
fsr-3243	230	29	take	take	VERB
fsr-3243	230	30	out	out	ADP
fsr-3243	230	31	$	$	SYM
fsr-3243	230	32	110,000	110,000	NUM
fsr-3243	230	33	in	in	ADP
fsr-3243	230	34	year	year	NOUN
fsr-3243	230	35	1	1	NUM
fsr-3243	230	36	and	and	CCONJ
fsr-3243	230	37	still	still	ADV
fsr-3243	230	38	be	be	AUX
fsr-3243	230	39	“	"	PUNCT
fsr-3243	230	40	90	90	NUM
fsr-3243	230	41	%	%	NOUN
fsr-3243	230	42	safe	safe	ADJ
fsr-3243	230	43	”	"	PUNCT
fsr-3243	230	44	with	with	ADP
fsr-3243	230	45	respect	respect	NOUN
fsr-3243	230	46	to	to	ADP
fsr-3243	230	47	staying	stay	VERB
fsr-3243	230	48	clear	clear	ADJ
fsr-3243	230	49	of	of	ADP
fsr-3243	230	50	this	this	DET
fsr-3243	230	51	self	self	NOUN
fsr-3243	230	52	-	-	PUNCT
fsr-3243	230	53	defined	define	VERB
fsr-3243	230	54	“	"	PUNCT
fsr-3243	230	55	red	red	ADJ
fsr-3243	230	56	zone	zone	NOUN
fsr-3243	230	57	.	.	PUNCT
fsr-3243	230	58	”	"	PUNCT
fsr-3243	231	1	344	344	NUM
fsr-3243	231	2	e.d	e.d	PROPN
fsr-3243	231	3	.	.	PROPN
fsr-3243	231	4	suarez	suarez	PROPN
fsr-3243	231	5	et	et	PROPN
fsr-3243	231	6	al	al	PROPN
fsr-3243	231	7	.	.	PUNCT
fsr-3243	231	8	/	/	SYM
fsr-3243	231	9	financial	financial	ADJ
fsr-3243	231	10	services	service	NOUN
fsr-3243	231	11	review	review	VERB
fsr-3243	231	12	24	24	NUM
fsr-3243	231	13	(	(	PUNCT
fsr-3243	231	14	2015	2015	NUM
fsr-3243	231	15	)	)	PUNCT
fsr-3243	231	16	331–357	331–357	NUM
fsr-3243	231	17	a	a	DET
fsr-3243	231	18	plan	plan	NOUN
fsr-3243	231	19	like	like	ADP
fsr-3243	231	20	this	this	PRON
fsr-3243	231	21	can	can	AUX
fsr-3243	231	22	be	be	AUX
fsr-3243	231	23	optimized	optimize	VERB
fsr-3243	231	24	by	by	ADP
fsr-3243	231	25	rederiving	rederive	VERB
fsr-3243	231	26	eq	eq	NOUN
fsr-3243	231	27	.	.	PUNCT
fsr-3243	232	1	(	(	PUNCT
fsr-3243	232	2	3	3	NUM
fsr-3243	232	3	)	)	PUNCT
fsr-3243	232	4	,	,	PUNCT
fsr-3243	232	5	with	with	ADP
fsr-3243	232	6	the	the	DET
fsr-3243	232	7	withdrawals	withdrawal	NOUN
fsr-3243	232	8	after	after	SCONJ
fsr-3243	232	9	the	the	DET
fsr-3243	232	10	switch	switch	NOUN
fsr-3243	232	11	year	year	NOUN
fsr-3243	232	12	t	t	PROPN
fsr-3243	232	13	equal	equal	ADJ
fsr-3243	232	14	to	to	ADP
fsr-3243	232	15	the	the	DET
fsr-3243	232	16	first	first	ADJ
fsr-3243	232	17	years	year	NOUN
fsr-3243	232	18	’	'	PUNCT
fsr-3243	232	19	withdrawals	withdrawal	VERB
fsr-3243	232	20	minus	minus	ADP
fsr-3243	232	21	the	the	DET
fsr-3243	232	22	benefits	benefit	NOUN
fsr-3243	232	23	b	b	NOUN
fsr-3243	232	24	,	,	PUNCT
fsr-3243	232	25	so	so	SCONJ
fsr-3243	233	1	that	that	SCONJ
fsr-3243	233	2	w1	w1	PROPN
fsr-3243	233	3	�	�	PROPN
fsr-3243	233	4	w2	w2	PROPN
fsr-3243	233	5	�	�	PROPN
fsr-3243	233	6	…	…	PUNCT
fsr-3243	233	7	�	�	PROPN
fsr-3243	233	8	wt	wt	NOUN
fsr-3243	233	9	�	�	PROPN
fsr-3243	233	10	1	1	NUM
fsr-3243	233	11	�	�	PROPN
fsr-3243	233	12	wt	wt	PROPN
fsr-3243	233	13	�	�	PROPN
fsr-3243	233	14	b	b	PROPN
fsr-3243	233	15	�	�	PROPN
fsr-3243	233	16	wt	wt	PROPN
fsr-3243	233	17	�	�	PROPN
fsr-3243	233	18	1	1	NUM
fsr-3243	233	19	�	�	PROPN
fsr-3243	233	20	b	b	PROPN
fsr-3243	233	21	�	�	PROPN
fsr-3243	233	22	…	…	SYM
fsr-3243	233	23	�	�	PROPN
fsr-3243	233	24	wn	wn	PROPN
fsr-3243	233	25	�	�	PROPN
fsr-3243	233	26	b.	b.	PROPN
fsr-3243	233	27	this	this	DET
fsr-3243	233	28	scheme	scheme	NOUN
fsr-3243	233	29	produces	produce	VERB
fsr-3243	233	30	withdrawal	withdrawal	NOUN
fsr-3243	233	31	recommendations	recommendation	NOUN
fsr-3243	233	32	aimed	aim	VERB
fsr-3243	233	33	at	at	ADP
fsr-3243	233	34	providing	provide	VERB
fsr-3243	233	35	constant	constant	ADJ
fsr-3243	233	36	total	total	ADJ
fsr-3243	233	37	income	income	NOUN
fsr-3243	233	38	throughout	throughout	ADV
fsr-3243	233	39	;	;	PUNCT
fsr-3243	233	40	the	the	DET
fsr-3243	233	41	path	path	NOUN
fsr-3243	233	42	of	of	ADP
fsr-3243	233	43	withdrawals	withdrawal	NOUN
fsr-3243	233	44	from	from	ADP
fsr-3243	233	45	the	the	DET
fsr-3243	233	46	investment	investment	NOUN
fsr-3243	233	47	account	account	NOUN
fsr-3243	233	48	would	would	AUX
fsr-3243	233	49	have	have	VERB
fsr-3243	233	50	to	to	PART
fsr-3243	233	51	be	be	AUX
fsr-3243	233	52	“	"	PUNCT
fsr-3243	233	53	kinked	kinked	ADJ
fsr-3243	233	54	,	,	PUNCT
fsr-3243	233	55	”	"	PUNCT
fsr-3243	233	56	but	but	CCONJ
fsr-3243	233	57	this	this	PRON
fsr-3243	233	58	can	can	AUX
fsr-3243	233	59	be	be	AUX
fsr-3243	233	60	handled	handle	VERB
fsr-3243	233	61	by	by	ADP
fsr-3243	233	62	the	the	DET
fsr-3243	233	63	framework	framework	NOUN
fsr-3243	233	64	without	without	ADP
fsr-3243	233	65	much	much	ADJ
fsr-3243	233	66	difficulty	difficulty	NOUN
fsr-3243	233	67	.	.	PUNCT
fsr-3243	234	1	we	we	PRON
fsr-3243	234	2	close	close	VERB
fsr-3243	234	3	this	this	DET
fsr-3243	234	4	section	section	NOUN
fsr-3243	234	5	by	by	ADP
fsr-3243	234	6	discussing	discuss	VERB
fsr-3243	234	7	another	another	DET
fsr-3243	234	8	feature	feature	NOUN
fsr-3243	234	9	related	relate	VERB
fsr-3243	234	10	to	to	ADP
fsr-3243	234	11	confidence	confidence	NOUN
fsr-3243	234	12	levels	level	NOUN
fsr-3243	234	13	which	which	PRON
fsr-3243	234	14	enhances	enhance	VERB
fsr-3243	234	15	the	the	DET
fsr-3243	234	16	model	model	NOUN
fsr-3243	234	17	’s	’s	PART
fsr-3243	234	18	flexibility	flexibility	NOUN
fsr-3243	234	19	even	even	ADV
fsr-3243	234	20	more	more	ADJ
fsr-3243	234	21	.	.	PUNCT
fsr-3243	235	1	when	when	SCONJ
fsr-3243	235	2	the	the	DET
fsr-3243	235	3	retirement	retirement	NOUN
fsr-3243	235	4	plan	plan	NOUN
fsr-3243	235	5	includes	include	VERB
fsr-3243	235	6	a	a	DET
fsr-3243	235	7	bequest	bequest	NOUN
fsr-3243	235	8	,	,	PUNCT
fsr-3243	235	9	the	the	DET
fsr-3243	235	10	model	model	NOUN
fsr-3243	235	11	provides	provide	VERB
fsr-3243	235	12	the	the	DET
fsr-3243	235	13	investor	investor	NOUN
fsr-3243	235	14	with	with	ADP
fsr-3243	235	15	an	an	DET
fsr-3243	235	16	additional	additional	ADJ
fsr-3243	235	17	adjustment	adjustment	NOUN
fsr-3243	235	18	lever	lever	NOUN
fsr-3243	235	19	:	:	PUNCT
fsr-3243	235	20	the	the	DET
fsr-3243	235	21	value	value	NOUN
fsr-3243	235	22	of	of	ADP
fsr-3243	235	23	that	that	DET
fsr-3243	235	24	bequest	bequest	NOUN
fsr-3243	235	25	.	.	PUNCT
fsr-3243	236	1	by	by	ADP
fsr-3243	236	2	eq	eq	PROPN
fsr-3243	236	3	.	.	PUNCT
fsr-3243	237	1	(	(	PUNCT
fsr-3243	237	2	6	6	NUM
fsr-3243	237	3	)	)	PUNCT
fsr-3243	237	4	,	,	PUNCT
fsr-3243	237	5	the	the	DET
fsr-3243	237	6	safety	safety	NOUN
fsr-3243	237	7	level	level	NOUN
fsr-3243	237	8	of	of	ADP
fsr-3243	237	9	a	a	DET
fsr-3243	237	10	given	give	VERB
fsr-3243	237	11	withdrawal	withdrawal	NOUN
fsr-3243	237	12	amount	amount	NOUN
fsr-3243	237	13	depends	depend	VERB
fsr-3243	237	14	in	in	ADP
fsr-3243	237	15	part	part	NOUN
fsr-3243	237	16	on	on	ADP
fsr-3243	237	17	the	the	DET
fsr-3243	237	18	relation	relation	NOUN
fsr-3243	237	19	between	between	ADP
fsr-3243	237	20	the	the	DET
fsr-3243	237	21	current	current	ADJ
fsr-3243	237	22	balance	balance	NOUN
fsr-3243	237	23	and	and	CCONJ
fsr-3243	237	24	the	the	DET
fsr-3243	237	25	desired	desire	VERB
fsr-3243	237	26	ending	end	VERB
fsr-3243	237	27	balance	balance	NOUN
fsr-3243	237	28	.	.	PUNCT
fsr-3243	238	1	this	this	PRON
fsr-3243	238	2	means	mean	VERB
fsr-3243	238	3	that	that	SCONJ
fsr-3243	238	4	by	by	ADP
fsr-3243	238	5	modifying	modify	VERB
fsr-3243	238	6	the	the	DET
fsr-3243	238	7	bequest	bequ	ADJ
fsr-3243	238	8	goal	goal	NOUN
fsr-3243	238	9	we	we	PRON
fsr-3243	238	10	can	can	AUX
fsr-3243	238	11	attain	attain	VERB
fsr-3243	238	12	different	different	ADJ
fsr-3243	238	13	confidence	confidence	NOUN
fsr-3243	238	14	levels	level	NOUN
fsr-3243	238	15	without	without	ADP
fsr-3243	238	16	changing	change	VERB
fsr-3243	238	17	the	the	DET
fsr-3243	238	18	withdrawal	withdrawal	NOUN
fsr-3243	238	19	amount	amount	NOUN
fsr-3243	238	20	.	.	PUNCT
fsr-3243	239	1	for	for	ADP
fsr-3243	239	2	example	example	NOUN
fsr-3243	239	3	,	,	PUNCT
fsr-3243	239	4	with	with	ADP
fsr-3243	239	5	$	$	SYM
fsr-3243	239	6	1	1	NUM
fsr-3243	239	7	million	million	NUM
fsr-3243	239	8	starting	start	VERB
fsr-3243	239	9	balance	balance	NOUN
fsr-3243	239	10	and	and	CCONJ
fsr-3243	239	11	a	a	DET
fsr-3243	239	12	30	30	NUM
fsr-3243	239	13	-	-	PUNCT
fsr-3243	239	14	year	year	NOUN
fsr-3243	239	15	planning	planning	NOUN
fsr-3243	239	16	horizon	horizon	NOUN
fsr-3243	239	17	,	,	PUNCT
fsr-3243	239	18	if	if	SCONJ
fsr-3243	239	19	the	the	DET
fsr-3243	239	20	retiree	retiree	NOUN
fsr-3243	239	21	intends	intend	VERB
fsr-3243	239	22	to	to	PART
fsr-3243	239	23	bequeath	bequeath	VERB
fsr-3243	239	24	$	$	SYM
fsr-3243	239	25	500,000	500,000	NUM
fsr-3243	239	26	the	the	DET
fsr-3243	239	27	90	90	NUM
fsr-3243	239	28	%	%	NOUN
fsr-3243	239	29	confidence	confidence	NOUN
fsr-3243	239	30	level	level	NOUN
fsr-3243	239	31	is	be	AUX
fsr-3243	239	32	at	at	ADP
fsr-3243	239	33	$	$	SYM
fsr-3243	239	34	34,600	34,600	NUM
fsr-3243	239	35	.	.	PUNCT
fsr-3243	240	1	but	but	CCONJ
fsr-3243	240	2	if	if	SCONJ
fsr-3243	240	3	she	she	PRON
fsr-3243	240	4	decided	decide	VERB
fsr-3243	240	5	to	to	PART
fsr-3243	240	6	lower	lower	VERB
fsr-3243	240	7	that	that	DET
fsr-3243	240	8	goal	goal	NOUN
fsr-3243	240	9	to	to	ADP
fsr-3243	240	10	$	$	SYM
fsr-3243	240	11	400,000	400,000	NUM
fsr-3243	240	12	the	the	DET
fsr-3243	240	13	90%-safe	90%-safe	PROPN
fsr-3243	240	14	withdrawal	withdrawal	NOUN
fsr-3243	240	15	amount	amount	NOUN
fsr-3243	240	16	would	would	AUX
fsr-3243	240	17	now	now	ADV
fsr-3243	240	18	be	be	AUX
fsr-3243	240	19	$	$	SYM
fsr-3243	240	20	36,157	36,157	NUM
fsr-3243	240	21	—	—	PUNCT
fsr-3243	240	22	a	a	DET
fsr-3243	240	23	4.5	4.5	NUM
fsr-3243	240	24	%	%	NOUN
fsr-3243	240	25	increase	increase	NOUN
fsr-3243	240	26	.	.	PUNCT
fsr-3243	241	1	settling	settle	VERB
fsr-3243	241	2	for	for	ADP
fsr-3243	241	3	an	an	DET
fsr-3243	241	4	inheritance	inheritance	NOUN
fsr-3243	241	5	of	of	ADP
fsr-3243	241	6	just	just	ADV
fsr-3243	241	7	$	$	SYM
fsr-3243	241	8	200,000	200,000	NUM
fsr-3243	241	9	increases	increase	NOUN
fsr-3243	241	10	this	this	DET
fsr-3243	241	11	amount	amount	NOUN
fsr-3243	241	12	an	an	DET
fsr-3243	241	13	additional	additional	ADJ
fsr-3243	241	14	10.4	10.4	NUM
fsr-3243	241	15	%	%	NOUN
fsr-3243	241	16	,	,	PUNCT
fsr-3243	241	17	to	to	ADP
fsr-3243	241	18	$	$	SYM
fsr-3243	241	19	39,921	39,921	NUM
fsr-3243	241	20	.	.	PUNCT
fsr-3243	242	1	doing	do	VERB
fsr-3243	242	2	away	away	ADV
fsr-3243	242	3	with	with	ADP
fsr-3243	242	4	the	the	DET
fsr-3243	242	5	bequest	bequ	ADJ
fsr-3243	242	6	goal	goal	NOUN
fsr-3243	242	7	altogether	altogether	ADV
fsr-3243	242	8	takes	take	VERB
fsr-3243	242	9	us	we	PRON
fsr-3243	242	10	to	to	ADP
fsr-3243	242	11	fig	fig	VERB
fsr-3243	242	12	.	.	PUNCT
fsr-3243	243	1	4	4	NUM
fsr-3243	243	2	,	,	PUNCT
fsr-3243	243	3	where	where	SCONJ
fsr-3243	243	4	we	we	PRON
fsr-3243	243	5	see	see	VERB
fsr-3243	243	6	that	that	SCONJ
fsr-3243	243	7	the	the	DET
fsr-3243	243	8	90%-safe	90%-safe	PROPN
fsr-3243	243	9	withdrawal	withdrawal	NOUN
fsr-3243	243	10	amount	amount	NOUN
fsr-3243	243	11	is	be	AUX
fsr-3243	243	12	then	then	ADV
fsr-3243	243	13	$	$	SYM
fsr-3243	243	14	43,316	43,316	NUM
fsr-3243	243	15	.	.	PUNCT
fsr-3243	244	1	fig	fig	NOUN
fsr-3243	244	2	.	.	PUNCT
fsr-3243	245	1	9	9	NUM
fsr-3243	245	2	shows	show	VERB
fsr-3243	245	3	these	these	DET
fsr-3243	245	4	bequest	bequest	NOUN
fsr-3243	245	5	-	-	PUNCT
fsr-3243	245	6	adjustment	adjustment	NOUN
fsr-3243	245	7	profiles	profile	NOUN
fsr-3243	245	8	for	for	ADP
fsr-3243	245	9	several	several	ADJ
fsr-3243	245	10	confidence	confidence	NOUN
fsr-3243	245	11	levels	level	NOUN
fsr-3243	245	12	.	.	PUNCT
fsr-3243	246	1	of	of	ADP
fsr-3243	246	2	course	course	ADV
fsr-3243	246	3	,	,	PUNCT
fsr-3243	246	4	modifying	modify	VERB
fsr-3243	246	5	the	the	DET
fsr-3243	246	6	bequest	bequest	NOUN
fsr-3243	246	7	goal	goal	NOUN
fsr-3243	246	8	is	be	AUX
fsr-3243	246	9	also	also	ADV
fsr-3243	246	10	an	an	DET
fsr-3243	246	11	option	option	NOUN
fsr-3243	246	12	for	for	ADP
fsr-3243	246	13	midcourse	midcourse	NOUN
fsr-3243	246	14	corrections	correction	NOUN
fsr-3243	246	15	,	,	PUNCT
fsr-3243	246	16	and	and	CCONJ
fsr-3243	246	17	it	it	PRON
fsr-3243	246	18	can	can	AUX
fsr-3243	246	19	be	be	AUX
fsr-3243	246	20	combined	combine	VERB
fsr-3243	246	21	with	with	ADP
fsr-3243	246	22	other	other	ADJ
fsr-3243	246	23	adjustment	adjustment	NOUN
fsr-3243	246	24	levers	lever	NOUN
fsr-3243	246	25	.	.	PUNCT
fsr-3243	247	1	for	for	ADP
fsr-3243	247	2	example	example	NOUN
fsr-3243	247	3	,	,	PUNCT
fsr-3243	247	4	if	if	SCONJ
fsr-3243	247	5	the	the	DET
fsr-3243	247	6	account	account	NOUN
fsr-3243	247	7	gets	get	VERB
fsr-3243	247	8	high	high	ADJ
fsr-3243	247	9	rates	rate	NOUN
fsr-3243	247	10	of	of	ADP
fsr-3243	247	11	return	return	NOUN
fsr-3243	247	12	for	for	ADP
fsr-3243	247	13	a	a	DET
fsr-3243	247	14	number	number	NOUN
fsr-3243	247	15	of	of	ADP
fsr-3243	247	16	years	year	NOUN
fsr-3243	247	17	,	,	PUNCT
fsr-3243	247	18	the	the	DET
fsr-3243	247	19	retiree	retiree	NOUN
fsr-3243	247	20	may	may	AUX
fsr-3243	247	21	decide	decide	VERB
fsr-3243	247	22	to	to	PART
fsr-3243	247	23	split	split	VERB
fsr-3243	247	24	the	the	DET
fsr-3243	247	25	benefits	benefit	NOUN
fsr-3243	247	26	of	of	ADP
fsr-3243	247	27	the	the	DET
fsr-3243	247	28	good	good	ADJ
fsr-3243	247	29	run	run	NOUN
fsr-3243	247	30	by	by	ADP
fsr-3243	247	31	increasing	increase	VERB
fsr-3243	247	32	the	the	DET
fsr-3243	247	33	withdrawal	withdrawal	NOUN
fsr-3243	247	34	amount	amount	NOUN
fsr-3243	247	35	,	,	PUNCT
fsr-3243	247	36	the	the	DET
fsr-3243	247	37	confidence	confidence	NOUN
fsr-3243	247	38	level	level	NOUN
fsr-3243	247	39	,	,	PUNCT
fsr-3243	247	40	and	and	CCONJ
fsr-3243	247	41	the	the	DET
fsr-3243	247	42	bequest	bequ	ADJ
fsr-3243	247	43	goal	goal	NOUN
fsr-3243	247	44	.	.	PUNCT
fsr-3243	248	1	the	the	DET
fsr-3243	248	2	pwa	pwa	PROPN
fsr-3243	248	3	framework	framework	NOUN
fsr-3243	248	4	will	will	AUX
fsr-3243	248	5	provide	provide	VERB
fsr-3243	248	6	the	the	DET
fsr-3243	248	7	relevant	relevant	ADJ
fsr-3243	248	8	terms	term	NOUN
fsr-3243	248	9	-	-	PUNCT
fsr-3243	248	10	of	of	ADP
fsr-3243	248	11	-	-	PUNCT
fsr-3243	248	12	trade	trade	NOUN
fsr-3243	248	13	.	.	PUNCT
fsr-3243	249	1	fig	fig	NOUN
fsr-3243	249	2	.	.	PUNCT
fsr-3243	250	1	9	9	X
fsr-3243	250	2	.	.	X
fsr-3243	250	3	withdrawal	withdrawal	NOUN
fsr-3243	250	4	amounts	amount	NOUN
fsr-3243	250	5	corresponding	correspond	VERB
fsr-3243	250	6	to	to	ADP
fsr-3243	250	7	different	different	ADJ
fsr-3243	250	8	confidence	confidence	NOUN
fsr-3243	250	9	levels	level	NOUN
fsr-3243	250	10	for	for	ADP
fsr-3243	250	11	an	an	DET
fsr-3243	250	12	all	all	DET
fsr-3243	250	13	-	-	PUNCT
fsr-3243	250	14	equity	equity	NOUN
fsr-3243	250	15	portfolio	portfolio	NOUN
fsr-3243	250	16	with	with	ADP
fsr-3243	250	17	$	$	SYM
fsr-3243	250	18	1	1	NUM
fsr-3243	250	19	m	m	NOUN
fsr-3243	250	20	starting	start	VERB
fsr-3243	250	21	balance	balance	NOUN
fsr-3243	250	22	and	and	CCONJ
fsr-3243	250	23	30	30	NUM
fsr-3243	250	24	-	-	PUNCT
fsr-3243	250	25	year	year	NOUN
fsr-3243	250	26	horizon	horizon	NOUN
fsr-3243	250	27	.	.	PUNCT
fsr-3243	251	1	the	the	DET
fsr-3243	251	2	amounts	amount	NOUN
fsr-3243	251	3	depend	depend	VERB
fsr-3243	251	4	on	on	ADP
fsr-3243	251	5	the	the	DET
fsr-3243	251	6	investor	investor	NOUN
fsr-3243	251	7	’s	’s	PART
fsr-3243	251	8	intended	intend	VERB
fsr-3243	251	9	bequest	bequest	NOUN
fsr-3243	251	10	.	.	PUNCT
fsr-3243	252	1	the	the	DET
fsr-3243	252	2	highlighted	highlight	VERB
fsr-3243	252	3	cells	cell	NOUN
fsr-3243	252	4	show	show	VERB
fsr-3243	252	5	that	that	SCONJ
fsr-3243	252	6	an	an	DET
fsr-3243	252	7	investor	investor	NOUN
fsr-3243	252	8	who	who	PRON
fsr-3243	252	9	wants	want	VERB
fsr-3243	252	10	an	an	DET
fsr-3243	252	11	annual	annual	ADJ
fsr-3243	252	12	income	income	NOUN
fsr-3243	252	13	close	close	ADJ
fsr-3243	252	14	to	to	ADP
fsr-3243	252	15	$	$	SYM
fsr-3243	252	16	52k	52k	NOUN
fsr-3243	252	17	and	and	CCONJ
fsr-3243	252	18	wishes	wish	VERB
fsr-3243	252	19	to	to	PART
fsr-3243	252	20	bequest	bequest	VERB
fsr-3243	252	21	$	$	SYM
fsr-3243	252	22	500k	500k	NUM
fsr-3243	252	23	will	will	AUX
fsr-3243	252	24	have	have	VERB
fsr-3243	252	25	to	to	PART
fsr-3243	252	26	accept	accept	VERB
fsr-3243	252	27	70	70	NUM
fsr-3243	252	28	%	%	NOUN
fsr-3243	252	29	safety	safety	NOUN
fsr-3243	252	30	.	.	PUNCT
fsr-3243	253	1	however	however	ADV
fsr-3243	253	2	,	,	PUNCT
fsr-3243	253	3	if	if	SCONJ
fsr-3243	253	4	she	she	PRON
fsr-3243	253	5	does	do	VERB
fsr-3243	253	6	away	away	ADV
fsr-3243	253	7	with	with	ADP
fsr-3243	253	8	her	her	PRON
fsr-3243	253	9	bequest	bequ	ADJ
fsr-3243	253	10	intentions	intention	VERB
fsr-3243	253	11	her	her	PRON
fsr-3243	253	12	safety	safety	NOUN
fsr-3243	253	13	level	level	NOUN
fsr-3243	253	14	rises	rise	VERB
fsr-3243	253	15	to	to	ADP
fsr-3243	253	16	80	80	NUM
fsr-3243	253	17	%	%	NOUN
fsr-3243	253	18	.	.	PUNCT
fsr-3243	254	1	345e.d	345e.d	X
fsr-3243	254	2	.	.	PUNCT
fsr-3243	255	1	suarez	suarez	PROPN
fsr-3243	255	2	et	et	PROPN
fsr-3243	255	3	al	al	PROPN
fsr-3243	255	4	.	.	PUNCT
fsr-3243	255	5	/	/	SYM
fsr-3243	255	6	financial	financial	ADJ
fsr-3243	255	7	services	service	NOUN
fsr-3243	255	8	review	review	VERB
fsr-3243	255	9	24	24	NUM
fsr-3243	255	10	(	(	PUNCT
fsr-3243	255	11	2015	2015	NUM
fsr-3243	255	12	)	)	PUNCT
fsr-3243	255	13	331–357	331–357	NUM
fsr-3243	255	14	7	7	NUM
fsr-3243	255	15	.	.	PUNCT
fsr-3243	255	16	development	development	NOUN
fsr-3243	255	17	and	and	CCONJ
fsr-3243	255	18	testing	testing	NOUN
fsr-3243	255	19	of	of	ADP
fsr-3243	255	20	a	a	DET
fsr-3243	255	21	withdrawal	withdrawal	NOUN
fsr-3243	255	22	rule	rule	NOUN
fsr-3243	255	23	inside	inside	ADP
fsr-3243	255	24	the	the	DET
fsr-3243	255	25	pwa	pwa	PROPN
fsr-3243	255	26	framework	framework	NOUN
fsr-3243	255	27	once	once	ADV
fsr-3243	255	28	more	more	ADV
fsr-3243	255	29	,	,	PUNCT
fsr-3243	255	30	the	the	DET
fsr-3243	255	31	purpose	purpose	NOUN
fsr-3243	255	32	of	of	ADP
fsr-3243	255	33	this	this	DET
fsr-3243	255	34	article	article	NOUN
fsr-3243	255	35	is	be	AUX
fsr-3243	255	36	not	not	PART
fsr-3243	255	37	to	to	PART
fsr-3243	255	38	derive	derive	VERB
fsr-3243	255	39	a	a	DET
fsr-3243	255	40	particular	particular	ADJ
fsr-3243	255	41	withdrawal	withdrawal	NOUN
fsr-3243	255	42	strategy	strategy	NOUN
fsr-3243	255	43	but	but	CCONJ
fsr-3243	255	44	to	to	PART
fsr-3243	255	45	present	present	VERB
fsr-3243	255	46	new	new	ADJ
fsr-3243	255	47	tools	tool	NOUN
fsr-3243	255	48	for	for	ADP
fsr-3243	255	49	constructing	construct	VERB
fsr-3243	255	50	and	and	CCONJ
fsr-3243	255	51	assessing	assess	VERB
fsr-3243	255	52	strategies	strategy	NOUN
fsr-3243	255	53	in	in	ADP
fsr-3243	255	54	general	general	ADJ
fsr-3243	255	55	.	.	PUNCT
fsr-3243	256	1	still	still	ADV
fsr-3243	256	2	,	,	PUNCT
fsr-3243	256	3	by	by	ADP
fsr-3243	256	4	way	way	NOUN
fsr-3243	256	5	of	of	ADP
fsr-3243	256	6	illustration	illustration	NOUN
fsr-3243	256	7	we	we	PRON
fsr-3243	256	8	now	now	ADV
fsr-3243	256	9	present	present	ADJ
fsr-3243	256	10	strategies	strategy	NOUN
fsr-3243	256	11	built	build	VERB
fsr-3243	256	12	with	with	ADP
fsr-3243	256	13	this	this	DET
fsr-3243	256	14	toolkit	toolkit	NOUN
fsr-3243	256	15	.	.	PUNCT
fsr-3243	256	16	suppose	suppose	VERB
fsr-3243	256	17	that	that	SCONJ
fsr-3243	256	18	a	a	DET
fsr-3243	256	19	major	major	ADJ
fsr-3243	256	20	concern	concern	NOUN
fsr-3243	256	21	for	for	ADP
fsr-3243	256	22	a	a	DET
fsr-3243	256	23	strategy	strategy	NOUN
fsr-3243	256	24	under	under	ADP
fsr-3243	256	25	consideration	consideration	NOUN
fsr-3243	256	26	is	be	AUX
fsr-3243	256	27	whether	whether	SCONJ
fsr-3243	256	28	the	the	DET
fsr-3243	256	29	withdrawal	withdrawal	NOUN
fsr-3243	256	30	paths	path	NOUN
fsr-3243	256	31	obtained	obtain	VERB
fsr-3243	256	32	from	from	ADP
fsr-3243	256	33	it	it	PRON
fsr-3243	256	34	will	will	AUX
fsr-3243	256	35	be	be	AUX
fsr-3243	256	36	too	too	ADV
fsr-3243	256	37	“	"	PUNCT
fsr-3243	256	38	jumpy”—that	jumpy”—that	PRON
fsr-3243	256	39	is	be	AUX
fsr-3243	256	40	,	,	PUNCT
fsr-3243	256	41	we	we	PRON
fsr-3243	256	42	are	be	AUX
fsr-3243	256	43	worried	worried	ADJ
fsr-3243	256	44	that	that	SCONJ
fsr-3243	256	45	the	the	DET
fsr-3243	256	46	recommended	recommend	VERB
fsr-3243	256	47	withdrawal	withdrawal	NOUN
fsr-3243	256	48	amount	amount	NOUN
fsr-3243	256	49	might	might	AUX
fsr-3243	256	50	turn	turn	VERB
fsr-3243	256	51	out	out	ADP
fsr-3243	256	52	to	to	PART
fsr-3243	256	53	be	be	AUX
fsr-3243	256	54	very	very	ADV
fsr-3243	256	55	different	different	ADJ
fsr-3243	256	56	between	between	ADP
fsr-3243	256	57	one	one	NUM
fsr-3243	256	58	year	year	NOUN
fsr-3243	256	59	and	and	CCONJ
fsr-3243	256	60	the	the	DET
fsr-3243	256	61	next	next	ADJ
fsr-3243	256	62	.	.	PUNCT
fsr-3243	257	1	this	this	PRON
fsr-3243	257	2	may	may	AUX
fsr-3243	257	3	arise	arise	VERB
fsr-3243	257	4	if	if	SCONJ
fsr-3243	257	5	,	,	PUNCT
fsr-3243	257	6	for	for	ADP
fsr-3243	257	7	example	example	NOUN
fsr-3243	257	8	,	,	PUNCT
fsr-3243	257	9	the	the	DET
fsr-3243	257	10	strategy	strategy	NOUN
fsr-3243	257	11	demands	demand	VERB
fsr-3243	257	12	us	we	PRON
fsr-3243	257	13	to	to	PART
fsr-3243	257	14	stay	stay	VERB
fsr-3243	257	15	inside	inside	ADP
fsr-3243	257	16	a	a	DET
fsr-3243	257	17	confidence	confidence	NOUN
fsr-3243	257	18	range	range	NOUN
fsr-3243	257	19	that	that	PRON
fsr-3243	257	20	is	be	AUX
fsr-3243	257	21	very	very	ADV
fsr-3243	257	22	narrow	narrow	ADJ
fsr-3243	257	23	,	,	PUNCT
fsr-3243	257	24	so	so	SCONJ
fsr-3243	257	25	that	that	SCONJ
fsr-3243	257	26	the	the	DET
fsr-3243	257	27	withdrawal	withdrawal	NOUN
fsr-3243	257	28	amount	amount	NOUN
fsr-3243	257	29	has	have	VERB
fsr-3243	257	30	to	to	PART
fsr-3243	257	31	keep	keep	VERB
fsr-3243	257	32	moving	move	VERB
fsr-3243	257	33	up	up	ADV
fsr-3243	257	34	and	and	CCONJ
fsr-3243	257	35	down	down	ADV
fsr-3243	257	36	to	to	PART
fsr-3243	257	37	fall	fall	VERB
fsr-3243	257	38	back	back	ADV
fsr-3243	257	39	into	into	ADP
fsr-3243	257	40	the	the	DET
fsr-3243	257	41	mandated	mandate	VERB
fsr-3243	257	42	confidence	confidence	NOUN
fsr-3243	257	43	range	range	NOUN
fsr-3243	257	44	.	.	PUNCT
fsr-3243	258	1	we	we	PRON
fsr-3243	258	2	may	may	AUX
fsr-3243	258	3	address	address	VERB
fsr-3243	258	4	this	this	DET
fsr-3243	258	5	concern	concern	NOUN
fsr-3243	258	6	by	by	ADP
fsr-3243	258	7	proposing	propose	VERB
fsr-3243	258	8	a	a	DET
fsr-3243	258	9	two	two	NUM
fsr-3243	258	10	-	-	PUNCT
fsr-3243	258	11	tiered	tiere	VERB
fsr-3243	258	12	strategy	strategy	NOUN
fsr-3243	258	13	that	that	PRON
fsr-3243	258	14	starts	start	VERB
fsr-3243	258	15	by	by	ADP
fsr-3243	258	16	selecting	select	VERB
fsr-3243	258	17	a	a	DET
fsr-3243	258	18	certain	certain	ADJ
fsr-3243	258	19	amount	amount	NOUN
fsr-3243	258	20	of	of	ADP
fsr-3243	258	21	failure	failure	NOUN
fsr-3243	258	22	risk	risk	NOUN
fsr-3243	258	23	,	,	PUNCT
fsr-3243	258	24	but	but	CCONJ
fsr-3243	258	25	then	then	ADV
fsr-3243	258	26	“	"	PUNCT
fsr-3243	258	27	tolerates	tolerate	VERB
fsr-3243	258	28	”	"	PUNCT
fsr-3243	258	29	some	some	DET
fsr-3243	258	30	degree	degree	NOUN
fsr-3243	258	31	of	of	ADP
fsr-3243	258	32	variation	variation	NOUN
fsr-3243	258	33	around	around	ADP
fsr-3243	258	34	this	this	DET
fsr-3243	258	35	value	value	NOUN
fsr-3243	258	36	for	for	ADP
fsr-3243	258	37	the	the	DET
fsr-3243	258	38	sake	sake	NOUN
fsr-3243	258	39	of	of	ADP
fsr-3243	258	40	steadiness	steadiness	NOUN
fsr-3243	258	41	in	in	ADP
fsr-3243	258	42	the	the	DET
fsr-3243	258	43	income	income	NOUN
fsr-3243	258	44	flow	flow	NOUN
fsr-3243	258	45	.	.	PUNCT
fsr-3243	259	1	suppose	suppose	VERB
fsr-3243	259	2	we	we	PRON
fsr-3243	259	3	choose	choose	VERB
fsr-3243	259	4	50	50	NUM
fsr-3243	259	5	%	%	NOUN
fsr-3243	259	6	as	as	ADP
fsr-3243	259	7	the	the	DET
fsr-3243	259	8	acceptable	acceptable	ADJ
fsr-3243	259	9	initial	initial	ADJ
fsr-3243	259	10	value	value	NOUN
fsr-3243	259	11	of	of	ADP
fsr-3243	259	12	failure	failure	NOUN
fsr-3243	259	13	risk	risk	NOUN
fsr-3243	259	14	.	.	PUNCT
fsr-3243	260	1	anything	anything	PRON
fsr-3243	260	2	“	"	PUNCT
fsr-3243	260	3	safer	safe	ADJ
fsr-3243	260	4	”	"	PUNCT
fsr-3243	260	5	than	than	ADP
fsr-3243	260	6	that	that	PRON
fsr-3243	260	7	is	be	AUX
fsr-3243	260	8	not	not	PART
fsr-3243	260	9	agreeable	agreeable	ADJ
fsr-3243	260	10	to	to	ADP
fsr-3243	260	11	the	the	DET
fsr-3243	260	12	retiree	retiree	NOUN
fsr-3243	260	13	because	because	SCONJ
fsr-3243	260	14	she	she	PRON
fsr-3243	260	15	feels	feel	VERB
fsr-3243	260	16	it	it	PRON
fsr-3243	260	17	creates	create	VERB
fsr-3243	260	18	too	too	ADV
fsr-3243	260	19	much	much	ADJ
fsr-3243	260	20	surplus	surplus	ADJ
fsr-3243	260	21	risk	risk	NOUN
fsr-3243	260	22	—	—	PUNCT
fsr-3243	260	23	she	she	PRON
fsr-3243	260	24	has	have	VERB
fsr-3243	260	25	no	no	DET
fsr-3243	260	26	heirs	heir	NOUN
fsr-3243	260	27	and	and	CCONJ
fsr-3243	260	28	wants	want	VERB
fsr-3243	260	29	to	to	PART
fsr-3243	260	30	consume	consume	VERB
fsr-3243	260	31	her	her	PRON
fsr-3243	260	32	savings	saving	NOUN
fsr-3243	260	33	down	down	ADP
fsr-3243	260	34	to	to	ADP
fsr-3243	260	35	the	the	DET
fsr-3243	260	36	last	last	ADJ
fsr-3243	260	37	penny	penny	NOUN
fsr-3243	260	38	.	.	PUNCT
fsr-3243	261	1	we	we	PRON
fsr-3243	261	2	begin	begin	VERB
fsr-3243	261	3	by	by	ADP
fsr-3243	261	4	withdrawing	withdraw	VERB
fsr-3243	261	5	the	the	DET
fsr-3243	261	6	median	median	ADJ
fsr-3243	261	7	amount	amount	NOUN
fsr-3243	261	8	in	in	ADP
fsr-3243	261	9	the	the	DET
fsr-3243	261	10	30	30	NUM
fsr-3243	261	11	-	-	PUNCT
fsr-3243	261	12	year	year	NOUN
fsr-3243	261	13	pwa	pwa	NOUN
fsr-3243	261	14	distribution	distribution	NOUN
fsr-3243	261	15	for	for	ADP
fsr-3243	261	16	an	an	DET
fsr-3243	261	17	all	all	DET
fsr-3243	261	18	-	-	PUNCT
fsr-3243	261	19	equity	equity	NOUN
fsr-3243	261	20	portfolio	portfolio	NOUN
fsr-3243	261	21	(	(	PUNCT
fsr-3243	261	22	because	because	SCONJ
fsr-3243	261	23	that	that	PRON
fsr-3243	261	24	is	be	AUX
fsr-3243	261	25	what	what	PRON
fsr-3243	261	26	she	she	PRON
fsr-3243	261	27	happens	happen	VERB
fsr-3243	261	28	to	to	PART
fsr-3243	261	29	have	have	VERB
fsr-3243	261	30	)	)	PUNCT
fsr-3243	261	31	.	.	PUNCT
fsr-3243	262	1	after	after	ADP
fsr-3243	262	2	making	make	VERB
fsr-3243	262	3	this	this	DET
fsr-3243	262	4	first	first	ADJ
fsr-3243	262	5	withdrawal	withdrawal	NOUN
fsr-3243	262	6	and	and	CCONJ
fsr-3243	262	7	getting	get	VERB
fsr-3243	262	8	the	the	DET
fsr-3243	262	9	return	return	NOUN
fsr-3243	262	10	in	in	ADP
fsr-3243	262	11	our	our	PRON
fsr-3243	262	12	account	account	NOUN
fsr-3243	262	13	at	at	ADP
fsr-3243	262	14	the	the	DET
fsr-3243	262	15	end	end	NOUN
fsr-3243	262	16	of	of	ADP
fsr-3243	262	17	the	the	DET
fsr-3243	262	18	year	year	NOUN
fsr-3243	262	19	,	,	PUNCT
fsr-3243	262	20	the	the	DET
fsr-3243	262	21	withdrawal	withdrawal	NOUN
fsr-3243	262	22	amount	amount	NOUN
fsr-3243	262	23	for	for	ADP
fsr-3243	262	24	year	year	NOUN
fsr-3243	262	25	2	2	NUM
fsr-3243	262	26	is	be	AUX
fsr-3243	262	27	chosen	choose	VERB
fsr-3243	262	28	as	as	SCONJ
fsr-3243	262	29	follows	follow	VERB
fsr-3243	262	30	.	.	PUNCT
fsr-3243	263	1	if	if	SCONJ
fsr-3243	263	2	the	the	DET
fsr-3243	263	3	amount	amount	NOUN
fsr-3243	263	4	withdrawn	withdraw	VERB
fsr-3243	263	5	in	in	ADP
fsr-3243	263	6	the	the	DET
fsr-3243	263	7	previous	previous	ADJ
fsr-3243	263	8	year	year	NOUN
fsr-3243	263	9	is	be	AUX
fsr-3243	263	10	still	still	ADV
fsr-3243	263	11	inside	inside	ADP
fsr-3243	263	12	the	the	DET
fsr-3243	263	13	15%-to-85	15%-to-85	ADJ
fsr-3243	263	14	%	%	NOUN
fsr-3243	263	15	confidence	confidence	NOUN
fsr-3243	263	16	range	range	NOUN
fsr-3243	263	17	(	(	PUNCT
fsr-3243	263	18	a	a	DET
fsr-3243	263	19	rather	rather	ADV
fsr-3243	263	20	wide	wide	ADJ
fsr-3243	263	21	70	70	NUM
fsr-3243	263	22	-	-	PUNCT
fsr-3243	263	23	point	point	NOUN
fsr-3243	263	24	interval	interval	NOUN
fsr-3243	263	25	)	)	PUNCT
fsr-3243	263	26	once	once	SCONJ
fsr-3243	263	27	the	the	DET
fsr-3243	263	28	pwa	pwa	PROPN
fsr-3243	263	29	distribution	distribution	NOUN
fsr-3243	263	30	is	be	AUX
fsr-3243	263	31	recalculated	recalculate	VERB
fsr-3243	263	32	starting	start	VERB
fsr-3243	263	33	from	from	ADP
fsr-3243	263	34	the	the	DET
fsr-3243	263	35	now	now	ADV
fsr-3243	263	36	-	-	PUNCT
fsr-3243	263	37	current	current	ADJ
fsr-3243	263	38	balance	balance	NOUN
fsr-3243	263	39	and	and	CCONJ
fsr-3243	263	40	with	with	ADP
fsr-3243	263	41	1	1	NUM
fsr-3243	263	42	year	year	NOUN
fsr-3243	263	43	less	less	ADV
fsr-3243	263	44	remaining	remain	VERB
fsr-3243	263	45	in	in	ADP
fsr-3243	263	46	the	the	DET
fsr-3243	263	47	planning	planning	NOUN
fsr-3243	263	48	horizon	horizon	NOUN
fsr-3243	263	49	,	,	PUNCT
fsr-3243	263	50	that	that	DET
fsr-3243	263	51	same	same	ADJ
fsr-3243	263	52	amount	amount	NOUN
fsr-3243	263	53	is	be	AUX
fsr-3243	263	54	withdrawn	withdraw	VERB
fsr-3243	263	55	once	once	ADV
fsr-3243	263	56	more	more	ADJ
fsr-3243	263	57	.	.	PUNCT
fsr-3243	264	1	otherwise	otherwise	ADV
fsr-3243	264	2	the	the	DET
fsr-3243	264	3	strategy	strategy	NOUN
fsr-3243	264	4	is	be	AUX
fsr-3243	264	5	“	"	PUNCT
fsr-3243	264	6	recentered	recentere	VERB
fsr-3243	264	7	”	"	PUNCT
fsr-3243	264	8	by	by	ADP
fsr-3243	264	9	taking	take	VERB
fsr-3243	264	10	the	the	DET
fsr-3243	264	11	median	median	ADJ
fsr-3243	264	12	value	value	NOUN
fsr-3243	264	13	of	of	ADP
fsr-3243	264	14	the	the	DET
fsr-3243	264	15	recalculated	recalculate	VERB
fsr-3243	264	16	distribution	distribution	NOUN
fsr-3243	264	17	.	.	PUNCT
fsr-3243	265	1	this	this	DET
fsr-3243	265	2	process	process	NOUN
fsr-3243	265	3	is	be	AUX
fsr-3243	265	4	then	then	ADV
fsr-3243	265	5	repeated	repeat	VERB
fsr-3243	265	6	every	every	DET
fsr-3243	265	7	year	year	NOUN
fsr-3243	265	8	.	.	PUNCT
fsr-3243	266	1	after	after	ADP
fsr-3243	266	2	setting	set	VERB
fsr-3243	266	3	up	up	ADP
fsr-3243	266	4	our	our	PRON
fsr-3243	266	5	monte	monte	PROPN
fsr-3243	266	6	carlo	carlo	NOUN
fsr-3243	266	7	engine	engine	NOUN
fsr-3243	266	8	with	with	ADP
fsr-3243	266	9	these	these	DET
fsr-3243	266	10	parameters	parameter	NOUN
fsr-3243	266	11	,	,	PUNCT
fsr-3243	266	12	we	we	PRON
fsr-3243	266	13	have	have	AUX
fsr-3243	266	14	run	run	VERB
fsr-3243	266	15	simulations	simulation	NOUN
fsr-3243	266	16	of	of	ADP
fsr-3243	266	17	the	the	DET
fsr-3243	266	18	withdrawal	withdrawal	NOUN
fsr-3243	266	19	paths	path	NOUN
fsr-3243	266	20	resulting	result	VERB
fsr-3243	266	21	from	from	ADP
fsr-3243	266	22	this	this	DET
fsr-3243	266	23	strategy	strategy	NOUN
fsr-3243	266	24	using	use	VERB
fsr-3243	266	25	the	the	DET
fsr-3243	266	26	now	now	ADV
fsr-3243	266	27	customary	customary	ADJ
fsr-3243	266	28	$	$	SYM
fsr-3243	266	29	1	1	NUM
fsr-3243	266	30	million	million	NUM
fsr-3243	266	31	starting	start	VERB
fsr-3243	266	32	balance	balance	NOUN
fsr-3243	266	33	and	and	CCONJ
fsr-3243	266	34	$	$	SYM
fsr-3243	266	35	0	0	NUM
fsr-3243	266	36	desired	desire	VERB
fsr-3243	266	37	ending	end	VERB
fsr-3243	266	38	balance	balance	NOUN
fsr-3243	266	39	.	.	PUNCT
fsr-3243	267	1	figs	fig	NOUN
fsr-3243	267	2	.	.	PUNCT
fsr-3243	268	1	10	10	NUM
fsr-3243	268	2	,	,	PUNCT
fsr-3243	268	3	11	11	NUM
fsr-3243	268	4	,	,	PUNCT
fsr-3243	268	5	and	and	CCONJ
fsr-3243	268	6	12	12	NUM
fsr-3243	268	7	present	present	ADJ
fsr-3243	268	8	three	three	NUM
fsr-3243	268	9	of	of	ADP
fsr-3243	268	10	these	these	DET
fsr-3243	268	11	simulated	simulate	VERB
fsr-3243	268	12	paths	path	NOUN
fsr-3243	268	13	,	,	PUNCT
fsr-3243	268	14	each	each	DET
fsr-3243	268	15	one	one	NOUN
fsr-3243	268	16	corresponding	correspond	VERB
fsr-3243	268	17	to	to	PART
fsr-3243	268	18	return	return	VERB
fsr-3243	268	19	sequences	sequence	NOUN
fsr-3243	268	20	that	that	PRON
fsr-3243	268	21	give	give	VERB
fsr-3243	268	22	rise	rise	NOUN
fsr-3243	268	23	to	to	ADP
fsr-3243	268	24	(	(	PUNCT
fsr-3243	268	25	somewhat	somewhat	ADV
fsr-3243	268	26	)	)	PUNCT
fsr-3243	268	27	flat	flat	ADJ
fsr-3243	268	28	,	,	PUNCT
fsr-3243	268	29	rising	rise	VERB
fsr-3243	268	30	,	,	PUNCT
fsr-3243	268	31	and	and	CCONJ
fsr-3243	268	32	decreasing	decrease	VERB
fsr-3243	268	33	withdrawal	withdrawal	NOUN
fsr-3243	268	34	profiles.12	profiles.12	NOUN
fsr-3243	268	35	barring	bar	VERB
fsr-3243	268	36	perfect	perfect	ADJ
fsr-3243	268	37	foresight	foresight	NOUN
fsr-3243	268	38	,	,	PUNCT
fsr-3243	268	39	nothing	nothing	PRON
fsr-3243	268	40	strictly	strictly	ADV
fsr-3243	268	41	better	well	ADJ
fsr-3243	268	42	can	can	AUX
fsr-3243	268	43	be	be	AUX
fsr-3243	268	44	provided	provide	VERB
fsr-3243	268	45	for	for	ADP
fsr-3243	268	46	a	a	DET
fsr-3243	268	47	retiree	retiree	NOUN
fsr-3243	268	48	with	with	ADP
fsr-3243	268	49	these	these	DET
fsr-3243	268	50	demands	demand	NOUN
fsr-3243	268	51	and	and	CCONJ
fsr-3243	268	52	holding	hold	VERB
fsr-3243	268	53	these	these	DET
fsr-3243	268	54	assets	asset	NOUN
fsr-3243	268	55	.	.	PUNCT
fsr-3243	269	1	if	if	SCONJ
fsr-3243	269	2	we	we	PRON
fsr-3243	269	3	want	want	VERB
fsr-3243	269	4	to	to	PART
fsr-3243	269	5	improve	improve	VERB
fsr-3243	269	6	the	the	DET
fsr-3243	269	7	results	result	NOUN
fsr-3243	269	8	of	of	ADP
fsr-3243	269	9	the	the	DET
fsr-3243	269	10	strategy	strategy	NOUN
fsr-3243	269	11	along	along	ADP
fsr-3243	269	12	either	either	DET
fsr-3243	269	13	one	one	NUM
fsr-3243	269	14	of	of	ADP
fsr-3243	269	15	the	the	DET
fsr-3243	269	16	three	three	NUM
fsr-3243	269	17	relevant	relevant	ADJ
fsr-3243	269	18	dimensions	dimension	NOUN
fsr-3243	269	19	(	(	PUNCT
fsr-3243	269	20	safety	safety	NOUN
fsr-3243	269	21	,	,	PUNCT
fsr-3243	269	22	income	income	NOUN
fsr-3243	269	23	level	level	NOUN
fsr-3243	269	24	,	,	PUNCT
fsr-3243	269	25	stability	stability	NOUN
fsr-3243	269	26	)	)	PUNCT
fsr-3243	269	27	,	,	PUNCT
fsr-3243	269	28	we	we	PRON
fsr-3243	269	29	would	would	AUX
fsr-3243	269	30	have	have	VERB
fsr-3243	269	31	to	to	PART
fsr-3243	269	32	change	change	VERB
fsr-3243	269	33	either	either	CCONJ
fsr-3243	269	34	the	the	DET
fsr-3243	269	35	base	base	NOUN
fsr-3243	269	36	safety	safety	NOUN
fsr-3243	269	37	level	level	NOUN
fsr-3243	269	38	,	,	PUNCT
fsr-3243	269	39	the	the	DET
fsr-3243	269	40	recentering	recentere	VERB
fsr-3243	269	41	point	point	NOUN
fsr-3243	269	42	or	or	CCONJ
fsr-3243	269	43	the	the	DET
fsr-3243	269	44	width	width	NOUN
fsr-3243	269	45	of	of	ADP
fsr-3243	269	46	the	the	DET
fsr-3243	269	47	tolerance	tolerance	NOUN
fsr-3243	269	48	range	range	NOUN
fsr-3243	269	49	.	.	PUNCT
fsr-3243	270	1	this	this	DET
fsr-3243	270	2	last	last	ADJ
fsr-3243	270	3	point	point	NOUN
fsr-3243	270	4	is	be	AUX
fsr-3243	270	5	an	an	DET
fsr-3243	270	6	important	important	ADJ
fsr-3243	270	7	realization	realization	NOUN
fsr-3243	270	8	about	about	ADP
fsr-3243	270	9	the	the	DET
fsr-3243	270	10	nature	nature	NOUN
fsr-3243	270	11	of	of	ADP
fsr-3243	270	12	the	the	DET
fsr-3243	270	13	problem	problem	NOUN
fsr-3243	270	14	at	at	ADP
fsr-3243	270	15	hand	hand	NOUN
fsr-3243	270	16	.	.	PUNCT
fsr-3243	271	1	by	by	ADP
fsr-3243	271	2	the	the	DET
fsr-3243	271	3	structural	structural	ADJ
fsr-3243	271	4	relationship	relationship	NOUN
fsr-3243	271	5	between	between	ADP
fsr-3243	271	6	the	the	DET
fsr-3243	271	7	variables	variable	NOUN
fsr-3243	271	8	,	,	PUNCT
fsr-3243	271	9	when	when	SCONJ
fsr-3243	271	10	the	the	DET
fsr-3243	271	11	parameters	parameter	NOUN
fsr-3243	271	12	of	of	ADP
fsr-3243	271	13	a	a	DET
fsr-3243	271	14	strategy	strategy	NOUN
fsr-3243	271	15	are	be	AUX
fsr-3243	271	16	modified	modify	VERB
fsr-3243	271	17	to	to	PART
fsr-3243	271	18	enhance	enhance	VERB
fsr-3243	271	19	one	one	NUM
fsr-3243	271	20	specific	specific	ADJ
fsr-3243	271	21	property	property	NOUN
fsr-3243	271	22	,	,	PUNCT
fsr-3243	271	23	it	it	PRON
fsr-3243	271	24	is	be	AUX
fsr-3243	271	25	inevitable	inevitable	ADJ
fsr-3243	271	26	for	for	SCONJ
fsr-3243	271	27	one	one	NUM
fsr-3243	271	28	or	or	CCONJ
fsr-3243	271	29	more	more	ADJ
fsr-3243	271	30	of	of	ADP
fsr-3243	271	31	the	the	DET
fsr-3243	271	32	other	other	ADJ
fsr-3243	271	33	properties	property	NOUN
fsr-3243	271	34	to	to	PART
fsr-3243	271	35	suffer	suffer	VERB
fsr-3243	271	36	.	.	PUNCT
fsr-3243	272	1	this	this	PRON
fsr-3243	272	2	in	in	ADP
fsr-3243	272	3	turn	turn	NOUN
fsr-3243	272	4	means	mean	VERB
fsr-3243	272	5	that	that	SCONJ
fsr-3243	272	6	the	the	DET
fsr-3243	272	7	design	design	NOUN
fsr-3243	272	8	of	of	ADP
fsr-3243	272	9	optimal	optimal	ADJ
fsr-3243	272	10	withdrawal	withdrawal	NOUN
fsr-3243	272	11	strategies	strategy	NOUN
fsr-3243	272	12	is	be	AUX
fsr-3243	272	13	not	not	PART
fsr-3243	272	14	a	a	DET
fsr-3243	272	15	search	search	NOUN
fsr-3243	272	16	for	for	ADP
fsr-3243	272	17	the	the	DET
fsr-3243	272	18	dominant	dominant	ADJ
fsr-3243	272	19	scheme	scheme	NOUN
fsr-3243	272	20	;	;	PUNCT
fsr-3243	272	21	it	it	PRON
fsr-3243	272	22	is	be	AUX
fsr-3243	272	23	a	a	DET
fsr-3243	272	24	search	search	NOUN
fsr-3243	272	25	for	for	ADP
fsr-3243	272	26	the	the	DET
fsr-3243	272	27	strategy	strategy	NOUN
fsr-3243	272	28	that	that	PRON
fsr-3243	272	29	best	good	ADJ
fsr-3243	272	30	suits	suit	VERB
fsr-3243	272	31	the	the	DET
fsr-3243	272	32	needs	need	NOUN
fsr-3243	272	33	of	of	ADP
fsr-3243	272	34	the	the	DET
fsr-3243	272	35	investor	investor	NOUN
fsr-3243	272	36	being	be	AUX
fsr-3243	272	37	served	serve	VERB
fsr-3243	272	38	.	.	PUNCT
fsr-3243	273	1	the	the	DET
fsr-3243	273	2	next	next	ADJ
fsr-3243	273	3	section	section	NOUN
fsr-3243	273	4	closes	close	VERB
fsr-3243	273	5	the	the	DET
fsr-3243	273	6	discussion	discussion	NOUN
fsr-3243	273	7	by	by	ADP
fsr-3243	273	8	looking	look	VERB
fsr-3243	273	9	more	more	ADV
fsr-3243	273	10	closely	closely	ADV
fsr-3243	273	11	at	at	ADP
fsr-3243	273	12	this	this	DET
fsr-3243	273	13	“	"	PUNCT
fsr-3243	273	14	planner	planner	NOUN
fsr-3243	273	15	-	-	PUNCT
fsr-3243	273	16	as	as	ADP
fsr-3243	273	17	-	-	PUNCT
fsr-3243	273	18	tailor	tailor	NOUN
fsr-3243	273	19	”	"	PUNCT
fsr-3243	273	20	aspect	aspect	NOUN
fsr-3243	273	21	of	of	ADP
fsr-3243	273	22	the	the	DET
fsr-3243	273	23	framework	framework	NOUN
fsr-3243	273	24	.	.	PUNCT
fsr-3243	274	1	346	346	NUM
fsr-3243	274	2	e.d	e.d	PROPN
fsr-3243	274	3	.	.	PROPN
fsr-3243	274	4	suarez	suarez	PROPN
fsr-3243	274	5	et	et	PROPN
fsr-3243	274	6	al	al	PROPN
fsr-3243	274	7	.	.	PUNCT
fsr-3243	274	8	/	/	SYM
fsr-3243	274	9	financial	financial	ADJ
fsr-3243	274	10	services	service	NOUN
fsr-3243	274	11	review	review	VERB
fsr-3243	274	12	24	24	NUM
fsr-3243	274	13	(	(	PUNCT
fsr-3243	274	14	2015	2015	NUM
fsr-3243	274	15	)	)	PUNCT
fsr-3243	274	16	331–357	331–357	NUM
fsr-3243	274	17	8	8	NUM
fsr-3243	274	18	.	.	PUNCT
fsr-3243	275	1	a	a	DET
fsr-3243	275	2	tale	tale	NOUN
fsr-3243	275	3	of	of	ADP
fsr-3243	275	4	three	three	NUM
fsr-3243	275	5	strategies	strategy	NOUN
fsr-3243	275	6	we	we	PRON
fsr-3243	275	7	will	will	AUX
fsr-3243	275	8	now	now	ADV
fsr-3243	275	9	use	use	VERB
fsr-3243	275	10	the	the	DET
fsr-3243	275	11	sequence	sequence	NOUN
fsr-3243	275	12	of	of	ADP
fsr-3243	275	13	returns	return	NOUN
fsr-3243	275	14	shown	show	VERB
fsr-3243	275	15	in	in	ADP
fsr-3243	275	16	fig	fig	NOUN
fsr-3243	275	17	.	.	PUNCT
fsr-3243	275	18	1	1	NUM
fsr-3243	275	19	to	to	PART
fsr-3243	275	20	present	present	VERB
fsr-3243	275	21	three	three	NUM
fsr-3243	275	22	different	different	ADJ
fsr-3243	275	23	strategies	strategy	NOUN
fsr-3243	275	24	,	,	PUNCT
fsr-3243	275	25	once	once	ADV
fsr-3243	275	26	again	again	ADV
fsr-3243	275	27	starting	start	VERB
fsr-3243	275	28	from	from	ADP
fsr-3243	275	29	$	$	SYM
fsr-3243	275	30	1	1	NUM
fsr-3243	275	31	million	million	NUM
fsr-3243	275	32	and	and	CCONJ
fsr-3243	275	33	ending	end	VERB
fsr-3243	275	34	at	at	ADP
fsr-3243	275	35	$	$	SYM
fsr-3243	275	36	0	0	NUM
fsr-3243	275	37	.	.	PUNCT
fsr-3243	276	1	as	as	SCONJ
fsr-3243	276	2	can	can	AUX
fsr-3243	276	3	be	be	AUX
fsr-3243	276	4	seen	see	VERB
fsr-3243	276	5	in	in	ADP
fsr-3243	276	6	fig	fig	NOUN
fsr-3243	276	7	.	.	PUNCT
fsr-3243	277	1	1	1	NUM
fsr-3243	277	2	,	,	PUNCT
fsr-3243	277	3	the	the	DET
fsr-3243	277	4	dispersion	dispersion	NOUN
fsr-3243	277	5	in	in	ADP
fsr-3243	277	6	that	that	DET
fsr-3243	277	7	sequence	sequence	NOUN
fsr-3243	277	8	is	be	AUX
fsr-3243	277	9	significant	significant	ADJ
fsr-3243	277	10	(	(	PUNCT
fsr-3243	277	11	standard	standard	ADJ
fsr-3243	277	12	deviation	deviation	NOUN
fsr-3243	277	13	14.5	14.5	NUM
fsr-3243	277	14	points	point	NOUN
fsr-3243	277	15	)	)	PUNCT
fsr-3243	277	16	and	and	CCONJ
fsr-3243	277	17	it	it	PRON
fsr-3243	277	18	is	be	AUX
fsr-3243	277	19	quite	quite	ADV
fsr-3243	277	20	jumpy	jumpy	ADJ
fsr-3243	277	21	,	,	PUNCT
fsr-3243	277	22	with	with	ADP
fsr-3243	277	23	the	the	DET
fsr-3243	277	24	values	value	NOUN
fsr-3243	277	25	ranging	range	VERB
fsr-3243	277	26	from	from	ADP
fsr-3243	277	27	�	�	PROPN
fsr-3243	277	28	12.0	12.0	NUM
fsr-3243	277	29	%	%	NOUN
fsr-3243	277	30	in	in	ADP
fsr-3243	277	31	year	year	NOUN
fsr-3243	277	32	29	29	NUM
fsr-3243	277	33	to	to	PART
fsr-3243	277	34	44.2	44.2	NUM
fsr-3243	277	35	%	%	NOUN
fsr-3243	277	36	in	in	ADP
fsr-3243	277	37	year	year	NOUN
fsr-3243	277	38	8	8	NUM
fsr-3243	277	39	.	.	PUNCT
fsr-3243	278	1	therefore	therefore	ADV
fsr-3243	278	2	,	,	PUNCT
fsr-3243	278	3	this	this	DET
fsr-3243	278	4	particular	particular	ADJ
fsr-3243	278	5	sequence	sequence	NOUN
fsr-3243	278	6	may	may	AUX
fsr-3243	278	7	be	be	AUX
fsr-3243	278	8	considered	consider	VERB
fsr-3243	278	9	a	a	DET
fsr-3243	278	10	worthy	worthy	ADJ
fsr-3243	278	11	challenge	challenge	NOUN
fsr-3243	278	12	for	for	ADP
fsr-3243	278	13	any	any	DET
fsr-3243	278	14	strategy	strategy	NOUN
fsr-3243	278	15	to	to	PART
fsr-3243	278	16	handle	handle	VERB
fsr-3243	278	17	,	,	PUNCT
fsr-3243	278	18	even	even	ADV
fsr-3243	278	19	though	though	SCONJ
fsr-3243	278	20	it	it	PRON
fsr-3243	278	21	’s	’	VERB
fsr-3243	278	22	rather	rather	ADV
fsr-3243	278	23	“	"	PUNCT
fsr-3243	278	24	normal	normal	ADJ
fsr-3243	278	25	”	"	PUNCT
fsr-3243	278	26	(	(	PUNCT
fsr-3243	278	27	fig	fig	NOUN
fsr-3243	278	28	.	.	PUNCT
fsr-3243	278	29	2	2	NUM
fsr-3243	278	30	informs	inform	VERB
fsr-3243	278	31	us	we	PRON
fsr-3243	278	32	that	that	SCONJ
fsr-3243	278	33	its	its	PRON
fsr-3243	278	34	pwa	pwa	PROPN
fsr-3243	278	35	in	in	ADP
fsr-3243	278	36	this	this	DET
fsr-3243	278	37	case	case	NOUN
fsr-3243	278	38	is	be	AUX
fsr-3243	278	39	$	$	SYM
fsr-3243	278	40	72,556	72,556	NUM
fsr-3243	278	41	;	;	PUNCT
fsr-3243	278	42	figs	fig	NOUN
fsr-3243	278	43	.	.	X
fsr-3243	279	1	3	3	NUM
fsr-3243	279	2	and	and	CCONJ
fsr-3243	279	3	4	4	NUM
fsr-3243	279	4	shows	show	VERB
fsr-3243	279	5	this	this	DET
fsr-3243	279	6	amount	amount	NOUN
fsr-3243	279	7	is	be	AUX
fsr-3243	279	8	quite	quite	ADV
fsr-3243	279	9	close	close	ADJ
fsr-3243	279	10	to	to	ADP
fsr-3243	279	11	the	the	DET
fsr-3243	279	12	median	median	ADJ
fsr-3243	279	13	value	value	NOUN
fsr-3243	279	14	,	,	PUNCT
fsr-3243	279	15	and	and	CCONJ
fsr-3243	279	16	in	in	ADP
fsr-3243	279	17	the	the	DET
fsr-3243	279	18	peak	peak	NOUN
fsr-3243	279	19	region	region	NOUN
fsr-3243	279	20	of	of	ADP
fsr-3243	279	21	the	the	DET
fsr-3243	279	22	chart	chart	NOUN
fsr-3243	279	23	)	)	PUNCT
fsr-3243	279	24	.	.	PUNCT
fsr-3243	280	1	the	the	DET
fsr-3243	280	2	purpose	purpose	NOUN
fsr-3243	280	3	of	of	ADP
fsr-3243	280	4	this	this	DET
fsr-3243	280	5	exercise	exercise	NOUN
fsr-3243	280	6	is	be	AUX
fsr-3243	280	7	not	not	PART
fsr-3243	280	8	to	to	PART
fsr-3243	280	9	establish	establish	VERB
fsr-3243	280	10	which	which	DET
fsr-3243	280	11	strategy	strategy	NOUN
fsr-3243	280	12	is	be	AUX
fsr-3243	280	13	better	well	ADJ
fsr-3243	280	14	.	.	PUNCT
fsr-3243	281	1	the	the	DET
fsr-3243	281	2	results	result	NOUN
fsr-3243	281	3	shown	show	VERB
fsr-3243	281	4	represent	represent	VERB
fsr-3243	281	5	not	not	PART
fsr-3243	281	6	just	just	ADV
fsr-3243	281	7	the	the	DET
fsr-3243	281	8	strategy	strategy	NOUN
fsr-3243	281	9	followed	follow	VERB
fsr-3243	281	10	,	,	PUNCT
fsr-3243	281	11	but	but	CCONJ
fsr-3243	281	12	the	the	DET
fsr-3243	281	13	specific	specific	ADJ
fsr-3243	281	14	return	return	NOUN
fsr-3243	281	15	sequence	sequence	NOUN
fsr-3243	281	16	used	use	VERB
fsr-3243	281	17	as	as	ADV
fsr-3243	281	18	well	well	ADV
fsr-3243	281	19	.	.	PUNCT
fsr-3243	282	1	to	to	PART
fsr-3243	282	2	compare	compare	VERB
fsr-3243	282	3	strategies	strategy	NOUN
fsr-3243	282	4	one	one	PRON
fsr-3243	282	5	would	would	AUX
fsr-3243	282	6	have	have	VERB
fsr-3243	282	7	to	to	PART
fsr-3243	282	8	average	average	VERB
fsr-3243	282	9	their	their	PRON
fsr-3243	282	10	respective	respective	ADJ
fsr-3243	282	11	performance	performance	NOUN
fsr-3243	282	12	statistics	statistic	NOUN
fsr-3243	282	13	over	over	ADP
fsr-3243	282	14	a	a	DET
fsr-3243	282	15	large	large	ADJ
fsr-3243	282	16	number	number	NOUN
fsr-3243	282	17	of	of	ADP
fsr-3243	282	18	randomized	randomized	ADJ
fsr-3243	282	19	runs	run	NOUN
fsr-3243	282	20	to	to	PART
fsr-3243	282	21	determine	determine	VERB
fsr-3243	282	22	the	the	DET
fsr-3243	282	23	frequency	frequency	NOUN
fsr-3243	282	24	with	with	ADP
fsr-3243	282	25	which	which	PRON
fsr-3243	282	26	they	they	PRON
fsr-3243	282	27	produce	produce	VERB
fsr-3243	282	28	“	"	PUNCT
fsr-3243	282	29	good	good	ADJ
fsr-3243	282	30	”	"	PUNCT
fsr-3243	282	31	or	or	CCONJ
fsr-3243	282	32	“	"	PUNCT
fsr-3243	282	33	bad	bad	ADJ
fsr-3243	282	34	”	"	PUNCT
fsr-3243	282	35	outcomes	outcome	NOUN
fsr-3243	282	36	,	,	PUNCT
fsr-3243	282	37	where	where	SCONJ
fsr-3243	282	38	good	good	ADJ
fsr-3243	282	39	and	and	CCONJ
fsr-3243	282	40	bad	bad	ADJ
fsr-3243	282	41	are	be	AUX
fsr-3243	282	42	defined	define	VERB
fsr-3243	282	43	by	by	ADP
fsr-3243	282	44	the	the	DET
fsr-3243	282	45	retiree	retiree	NOUN
fsr-3243	282	46	.	.	PUNCT
fsr-3243	283	1	one	one	PRON
fsr-3243	283	2	can	can	AUX
fsr-3243	283	3	compare	compare	VERB
fsr-3243	283	4	the	the	DET
fsr-3243	283	5	situation	situation	NOUN
fsr-3243	283	6	faced	face	VERB
fsr-3243	283	7	by	by	ADP
fsr-3243	283	8	the	the	DET
fsr-3243	283	9	retiree	retiree	NOUN
fsr-3243	283	10	to	to	ADP
fsr-3243	283	11	that	that	PRON
fsr-3243	283	12	of	of	ADP
fsr-3243	283	13	a	a	DET
fsr-3243	283	14	shopper	shopper	NOUN
fsr-3243	283	15	in	in	ADP
fsr-3243	283	16	a	a	DET
fsr-3243	283	17	clothing	clothing	NOUN
fsr-3243	283	18	store	store	NOUN
fsr-3243	283	19	right	right	ADV
fsr-3243	283	20	after	after	ADP
fsr-3243	283	21	a	a	DET
fsr-3243	283	22	big	big	ADJ
fsr-3243	283	23	sale	sale	NOUN
fsr-3243	283	24	.	.	PUNCT
fsr-3243	284	1	the	the	DET
fsr-3243	284	2	items	item	NOUN
fsr-3243	284	3	in	in	ADP
fsr-3243	284	4	the	the	DET
fsr-3243	284	5	tables	table	NOUN
fsr-3243	284	6	and	and	CCONJ
fsr-3243	284	7	bins	bin	NOUN
fsr-3243	284	8	are	be	AUX
fsr-3243	284	9	still	still	ADV
fsr-3243	284	10	misplaced	misplace	VERB
fsr-3243	284	11	because	because	SCONJ
fsr-3243	284	12	a	a	DET
fsr-3243	284	13	horde	horde	NOUN
fsr-3243	284	14	of	of	ADP
fsr-3243	284	15	customers	customer	NOUN
fsr-3243	284	16	sorted	sort	VERB
fsr-3243	284	17	through	through	ADP
fsr-3243	284	18	them	they	PRON
fsr-3243	284	19	haphazardly	haphazardly	ADV
fsr-3243	284	20	the	the	DET
fsr-3243	284	21	day	day	NOUN
fsr-3243	284	22	before	before	ADV
fsr-3243	284	23	.	.	PUNCT
fsr-3243	285	1	but	but	CCONJ
fsr-3243	285	2	the	the	DET
fsr-3243	285	3	most	most	ADV
fsr-3243	285	4	efficient	efficient	ADJ
fsr-3243	285	5	way	way	NOUN
fsr-3243	285	6	to	to	PART
fsr-3243	285	7	find	find	VERB
fsr-3243	285	8	an	an	DET
fsr-3243	285	9	item	item	NOUN
fsr-3243	285	10	of	of	ADP
fsr-3243	285	11	her	her	PRON
fsr-3243	285	12	size	size	NOUN
fsr-3243	285	13	and	and	CCONJ
fsr-3243	285	14	liking	liking	NOUN
fsr-3243	285	15	is	be	AUX
fsr-3243	285	16	,	,	PUNCT
fsr-3243	285	17	still	still	ADV
fsr-3243	285	18	,	,	PUNCT
fsr-3243	285	19	to	to	PART
fsr-3243	285	20	look	look	VERB
fsr-3243	285	21	in	in	ADP
fsr-3243	285	22	the	the	DET
fsr-3243	285	23	places	place	NOUN
fsr-3243	285	24	where	where	SCONJ
fsr-3243	285	25	it	it	PRON
fsr-3243	285	26	would	would	AUX
fsr-3243	285	27	normally	normally	ADV
fsr-3243	285	28	be	be	AUX
fsr-3243	285	29	;	;	PUNCT
fsr-3243	285	30	there	there	PRON
fsr-3243	285	31	is	be	VERB
fsr-3243	285	32	a	a	DET
fsr-3243	285	33	higher	high	ADJ
fsr-3243	285	34	probability	probability	NOUN
fsr-3243	285	35	of	of	ADP
fsr-3243	285	36	finding	find	VERB
fsr-3243	285	37	it	it	PRON
fsr-3243	285	38	there	there	ADV
fsr-3243	285	39	than	than	ADP
fsr-3243	285	40	elsewhere	elsewhere	ADV
fsr-3243	285	41	.	.	PUNCT
fsr-3243	286	1	the	the	DET
fsr-3243	286	2	fig	fig	NOUN
fsr-3243	286	3	.	.	PUNCT
fsr-3243	287	1	10	10	NUM
fsr-3243	287	2	.	.	PUNCT
fsr-3243	288	1	this	this	DET
fsr-3243	288	2	strategy	strategy	NOUN
fsr-3243	288	3	kicks	kick	VERB
fsr-3243	288	4	off	off	ADP
fsr-3243	288	5	by	by	ADP
fsr-3243	288	6	withdrawing	withdraw	VERB
fsr-3243	288	7	the	the	DET
fsr-3243	288	8	median	median	ADJ
fsr-3243	288	9	value	value	NOUN
fsr-3243	288	10	in	in	ADP
fsr-3243	288	11	the	the	DET
fsr-3243	288	12	30	30	NUM
fsr-3243	288	13	-	-	PUNCT
fsr-3243	288	14	year	year	NOUN
fsr-3243	288	15	pwa	pwa	NOUN
fsr-3243	288	16	distribution	distribution	NOUN
fsr-3243	288	17	.	.	PUNCT
fsr-3243	289	1	then	then	ADV
fsr-3243	289	2	it	it	PRON
fsr-3243	289	3	becomes	become	VERB
fsr-3243	289	4	“	"	PUNCT
fsr-3243	289	5	sticky	sticky	ADJ
fsr-3243	289	6	,	,	PUNCT
fsr-3243	289	7	”	"	PUNCT
fsr-3243	289	8	withdrawing	withdraw	VERB
fsr-3243	289	9	the	the	DET
fsr-3243	289	10	same	same	ADJ
fsr-3243	289	11	amount	amount	NOUN
fsr-3243	289	12	unless	unless	SCONJ
fsr-3243	289	13	it	it	PRON
fsr-3243	289	14	is	be	AUX
fsr-3243	289	15	“	"	PUNCT
fsr-3243	289	16	too	too	ADV
fsr-3243	289	17	safe	safe	ADJ
fsr-3243	289	18	”	"	PUNCT
fsr-3243	289	19	(	(	PUNCT
fsr-3243	289	20	more	more	ADJ
fsr-3243	289	21	than	than	ADP
fsr-3243	289	22	85	85	NUM
fsr-3243	289	23	%	%	NOUN
fsr-3243	289	24	confidence	confidence	NOUN
fsr-3243	289	25	)	)	PUNCT
fsr-3243	289	26	or	or	CCONJ
fsr-3243	289	27	“	"	PUNCT
fsr-3243	289	28	too	too	ADV
fsr-3243	289	29	risky	risky	ADJ
fsr-3243	289	30	”	"	PUNCT
fsr-3243	289	31	(	(	PUNCT
fsr-3243	289	32	less	less	ADJ
fsr-3243	289	33	than	than	ADP
fsr-3243	289	34	15	15	NUM
fsr-3243	289	35	%	%	NOUN
fsr-3243	289	36	confidence	confidence	NOUN
fsr-3243	289	37	)	)	PUNCT
fsr-3243	289	38	.	.	PUNCT
fsr-3243	290	1	when	when	SCONJ
fsr-3243	290	2	this	this	PRON
fsr-3243	290	3	happens	happen	VERB
fsr-3243	290	4	,	,	PUNCT
fsr-3243	290	5	the	the	DET
fsr-3243	290	6	strategy	strategy	NOUN
fsr-3243	290	7	again	again	ADV
fsr-3243	290	8	takes	take	VERB
fsr-3243	290	9	the	the	DET
fsr-3243	290	10	median	median	ADJ
fsr-3243	290	11	value	value	NOUN
fsr-3243	290	12	of	of	ADP
fsr-3243	290	13	the	the	DET
fsr-3243	290	14	pwa	pwa	PROPN
fsr-3243	290	15	distribution	distribution	NOUN
fsr-3243	290	16	applicable	applicable	ADJ
fsr-3243	290	17	at	at	ADP
fsr-3243	290	18	that	that	DET
fsr-3243	290	19	point	point	NOUN
fsr-3243	290	20	in	in	ADP
fsr-3243	290	21	time	time	NOUN
fsr-3243	290	22	.	.	PUNCT
fsr-3243	291	1	the	the	DET
fsr-3243	291	2	pwa	pwa	PROPN
fsr-3243	291	3	for	for	ADP
fsr-3243	291	4	this	this	DET
fsr-3243	291	5	particular	particular	ADJ
fsr-3243	291	6	sequence	sequence	NOUN
fsr-3243	291	7	of	of	ADP
fsr-3243	291	8	returns	return	NOUN
fsr-3243	291	9	was	be	AUX
fsr-3243	291	10	$	$	SYM
fsr-3243	291	11	84,792	84,792	NUM
fsr-3243	291	12	which	which	PRON
fsr-3243	291	13	,	,	PUNCT
fsr-3243	291	14	by	by	ADP
fsr-3243	291	15	fig	fig	NOUN
fsr-3243	291	16	.	.	PUNCT
fsr-3243	292	1	4	4	NUM
fsr-3243	292	2	,	,	PUNCT
fsr-3243	292	3	is	be	AUX
fsr-3243	292	4	somewhat	somewhat	ADV
fsr-3243	292	5	on	on	ADP
fsr-3243	292	6	the	the	DET
fsr-3243	292	7	high	high	ADJ
fsr-3243	292	8	side	side	NOUN
fsr-3243	292	9	.	.	PUNCT
fsr-3243	293	1	347e.d	347e.d	NUM
fsr-3243	293	2	.	.	PUNCT
fsr-3243	294	1	suarez	suarez	PROPN
fsr-3243	294	2	et	et	PROPN
fsr-3243	294	3	al	al	PROPN
fsr-3243	294	4	.	.	PUNCT
fsr-3243	294	5	/	/	SYM
fsr-3243	294	6	financial	financial	ADJ
fsr-3243	294	7	services	service	NOUN
fsr-3243	294	8	review	review	VERB
fsr-3243	294	9	24	24	NUM
fsr-3243	294	10	(	(	PUNCT
fsr-3243	294	11	2015	2015	NUM
fsr-3243	294	12	)	)	PUNCT
fsr-3243	294	13	331–357	331–357	NUM
fsr-3243	294	14	pwa	pwa	NOUN
fsr-3243	294	15	framework	framework	NOUN
fsr-3243	294	16	would	would	AUX
fsr-3243	294	17	then	then	ADV
fsr-3243	294	18	be	be	AUX
fsr-3243	294	19	the	the	DET
fsr-3243	294	20	knowledgeable	knowledgeable	ADJ
fsr-3243	294	21	clerk	clerk	NOUN
fsr-3243	294	22	who	who	PRON
fsr-3243	294	23	will	will	AUX
fsr-3243	294	24	ask	ask	VERB
fsr-3243	294	25	you	you	PRON
fsr-3243	294	26	what	what	PRON
fsr-3243	294	27	you	you	PRON
fsr-3243	294	28	want	want	VERB
fsr-3243	294	29	and	and	CCONJ
fsr-3243	294	30	then	then	ADV
fsr-3243	294	31	will	will	AUX
fsr-3243	294	32	tell	tell	VERB
fsr-3243	294	33	you	you	PRON
fsr-3243	294	34	where	where	SCONJ
fsr-3243	294	35	it	it	PRON
fsr-3243	294	36	is	be	AUX
fsr-3243	294	37	more	more	ADV
fsr-3243	294	38	likely	likely	ADJ
fsr-3243	294	39	that	that	SCONJ
fsr-3243	294	40	you	you	PRON
fsr-3243	294	41	may	may	AUX
fsr-3243	294	42	find	find	VERB
fsr-3243	294	43	it	it	PRON
fsr-3243	294	44	.	.	PUNCT
fsr-3243	295	1	following	follow	VERB
fsr-3243	295	2	this	this	DET
fsr-3243	295	3	metaphor	metaphor	NOUN
fsr-3243	295	4	,	,	PUNCT
fsr-3243	295	5	this	this	DET
fsr-3243	295	6	section	section	NOUN
fsr-3243	295	7	is	be	AUX
fsr-3243	295	8	a	a	DET
fsr-3243	295	9	sampler	sampler	NOUN
fsr-3243	295	10	of	of	ADP
fsr-3243	295	11	some	some	PRON
fsr-3243	295	12	of	of	ADP
fsr-3243	295	13	the	the	DET
fsr-3243	295	14	“	"	PUNCT
fsr-3243	295	15	items	item	NOUN
fsr-3243	295	16	carried	carry	VERB
fsr-3243	295	17	”	"	PUNCT
fsr-3243	295	18	in	in	ADP
fsr-3243	295	19	an	an	DET
fsr-3243	295	20	all	all	DET
fsr-3243	295	21	-	-	PUNCT
fsr-3243	295	22	equity	equity	NOUN
fsr-3243	295	23	portfolio	portfolio	NOUN
fsr-3243	295	24	facing	face	VERB
fsr-3243	295	25	a	a	DET
fsr-3243	295	26	30	30	NUM
fsr-3243	295	27	-	-	PUNCT
fsr-3243	295	28	year	year	NOUN
fsr-3243	295	29	planning	planning	NOUN
fsr-3243	295	30	horizon	horizon	NOUN
fsr-3243	295	31	.	.	PUNCT
fsr-3243	296	1	the	the	DET
fsr-3243	296	2	first	first	ADJ
fsr-3243	296	3	strategy	strategy	NOUN
fsr-3243	296	4	considered	consider	VERB
fsr-3243	296	5	is	be	AUX
fsr-3243	296	6	the	the	DET
fsr-3243	296	7	4	4	NUM
fsr-3243	296	8	%	%	NOUN
fsr-3243	296	9	rule	rule	NOUN
fsr-3243	296	10	,	,	PUNCT
fsr-3243	296	11	which	which	PRON
fsr-3243	296	12	withdraws	withdraw	VERB
fsr-3243	296	13	$	$	SYM
fsr-3243	296	14	40,000	40,000	NUM
fsr-3243	296	15	every	every	DET
fsr-3243	296	16	year	year	NOUN
fsr-3243	296	17	and	and	CCONJ
fsr-3243	296	18	is	be	AUX
fsr-3243	296	19	presented	present	VERB
fsr-3243	296	20	in	in	ADP
fsr-3243	296	21	fig	fig	NOUN
fsr-3243	296	22	.	.	PUNCT
fsr-3243	297	1	13	13	NUM
fsr-3243	297	2	.	.	PUNCT
fsr-3243	298	1	we	we	PRON
fsr-3243	298	2	already	already	ADV
fsr-3243	298	3	know	know	VERB
fsr-3243	298	4	that	that	SCONJ
fsr-3243	298	5	the	the	DET
fsr-3243	298	6	pwa	pwa	PROPN
fsr-3243	298	7	for	for	ADP
fsr-3243	298	8	this	this	DET
fsr-3243	298	9	sequence	sequence	NOUN
fsr-3243	298	10	is	be	AUX
fsr-3243	298	11	$	$	SYM
fsr-3243	298	12	72,556	72,556	NUM
fsr-3243	298	13	,	,	PUNCT
fsr-3243	298	14	and	and	CCONJ
fsr-3243	298	15	therefore	therefore	ADV
fsr-3243	298	16	that	that	SCONJ
fsr-3243	298	17	this	this	DET
fsr-3243	298	18	strategy	strategy	NOUN
fsr-3243	298	19	will	will	AUX
fsr-3243	298	20	be	be	AUX
fsr-3243	298	21	too	too	ADV
fsr-3243	298	22	cautious	cautious	ADJ
fsr-3243	298	23	and	and	CCONJ
fsr-3243	298	24	end	end	VERB
fsr-3243	298	25	up	up	ADP
fsr-3243	298	26	with	with	ADP
fsr-3243	298	27	surplus	surplus	ADJ
fsr-3243	298	28	balance	balance	NOUN
fsr-3243	298	29	.	.	PUNCT
fsr-3243	299	1	the	the	DET
fsr-3243	299	2	balance	balance	NOUN
fsr-3243	299	3	reaches	reach	VERB
fsr-3243	299	4	$	$	SYM
fsr-3243	299	5	3,013,737	3,013,737	NUM
fsr-3243	299	6	in	in	ADP
fsr-3243	299	7	year	year	NOUN
fsr-3243	299	8	30	30	NUM
fsr-3243	299	9	,	,	PUNCT
fsr-3243	299	10	which	which	PRON
fsr-3243	299	11	shows	show	VERB
fsr-3243	299	12	in	in	ADP
fsr-3243	299	13	the	the	DET
fsr-3243	299	14	figure	figure	NOUN
fsr-3243	299	15	as	as	SCONJ
fsr-3243	299	16	the	the	DET
fsr-3243	299	17	convergence	convergence	NOUN
fsr-3243	299	18	point	point	NOUN
fsr-3243	299	19	of	of	ADP
fsr-3243	299	20	the	the	DET
fsr-3243	299	21	tolerance	tolerance	NOUN
fsr-3243	299	22	range	range	NOUN
fsr-3243	299	23	boundaries	boundary	NOUN
fsr-3243	299	24	(	(	PUNCT
fsr-3243	299	25	only	only	ADV
fsr-3243	299	26	reference	reference	NOUN
fsr-3243	299	27	points	point	VERB
fsr-3243	299	28	now	now	ADV
fsr-3243	299	29	)	)	PUNCT
fsr-3243	299	30	.	.	PUNCT
fsr-3243	300	1	these	these	DET
fsr-3243	300	2	boundaries	boundary	NOUN
fsr-3243	300	3	always	always	ADV
fsr-3243	300	4	come	come	VERB
fsr-3243	300	5	together	together	ADV
fsr-3243	300	6	at	at	ADP
fsr-3243	300	7	the	the	DET
fsr-3243	300	8	end	end	NOUN
fsr-3243	300	9	because	because	SCONJ
fsr-3243	300	10	in	in	ADP
fsr-3243	300	11	this	this	DET
fsr-3243	300	12	framework	framework	NOUN
fsr-3243	300	13	there	there	PRON
fsr-3243	300	14	is	be	VERB
fsr-3243	300	15	only	only	ADV
fsr-3243	300	16	one	one	NUM
fsr-3243	300	17	possible	possible	ADJ
fsr-3243	300	18	recommendation	recommendation	NOUN
fsr-3243	300	19	at	at	ADP
fsr-3243	300	20	that	that	DET
fsr-3243	300	21	point	point	NOUN
fsr-3243	300	22	:	:	PUNCT
fsr-3243	300	23	take	take	VERB
fsr-3243	300	24	out	out	ADP
fsr-3243	300	25	all	all	PRON
fsr-3243	300	26	you	you	PRON
fsr-3243	300	27	have	have	VERB
fsr-3243	300	28	,	,	PUNCT
fsr-3243	300	29	because	because	SCONJ
fsr-3243	300	30	this	this	PRON
fsr-3243	300	31	is	be	AUX
fsr-3243	300	32	the	the	DET
fsr-3243	300	33	last	last	ADJ
fsr-3243	300	34	year	year	NOUN
fsr-3243	300	35	.	.	PUNCT
fsr-3243	301	1	after	after	ADP
fsr-3243	301	2	continuing	continue	VERB
fsr-3243	301	3	to	to	PART
fsr-3243	301	4	withdraw	withdraw	VERB
fsr-3243	301	5	$	$	SYM
fsr-3243	301	6	40,000	40,000	NUM
fsr-3243	301	7	(	(	PUNCT
fsr-3243	301	8	one	one	NUM
fsr-3243	301	9	last	last	ADJ
fsr-3243	301	10	time	time	NOUN
fsr-3243	301	11	)	)	PUNCT
fsr-3243	301	12	and	and	CCONJ
fsr-3243	301	13	accruing	accrue	VERB
fsr-3243	301	14	the	the	DET
fsr-3243	301	15	final	final	ADJ
fsr-3243	301	16	return	return	NOUN
fsr-3243	301	17	of	of	ADP
fsr-3243	301	18	9.3	9.3	NUM
fsr-3243	301	19	%	%	NOUN
fsr-3243	301	20	,	,	PUNCT
fsr-3243	301	21	the	the	DET
fsr-3243	301	22	account	account	NOUN
fsr-3243	301	23	bequeaths	bequeath	NOUN
fsr-3243	301	24	$	$	SYM
fsr-3243	301	25	3,250,295	3,250,295	NUM
fsr-3243	301	26	.	.	PUNCT
fsr-3243	302	1	we	we	PRON
fsr-3243	302	2	see	see	VERB
fsr-3243	302	3	that	that	SCONJ
fsr-3243	302	4	the	the	DET
fsr-3243	302	5	overaccumulation	overaccumulation	NOUN
fsr-3243	302	6	trend	trend	NOUN
fsr-3243	302	7	is	be	AUX
fsr-3243	302	8	evident	evident	ADJ
fsr-3243	302	9	early	early	ADV
fsr-3243	302	10	on	on	ADV
fsr-3243	302	11	,	,	PUNCT
fsr-3243	302	12	as	as	SCONJ
fsr-3243	302	13	the	the	DET
fsr-3243	302	14	confidence	confidence	NOUN
fsr-3243	302	15	level	level	NOUN
fsr-3243	302	16	reaches	reach	VERB
fsr-3243	302	17	98	98	NUM
fsr-3243	302	18	%	%	NOUN
fsr-3243	302	19	in	in	ADP
fsr-3243	302	20	year	year	NOUN
fsr-3243	302	21	3	3	NUM
fsr-3243	302	22	after	after	ADP
fsr-3243	302	23	starting	start	VERB
fsr-3243	302	24	out	out	ADP
fsr-3243	302	25	at	at	ADP
fsr-3243	302	26	93%—perhaps	93%—perhaps	PRON
fsr-3243	302	27	overly	overly	ADV
fsr-3243	302	28	high	high	ADJ
fsr-3243	302	29	even	even	ADV
fsr-3243	302	30	from	from	ADP
fsr-3243	302	31	the	the	DET
fsr-3243	302	32	outset	outset	NOUN
fsr-3243	302	33	.	.	PUNCT
fsr-3243	303	1	by	by	ADP
fsr-3243	303	2	year	year	NOUN
fsr-3243	303	3	15	15	NUM
fsr-3243	303	4	the	the	DET
fsr-3243	303	5	confidence	confidence	NOUN
fsr-3243	303	6	level	level	NOUN
fsr-3243	303	7	goes	go	VERB
fsr-3243	303	8	“	"	PUNCT
fsr-3243	303	9	off	off	ADP
fsr-3243	303	10	the	the	DET
fsr-3243	303	11	charts	chart	NOUN
fsr-3243	303	12	,	,	PUNCT
fsr-3243	303	13	”	"	PUNCT
fsr-3243	303	14	as	as	SCONJ
fsr-3243	303	15	there	there	PRON
fsr-3243	303	16	is	be	VERB
fsr-3243	303	17	not	not	PART
fsr-3243	303	18	a	a	DET
fsr-3243	303	19	single	single	ADJ
fsr-3243	303	20	run	run	NOUN
fsr-3243	303	21	in	in	ADP
fsr-3243	303	22	our	our	PRON
fsr-3243	303	23	simulation	simulation	NOUN
fsr-3243	303	24	for	for	ADP
fsr-3243	303	25	that	that	DET
fsr-3243	303	26	horizon	horizon	NOUN
fsr-3243	303	27	length	length	NOUN
fsr-3243	303	28	that	that	PRON
fsr-3243	303	29	produces	produce	VERB
fsr-3243	303	30	a	a	DET
fsr-3243	303	31	pwa	pwa	NOUN
fsr-3243	303	32	of	of	ADP
fsr-3243	303	33	$	$	SYM
fsr-3243	303	34	40,000	40,000	NUM
fsr-3243	303	35	or	or	CCONJ
fsr-3243	303	36	lower	low	ADJ
fsr-3243	303	37	starting	start	VERB
fsr-3243	303	38	from	from	ADP
fsr-3243	303	39	$	$	SYM
fsr-3243	303	40	1,832,363	1,832,363	NUM
fsr-3243	303	41	(	(	PUNCT
fsr-3243	303	42	the	the	DET
fsr-3243	303	43	balance	balance	NOUN
fsr-3243	303	44	in	in	ADP
fsr-3243	303	45	year	year	NOUN
fsr-3243	303	46	15	15	NUM
fsr-3243	303	47	)	)	PUNCT
fsr-3243	303	48	.	.	PUNCT
fsr-3243	304	1	these	these	DET
fsr-3243	304	2	confidence	confidence	NOUN
fsr-3243	304	3	levels	level	NOUN
fsr-3243	304	4	“	"	PUNCT
fsr-3243	304	5	above	above	ADP
fsr-3243	304	6	100	100	NUM
fsr-3243	304	7	%	%	NOUN
fsr-3243	304	8	”	"	PUNCT
fsr-3243	304	9	persist	persist	NOUN
fsr-3243	304	10	until	until	ADP
fsr-3243	304	11	the	the	DET
fsr-3243	304	12	end	end	NOUN
fsr-3243	304	13	of	of	ADP
fsr-3243	304	14	the	the	DET
fsr-3243	304	15	retirement	retirement	NOUN
fsr-3243	304	16	period	period	NOUN
fsr-3243	304	17	.	.	PUNCT
fsr-3243	305	1	the	the	DET
fsr-3243	305	2	second	second	ADJ
fsr-3243	305	3	strategy	strategy	NOUN
fsr-3243	305	4	is	be	AUX
fsr-3243	305	5	the	the	DET
fsr-3243	305	6	one	one	NOUN
fsr-3243	305	7	we	we	PRON
fsr-3243	305	8	used	use	VERB
fsr-3243	305	9	in	in	ADP
fsr-3243	305	10	the	the	DET
fsr-3243	305	11	previous	previous	ADJ
fsr-3243	305	12	section	section	NOUN
fsr-3243	305	13	,	,	PUNCT
fsr-3243	305	14	which	which	PRON
fsr-3243	305	15	we	we	PRON
fsr-3243	305	16	now	now	ADV
fsr-3243	305	17	show	show	VERB
fsr-3243	305	18	in	in	ADP
fsr-3243	305	19	fig	fig	NOUN
fsr-3243	305	20	.	.	PUNCT
fsr-3243	306	1	14	14	NUM
fsr-3243	306	2	as	as	ADP
fsr-3243	306	3	“	"	PUNCT
fsr-3243	306	4	sticky	sticky	ADJ
fsr-3243	306	5	median	median	NOUN
fsr-3243	306	6	with	with	ADP
fsr-3243	306	7	70	70	NUM
fsr-3243	306	8	-	-	PUNCT
fsr-3243	306	9	point	point	NOUN
fsr-3243	306	10	tolerance	tolerance	NOUN
fsr-3243	306	11	and	and	CCONJ
fsr-3243	306	12	recentering	recentere	VERB
fsr-3243	306	13	.	.	PUNCT
fsr-3243	306	14	”	"	PUNCT
fsr-3243	307	1	as	as	SCONJ
fsr-3243	307	2	discussed	discuss	VERB
fsr-3243	307	3	above	above	ADV
fsr-3243	307	4	,	,	PUNCT
fsr-3243	307	5	this	this	DET
fsr-3243	307	6	strategy	strategy	NOUN
fsr-3243	307	7	uses	use	VERB
fsr-3243	307	8	the	the	DET
fsr-3243	307	9	central	central	ADJ
fsr-3243	307	10	value	value	NOUN
fsr-3243	307	11	(	(	PUNCT
fsr-3243	307	12	the	the	DET
fsr-3243	307	13	median	median	NOUN
fsr-3243	307	14	)	)	PUNCT
fsr-3243	307	15	in	in	ADP
fsr-3243	307	16	the	the	DET
fsr-3243	307	17	30	30	NUM
fsr-3243	307	18	-	-	PUNCT
fsr-3243	307	19	year	year	NOUN
fsr-3243	307	20	pwa	pwa	NOUN
fsr-3243	307	21	distribution	distribution	NOUN
fsr-3243	307	22	as	as	ADP
fsr-3243	307	23	the	the	DET
fsr-3243	307	24	initial	initial	ADJ
fsr-3243	307	25	fig	fig	NOUN
fsr-3243	307	26	.	.	PUNCT
fsr-3243	308	1	11	11	NUM
fsr-3243	308	2	.	.	NOUN
fsr-3243	309	1	same	same	ADJ
fsr-3243	309	2	as	as	ADP
fsr-3243	309	3	fig	fig	NOUN
fsr-3243	309	4	.	.	PUNCT
fsr-3243	310	1	10	10	NUM
fsr-3243	310	2	,	,	PUNCT
fsr-3243	310	3	but	but	CCONJ
fsr-3243	310	4	this	this	DET
fsr-3243	310	5	time	time	NOUN
fsr-3243	310	6	the	the	DET
fsr-3243	310	7	sequence	sequence	NOUN
fsr-3243	310	8	of	of	ADP
fsr-3243	310	9	returns	return	NOUN
fsr-3243	310	10	to	to	PART
fsr-3243	310	11	which	which	PRON
fsr-3243	310	12	the	the	DET
fsr-3243	310	13	strategy	strategy	NOUN
fsr-3243	310	14	was	be	AUX
fsr-3243	310	15	applied	apply	VERB
fsr-3243	310	16	had	have	VERB
fsr-3243	310	17	a	a	DET
fsr-3243	310	18	pwa	pwa	NOUN
fsr-3243	310	19	of	of	ADP
fsr-3243	310	20	$	$	SYM
fsr-3243	310	21	118,498	118,498	NUM
fsr-3243	310	22	.	.	PUNCT
fsr-3243	311	1	fig	fig	NOUN
fsr-3243	311	2	.	.	PUNCT
fsr-3243	312	1	4	4	NUM
fsr-3243	312	2	shows	show	VERB
fsr-3243	312	3	this	this	PRON
fsr-3243	312	4	is	be	AUX
fsr-3243	312	5	unusually	unusually	ADV
fsr-3243	312	6	high	high	ADJ
fsr-3243	312	7	,	,	PUNCT
fsr-3243	312	8	so	so	SCONJ
fsr-3243	312	9	the	the	DET
fsr-3243	312	10	strategy	strategy	NOUN
fsr-3243	312	11	is	be	AUX
fsr-3243	312	12	“	"	PUNCT
fsr-3243	312	13	surprised	surprised	ADJ
fsr-3243	312	14	”	"	PUNCT
fsr-3243	312	15	and	and	CCONJ
fsr-3243	312	16	reacts	react	VERB
fsr-3243	312	17	by	by	ADP
fsr-3243	312	18	increasing	increase	VERB
fsr-3243	312	19	the	the	DET
fsr-3243	312	20	withdrawal	withdrawal	NOUN
fsr-3243	312	21	amount	amount	NOUN
fsr-3243	312	22	markedly	markedly	ADV
fsr-3243	312	23	and	and	CCONJ
fsr-3243	312	24	frequently	frequently	ADV
fsr-3243	312	25	.	.	PUNCT
fsr-3243	313	1	348	348	NUM
fsr-3243	313	2	e.d	e.d	PROPN
fsr-3243	313	3	.	.	PROPN
fsr-3243	313	4	suarez	suarez	PROPN
fsr-3243	313	5	et	et	PROPN
fsr-3243	313	6	al	al	PROPN
fsr-3243	313	7	.	.	PUNCT
fsr-3243	313	8	/	/	SYM
fsr-3243	313	9	financial	financial	ADJ
fsr-3243	313	10	services	service	NOUN
fsr-3243	313	11	review	review	VERB
fsr-3243	313	12	24	24	NUM
fsr-3243	313	13	(	(	PUNCT
fsr-3243	313	14	2015	2015	NUM
fsr-3243	313	15	)	)	PUNCT
fsr-3243	313	16	331–357	331–357	NUM
fsr-3243	313	17	withdrawal	withdrawal	NOUN
fsr-3243	313	18	amount	amount	NOUN
fsr-3243	313	19	.	.	PUNCT
fsr-3243	314	1	then	then	ADV
fsr-3243	314	2	it	it	PRON
fsr-3243	314	3	focuses	focus	VERB
fsr-3243	314	4	on	on	ADP
fsr-3243	314	5	stability	stability	NOUN
fsr-3243	314	6	and	and	CCONJ
fsr-3243	314	7	withdraws	withdraw	VERB
fsr-3243	314	8	the	the	DET
fsr-3243	314	9	same	same	ADJ
fsr-3243	314	10	amount	amount	NOUN
fsr-3243	314	11	every	every	DET
fsr-3243	314	12	year	year	NOUN
fsr-3243	314	13	,	,	PUNCT
fsr-3243	314	14	but	but	CCONJ
fsr-3243	314	15	only	only	ADV
fsr-3243	314	16	if	if	SCONJ
fsr-3243	314	17	it	it	PRON
fsr-3243	314	18	is	be	AUX
fsr-3243	314	19	“	"	PUNCT
fsr-3243	314	20	reasonable	reasonable	ADJ
fsr-3243	314	21	”	"	PUNCT
fsr-3243	314	22	to	to	PART
fsr-3243	314	23	do	do	VERB
fsr-3243	314	24	so	so	ADV
fsr-3243	314	25	.	.	PUNCT
fsr-3243	315	1	when	when	SCONJ
fsr-3243	315	2	taking	take	VERB
fsr-3243	315	3	out	out	ADP
fsr-3243	315	4	the	the	DET
fsr-3243	315	5	same	same	ADJ
fsr-3243	315	6	amount	amount	NOUN
fsr-3243	315	7	implies	imply	VERB
fsr-3243	315	8	falling	fall	VERB
fsr-3243	315	9	outside	outside	ADP
fsr-3243	315	10	the	the	DET
fsr-3243	315	11	70	70	NUM
fsr-3243	315	12	-	-	PUNCT
fsr-3243	315	13	point	point	NOUN
fsr-3243	315	14	confidence	confidence	NOUN
fsr-3243	315	15	interval	interval	NOUN
fsr-3243	315	16	centered	center	VERB
fsr-3243	315	17	at	at	ADP
fsr-3243	315	18	50	50	NUM
fsr-3243	315	19	%	%	NOUN
fsr-3243	315	20	(	(	PUNCT
fsr-3243	315	21	between	between	ADP
fsr-3243	315	22	85	85	NUM
fsr-3243	315	23	%	%	NOUN
fsr-3243	315	24	and	and	CCONJ
fsr-3243	315	25	15	15	NUM
fsr-3243	315	26	%	%	NOUN
fsr-3243	315	27	)	)	PUNCT
fsr-3243	315	28	,	,	PUNCT
fsr-3243	315	29	we	we	PRON
fsr-3243	315	30	adjust	adjust	VERB
fsr-3243	315	31	the	the	DET
fsr-3243	315	32	withdrawal	withdrawal	NOUN
fsr-3243	315	33	and	and	CCONJ
fsr-3243	315	34	go	go	VERB
fsr-3243	315	35	back	back	ADV
fsr-3243	315	36	to	to	ADP
fsr-3243	315	37	the	the	DET
fsr-3243	315	38	center	center	NOUN
fsr-3243	315	39	of	of	ADP
fsr-3243	315	40	the	the	DET
fsr-3243	315	41	current	current	ADJ
fsr-3243	315	42	pwa	pwa	PROPN
fsr-3243	315	43	distribution	distribution	NOUN
fsr-3243	315	44	.	.	PUNCT
fsr-3243	316	1	therefore	therefore	ADV
fsr-3243	316	2	,	,	PUNCT
fsr-3243	316	3	the	the	DET
fsr-3243	316	4	strategy	strategy	NOUN
fsr-3243	316	5	effectively	effectively	ADV
fsr-3243	316	6	starts	start	VERB
fsr-3243	316	7	over	over	ADP
fsr-3243	316	8	or	or	CCONJ
fsr-3243	316	9	“	"	PUNCT
fsr-3243	316	10	recenters	recenter	NOUN
fsr-3243	316	11	”	"	PUNCT
fsr-3243	316	12	when	when	SCONJ
fsr-3243	316	13	it	it	PRON
fsr-3243	316	14	deems	deem	VERB
fsr-3243	316	15	that	that	SCONJ
fsr-3243	316	16	it	it	PRON
fsr-3243	316	17	is	be	AUX
fsr-3243	316	18	no	no	ADV
fsr-3243	316	19	longer	long	ADV
fsr-3243	316	20	prudent	prudent	ADJ
fsr-3243	316	21	to	to	PART
fsr-3243	316	22	favor	favor	VERB
fsr-3243	316	23	steadiness	steadiness	NOUN
fsr-3243	316	24	over	over	ADP
fsr-3243	316	25	safety	safety	NOUN
fsr-3243	316	26	(	(	PUNCT
fsr-3243	316	27	failure	failure	NOUN
fsr-3243	316	28	-	-	PUNCT
fsr-3243	316	29	wise	wise	ADJ
fsr-3243	316	30	or	or	CCONJ
fsr-3243	316	31	surplus	surplus	NOUN
fsr-3243	316	32	-	-	PUNCT
fsr-3243	316	33	wise	wise	ADJ
fsr-3243	316	34	)	)	PUNCT
fsr-3243	316	35	.	.	PUNCT
fsr-3243	317	1	the	the	DET
fsr-3243	317	2	median	median	NOUN
fsr-3243	317	3	of	of	ADP
fsr-3243	317	4	the	the	DET
fsr-3243	317	5	30	30	NUM
fsr-3243	317	6	-	-	PUNCT
fsr-3243	317	7	year	year	NOUN
fsr-3243	317	8	pwa	pwa	PROPN
fsr-3243	317	9	chart	chart	NOUN
fsr-3243	317	10	is	be	AUX
fsr-3243	317	11	$	$	SYM
fsr-3243	317	12	70,465	70,465	NUM
fsr-3243	317	13	(	(	PUNCT
fsr-3243	317	14	see	see	VERB
fsr-3243	317	15	fig	fig	NOUN
fsr-3243	317	16	.	.	PUNCT
fsr-3243	318	1	4	4	NUM
fsr-3243	318	2	)	)	PUNCT
fsr-3243	318	3	,	,	PUNCT
fsr-3243	318	4	so	so	CCONJ
fsr-3243	318	5	the	the	DET
fsr-3243	318	6	strategy	strategy	NOUN
fsr-3243	318	7	kicks	kick	VERB
fsr-3243	318	8	off	off	ADP
fsr-3243	318	9	with	with	ADP
fsr-3243	318	10	that	that	PRON
fsr-3243	318	11	,	,	PUNCT
fsr-3243	318	12	and	and	CCONJ
fsr-3243	318	13	then	then	ADV
fsr-3243	318	14	it	it	PRON
fsr-3243	318	15	keeps	keep	VERB
fsr-3243	318	16	the	the	DET
fsr-3243	318	17	amount	amount	NOUN
fsr-3243	318	18	steady	steady	ADJ
fsr-3243	318	19	for	for	ADP
fsr-3243	318	20	a	a	DET
fsr-3243	318	21	number	number	NOUN
fsr-3243	318	22	of	of	ADP
fsr-3243	318	23	years	year	NOUN
fsr-3243	318	24	.	.	PUNCT
fsr-3243	319	1	we	we	PRON
fsr-3243	319	2	see	see	VERB
fsr-3243	319	3	how	how	SCONJ
fsr-3243	319	4	the	the	DET
fsr-3243	319	5	upper	upper	ADJ
fsr-3243	319	6	bound	bind	VERB
fsr-3243	319	7	gets	get	VERB
fsr-3243	319	8	close	close	ADJ
fsr-3243	319	9	to	to	ADP
fsr-3243	319	10	the	the	DET
fsr-3243	319	11	withdrawal	withdrawal	NOUN
fsr-3243	319	12	amount	amount	NOUN
fsr-3243	319	13	in	in	ADP
fsr-3243	319	14	year	year	NOUN
fsr-3243	319	15	7	7	NUM
fsr-3243	319	16	,	,	PUNCT
fsr-3243	319	17	but	but	CCONJ
fsr-3243	319	18	the	the	DET
fsr-3243	319	19	strategy	strategy	NOUN
fsr-3243	319	20	stays	stay	VERB
fsr-3243	319	21	the	the	DET
fsr-3243	319	22	course	course	NOUN
fsr-3243	319	23	because	because	SCONJ
fsr-3243	319	24	the	the	DET
fsr-3243	319	25	confidence	confidence	NOUN
fsr-3243	319	26	level	level	NOUN
fsr-3243	319	27	is	be	AUX
fsr-3243	319	28	25	25	NUM
fsr-3243	319	29	%	%	NOUN
fsr-3243	319	30	(	(	PUNCT
fsr-3243	319	31	low	low	ADJ
fsr-3243	319	32	,	,	PUNCT
fsr-3243	319	33	but	but	CCONJ
fsr-3243	319	34	still	still	ADV
fsr-3243	319	35	allowed	allow	VERB
fsr-3243	319	36	)	)	PUNCT
fsr-3243	319	37	.	.	PUNCT
fsr-3243	320	1	the	the	DET
fsr-3243	320	2	opposite	opposite	NOUN
fsr-3243	320	3	happens	happen	VERB
fsr-3243	320	4	in	in	ADP
fsr-3243	320	5	year	year	NOUN
fsr-3243	320	6	20	20	NUM
fsr-3243	320	7	,	,	PUNCT
fsr-3243	320	8	when	when	SCONJ
fsr-3243	320	9	the	the	DET
fsr-3243	320	10	lower	low	ADJ
fsr-3243	320	11	bound	bind	VERB
fsr-3243	320	12	closes	close	NOUN
fsr-3243	320	13	in	in	ADP
fsr-3243	320	14	,	,	PUNCT
fsr-3243	320	15	but	but	CCONJ
fsr-3243	320	16	again	again	ADV
fsr-3243	320	17	the	the	DET
fsr-3243	320	18	reins	rein	NOUN
fsr-3243	320	19	are	be	AUX
fsr-3243	320	20	held	hold	VERB
fsr-3243	320	21	tight	tight	ADJ
fsr-3243	320	22	because	because	SCONJ
fsr-3243	320	23	the	the	DET
fsr-3243	320	24	confidence	confidence	NOUN
fsr-3243	320	25	level	level	NOUN
fsr-3243	320	26	only	only	ADV
fsr-3243	320	27	reaches	reach	VERB
fsr-3243	320	28	75	75	NUM
fsr-3243	320	29	%	%	NOUN
fsr-3243	320	30	.	.	PUNCT
fsr-3243	321	1	the	the	DET
fsr-3243	321	2	tolerance	tolerance	NOUN
fsr-3243	321	3	range	range	NOUN
fsr-3243	321	4	is	be	AUX
fsr-3243	321	5	not	not	PART
fsr-3243	321	6	“	"	PUNCT
fsr-3243	321	7	pierced	pierce	VERB
fsr-3243	321	8	”	"	PUNCT
fsr-3243	321	9	until	until	ADP
fsr-3243	321	10	year	year	NOUN
fsr-3243	321	11	23	23	NUM
fsr-3243	321	12	,	,	PUNCT
fsr-3243	321	13	when	when	SCONJ
fsr-3243	321	14	holding	hold	VERB
fsr-3243	321	15	on	on	ADP
fsr-3243	321	16	to	to	ADP
fsr-3243	321	17	the	the	DET
fsr-3243	321	18	previous	previous	ADJ
fsr-3243	321	19	withdrawal	withdrawal	NOUN
fsr-3243	321	20	amount	amount	NOUN
fsr-3243	321	21	would	would	AUX
fsr-3243	321	22	put	put	VERB
fsr-3243	321	23	the	the	DET
fsr-3243	321	24	account	account	NOUN
fsr-3243	321	25	at	at	ADP
fsr-3243	321	26	91	91	NUM
fsr-3243	321	27	%	%	NOUN
fsr-3243	321	28	confidence	confidence	NOUN
fsr-3243	321	29	—	—	PUNCT
fsr-3243	321	30	an	an	DET
fsr-3243	321	31	unacceptably	unacceptably	ADV
fsr-3243	321	32	high	high	ADJ
fsr-3243	321	33	risk	risk	NOUN
fsr-3243	321	34	of	of	ADP
fsr-3243	321	35	overaccumulation	overaccumulation	NOUN
fsr-3243	321	36	.	.	PUNCT
fsr-3243	322	1	we	we	PRON
fsr-3243	322	2	use	use	VERB
fsr-3243	322	3	the	the	DET
fsr-3243	322	4	balance	balance	NOUN
fsr-3243	322	5	at	at	ADP
fsr-3243	322	6	that	that	DET
fsr-3243	322	7	point	point	NOUN
fsr-3243	322	8	(	(	PUNCT
fsr-3243	322	9	$	$	SYM
fsr-3243	322	10	615,189	615,189	NUM
fsr-3243	322	11	)	)	PUNCT
fsr-3243	322	12	to	to	PART
fsr-3243	322	13	compute	compute	VERB
fsr-3243	322	14	the	the	DET
fsr-3243	322	15	pwa	pwa	PROPN
fsr-3243	322	16	distribution	distribution	NOUN
fsr-3243	322	17	with	with	ADP
fsr-3243	322	18	8	8	NUM
fsr-3243	322	19	years	year	NOUN
fsr-3243	322	20	to	to	PART
fsr-3243	322	21	go	go	VERB
fsr-3243	322	22	(	(	PUNCT
fsr-3243	322	23	year	year	NOUN
fsr-3243	322	24	23	23	NUM
fsr-3243	322	25	is	be	AUX
fsr-3243	322	26	only	only	ADV
fsr-3243	322	27	starting	start	VERB
fsr-3243	322	28	out	out	ADV
fsr-3243	322	29	)	)	PUNCT
fsr-3243	322	30	,	,	PUNCT
fsr-3243	322	31	and	and	CCONJ
fsr-3243	322	32	take	take	VERB
fsr-3243	322	33	out	out	ADP
fsr-3243	322	34	the	the	DET
fsr-3243	322	35	median	median	ADJ
fsr-3243	322	36	value	value	NOUN
fsr-3243	322	37	:	:	PUNCT
fsr-3243	322	38	$	$	SYM
fsr-3243	322	39	94,648	94,648	NUM
fsr-3243	322	40	.	.	PUNCT
fsr-3243	323	1	this	this	DET
fsr-3243	323	2	new	new	ADJ
fsr-3243	323	3	withdrawal	withdrawal	NOUN
fsr-3243	323	4	amount	amount	NOUN
fsr-3243	323	5	is	be	AUX
fsr-3243	323	6	almost	almost	ADV
fsr-3243	323	7	decreased	decrease	VERB
fsr-3243	323	8	only	only	ADV
fsr-3243	323	9	two	two	NUM
fsr-3243	323	10	years	year	NOUN
fsr-3243	323	11	later	later	ADV
fsr-3243	323	12	,	,	PUNCT
fsr-3243	323	13	when	when	SCONJ
fsr-3243	323	14	the	the	DET
fsr-3243	323	15	confidence	confidence	NOUN
fsr-3243	323	16	level	level	NOUN
fsr-3243	323	17	drops	drop	VERB
fsr-3243	323	18	to	to	ADP
fsr-3243	323	19	16	16	NUM
fsr-3243	323	20	%	%	NOUN
fsr-3243	323	21	,	,	PUNCT
fsr-3243	323	22	but	but	CCONJ
fsr-3243	323	23	the	the	DET
fsr-3243	323	24	tolerance	tolerance	NOUN
fsr-3243	323	25	range	range	NOUN
fsr-3243	323	26	is	be	AUX
fsr-3243	323	27	only	only	ADV
fsr-3243	323	28	grazed	graze	VERB
fsr-3243	323	29	and	and	CCONJ
fsr-3243	323	30	the	the	DET
fsr-3243	323	31	strategy	strategy	NOUN
fsr-3243	323	32	holds	hold	VERB
fsr-3243	323	33	steady	steady	ADJ
fsr-3243	323	34	.	.	PUNCT
fsr-3243	324	1	the	the	DET
fsr-3243	324	2	balance	balance	NOUN
fsr-3243	324	3	at	at	ADP
fsr-3243	324	4	the	the	DET
fsr-3243	324	5	beginning	beginning	NOUN
fsr-3243	324	6	of	of	ADP
fsr-3243	324	7	year	year	NOUN
fsr-3243	324	8	30	30	NUM
fsr-3243	324	9	is	be	AUX
fsr-3243	324	10	$	$	SYM
fsr-3243	324	11	71,908	71,908	NUM
fsr-3243	324	12	,	,	PUNCT
fsr-3243	324	13	which	which	PRON
fsr-3243	324	14	is	be	AUX
fsr-3243	324	15	taken	take	VERB
fsr-3243	324	16	out	out	ADP
fsr-3243	324	17	in	in	ADP
fsr-3243	324	18	full	full	ADJ
fsr-3243	324	19	as	as	ADP
fsr-3243	324	20	final	final	ADJ
fsr-3243	324	21	withdrawal	withdrawal	NOUN
fsr-3243	324	22	and	and	CCONJ
fsr-3243	324	23	creates	create	VERB
fsr-3243	324	24	the	the	DET
fsr-3243	324	25	steep	steep	ADJ
fsr-3243	324	26	drop	drop	NOUN
fsr-3243	324	27	at	at	ADP
fsr-3243	324	28	the	the	DET
fsr-3243	324	29	end	end	NOUN
fsr-3243	324	30	of	of	ADP
fsr-3243	324	31	the	the	DET
fsr-3243	324	32	chart	chart	NOUN
fsr-3243	324	33	(	(	PUNCT
fsr-3243	324	34	�	�	NOUN
fsr-3243	324	35	24	24	NUM
fsr-3243	324	36	%	%	NOUN
fsr-3243	324	37	)	)	PUNCT
fsr-3243	324	38	.	.	PUNCT
fsr-3243	325	1	the	the	DET
fsr-3243	325	2	drop	drop	NOUN
fsr-3243	325	3	is	be	AUX
fsr-3243	325	4	of	of	ADP
fsr-3243	325	5	course	course	NOUN
fsr-3243	325	6	caused	cause	VERB
fsr-3243	325	7	by	by	ADP
fsr-3243	325	8	the	the	DET
fsr-3243	325	9	terrible	terrible	ADJ
fsr-3243	325	10	return	return	NOUN
fsr-3243	325	11	rate	rate	NOUN
fsr-3243	325	12	in	in	ADP
fsr-3243	325	13	year	year	NOUN
fsr-3243	325	14	29	29	NUM
fsr-3243	325	15	(	(	PUNCT
fsr-3243	325	16	�	�	PROPN
fsr-3243	325	17	12.0	12.0	NUM
fsr-3243	325	18	%	%	NOUN
fsr-3243	325	19	)	)	PUNCT
fsr-3243	325	20	,	,	PUNCT
fsr-3243	325	21	but	but	CCONJ
fsr-3243	325	22	in	in	ADP
fsr-3243	325	23	a	a	DET
fsr-3243	325	24	sense	sense	NOUN
fsr-3243	325	25	it	it	PRON
fsr-3243	325	26	can	can	AUX
fsr-3243	325	27	also	also	ADV
fsr-3243	325	28	be	be	AUX
fsr-3243	325	29	attributed	attribute	VERB
fsr-3243	325	30	to	to	ADP
fsr-3243	325	31	the	the	DET
fsr-3243	325	32	high	high	ADJ
fsr-3243	325	33	volatility	volatility	NOUN
fsr-3243	325	34	of	of	ADP
fsr-3243	325	35	this	this	DET
fsr-3243	325	36	portfolio	portfolio	NOUN
fsr-3243	325	37	allocation	allocation	NOUN
fsr-3243	325	38	.	.	PUNCT
fsr-3243	326	1	still	still	ADV
fsr-3243	326	2	,	,	PUNCT
fsr-3243	326	3	this	this	DET
fsr-3243	326	4	final	final	ADJ
fsr-3243	326	5	amount	amount	NOUN
fsr-3243	326	6	is	be	AUX
fsr-3243	326	7	higher	high	ADJ
fsr-3243	326	8	than	than	ADP
fsr-3243	326	9	what	what	PRON
fsr-3243	326	10	fig	fig	NOUN
fsr-3243	326	11	.	.	PUNCT
fsr-3243	327	1	12	12	NUM
fsr-3243	327	2	.	.	NOUN
fsr-3243	328	1	same	same	ADJ
fsr-3243	328	2	as	as	ADP
fsr-3243	328	3	figs	fig	NOUN
fsr-3243	328	4	.	.	PUNCT
fsr-3243	329	1	10	10	NUM
fsr-3243	329	2	and	and	CCONJ
fsr-3243	329	3	11	11	NUM
fsr-3243	329	4	,	,	PUNCT
fsr-3243	329	5	but	but	CCONJ
fsr-3243	329	6	here	here	ADV
fsr-3243	329	7	the	the	DET
fsr-3243	329	8	sequence	sequence	NOUN
fsr-3243	329	9	of	of	ADP
fsr-3243	329	10	returns	return	NOUN
fsr-3243	329	11	had	have	VERB
fsr-3243	329	12	a	a	DET
fsr-3243	329	13	pwa	pwa	NOUN
fsr-3243	329	14	of	of	ADP
fsr-3243	329	15	$	$	SYM
fsr-3243	329	16	53,691	53,691	NUM
fsr-3243	329	17	.	.	PUNCT
fsr-3243	330	1	per	per	ADP
fsr-3243	330	2	fig	fig	NOUN
fsr-3243	330	3	.	.	PUNCT
fsr-3243	331	1	4	4	NUM
fsr-3243	331	2	,	,	PUNCT
fsr-3243	331	3	this	this	DET
fsr-3243	331	4	value	value	NOUN
fsr-3243	331	5	is	be	AUX
fsr-3243	331	6	in	in	ADP
fsr-3243	331	7	the	the	DET
fsr-3243	331	8	lower	low	ADJ
fsr-3243	331	9	half	half	NOUN
fsr-3243	331	10	of	of	ADP
fsr-3243	331	11	the	the	DET
fsr-3243	331	12	distribution	distribution	NOUN
fsr-3243	331	13	,	,	PUNCT
fsr-3243	331	14	so	so	CCONJ
fsr-3243	331	15	the	the	DET
fsr-3243	331	16	strategy	strategy	NOUN
fsr-3243	331	17	is	be	AUX
fsr-3243	331	18	unable	unable	ADJ
fsr-3243	331	19	to	to	PART
fsr-3243	331	20	support	support	VERB
fsr-3243	331	21	the	the	DET
fsr-3243	331	22	median	median	ADJ
fsr-3243	331	23	withdrawal	withdrawal	NOUN
fsr-3243	331	24	amount	amount	NOUN
fsr-3243	331	25	and	and	CCONJ
fsr-3243	331	26	adjusts	adjust	VERB
fsr-3243	331	27	to	to	ADP
fsr-3243	331	28	a	a	DET
fsr-3243	331	29	lower	low	ADJ
fsr-3243	331	30	level	level	NOUN
fsr-3243	331	31	.	.	PUNCT
fsr-3243	332	1	349e.d	349e.d	NUM
fsr-3243	332	2	.	.	PUNCT
fsr-3243	333	1	suarez	suarez	PROPN
fsr-3243	333	2	et	et	PROPN
fsr-3243	333	3	al	al	PROPN
fsr-3243	333	4	.	.	PUNCT
fsr-3243	333	5	/	/	SYM
fsr-3243	333	6	financial	financial	ADJ
fsr-3243	333	7	services	service	NOUN
fsr-3243	333	8	review	review	VERB
fsr-3243	333	9	24	24	NUM
fsr-3243	333	10	(	(	PUNCT
fsr-3243	333	11	2015	2015	NUM
fsr-3243	333	12	)	)	PUNCT
fsr-3243	333	13	331–357	331–357	NUM
fsr-3243	333	14	the	the	DET
fsr-3243	333	15	retiree	retiree	NOUN
fsr-3243	333	16	got	get	VERB
fsr-3243	333	17	during	during	ADP
fsr-3243	333	18	the	the	DET
fsr-3243	333	19	first	first	ADJ
fsr-3243	333	20	two	two	NUM
fsr-3243	333	21	decades	decade	NOUN
fsr-3243	333	22	and	and	CCONJ
fsr-3243	333	23	is	be	AUX
fsr-3243	333	24	also	also	ADV
fsr-3243	333	25	higher	high	ADJ
fsr-3243	333	26	than	than	ADP
fsr-3243	333	27	what	what	PRON
fsr-3243	333	28	would	would	AUX
fsr-3243	333	29	have	have	AUX
fsr-3243	333	30	been	be	AUX
fsr-3243	333	31	provided	provide	VERB
fsr-3243	333	32	by	by	ADP
fsr-3243	333	33	the	the	DET
fsr-3243	333	34	4	4	NUM
fsr-3243	333	35	%	%	NOUN
fsr-3243	333	36	rule	rule	NOUN
fsr-3243	333	37	.	.	PUNCT
fsr-3243	334	1	the	the	DET
fsr-3243	334	2	third	third	ADJ
fsr-3243	334	3	strategy	strategy	NOUN
fsr-3243	334	4	is	be	AUX
fsr-3243	334	5	a	a	DET
fsr-3243	334	6	variation	variation	NOUN
fsr-3243	334	7	of	of	ADP
fsr-3243	334	8	the	the	DET
fsr-3243	334	9	second	second	ADJ
fsr-3243	334	10	one	one	NUM
fsr-3243	334	11	.	.	PUNCT
fsr-3243	335	1	it	it	PRON
fsr-3243	335	2	is	be	AUX
fsr-3243	335	3	somewhat	somewhat	ADV
fsr-3243	335	4	exotic	exotic	ADJ
fsr-3243	335	5	,	,	PUNCT
fsr-3243	335	6	as	as	SCONJ
fsr-3243	335	7	we	we	PRON
fsr-3243	335	8	modify	modify	VERB
fsr-3243	335	9	the	the	DET
fsr-3243	335	10	three	three	NUM
fsr-3243	335	11	main	main	ADJ
fsr-3243	335	12	parameters	parameter	NOUN
fsr-3243	335	13	of	of	ADP
fsr-3243	335	14	sticky	sticky	ADJ
fsr-3243	335	15	median	median	NOUN
fsr-3243	335	16	to	to	PART
fsr-3243	335	17	illustrate	illustrate	VERB
fsr-3243	335	18	the	the	DET
fsr-3243	335	19	flexibility	flexibility	NOUN
fsr-3243	335	20	in	in	ADP
fsr-3243	335	21	strategy	strategy	NOUN
fsr-3243	335	22	design	design	NOUN
fsr-3243	335	23	provided	provide	VERB
fsr-3243	335	24	by	by	ADP
fsr-3243	335	25	the	the	DET
fsr-3243	335	26	pwa	pwa	PROPN
fsr-3243	335	27	framework	framework	NOUN
fsr-3243	335	28	.	.	PUNCT
fsr-3243	336	1	this	this	DET
fsr-3243	336	2	version	version	NOUN
fsr-3243	336	3	kicks	kick	VERB
fsr-3243	336	4	off	off	ADP
fsr-3243	336	5	by	by	ADP
fsr-3243	336	6	withdrawing	withdraw	VERB
fsr-3243	336	7	the	the	DET
fsr-3243	336	8	amount	amount	NOUN
fsr-3243	336	9	at	at	ADP
fsr-3243	336	10	the	the	DET
fsr-3243	336	11	75	75	NUM
fsr-3243	336	12	%	%	NOUN
fsr-3243	336	13	safety	safety	NOUN
fsr-3243	336	14	level	level	NOUN
fsr-3243	336	15	in	in	ADP
fsr-3243	336	16	the	the	DET
fsr-3243	336	17	pwa	pwa	PROPN
fsr-3243	336	18	distribution	distribution	NOUN
fsr-3243	336	19	,	,	PUNCT
fsr-3243	336	20	so	so	CCONJ
fsr-3243	336	21	it	it	PRON
fsr-3243	336	22	is	be	AUX
fsr-3243	336	23	more	more	ADV
fsr-3243	336	24	conservative	conservative	ADJ
fsr-3243	336	25	than	than	ADP
fsr-3243	336	26	sticky	sticky	ADJ
fsr-3243	336	27	median	median	NOUN
fsr-3243	336	28	,	,	PUNCT
fsr-3243	336	29	which	which	PRON
fsr-3243	336	30	starts	start	VERB
fsr-3243	336	31	at	at	ADP
fsr-3243	336	32	50	50	NUM
fsr-3243	336	33	%	%	NOUN
fsr-3243	336	34	.	.	PUNCT
fsr-3243	337	1	then	then	ADV
fsr-3243	337	2	we	we	PRON
fsr-3243	337	3	narrow	narrow	VERB
fsr-3243	337	4	the	the	DET
fsr-3243	337	5	tolerance	tolerance	NOUN
fsr-3243	337	6	range	range	NOUN
fsr-3243	337	7	around	around	ADP
fsr-3243	337	8	the	the	DET
fsr-3243	337	9	base	base	NOUN
fsr-3243	337	10	safety	safety	NOUN
fsr-3243	337	11	level	level	NOUN
fsr-3243	337	12	to	to	ADP
fsr-3243	337	13	30	30	NUM
fsr-3243	337	14	points	point	NOUN
fsr-3243	337	15	,	,	PUNCT
fsr-3243	337	16	so	so	SCONJ
fsr-3243	337	17	it	it	PRON
fsr-3243	337	18	now	now	ADV
fsr-3243	337	19	spans	span	VERB
fsr-3243	337	20	the	the	DET
fsr-3243	337	21	interval	interval	NOUN
fsr-3243	337	22	from	from	ADP
fsr-3243	337	23	60	60	NUM
fsr-3243	337	24	%	%	NOUN
fsr-3243	337	25	to	to	PART
fsr-3243	337	26	90	90	NUM
fsr-3243	337	27	%	%	NOUN
fsr-3243	337	28	.	.	PUNCT
fsr-3243	338	1	this	this	PRON
fsr-3243	338	2	means	mean	VERB
fsr-3243	338	3	it	it	PRON
fsr-3243	338	4	stays	stay	VERB
fsr-3243	338	5	closer	close	ADV
fsr-3243	338	6	to	to	ADP
fsr-3243	338	7	the	the	DET
fsr-3243	338	8	level	level	NOUN
fsr-3243	338	9	of	of	ADP
fsr-3243	338	10	risk	risk	NOUN
fsr-3243	338	11	with	with	ADP
fsr-3243	338	12	which	which	PRON
fsr-3243	338	13	the	the	DET
fsr-3243	338	14	retiree	retiree	NOUN
fsr-3243	338	15	feels	feel	VERB
fsr-3243	338	16	most	most	ADV
fsr-3243	338	17	comfortable	comfortable	ADJ
fsr-3243	338	18	(	(	PUNCT
fsr-3243	338	19	compared	compare	VERB
fsr-3243	338	20	with	with	ADP
fsr-3243	338	21	sticky	sticky	ADJ
fsr-3243	338	22	median	median	NOUN
fsr-3243	338	23	)	)	PUNCT
fsr-3243	338	24	,	,	PUNCT
fsr-3243	338	25	but	but	CCONJ
fsr-3243	338	26	it	it	PRON
fsr-3243	338	27	demands	demand	VERB
fsr-3243	338	28	more	more	ADJ
fsr-3243	338	29	frequent	frequent	ADJ
fsr-3243	338	30	adjustments	adjustment	NOUN
fsr-3243	338	31	to	to	ADP
fsr-3243	338	32	the	the	DET
fsr-3243	338	33	withdrawal	withdrawal	NOUN
fsr-3243	338	34	amount	amount	NOUN
fsr-3243	338	35	because	because	SCONJ
fsr-3243	338	36	it	it	PRON
fsr-3243	338	37	allows	allow	VERB
fsr-3243	338	38	less	less	ADJ
fsr-3243	338	39	“	"	PUNCT
fsr-3243	338	40	straying	stray	VERB
fsr-3243	338	41	.	.	PUNCT
fsr-3243	338	42	”	"	PUNCT
fsr-3243	339	1	therefore	therefore	ADV
fsr-3243	339	2	,	,	PUNCT
fsr-3243	339	3	the	the	DET
fsr-3243	339	4	third	third	ADJ
fsr-3243	339	5	change	change	NOUN
fsr-3243	339	6	is	be	AUX
fsr-3243	339	7	in	in	ADP
fsr-3243	339	8	how	how	SCONJ
fsr-3243	339	9	are	be	AUX
fsr-3243	339	10	the	the	DET
fsr-3243	339	11	adjustments	adjustment	NOUN
fsr-3243	339	12	applied	apply	VERB
fsr-3243	339	13	;	;	PUNCT
fsr-3243	339	14	instead	instead	ADV
fsr-3243	339	15	of	of	ADP
fsr-3243	339	16	going	go	VERB
fsr-3243	339	17	back	back	ADV
fsr-3243	339	18	to	to	ADP
fsr-3243	339	19	the	the	DET
fsr-3243	339	20	original	original	ADJ
fsr-3243	339	21	safety	safety	NOUN
fsr-3243	339	22	level	level	NOUN
fsr-3243	339	23	(	(	PUNCT
fsr-3243	339	24	75	75	NUM
fsr-3243	339	25	%	%	NOUN
fsr-3243	339	26	)	)	PUNCT
fsr-3243	339	27	,	,	PUNCT
fsr-3243	339	28	this	this	DET
fsr-3243	339	29	time	time	NOUN
fsr-3243	339	30	the	the	DET
fsr-3243	339	31	strategy	strategy	NOUN
fsr-3243	339	32	“	"	PUNCT
fsr-3243	339	33	pushes	push	VERB
fsr-3243	339	34	”	"	PUNCT
fsr-3243	339	35	the	the	DET
fsr-3243	339	36	withdrawal	withdrawal	NOUN
fsr-3243	339	37	amount	amount	NOUN
fsr-3243	339	38	(	(	PUNCT
fsr-3243	339	39	up	up	ADV
fsr-3243	339	40	or	or	CCONJ
fsr-3243	339	41	down	down	ADV
fsr-3243	339	42	)	)	PUNCT
fsr-3243	339	43	by	by	ADP
fsr-3243	339	44	the	the	DET
fsr-3243	339	45	minimum	minimum	ADJ
fsr-3243	339	46	amount	amount	NOUN
fsr-3243	339	47	necessary	necessary	ADJ
fsr-3243	339	48	to	to	PART
fsr-3243	339	49	get	get	VERB
fsr-3243	339	50	back	back	ADV
fsr-3243	339	51	into	into	ADP
fsr-3243	339	52	the	the	DET
fsr-3243	339	53	tolerance	tolerance	NOUN
fsr-3243	339	54	range	range	NOUN
fsr-3243	339	55	.	.	PUNCT
fsr-3243	340	1	this	this	DET
fsr-3243	340	2	adjustment	adjustment	NOUN
fsr-3243	340	3	procedure	procedure	NOUN
fsr-3243	340	4	is	be	AUX
fsr-3243	340	5	more	more	ADV
fsr-3243	340	6	subtle	subtle	ADJ
fsr-3243	340	7	than	than	ADP
fsr-3243	340	8	recentering	recentere	VERB
fsr-3243	340	9	,	,	PUNCT
fsr-3243	340	10	but	but	CCONJ
fsr-3243	340	11	it	it	PRON
fsr-3243	340	12	asks	ask	VERB
fsr-3243	340	13	for	for	SCONJ
fsr-3243	340	14	the	the	DET
fsr-3243	340	15	retiree	retiree	NOUN
fsr-3243	340	16	to	to	PART
fsr-3243	340	17	live	live	VERB
fsr-3243	340	18	at	at	ADP
fsr-3243	340	19	the	the	DET
fsr-3243	340	20	very	very	ADJ
fsr-3243	340	21	edge	edge	NOUN
fsr-3243	340	22	of	of	ADP
fsr-3243	340	23	his	his	PRON
fsr-3243	340	24	risk	risk	NOUN
fsr-3243	340	25	preference	preference	NOUN
fsr-3243	340	26	in	in	ADP
fsr-3243	340	27	some	some	DET
fsr-3243	340	28	years	year	NOUN
fsr-3243	340	29	.	.	PUNCT
fsr-3243	341	1	these	these	DET
fsr-3243	341	2	changes	change	NOUN
fsr-3243	341	3	produce	produce	VERB
fsr-3243	341	4	a	a	DET
fsr-3243	341	5	peculiar	peculiar	ADJ
fsr-3243	341	6	but	but	CCONJ
fsr-3243	341	7	very	very	ADV
fsr-3243	341	8	reasonable	reasonable	ADJ
fsr-3243	341	9	strategy	strategy	NOUN
fsr-3243	341	10	,	,	PUNCT
fsr-3243	341	11	which	which	PRON
fsr-3243	341	12	we	we	PRON
fsr-3243	341	13	have	have	AUX
fsr-3243	341	14	called	call	VERB
fsr-3243	341	15	“	"	PUNCT
fsr-3243	341	16	sticky	sticky	ADJ
fsr-3243	341	17	first	first	ADJ
fsr-3243	341	18	quartile	quartile	NOUN
fsr-3243	341	19	with	with	ADP
fsr-3243	341	20	30	30	NUM
fsr-3243	341	21	point	point	NOUN
fsr-3243	341	22	tolerance	tolerance	NOUN
fsr-3243	341	23	and	and	CCONJ
fsr-3243	341	24	nudging	nudging	NOUN
fsr-3243	341	25	”	"	PUNCT
fsr-3243	341	26	and	and	CCONJ
fsr-3243	341	27	is	be	AUX
fsr-3243	341	28	shown	show	VERB
fsr-3243	341	29	in	in	ADP
fsr-3243	341	30	fig	fig	NOUN
fsr-3243	341	31	.	.	PUNCT
fsr-3243	342	1	15.13	15.13	NUM
fsr-3243	342	2	the	the	DET
fsr-3243	342	3	most	most	ADV
fsr-3243	342	4	noticeable	noticeable	ADJ
fsr-3243	342	5	change	change	NOUN
fsr-3243	342	6	in	in	ADP
fsr-3243	342	7	the	the	DET
fsr-3243	342	8	resulting	result	VERB
fsr-3243	342	9	withdrawal	withdrawal	NOUN
fsr-3243	342	10	path	path	NOUN
fsr-3243	342	11	is	be	AUX
fsr-3243	342	12	its	its	PRON
fsr-3243	342	13	upward	upward	ADJ
fsr-3243	342	14	trend	trend	NOUN
fsr-3243	342	15	,	,	PUNCT
fsr-3243	342	16	which	which	PRON
fsr-3243	342	17	is	be	AUX
fsr-3243	342	18	a	a	DET
fsr-3243	342	19	result	result	NOUN
fsr-3243	342	20	of	of	ADP
fsr-3243	342	21	the	the	DET
fsr-3243	342	22	higher	high	ADJ
fsr-3243	342	23	safety	safety	NOUN
fsr-3243	342	24	level	level	NOUN
fsr-3243	342	25	used	use	VERB
fsr-3243	342	26	.	.	PUNCT
fsr-3243	343	1	the	the	DET
fsr-3243	343	2	initial	initial	ADJ
fsr-3243	343	3	withdrawal	withdrawal	NOUN
fsr-3243	343	4	amount	amount	NOUN
fsr-3243	343	5	is	be	AUX
fsr-3243	343	6	$	$	SYM
fsr-3243	343	7	55,025	55,025	NUM
fsr-3243	343	8	(	(	PUNCT
fsr-3243	343	9	75	75	NUM
fsr-3243	343	10	%	%	NOUN
fsr-3243	343	11	safe	safe	ADJ
fsr-3243	343	12	)	)	PUNCT
fsr-3243	343	13	fig	fig	NOUN
fsr-3243	343	14	.	.	PUNCT
fsr-3243	344	1	13	13	NUM
fsr-3243	344	2	.	.	PUNCT
fsr-3243	345	1	the	the	DET
fsr-3243	345	2	4	4	NUM
fsr-3243	345	3	%	%	NOUN
fsr-3243	345	4	rule	rule	NOUN
fsr-3243	345	5	is	be	AUX
fsr-3243	345	6	used	use	VERB
fsr-3243	345	7	with	with	ADP
fsr-3243	345	8	the	the	DET
fsr-3243	345	9	sequence	sequence	NOUN
fsr-3243	345	10	of	of	ADP
fsr-3243	345	11	returns	return	NOUN
fsr-3243	345	12	in	in	ADP
fsr-3243	345	13	fig	fig	NOUN
fsr-3243	345	14	.	.	PUNCT
fsr-3243	346	1	1	1	NUM
fsr-3243	346	2	.	.	X
fsr-3243	346	3	as	as	SCONJ
fsr-3243	346	4	the	the	DET
fsr-3243	346	5	planning	planning	NOUN
fsr-3243	346	6	horizon	horizon	NOUN
fsr-3243	346	7	shortens	shorten	VERB
fsr-3243	346	8	and	and	CCONJ
fsr-3243	346	9	the	the	DET
fsr-3243	346	10	account	account	NOUN
fsr-3243	346	11	balance	balance	NOUN
fsr-3243	346	12	rises	rise	VERB
fsr-3243	346	13	,	,	PUNCT
fsr-3243	346	14	it	it	PRON
fsr-3243	346	15	becomes	become	VERB
fsr-3243	346	16	less	less	ADV
fsr-3243	346	17	likely	likely	ADJ
fsr-3243	346	18	that	that	SCONJ
fsr-3243	346	19	$	$	SYM
fsr-3243	346	20	40,000	40,000	NUM
fsr-3243	346	21	will	will	AUX
fsr-3243	346	22	end	end	VERB
fsr-3243	346	23	up	up	ADP
fsr-3243	346	24	being	be	AUX
fsr-3243	346	25	the	the	DET
fsr-3243	346	26	pwa	pwa	PROPN
fsr-3243	346	27	.	.	PUNCT
fsr-3243	347	1	this	this	PRON
fsr-3243	347	2	increases	increase	VERB
fsr-3243	347	3	the	the	DET
fsr-3243	347	4	confidence	confidence	NOUN
fsr-3243	347	5	level	level	NOUN
fsr-3243	347	6	,	,	PUNCT
fsr-3243	347	7	even	even	ADV
fsr-3243	347	8	though	though	SCONJ
fsr-3243	347	9	the	the	DET
fsr-3243	347	10	withdrawal	withdrawal	NOUN
fsr-3243	347	11	amount	amount	NOUN
fsr-3243	347	12	is	be	AUX
fsr-3243	347	13	always	always	ADV
fsr-3243	347	14	the	the	DET
fsr-3243	347	15	same	same	ADJ
fsr-3243	347	16	.	.	PUNCT
fsr-3243	348	1	after	after	ADP
fsr-3243	348	2	30	30	NUM
fsr-3243	348	3	years	year	NOUN
fsr-3243	348	4	,	,	PUNCT
fsr-3243	348	5	the	the	DET
fsr-3243	348	6	account	account	NOUN
fsr-3243	348	7	bequeaths	bequeath	NOUN
fsr-3243	348	8	more	more	ADJ
fsr-3243	348	9	than	than	ADP
fsr-3243	348	10	$	$	SYM
fsr-3243	348	11	3	3	NUM
fsr-3243	348	12	million	million	NUM
fsr-3243	348	13	.	.	PUNCT
fsr-3243	349	1	350	350	NUM
fsr-3243	349	2	e.d	e.d	PROPN
fsr-3243	349	3	.	.	PROPN
fsr-3243	349	4	suarez	suarez	PROPN
fsr-3243	349	5	et	et	PROPN
fsr-3243	349	6	al	al	PROPN
fsr-3243	349	7	.	.	PUNCT
fsr-3243	349	8	/	/	SYM
fsr-3243	349	9	financial	financial	ADJ
fsr-3243	349	10	services	service	NOUN
fsr-3243	349	11	review	review	VERB
fsr-3243	349	12	24	24	NUM
fsr-3243	349	13	(	(	PUNCT
fsr-3243	349	14	2015	2015	NUM
fsr-3243	349	15	)	)	PUNCT
fsr-3243	349	16	331–357	331–357	NUM
fsr-3243	349	17	and	and	CCONJ
fsr-3243	349	18	from	from	ADP
fsr-3243	349	19	there	there	ADV
fsr-3243	349	20	the	the	DET
fsr-3243	349	21	lower	low	ADJ
fsr-3243	349	22	bound	bind	VERB
fsr-3243	349	23	of	of	ADP
fsr-3243	349	24	the	the	DET
fsr-3243	349	25	tolerance	tolerance	NOUN
fsr-3243	349	26	range	range	NOUN
fsr-3243	349	27	keeps	keep	VERB
fsr-3243	349	28	nudging	nudge	VERB
fsr-3243	349	29	the	the	DET
fsr-3243	349	30	amount	amount	NOUN
fsr-3243	349	31	higher	high	ADJ
fsr-3243	349	32	.	.	PUNCT
fsr-3243	350	1	the	the	DET
fsr-3243	350	2	only	only	ADJ
fsr-3243	350	3	downward	downward	ADJ
fsr-3243	350	4	adjustment	adjustment	NOUN
fsr-3243	350	5	comes	come	VERB
fsr-3243	350	6	at	at	ADP
fsr-3243	350	7	the	the	DET
fsr-3243	350	8	very	very	ADJ
fsr-3243	350	9	end	end	NOUN
fsr-3243	350	10	,	,	PUNCT
fsr-3243	350	11	and	and	CCONJ
fsr-3243	350	12	is	be	AUX
fsr-3243	350	13	very	very	ADV
fsr-3243	350	14	slight	slight	ADJ
fsr-3243	350	15	.	.	PUNCT
fsr-3243	351	1	after	after	ADP
fsr-3243	351	2	withdrawing	withdraw	VERB
fsr-3243	351	3	$	$	SYM
fsr-3243	351	4	199,620	199,620	NUM
fsr-3243	351	5	in	in	ADP
fsr-3243	351	6	year	year	NOUN
fsr-3243	351	7	29	29	NUM
fsr-3243	351	8	and	and	CCONJ
fsr-3243	351	9	taking	take	VERB
fsr-3243	351	10	the	the	DET
fsr-3243	351	11	decrease	decrease	NOUN
fsr-3243	351	12	of	of	ADP
fsr-3243	351	13	�	�	PROPN
fsr-3243	351	14	12.0	12.0	NUM
fsr-3243	351	15	%	%	NOUN
fsr-3243	351	16	,	,	PUNCT
fsr-3243	351	17	the	the	DET
fsr-3243	351	18	balance	balance	NOUN
fsr-3243	351	19	reaches	reach	VERB
fsr-3243	351	20	$	$	SYM
fsr-3243	351	21	199,197	199,197	NUM
fsr-3243	351	22	;	;	PUNCT
fsr-3243	351	23	this	this	PRON
fsr-3243	351	24	is	be	AUX
fsr-3243	351	25	the	the	DET
fsr-3243	351	26	last	last	ADJ
fsr-3243	351	27	withdrawal	withdrawal	NOUN
fsr-3243	351	28	.	.	PUNCT
fsr-3243	352	1	these	these	DET
fsr-3243	352	2	three	three	NUM
fsr-3243	352	3	sets	set	NOUN
fsr-3243	352	4	of	of	ADP
fsr-3243	352	5	results	result	NOUN
fsr-3243	352	6	shed	shed	VERB
fsr-3243	352	7	some	some	DET
fsr-3243	352	8	light	light	NOUN
fsr-3243	352	9	on	on	ADP
fsr-3243	352	10	the	the	DET
fsr-3243	352	11	consequences	consequence	NOUN
fsr-3243	352	12	of	of	ADP
fsr-3243	352	13	pursuing	pursue	VERB
fsr-3243	352	14	different	different	ADJ
fsr-3243	352	15	goals	goal	NOUN
fsr-3243	352	16	.	.	PUNCT
fsr-3243	353	1	an	an	DET
fsr-3243	353	2	all	all	ADV
fsr-3243	353	3	-	-	PUNCT
fsr-3243	353	4	out	out	ADJ
fsr-3243	353	5	desire	desire	NOUN
fsr-3243	353	6	to	to	PART
fsr-3243	353	7	provide	provide	VERB
fsr-3243	353	8	withdrawal	withdrawal	NOUN
fsr-3243	353	9	stability	stability	NOUN
fsr-3243	353	10	would	would	AUX
fsr-3243	353	11	follow	follow	VERB
fsr-3243	353	12	something	something	PRON
fsr-3243	353	13	akin	akin	ADJ
fsr-3243	353	14	to	to	ADP
fsr-3243	353	15	the	the	DET
fsr-3243	353	16	4	4	NUM
fsr-3243	353	17	%	%	NOUN
fsr-3243	353	18	rule	rule	NOUN
fsr-3243	353	19	,	,	PUNCT
fsr-3243	353	20	even	even	ADV
fsr-3243	353	21	if	if	SCONJ
fsr-3243	353	22	it	it	PRON
fsr-3243	353	23	means	mean	VERB
fsr-3243	353	24	bequeathing	bequeath	VERB
fsr-3243	353	25	an	an	DET
fsr-3243	353	26	amount	amount	NOUN
fsr-3243	353	27	much	much	ADV
fsr-3243	353	28	larger	large	ADJ
fsr-3243	353	29	than	than	ADP
fsr-3243	353	30	what	what	PRON
fsr-3243	353	31	was	be	AUX
fsr-3243	353	32	intended	intend	VERB
fsr-3243	353	33	.	.	PUNCT
fsr-3243	354	1	an	an	DET
fsr-3243	354	2	approach	approach	NOUN
fsr-3243	354	3	that	that	PRON
fsr-3243	354	4	attempts	attempt	VERB
fsr-3243	354	5	to	to	PART
fsr-3243	354	6	maximize	maximize	VERB
fsr-3243	354	7	income	income	NOUN
fsr-3243	354	8	without	without	ADP
fsr-3243	354	9	going	go	VERB
fsr-3243	354	10	out	out	ADP
fsr-3243	354	11	on	on	ADP
fsr-3243	354	12	a	a	DET
fsr-3243	354	13	limb	limb	NOUN
fsr-3243	354	14	would	would	AUX
fsr-3243	354	15	prefer	prefer	VERB
fsr-3243	354	16	something	something	PRON
fsr-3243	354	17	like	like	ADP
fsr-3243	354	18	the	the	DET
fsr-3243	354	19	sticky	sticky	ADJ
fsr-3243	354	20	median	median	ADJ
fsr-3243	354	21	strategy	strategy	NOUN
fsr-3243	354	22	,	,	PUNCT
fsr-3243	354	23	even	even	ADV
fsr-3243	354	24	if	if	SCONJ
fsr-3243	354	25	the	the	DET
fsr-3243	354	26	withdrawal	withdrawal	NOUN
fsr-3243	354	27	amount	amount	NOUN
fsr-3243	354	28	can	can	AUX
fsr-3243	354	29	suffer	suffer	VERB
fsr-3243	354	30	major	major	ADJ
fsr-3243	354	31	jolts	jolt	NOUN
fsr-3243	354	32	in	in	ADP
fsr-3243	354	33	either	either	DET
fsr-3243	354	34	direction	direction	NOUN
fsr-3243	354	35	.	.	PUNCT
fsr-3243	355	1	if	if	SCONJ
fsr-3243	355	2	the	the	DET
fsr-3243	355	3	primary	primary	ADJ
fsr-3243	355	4	concern	concern	NOUN
fsr-3243	355	5	is	be	AUX
fsr-3243	355	6	safety	safety	NOUN
fsr-3243	355	7	,	,	PUNCT
fsr-3243	355	8	and	and	CCONJ
fsr-3243	355	9	cash	cash	NOUN
fsr-3243	355	10	flow	flow	NOUN
fsr-3243	355	11	steadiness	steadiness	NOUN
fsr-3243	355	12	is	be	AUX
fsr-3243	355	13	not	not	PART
fsr-3243	355	14	essential	essential	ADJ
fsr-3243	355	15	,	,	PUNCT
fsr-3243	355	16	a	a	DET
fsr-3243	355	17	strategy	strategy	NOUN
fsr-3243	355	18	similar	similar	ADJ
fsr-3243	355	19	to	to	ADP
fsr-3243	355	20	sticky	sticky	ADJ
fsr-3243	355	21	first	first	ADJ
fsr-3243	355	22	quartile	quartile	NOUN
fsr-3243	355	23	may	may	AUX
fsr-3243	355	24	be	be	AUX
fsr-3243	355	25	in	in	ADP
fsr-3243	355	26	order	order	NOUN
fsr-3243	355	27	even	even	ADV
fsr-3243	355	28	though	though	SCONJ
fsr-3243	355	29	it	it	PRON
fsr-3243	355	30	is	be	AUX
fsr-3243	355	31	likely	likely	ADJ
fsr-3243	355	32	to	to	PART
fsr-3243	355	33	result	result	VERB
fsr-3243	355	34	in	in	ADP
fsr-3243	355	35	a	a	DET
fsr-3243	355	36	markedly	markedly	ADV
fsr-3243	355	37	rising	rise	VERB
fsr-3243	355	38	withdrawal	withdrawal	NOUN
fsr-3243	355	39	path	path	NOUN
fsr-3243	355	40	.	.	PUNCT
fsr-3243	356	1	fig	fig	NOUN
fsr-3243	356	2	.	.	PUNCT
fsr-3243	357	1	16	16	NUM
fsr-3243	357	2	superimposes	superimpose	VERB
fsr-3243	357	3	the	the	DET
fsr-3243	357	4	three	three	NUM
fsr-3243	357	5	withdrawal	withdrawal	NOUN
fsr-3243	357	6	paths	path	NOUN
fsr-3243	357	7	for	for	ADP
fsr-3243	357	8	a	a	DET
fsr-3243	357	9	more	more	ADV
fsr-3243	357	10	direct	direct	ADJ
fsr-3243	357	11	comparison	comparison	NOUN
fsr-3243	357	12	.	.	PUNCT
fsr-3243	358	1	again	again	ADV
fsr-3243	358	2	,	,	PUNCT
fsr-3243	358	3	this	this	DET
fsr-3243	358	4	exercise	exercise	NOUN
fsr-3243	358	5	must	must	AUX
fsr-3243	358	6	not	not	PART
fsr-3243	358	7	be	be	AUX
fsr-3243	358	8	taken	take	VERB
fsr-3243	358	9	as	as	ADP
fsr-3243	358	10	evidence	evidence	NOUN
fsr-3243	358	11	in	in	ADP
fsr-3243	358	12	favor	favor	NOUN
fsr-3243	358	13	or	or	CCONJ
fsr-3243	358	14	against	against	ADP
fsr-3243	358	15	either	either	DET
fsr-3243	358	16	strategy	strategy	NOUN
fsr-3243	358	17	.	.	PUNCT
fsr-3243	359	1	if	if	SCONJ
fsr-3243	359	2	instead	instead	ADV
fsr-3243	359	3	of	of	ADP
fsr-3243	359	4	the	the	DET
fsr-3243	359	5	sequence	sequence	NOUN
fsr-3243	359	6	in	in	ADP
fsr-3243	359	7	fig	fig	NOUN
fsr-3243	359	8	.	.	PUNCT
fsr-3243	359	9	1	1	NUM
fsr-3243	359	10	we	we	PRON
fsr-3243	359	11	had	have	AUX
fsr-3243	359	12	used	use	VERB
fsr-3243	359	13	the	the	DET
fsr-3243	359	14	one	one	NUM
fsr-3243	359	15	underlying	underlie	VERB
fsr-3243	359	16	fig	fig	NOUN
fsr-3243	359	17	.	.	PUNCT
fsr-3243	360	1	12	12	NUM
fsr-3243	360	2	(	(	PUNCT
fsr-3243	360	3	the	the	DET
fsr-3243	360	4	“	"	PUNCT
fsr-3243	360	5	decreasing	decrease	VERB
fsr-3243	360	6	”	"	PUNCT
fsr-3243	360	7	path	path	NOUN
fsr-3243	360	8	)	)	PUNCT
fsr-3243	360	9	,	,	PUNCT
fsr-3243	360	10	the	the	DET
fsr-3243	360	11	interpretation	interpretation	NOUN
fsr-3243	360	12	might	might	AUX
fsr-3243	360	13	have	have	AUX
fsr-3243	360	14	been	be	AUX
fsr-3243	360	15	different	different	ADJ
fsr-3243	360	16	.	.	PUNCT
fsr-3243	361	1	fig	fig	NOUN
fsr-3243	361	2	.	.	PUNCT
fsr-3243	362	1	17	17	NUM
fsr-3243	362	2	shows	show	VERB
fsr-3243	362	3	the	the	DET
fsr-3243	362	4	values	value	NOUN
fsr-3243	362	5	in	in	ADP
fsr-3243	362	6	that	that	DET
fsr-3243	362	7	“	"	PUNCT
fsr-3243	362	8	bad	bad	ADJ
fsr-3243	362	9	”	"	PUNCT
fsr-3243	362	10	sequence	sequence	NOUN
fsr-3243	362	11	,	,	PUNCT
fsr-3243	362	12	which	which	PRON
fsr-3243	362	13	has	have	VERB
fsr-3243	362	14	a	a	DET
fsr-3243	362	15	pwa	pwa	NOUN
fsr-3243	362	16	of	of	ADP
fsr-3243	362	17	just	just	ADV
fsr-3243	362	18	$	$	SYM
fsr-3243	362	19	53,691	53,691	NUM
fsr-3243	362	20	starting	start	VERB
fsr-3243	362	21	from	from	ADP
fsr-3243	362	22	$	$	SYM
fsr-3243	362	23	1	1	NUM
fsr-3243	362	24	million	million	NUM
fsr-3243	362	25	and	and	CCONJ
fsr-3243	362	26	aiming	aim	VERB
fsr-3243	362	27	for	for	ADP
fsr-3243	362	28	$	$	SYM
fsr-3243	362	29	0	0	NUM
fsr-3243	362	30	.	.	PUNCT
fsr-3243	363	1	fig	fig	NOUN
fsr-3243	363	2	.	.	PUNCT
fsr-3243	364	1	18	18	NUM
fsr-3243	364	2	is	be	AUX
fsr-3243	364	3	the	the	DET
fsr-3243	364	4	chart	chart	NOUN
fsr-3243	364	5	of	of	ADP
fsr-3243	364	6	the	the	DET
fsr-3243	364	7	resulting	result	VERB
fsr-3243	364	8	withdrawal	withdrawal	NOUN
fsr-3243	364	9	paths	path	NOUN
fsr-3243	364	10	,	,	PUNCT
fsr-3243	364	11	which	which	PRON
fsr-3243	364	12	may	may	AUX
fsr-3243	364	13	be	be	AUX
fsr-3243	364	14	compared	compare	VERB
fsr-3243	364	15	with	with	ADP
fsr-3243	364	16	fig	fig	NOUN
fsr-3243	364	17	.	.	PUNCT
fsr-3243	365	1	16	16	NUM
fsr-3243	365	2	for	for	ADP
fsr-3243	365	3	contrast	contrast	NOUN
fsr-3243	365	4	.	.	PUNCT
fsr-3243	366	1	fig	fig	NOUN
fsr-3243	366	2	.	.	PUNCT
fsr-3243	367	1	14	14	NUM
fsr-3243	367	2	.	.	NOUN
fsr-3243	368	1	same	same	ADJ
fsr-3243	368	2	as	as	ADP
fsr-3243	368	3	fig	fig	NOUN
fsr-3243	368	4	.	.	PUNCT
fsr-3243	369	1	13	13	NUM
fsr-3243	369	2	,	,	PUNCT
fsr-3243	369	3	but	but	CCONJ
fsr-3243	369	4	now	now	ADV
fsr-3243	369	5	the	the	DET
fsr-3243	369	6	strategy	strategy	NOUN
fsr-3243	369	7	followed	follow	VERB
fsr-3243	369	8	is	be	AUX
fsr-3243	369	9	“	"	PUNCT
fsr-3243	369	10	sticky	sticky	ADJ
fsr-3243	369	11	median	median	NOUN
fsr-3243	369	12	with	with	ADP
fsr-3243	369	13	70	70	NUM
fsr-3243	369	14	-	-	PUNCT
fsr-3243	369	15	point	point	NOUN
fsr-3243	369	16	tolerance	tolerance	NOUN
fsr-3243	369	17	and	and	CCONJ
fsr-3243	369	18	re	re	NOUN
fsr-3243	369	19	-	-	VERB
fsr-3243	369	20	centering	centering	ADJ
fsr-3243	369	21	.	.	PUNCT
fsr-3243	369	22	”	"	PUNCT
fsr-3243	370	1	the	the	DET
fsr-3243	370	2	withdrawal	withdrawal	NOUN
fsr-3243	370	3	amount	amount	NOUN
fsr-3243	370	4	is	be	AUX
fsr-3243	370	5	much	much	ADV
fsr-3243	370	6	higher	high	ADJ
fsr-3243	370	7	than	than	ADP
fsr-3243	370	8	with	with	ADP
fsr-3243	370	9	the	the	DET
fsr-3243	370	10	4	4	NUM
fsr-3243	370	11	%	%	NOUN
fsr-3243	370	12	rule	rule	NOUN
fsr-3243	370	13	and	and	CCONJ
fsr-3243	370	14	yet	yet	ADV
fsr-3243	370	15	retains	retain	VERB
fsr-3243	370	16	some	some	DET
fsr-3243	370	17	degree	degree	NOUN
fsr-3243	370	18	of	of	ADP
fsr-3243	370	19	stability	stability	NOUN
fsr-3243	370	20	.	.	PUNCT
fsr-3243	371	1	here	here	ADV
fsr-3243	371	2	the	the	DET
fsr-3243	371	3	entire	entire	ADJ
fsr-3243	371	4	remaining	remain	VERB
fsr-3243	371	5	balance	balance	NOUN
fsr-3243	371	6	is	be	AUX
fsr-3243	371	7	withdrawn	withdraw	VERB
fsr-3243	371	8	in	in	ADP
fsr-3243	371	9	year	year	NOUN
fsr-3243	371	10	30	30	NUM
fsr-3243	371	11	(	(	PUNCT
fsr-3243	371	12	no	no	DET
fsr-3243	371	13	bequest	bequest	NOUN
fsr-3243	371	14	is	be	AUX
fsr-3243	371	15	desired	desire	VERB
fsr-3243	371	16	)	)	PUNCT
fsr-3243	371	17	,	,	PUNCT
fsr-3243	371	18	but	but	CCONJ
fsr-3243	371	19	this	this	DET
fsr-3243	371	20	final	final	ADJ
fsr-3243	371	21	withdrawal	withdrawal	NOUN
fsr-3243	371	22	is	be	AUX
fsr-3243	371	23	still	still	ADV
fsr-3243	371	24	“	"	PUNCT
fsr-3243	371	25	inside	inside	ADP
fsr-3243	371	26	the	the	DET
fsr-3243	371	27	ballpark	ballpark	NOUN
fsr-3243	371	28	”	"	PUNCT
fsr-3243	371	29	set	set	VERB
fsr-3243	371	30	by	by	ADP
fsr-3243	371	31	the	the	DET
fsr-3243	371	32	previous	previous	ADJ
fsr-3243	371	33	amounts	amount	NOUN
fsr-3243	371	34	.	.	PUNCT
fsr-3243	372	1	351e.d	351e.d	NUM
fsr-3243	372	2	.	.	PUNCT
fsr-3243	373	1	suarez	suarez	PROPN
fsr-3243	373	2	et	et	PROPN
fsr-3243	373	3	al	al	PROPN
fsr-3243	373	4	.	.	PUNCT
fsr-3243	373	5	/	/	SYM
fsr-3243	373	6	financial	financial	ADJ
fsr-3243	373	7	services	service	NOUN
fsr-3243	373	8	review	review	VERB
fsr-3243	373	9	24	24	NUM
fsr-3243	373	10	(	(	PUNCT
fsr-3243	373	11	2015	2015	NUM
fsr-3243	373	12	)	)	PUNCT
fsr-3243	373	13	331–357	331–357	NUM
fsr-3243	373	14	9	9	NUM
fsr-3243	373	15	.	.	PUNCT
fsr-3243	374	1	conclusions	conclusion	NOUN
fsr-3243	374	2	and	and	CCONJ
fsr-3243	374	3	next	next	ADJ
fsr-3243	374	4	steps	step	NOUN
fsr-3243	374	5	a	a	DET
fsr-3243	374	6	sequence	sequence	NOUN
fsr-3243	374	7	of	of	ADP
fsr-3243	374	8	return	return	NOUN
fsr-3243	374	9	rates	rate	NOUN
fsr-3243	374	10	,	,	PUNCT
fsr-3243	374	11	together	together	ADV
fsr-3243	374	12	with	with	ADP
fsr-3243	374	13	a	a	DET
fsr-3243	374	14	starting	start	VERB
fsr-3243	374	15	balance	balance	NOUN
fsr-3243	374	16	and	and	CCONJ
fsr-3243	374	17	a	a	DET
fsr-3243	374	18	desired	desire	VERB
fsr-3243	374	19	ending	end	VERB
fsr-3243	374	20	balance	balance	NOUN
fsr-3243	374	21	,	,	PUNCT
fsr-3243	374	22	determines	determine	VERB
fsr-3243	374	23	a	a	DET
fsr-3243	374	24	“	"	PUNCT
fsr-3243	374	25	perfect	perfect	ADJ
fsr-3243	374	26	”	"	PUNCT
fsr-3243	374	27	withdrawal	withdrawal	NOUN
fsr-3243	374	28	amount	amount	NOUN
fsr-3243	374	29	.	.	PUNCT
fsr-3243	375	1	if	if	SCONJ
fsr-3243	375	2	the	the	DET
fsr-3243	375	3	retiree	retiree	NOUN
fsr-3243	375	4	’s	’s	PART
fsr-3243	375	5	goal	goal	NOUN
fsr-3243	375	6	is	be	AUX
fsr-3243	375	7	to	to	PART
fsr-3243	375	8	obtain	obtain	VERB
fsr-3243	375	9	a	a	DET
fsr-3243	375	10	constant	constant	ADJ
fsr-3243	375	11	stream	stream	NOUN
fsr-3243	375	12	of	of	ADP
fsr-3243	375	13	income	income	NOUN
fsr-3243	375	14	from	from	ADP
fsr-3243	375	15	her	her	PRON
fsr-3243	375	16	investment	investment	NOUN
fsr-3243	375	17	account	account	NOUN
fsr-3243	375	18	,	,	PUNCT
fsr-3243	375	19	this	this	PRON
fsr-3243	375	20	is	be	AUX
fsr-3243	375	21	the	the	DET
fsr-3243	375	22	amount	amount	NOUN
fsr-3243	375	23	she	she	PRON
fsr-3243	375	24	should	should	AUX
fsr-3243	375	25	take	take	VERB
fsr-3243	375	26	out	out	ADP
fsr-3243	375	27	in	in	ADP
fsr-3243	375	28	every	every	DET
fsr-3243	375	29	period	period	NOUN
fsr-3243	375	30	.	.	PUNCT
fsr-3243	376	1	if	if	SCONJ
fsr-3243	376	2	she	she	PRON
fsr-3243	376	3	withdraws	withdraw	VERB
fsr-3243	376	4	more	more	ADJ
fsr-3243	376	5	than	than	ADP
fsr-3243	376	6	the	the	DET
fsr-3243	376	7	pwa	pwa	PROPN
fsr-3243	376	8	,	,	PUNCT
fsr-3243	376	9	she	she	PRON
fsr-3243	376	10	will	will	AUX
fsr-3243	376	11	run	run	VERB
fsr-3243	376	12	out	out	ADP
fsr-3243	376	13	of	of	ADP
fsr-3243	376	14	funds	fund	NOUN
fsr-3243	376	15	(	(	PUNCT
fsr-3243	376	16	or	or	CCONJ
fsr-3243	376	17	leave	leave	VERB
fsr-3243	376	18	behind	behind	ADV
fsr-3243	376	19	less	less	ADJ
fsr-3243	376	20	money	money	NOUN
fsr-3243	376	21	than	than	SCONJ
fsr-3243	376	22	she	she	PRON
fsr-3243	376	23	intended	intend	VERB
fsr-3243	376	24	)	)	PUNCT
fsr-3243	376	25	.	.	PUNCT
fsr-3243	377	1	if	if	SCONJ
fsr-3243	377	2	she	she	PRON
fsr-3243	377	3	withdraws	withdraw	VERB
fsr-3243	377	4	less	less	ADJ
fsr-3243	377	5	,	,	PUNCT
fsr-3243	377	6	she	she	PRON
fsr-3243	377	7	will	will	AUX
fsr-3243	377	8	leave	leave	VERB
fsr-3243	377	9	money	money	NOUN
fsr-3243	377	10	on	on	ADP
fsr-3243	377	11	the	the	DET
fsr-3243	377	12	table	table	NOUN
fsr-3243	377	13	.	.	PUNCT
fsr-3243	378	1	the	the	DET
fsr-3243	378	2	problem	problem	NOUN
fsr-3243	378	3	,	,	PUNCT
fsr-3243	378	4	of	of	ADP
fsr-3243	378	5	course	course	NOUN
fsr-3243	378	6	,	,	PUNCT
fsr-3243	378	7	is	be	AUX
fsr-3243	378	8	that	that	SCONJ
fsr-3243	378	9	we	we	PRON
fsr-3243	378	10	do	do	AUX
fsr-3243	378	11	not	not	PART
fsr-3243	378	12	know	know	VERB
fsr-3243	378	13	in	in	ADP
fsr-3243	378	14	advance	advance	NOUN
fsr-3243	378	15	what	what	PRON
fsr-3243	378	16	the	the	DET
fsr-3243	378	17	pwa	pwa	PROPN
fsr-3243	378	18	will	will	AUX
fsr-3243	378	19	turn	turn	VERB
fsr-3243	378	20	out	out	ADP
fsr-3243	378	21	to	to	PART
fsr-3243	378	22	be	be	AUX
fsr-3243	378	23	in	in	ADP
fsr-3243	378	24	each	each	DET
fsr-3243	378	25	case	case	NOUN
fsr-3243	378	26	.	.	PUNCT
fsr-3243	379	1	to	to	PART
fsr-3243	379	2	make	make	VERB
fsr-3243	379	3	inferences	inference	NOUN
fsr-3243	379	4	and	and	CCONJ
fsr-3243	379	5	take	take	VERB
fsr-3243	379	6	decisions	decision	NOUN
fsr-3243	379	7	one	one	PRON
fsr-3243	379	8	must	must	AUX
fsr-3243	379	9	construct	construct	VERB
fsr-3243	379	10	probability	probability	NOUN
fsr-3243	379	11	distributions	distribution	NOUN
fsr-3243	379	12	,	,	PUNCT
fsr-3243	379	13	and	and	CCONJ
fsr-3243	379	14	the	the	DET
fsr-3243	379	15	methodology	methodology	NOUN
fsr-3243	379	16	presented	present	VERB
fsr-3243	379	17	here	here	ADV
fsr-3243	379	18	is	be	AUX
fsr-3243	379	19	a	a	DET
fsr-3243	379	20	way	way	NOUN
fsr-3243	379	21	to	to	PART
fsr-3243	379	22	do	do	VERB
fsr-3243	379	23	this	this	PRON
fsr-3243	379	24	soundly	soundly	ADV
fsr-3243	379	25	.	.	PUNCT
fsr-3243	380	1	here	here	ADV
fsr-3243	380	2	we	we	PRON
fsr-3243	380	3	use	use	VERB
fsr-3243	380	4	the	the	DET
fsr-3243	380	5	historic	historic	ADJ
fsr-3243	380	6	distribution	distribution	NOUN
fsr-3243	380	7	of	of	ADP
fsr-3243	380	8	return	return	NOUN
fsr-3243	380	9	rates	rate	NOUN
fsr-3243	380	10	as	as	ADP
fsr-3243	380	11	the	the	DET
fsr-3243	380	12	probability	probability	NOUN
fsr-3243	380	13	distribution	distribution	NOUN
fsr-3243	380	14	of	of	ADP
fsr-3243	380	15	future	future	ADJ
fsr-3243	380	16	returns	return	NOUN
fsr-3243	380	17	,	,	PUNCT
fsr-3243	380	18	assuming	assume	VERB
fsr-3243	380	19	it	it	PRON
fsr-3243	380	20	to	to	PART
fsr-3243	380	21	be	be	AUX
fsr-3243	380	22	independent	independent	ADJ
fsr-3243	380	23	and	and	CCONJ
fsr-3243	380	24	identical	identical	ADJ
fsr-3243	380	25	in	in	ADP
fsr-3243	380	26	all	all	DET
fsr-3243	380	27	periods	period	NOUN
fsr-3243	380	28	.	.	PUNCT
fsr-3243	381	1	however	however	ADV
fsr-3243	381	2	,	,	PUNCT
fsr-3243	381	3	any	any	DET
fsr-3243	381	4	other	other	ADJ
fsr-3243	381	5	assumption	assumption	NOUN
fsr-3243	381	6	may	may	AUX
fsr-3243	381	7	be	be	AUX
fsr-3243	381	8	used	use	VERB
fsr-3243	381	9	,	,	PUNCT
fsr-3243	381	10	as	as	SCONJ
fsr-3243	381	11	our	our	PRON
fsr-3243	381	12	framework	framework	NOUN
fsr-3243	381	13	only	only	ADV
fsr-3243	381	14	discusses	discuss	VERB
fsr-3243	381	15	how	how	SCONJ
fsr-3243	381	16	to	to	PART
fsr-3243	381	17	“	"	PUNCT
fsr-3243	381	18	process	process	NOUN
fsr-3243	381	19	”	"	PUNCT
fsr-3243	381	20	the	the	DET
fsr-3243	381	21	assumptions	assumption	NOUN
fsr-3243	381	22	(	(	PUNCT
fsr-3243	381	23	or	or	CCONJ
fsr-3243	381	24	expectations	expectation	NOUN
fsr-3243	381	25	)	)	PUNCT
fsr-3243	381	26	held	hold	VERB
fsr-3243	381	27	by	by	ADP
fsr-3243	381	28	the	the	DET
fsr-3243	381	29	researcher	researcher	NOUN
fsr-3243	381	30	.	.	PUNCT
fsr-3243	382	1	at	at	ADP
fsr-3243	382	2	this	this	DET
fsr-3243	382	3	stage	stage	NOUN
fsr-3243	382	4	,	,	PUNCT
fsr-3243	382	5	we	we	PRON
fsr-3243	382	6	can	can	AUX
fsr-3243	382	7	only	only	ADV
fsr-3243	382	8	make	make	VERB
fsr-3243	382	9	preliminary	preliminary	ADJ
fsr-3243	382	10	recommendations	recommendation	NOUN
fsr-3243	382	11	.	.	PUNCT
fsr-3243	383	1	however	however	ADV
fsr-3243	383	2	,	,	PUNCT
fsr-3243	383	3	one	one	NOUN
fsr-3243	383	4	that	that	PRON
fsr-3243	383	5	seems	seem	VERB
fsr-3243	383	6	to	to	PART
fsr-3243	383	7	take	take	VERB
fsr-3243	383	8	shape	shape	NOUN
fsr-3243	383	9	intuitively	intuitively	ADV
fsr-3243	383	10	is	be	AUX
fsr-3243	383	11	a	a	DET
fsr-3243	383	12	major	major	ADJ
fsr-3243	383	13	departure	departure	NOUN
fsr-3243	383	14	from	from	ADP
fsr-3243	383	15	conventional	conventional	ADJ
fsr-3243	383	16	wisdom	wisdom	NOUN
fsr-3243	383	17	:	:	PUNCT
fsr-3243	383	18	the	the	DET
fsr-3243	383	19	best	good	ADJ
fsr-3243	383	20	level	level	NOUN
fsr-3243	383	21	of	of	ADP
fsr-3243	383	22	failure	failure	NOUN
fsr-3243	383	23	risk	risk	NOUN
fsr-3243	383	24	is	be	AUX
fsr-3243	383	25	50	50	NUM
fsr-3243	383	26	%	%	NOUN
fsr-3243	383	27	.	.	PUNCT
fsr-3243	384	1	to	to	PART
fsr-3243	384	2	be	be	AUX
fsr-3243	384	3	more	more	ADV
fsr-3243	384	4	precise	precise	ADJ
fsr-3243	384	5	,	,	PUNCT
fsr-3243	384	6	we	we	PRON
fsr-3243	384	7	should	should	AUX
fsr-3243	384	8	use	use	VERB
fsr-3243	384	9	the	the	DET
fsr-3243	384	10	mode	mode	NOUN
fsr-3243	384	11	of	of	ADP
fsr-3243	384	12	the	the	DET
fsr-3243	384	13	pwa	pwa	PROPN
fsr-3243	384	14	distribution	distribution	NOUN
fsr-3243	384	15	—	—	PUNCT
fsr-3243	384	16	because	because	SCONJ
fsr-3243	384	17	that	that	PRON
fsr-3243	384	18	is	be	AUX
fsr-3243	384	19	the	the	DET
fsr-3243	384	20	most	most	ADV
fsr-3243	384	21	likely	likely	ADJ
fsr-3243	384	22	value	value	NOUN
fsr-3243	384	23	that	that	PRON
fsr-3243	384	24	the	the	DET
fsr-3243	384	25	pwa	pwa	PROPN
fsr-3243	384	26	will	will	AUX
fsr-3243	384	27	end	end	VERB
fsr-3243	384	28	up	up	ADP
fsr-3243	384	29	taking	take	VERB
fsr-3243	384	30	in	in	ADP
fsr-3243	384	31	our	our	PRON
fsr-3243	384	32	particular	particular	ADJ
fsr-3243	384	33	case	case	NOUN
fsr-3243	384	34	.	.	PUNCT
fsr-3243	385	1	for	for	ADP
fsr-3243	385	2	symmetric	symmetric	ADJ
fsr-3243	385	3	or	or	CCONJ
fsr-3243	385	4	moderately	moderately	ADV
fsr-3243	385	5	skewed	skewed	ADJ
fsr-3243	385	6	distributions	distribution	NOUN
fsr-3243	385	7	,	,	PUNCT
fsr-3243	385	8	failure	failure	NOUN
fsr-3243	385	9	risk	risk	NOUN
fsr-3243	385	10	at	at	ADP
fsr-3243	385	11	the	the	DET
fsr-3243	385	12	mode	mode	NOUN
fsr-3243	385	13	will	will	AUX
fsr-3243	385	14	be	be	AUX
fsr-3243	385	15	close	close	ADJ
fsr-3243	385	16	to	to	ADP
fsr-3243	385	17	50	50	NUM
fsr-3243	385	18	%	%	NOUN
fsr-3243	385	19	.	.	PUNCT
fsr-3243	386	1	if	if	SCONJ
fsr-3243	386	2	the	the	DET
fsr-3243	386	3	assumptions	assumption	NOUN
fsr-3243	386	4	used	use	VERB
fsr-3243	386	5	for	for	ADP
fsr-3243	386	6	the	the	DET
fsr-3243	386	7	distribution	distribution	NOUN
fsr-3243	386	8	of	of	ADP
fsr-3243	386	9	return	return	NOUN
fsr-3243	386	10	rates	rate	NOUN
fsr-3243	386	11	fig	fig	NOUN
fsr-3243	386	12	.	.	PUNCT
fsr-3243	387	1	15	15	NUM
fsr-3243	387	2	.	.	NOUN
fsr-3243	387	3	same	same	ADJ
fsr-3243	387	4	as	as	ADP
fsr-3243	387	5	figs	fig	NOUN
fsr-3243	387	6	.	.	PUNCT
fsr-3243	388	1	13	13	NUM
fsr-3243	388	2	and	and	CCONJ
fsr-3243	388	3	14	14	NUM
fsr-3243	388	4	,	,	PUNCT
fsr-3243	388	5	but	but	CCONJ
fsr-3243	388	6	now	now	ADV
fsr-3243	388	7	the	the	DET
fsr-3243	388	8	strategy	strategy	NOUN
fsr-3243	388	9	followed	follow	VERB
fsr-3243	388	10	is	be	AUX
fsr-3243	388	11	“	"	PUNCT
fsr-3243	388	12	sticky	sticky	ADJ
fsr-3243	388	13	first	first	ADJ
fsr-3243	388	14	quartile	quartile	NOUN
fsr-3243	388	15	with	with	ADP
fsr-3243	388	16	30	30	NUM
fsr-3243	388	17	-	-	PUNCT
fsr-3243	388	18	point	point	NOUN
fsr-3243	388	19	tolerance	tolerance	NOUN
fsr-3243	388	20	and	and	CCONJ
fsr-3243	388	21	nudging	nudging	NOUN
fsr-3243	388	22	.	.	PUNCT
fsr-3243	388	23	”	"	PUNCT
fsr-3243	389	1	compared	compare	VERB
fsr-3243	389	2	with	with	ADP
fsr-3243	389	3	fig	fig	NOUN
fsr-3243	389	4	,	,	PUNCT
fsr-3243	389	5	14	14	NUM
fsr-3243	389	6	,	,	PUNCT
fsr-3243	389	7	this	this	DET
fsr-3243	389	8	strategy	strategy	NOUN
fsr-3243	389	9	is	be	AUX
fsr-3243	389	10	more	more	ADV
fsr-3243	389	11	cautious	cautious	ADJ
fsr-3243	389	12	(	(	PUNCT
fsr-3243	389	13	it	it	PRON
fsr-3243	389	14	drifts	drift	VERB
fsr-3243	389	15	around	around	ADP
fsr-3243	389	16	75	75	NUM
fsr-3243	389	17	%	%	NOUN
fsr-3243	389	18	safety	safety	NOUN
fsr-3243	389	19	instead	instead	ADV
fsr-3243	389	20	of	of	ADP
fsr-3243	389	21	50	50	NUM
fsr-3243	389	22	%	%	NOUN
fsr-3243	389	23	)	)	PUNCT
fsr-3243	389	24	,	,	PUNCT
fsr-3243	389	25	more	more	ADV
fsr-3243	389	26	strict	strict	ADJ
fsr-3243	389	27	(	(	PUNCT
fsr-3243	389	28	tolerance	tolerance	NOUN
fsr-3243	389	29	30	30	NUM
fsr-3243	389	30	points	point	NOUN
fsr-3243	389	31	instead	instead	ADV
fsr-3243	389	32	of	of	ADP
fsr-3243	389	33	70	70	NUM
fsr-3243	389	34	)	)	PUNCT
fsr-3243	389	35	,	,	PUNCT
fsr-3243	389	36	and	and	CCONJ
fsr-3243	389	37	more	more	ADV
fsr-3243	389	38	subtle	subtle	ADJ
fsr-3243	389	39	(	(	PUNCT
fsr-3243	389	40	upon	upon	SCONJ
fsr-3243	389	41	piercing	pierce	VERB
fsr-3243	389	42	the	the	DET
fsr-3243	389	43	tolerance	tolerance	NOUN
fsr-3243	389	44	the	the	DET
fsr-3243	389	45	amount	amount	NOUN
fsr-3243	389	46	is	be	AUX
fsr-3243	389	47	nudged	nudge	VERB
fsr-3243	389	48	back	back	ADV
fsr-3243	389	49	in	in	ADV
fsr-3243	389	50	instead	instead	ADV
fsr-3243	389	51	of	of	ADP
fsr-3243	389	52	recentered	recentered	ADJ
fsr-3243	389	53	)	)	PUNCT
fsr-3243	389	54	.	.	PUNCT
fsr-3243	390	1	352	352	NUM
fsr-3243	390	2	e.d	e.d	PROPN
fsr-3243	390	3	.	.	PROPN
fsr-3243	390	4	suarez	suarez	PROPN
fsr-3243	390	5	et	et	PROPN
fsr-3243	390	6	al	al	PROPN
fsr-3243	390	7	.	.	PUNCT
fsr-3243	390	8	/	/	SYM
fsr-3243	390	9	financial	financial	ADJ
fsr-3243	390	10	services	service	NOUN
fsr-3243	390	11	review	review	VERB
fsr-3243	390	12	24	24	NUM
fsr-3243	390	13	(	(	PUNCT
fsr-3243	390	14	2015	2015	NUM
fsr-3243	390	15	)	)	PUNCT
fsr-3243	391	1	331–357	331–357	NUM
fsr-3243	391	2	are	be	AUX
fsr-3243	391	3	sound	sound	ADJ
fsr-3243	391	4	,	,	PUNCT
fsr-3243	391	5	then	then	ADV
fsr-3243	391	6	close	close	ADJ
fsr-3243	391	7	to	to	ADP
fsr-3243	391	8	half	half	NOUN
fsr-3243	391	9	of	of	ADP
fsr-3243	391	10	the	the	DET
fsr-3243	391	11	retirees	retiree	NOUN
fsr-3243	391	12	who	who	PRON
fsr-3243	391	13	follow	follow	VERB
fsr-3243	391	14	this	this	DET
fsr-3243	391	15	policy	policy	NOUN
fsr-3243	391	16	will	will	AUX
fsr-3243	391	17	be	be	AUX
fsr-3243	391	18	able	able	ADJ
fsr-3243	391	19	to	to	PART
fsr-3243	391	20	keep	keep	VERB
fsr-3243	391	21	withdrawing	withdraw	VERB
fsr-3243	391	22	this	this	DET
fsr-3243	391	23	amount	amount	NOUN
fsr-3243	391	24	(	(	PUNCT
fsr-3243	391	25	or	or	CCONJ
fsr-3243	391	26	more	more	ADJ
fsr-3243	391	27	!	!	PUNCT
fsr-3243	391	28	)	)	PUNCT
fsr-3243	392	1	for	for	ADP
fsr-3243	392	2	the	the	DET
fsr-3243	392	3	entire	entire	ADJ
fsr-3243	392	4	retirement	retirement	NOUN
fsr-3243	392	5	period	period	NOUN
fsr-3243	392	6	.	.	PUNCT
fsr-3243	393	1	for	for	ADP
fsr-3243	393	2	the	the	DET
fsr-3243	393	3	other	other	ADJ
fsr-3243	393	4	half	half	NOUN
fsr-3243	393	5	,	,	PUNCT
fsr-3243	393	6	the	the	DET
fsr-3243	393	7	procedure	procedure	NOUN
fsr-3243	393	8	outlined	outline	VERB
fsr-3243	393	9	here	here	ADV
fsr-3243	393	10	will	will	AUX
fsr-3243	393	11	steer	steer	VERB
fsr-3243	393	12	them	they	PRON
fsr-3243	393	13	clear	clear	ADJ
fsr-3243	393	14	of	of	ADP
fsr-3243	393	15	funds	fund	NOUN
fsr-3243	393	16	’	'	PUNCT
fsr-3243	393	17	depletion	depletion	NOUN
fsr-3243	393	18	or	or	CCONJ
fsr-3243	393	19	bequest	bequest	NOUN
fsr-3243	393	20	collapse	collapse	NOUN
fsr-3243	393	21	through	through	ADP
fsr-3243	393	22	timely	timely	ADJ
fsr-3243	393	23	warnings	warning	NOUN
fsr-3243	393	24	that	that	SCONJ
fsr-3243	393	25	the	the	DET
fsr-3243	393	26	amount	amount	NOUN
fsr-3243	393	27	needs	need	VERB
fsr-3243	393	28	to	to	PART
fsr-3243	393	29	be	be	AUX
fsr-3243	393	30	decreased	decrease	VERB
fsr-3243	393	31	—	—	PUNCT
fsr-3243	393	32	and	and	CCONJ
fsr-3243	393	33	probably	probably	ADV
fsr-3243	393	34	not	not	PART
fsr-3243	393	35	by	by	ADP
fsr-3243	393	36	fig	fig	NOUN
fsr-3243	393	37	.	.	PUNCT
fsr-3243	394	1	16	16	NUM
fsr-3243	394	2	.	.	PUNCT
fsr-3243	395	1	strategy	strategy	PROPN
fsr-3243	395	2	comparison	comparison	NOUN
fsr-3243	395	3	.	.	PUNCT
fsr-3243	396	1	the	the	DET
fsr-3243	396	2	withdrawal	withdrawal	NOUN
fsr-3243	396	3	paths	path	NOUN
fsr-3243	396	4	in	in	ADP
fsr-3243	396	5	figs	fig	NOUN
fsr-3243	396	6	.	.	PUNCT
fsr-3243	397	1	13	13	NUM
fsr-3243	397	2	,	,	PUNCT
fsr-3243	397	3	14	14	NUM
fsr-3243	397	4	,	,	PUNCT
fsr-3243	397	5	and	and	CCONJ
fsr-3243	397	6	15	15	NUM
fsr-3243	397	7	are	be	AUX
fsr-3243	397	8	superimposed	superimpose	VERB
fsr-3243	397	9	,	,	PUNCT
fsr-3243	397	10	with	with	SCONJ
fsr-3243	397	11	the	the	DET
fsr-3243	397	12	tolerance	tolerance	NOUN
fsr-3243	397	13	range	range	NOUN
fsr-3243	397	14	lines	line	NOUN
fsr-3243	397	15	removed	remove	VERB
fsr-3243	397	16	for	for	ADP
fsr-3243	397	17	clarity	clarity	NOUN
fsr-3243	397	18	.	.	PUNCT
fsr-3243	398	1	the	the	DET
fsr-3243	398	2	4	4	NUM
fsr-3243	398	3	%	%	NOUN
fsr-3243	398	4	rule	rule	NOUN
fsr-3243	398	5	provides	provide	VERB
fsr-3243	398	6	a	a	DET
fsr-3243	398	7	low	low	ADJ
fsr-3243	398	8	cash	cash	NOUN
fsr-3243	398	9	flow	flow	NOUN
fsr-3243	398	10	and	and	CCONJ
fsr-3243	398	11	leaves	leave	VERB
fsr-3243	398	12	a	a	DET
fsr-3243	398	13	sizable	sizable	ADJ
fsr-3243	398	14	bequest	bequest	NOUN
fsr-3243	398	15	,	,	PUNCT
fsr-3243	398	16	so	so	CCONJ
fsr-3243	398	17	the	the	DET
fsr-3243	398	18	standard	standard	NOUN
fsr-3243	398	19	of	of	ADP
fsr-3243	398	20	living	live	VERB
fsr-3243	398	21	in	in	ADP
fsr-3243	398	22	retirement	retirement	NOUN
fsr-3243	398	23	is	be	AUX
fsr-3243	398	24	overly	overly	ADV
fsr-3243	398	25	restricted	restrict	VERB
fsr-3243	398	26	.	.	PUNCT
fsr-3243	399	1	sticky	sticky	ADJ
fsr-3243	399	2	median	median	NOUN
fsr-3243	399	3	provides	provide	VERB
fsr-3243	399	4	more	more	ADJ
fsr-3243	399	5	money	money	NOUN
fsr-3243	399	6	,	,	PUNCT
fsr-3243	399	7	but	but	CCONJ
fsr-3243	399	8	failure	failure	NOUN
fsr-3243	399	9	risk	risk	NOUN
fsr-3243	399	10	reaches	reach	VERB
fsr-3243	399	11	very	very	ADV
fsr-3243	399	12	high	high	ADJ
fsr-3243	399	13	levels	level	NOUN
fsr-3243	399	14	along	along	ADP
fsr-3243	399	15	the	the	DET
fsr-3243	399	16	way	way	NOUN
fsr-3243	399	17	.	.	PUNCT
fsr-3243	400	1	sticky	sticky	ADJ
fsr-3243	400	2	first	first	ADJ
fsr-3243	400	3	quartile	quartile	NOUN
fsr-3243	400	4	plays	play	VERB
fsr-3243	400	5	it	it	PRON
fsr-3243	400	6	safer	safe	ADJ
fsr-3243	400	7	,	,	PUNCT
fsr-3243	400	8	but	but	CCONJ
fsr-3243	400	9	at	at	ADP
fsr-3243	400	10	the	the	DET
fsr-3243	400	11	expense	expense	NOUN
fsr-3243	400	12	of	of	ADP
fsr-3243	400	13	frequent	frequent	ADJ
fsr-3243	400	14	adjustments	adjustment	NOUN
fsr-3243	400	15	to	to	ADP
fsr-3243	400	16	the	the	DET
fsr-3243	400	17	amount	amount	NOUN
fsr-3243	400	18	withdrawn	withdraw	VERB
fsr-3243	400	19	.	.	PUNCT
fsr-3243	401	1	fig	fig	NOUN
fsr-3243	401	2	.	.	PUNCT
fsr-3243	402	1	17	17	NUM
fsr-3243	402	2	.	.	PUNCT
fsr-3243	403	1	another	another	DET
fsr-3243	403	2	random	random	ADJ
fsr-3243	403	3	sequence	sequence	NOUN
fsr-3243	403	4	of	of	ADP
fsr-3243	403	5	returns	return	NOUN
fsr-3243	403	6	produced	produce	VERB
fsr-3243	403	7	by	by	ADP
fsr-3243	403	8	monte	monte	PROPN
fsr-3243	403	9	carlo	carlo	PROPN
fsr-3243	403	10	engine	engine	NOUN
fsr-3243	403	11	.	.	PUNCT
fsr-3243	404	1	this	this	PRON
fsr-3243	404	2	is	be	AUX
fsr-3243	404	3	the	the	DET
fsr-3243	404	4	sequence	sequence	NOUN
fsr-3243	404	5	that	that	PRON
fsr-3243	404	6	gives	give	VERB
fsr-3243	404	7	rise	rise	NOUN
fsr-3243	404	8	to	to	ADP
fsr-3243	404	9	fig	fig	NOUN
fsr-3243	404	10	.	.	PUNCT
fsr-3243	405	1	12	12	NUM
fsr-3243	405	2	.	.	X
fsr-3243	406	1	353e.d	353e.d	NOUN
fsr-3243	406	2	.	.	PUNCT
fsr-3243	407	1	suarez	suarez	PROPN
fsr-3243	407	2	et	et	PROPN
fsr-3243	407	3	al	al	PROPN
fsr-3243	407	4	.	.	PUNCT
fsr-3243	407	5	/	/	SYM
fsr-3243	407	6	financial	financial	ADJ
fsr-3243	407	7	services	service	NOUN
fsr-3243	407	8	review	review	VERB
fsr-3243	407	9	24	24	NUM
fsr-3243	407	10	(	(	PUNCT
fsr-3243	407	11	2015	2015	NUM
fsr-3243	407	12	)	)	PUNCT
fsr-3243	407	13	331–357	331–357	NUM
fsr-3243	407	14	much	much	ADJ
fsr-3243	407	15	.	.	PUNCT
fsr-3243	408	1	if	if	SCONJ
fsr-3243	408	2	ours	ours	PRON
fsr-3243	408	3	is	be	AUX
fsr-3243	408	4	indeed	indeed	ADV
fsr-3243	408	5	the	the	DET
fsr-3243	408	6	case	case	NOUN
fsr-3243	408	7	when	when	SCONJ
fsr-3243	408	8	the	the	DET
fsr-3243	408	9	sequence	sequence	NOUN
fsr-3243	408	10	of	of	ADP
fsr-3243	408	11	returns	return	NOUN
fsr-3243	408	12	awaiting	await	VERB
fsr-3243	408	13	in	in	ADP
fsr-3243	408	14	our	our	PRON
fsr-3243	408	15	future	future	NOUN
fsr-3243	408	16	is	be	AUX
fsr-3243	408	17	a	a	DET
fsr-3243	408	18	terrible	terrible	ADJ
fsr-3243	408	19	one	one	NOUN
fsr-3243	408	20	,	,	PUNCT
fsr-3243	408	21	then	then	ADV
fsr-3243	408	22	the	the	DET
fsr-3243	408	23	procedure	procedure	NOUN
fsr-3243	408	24	will	will	AUX
fsr-3243	408	25	keep	keep	VERB
fsr-3243	408	26	signaling	signal	VERB
fsr-3243	408	27	for	for	ADP
fsr-3243	408	28	downward	downward	ADJ
fsr-3243	408	29	adjustments	adjustment	NOUN
fsr-3243	408	30	,	,	PUNCT
fsr-3243	408	31	taking	take	VERB
fsr-3243	408	32	the	the	DET
fsr-3243	408	33	withdrawal	withdrawal	NOUN
fsr-3243	408	34	path	path	NOUN
fsr-3243	408	35	asymptotically	asymptotically	ADV
fsr-3243	408	36	to	to	ADP
fsr-3243	408	37	a	a	DET
fsr-3243	408	38	very	very	ADV
fsr-3243	408	39	low	low	ADJ
fsr-3243	408	40	value	value	NOUN
fsr-3243	408	41	,	,	PUNCT
fsr-3243	408	42	but	but	CCONJ
fsr-3243	408	43	probably	probably	ADV
fsr-3243	408	44	not	not	PART
fsr-3243	408	45	too	too	ADV
fsr-3243	408	46	far	far	ADV
fsr-3243	408	47	below	below	ADP
fsr-3243	408	48	what	what	PRON
fsr-3243	408	49	it	it	PRON
fsr-3243	408	50	would	would	AUX
fsr-3243	408	51	have	have	AUX
fsr-3243	408	52	been	be	AUX
fsr-3243	408	53	under	under	ADP
fsr-3243	408	54	perfect	perfect	ADJ
fsr-3243	408	55	foresight	foresight	NOUN
fsr-3243	408	56	.	.	PUNCT
fsr-3243	409	1	the	the	DET
fsr-3243	409	2	obvious	obvious	ADJ
fsr-3243	409	3	next	next	ADJ
fsr-3243	409	4	step	step	NOUN
fsr-3243	409	5	for	for	ADP
fsr-3243	409	6	the	the	DET
fsr-3243	409	7	framework	framework	NOUN
fsr-3243	409	8	’s	’s	PART
fsr-3243	409	9	future	future	ADJ
fsr-3243	409	10	development	development	NOUN
fsr-3243	409	11	is	be	AUX
fsr-3243	409	12	to	to	PART
fsr-3243	409	13	use	use	VERB
fsr-3243	409	14	it	it	PRON
fsr-3243	409	15	to	to	PART
fsr-3243	409	16	derive	derive	VERB
fsr-3243	409	17	new	new	ADJ
fsr-3243	409	18	“	"	PUNCT
fsr-3243	409	19	standard	standard	ADJ
fsr-3243	409	20	”	"	PUNCT
fsr-3243	409	21	rules	rule	NOUN
fsr-3243	409	22	—	—	PUNCT
fsr-3243	409	23	à	à	PROPN
fsr-3243	409	24	la	la	PROPN
fsr-3243	409	25	bengen	bengen	PROPN
fsr-3243	409	26	’s	’s	PART
fsr-3243	409	27	4%—for	4%—for	NUM
fsr-3243	409	28	different	different	ADJ
fsr-3243	409	29	portfolio	portfolio	NOUN
fsr-3243	409	30	compositions	composition	NOUN
fsr-3243	409	31	and	and	CCONJ
fsr-3243	409	32	retirement	retirement	NOUN
fsr-3243	409	33	objectives	objective	NOUN
fsr-3243	409	34	,	,	PUNCT
fsr-3243	409	35	and	and	CCONJ
fsr-3243	409	36	to	to	PART
fsr-3243	409	37	look	look	VERB
fsr-3243	409	38	at	at	ADP
fsr-3243	409	39	the	the	DET
fsr-3243	409	40	rules	rule	NOUN
fsr-3243	409	41	currently	currently	ADV
fsr-3243	409	42	in	in	ADP
fsr-3243	409	43	favor	favor	NOUN
fsr-3243	409	44	through	through	ADP
fsr-3243	409	45	the	the	DET
fsr-3243	409	46	lens	lens	NOUN
fsr-3243	409	47	of	of	ADP
fsr-3243	409	48	pwa	pwa	PROPN
fsr-3243	409	49	.	.	PUNCT
fsr-3243	410	1	also	also	ADV
fsr-3243	410	2	,	,	PUNCT
fsr-3243	410	3	it	it	PRON
fsr-3243	410	4	would	would	AUX
fsr-3243	410	5	be	be	AUX
fsr-3243	410	6	useful	useful	ADJ
fsr-3243	410	7	to	to	PART
fsr-3243	410	8	add	add	VERB
fsr-3243	410	9	longevity	longevity	NOUN
fsr-3243	410	10	risk	risk	NOUN
fsr-3243	410	11	into	into	ADP
fsr-3243	410	12	the	the	DET
fsr-3243	410	13	framework	framework	NOUN
fsr-3243	410	14	by	by	ADP
fsr-3243	410	15	making	make	VERB
fsr-3243	410	16	the	the	DET
fsr-3243	410	17	planning	planning	NOUN
fsr-3243	410	18	horizon	horizon	NOUN
fsr-3243	410	19	a	a	DET
fsr-3243	410	20	stochastic	stochastic	ADJ
fsr-3243	410	21	variable	variable	NOUN
fsr-3243	410	22	instead	instead	ADV
fsr-3243	410	23	of	of	ADP
fsr-3243	410	24	a	a	DET
fsr-3243	410	25	parameter	parameter	NOUN
fsr-3243	410	26	.	.	PUNCT
fsr-3243	411	1	and	and	CCONJ
fsr-3243	411	2	it	it	PRON
fsr-3243	411	3	would	would	AUX
fsr-3243	411	4	seem	seem	VERB
fsr-3243	411	5	possible	possible	ADJ
fsr-3243	411	6	to	to	PART
fsr-3243	411	7	adapt	adapt	VERB
fsr-3243	411	8	the	the	DET
fsr-3243	411	9	model	model	NOUN
fsr-3243	411	10	to	to	ADP
fsr-3243	411	11	the	the	DET
fsr-3243	411	12	accumulation	accumulation	NOUN
fsr-3243	411	13	phase	phase	NOUN
fsr-3243	411	14	of	of	ADP
fsr-3243	411	15	the	the	DET
fsr-3243	411	16	life	life	NOUN
fsr-3243	411	17	-	-	PUNCT
fsr-3243	411	18	cycle	cycle	NOUN
fsr-3243	411	19	,	,	PUNCT
fsr-3243	411	20	deriving	derive	VERB
fsr-3243	411	21	a	a	DET
fsr-3243	411	22	perfect	perfect	ADJ
fsr-3243	411	23	contribution	contribution	NOUN
fsr-3243	411	24	amount	amount	NOUN
fsr-3243	411	25	concept	concept	NOUN
fsr-3243	411	26	along	along	ADP
fsr-3243	411	27	the	the	DET
fsr-3243	411	28	lines	line	NOUN
fsr-3243	411	29	of	of	ADP
fsr-3243	411	30	pwa	pwa	PROPN
fsr-3243	411	31	.	.	PUNCT
fsr-3243	412	1	once	once	SCONJ
fsr-3243	412	2	we	we	PRON
fsr-3243	412	3	know	know	VERB
fsr-3243	412	4	more	more	ADJ
fsr-3243	412	5	about	about	ADP
fsr-3243	412	6	the	the	DET
fsr-3243	412	7	pwa	pwa	PROPN
fsr-3243	412	8	for	for	ADP
fsr-3243	412	9	different	different	ADJ
fsr-3243	412	10	portfolio	portfolio	NOUN
fsr-3243	412	11	compositions	composition	NOUN
fsr-3243	412	12	,	,	PUNCT
fsr-3243	412	13	we	we	PRON
fsr-3243	412	14	can	can	AUX
fsr-3243	412	15	proceed	proceed	VERB
fsr-3243	412	16	to	to	ADP
fsr-3243	412	17	the	the	DET
fsr-3243	412	18	derivation	derivation	NOUN
fsr-3243	412	19	of	of	ADP
fsr-3243	412	20	optimal	optimal	ADJ
fsr-3243	412	21	adaptive	adaptive	ADJ
fsr-3243	412	22	strategies	strategy	NOUN
fsr-3243	412	23	that	that	PRON
fsr-3243	412	24	produce	produce	VERB
fsr-3243	412	25	specific	specific	ADJ
fsr-3243	412	26	results	result	NOUN
fsr-3243	412	27	along	along	ADP
fsr-3243	412	28	any	any	PRON
fsr-3243	412	29	of	of	ADP
fsr-3243	412	30	the	the	DET
fsr-3243	412	31	relevant	relevant	ADJ
fsr-3243	412	32	dimensions	dimension	NOUN
fsr-3243	412	33	.	.	PUNCT
fsr-3243	413	1	here	here	ADV
fsr-3243	413	2	we	we	PRON
fsr-3243	413	3	would	would	AUX
fsr-3243	413	4	be	be	AUX
fsr-3243	413	5	interested	interested	ADJ
fsr-3243	413	6	in	in	ADP
fsr-3243	413	7	exploring	explore	VERB
fsr-3243	413	8	“	"	PUNCT
fsr-3243	413	9	gliding	glide	VERB
fsr-3243	413	10	”	"	PUNCT
fsr-3243	413	11	strategies	strategy	NOUN
fsr-3243	413	12	that	that	PRON
fsr-3243	413	13	change	change	VERB
fsr-3243	413	14	the	the	DET
fsr-3243	413	15	asset	asset	NOUN
fsr-3243	413	16	-	-	PUNCT
fsr-3243	413	17	mix	mix	NOUN
fsr-3243	413	18	over	over	ADP
fsr-3243	413	19	time	time	NOUN
fsr-3243	413	20	,	,	PUNCT
fsr-3243	413	21	as	as	ADV
fsr-3243	413	22	well	well	ADV
fsr-3243	413	23	.	.	PUNCT
fsr-3243	414	1	finally	finally	ADV
fsr-3243	414	2	,	,	PUNCT
fsr-3243	414	3	we	we	PRON
fsr-3243	414	4	see	see	VERB
fsr-3243	414	5	an	an	DET
fsr-3243	414	6	opportunity	opportunity	NOUN
fsr-3243	414	7	to	to	PART
fsr-3243	414	8	improve	improve	VERB
fsr-3243	414	9	the	the	DET
fsr-3243	414	10	computation	computation	NOUN
fsr-3243	414	11	of	of	ADP
fsr-3243	414	12	the	the	DET
fsr-3243	414	13	pwa	pwa	PROPN
fsr-3243	414	14	probability	probability	NOUN
fsr-3243	414	15	distributions	distribution	NOUN
fsr-3243	414	16	by	by	ADP
fsr-3243	414	17	using	use	VERB
fsr-3243	414	18	more	more	ADV
fsr-3243	414	19	advanced	advanced	ADJ
fsr-3243	414	20	methods	method	NOUN
fsr-3243	414	21	to	to	PART
fsr-3243	414	22	construct	construct	VERB
fsr-3243	414	23	the	the	DET
fsr-3243	414	24	probability	probability	NOUN
fsr-3243	414	25	profiles	profile	NOUN
fsr-3243	414	26	for	for	ADP
fsr-3243	414	27	the	the	DET
fsr-3243	414	28	financial	financial	ADJ
fsr-3243	414	29	assets	asset	NOUN
fsr-3243	414	30	’	'	PUNCT
fsr-3243	414	31	returns	return	NOUN
fsr-3243	414	32	.	.	PUNCT
fsr-3243	415	1	the	the	DET
fsr-3243	415	2	bootstrapping	bootstrappe	VERB
fsr-3243	415	3	procedure	procedure	NOUN
fsr-3243	415	4	used	use	VERB
fsr-3243	415	5	here	here	ADV
fsr-3243	415	6	is	be	AUX
fsr-3243	415	7	very	very	ADV
fsr-3243	415	8	practical	practical	ADJ
fsr-3243	415	9	,	,	PUNCT
fsr-3243	415	10	but	but	CCONJ
fsr-3243	415	11	we	we	PRON
fsr-3243	415	12	are	be	AUX
fsr-3243	415	13	aware	aware	ADJ
fsr-3243	415	14	of	of	ADP
fsr-3243	415	15	its	its	PRON
fsr-3243	415	16	numerous	numerous	ADJ
fsr-3243	415	17	drawbacks	drawback	NOUN
fsr-3243	415	18	.	.	PUNCT
fsr-3243	416	1	fig	fig	NOUN
fsr-3243	416	2	.	.	PUNCT
fsr-3243	417	1	18	18	NUM
fsr-3243	417	2	.	.	PUNCT
fsr-3243	417	3	comparison	comparison	NOUN
fsr-3243	417	4	of	of	ADP
fsr-3243	417	5	the	the	DET
fsr-3243	417	6	same	same	ADJ
fsr-3243	417	7	three	three	NUM
fsr-3243	417	8	strategies	strategy	NOUN
fsr-3243	417	9	as	as	ADP
fsr-3243	417	10	in	in	ADP
fsr-3243	417	11	fig	fig	NOUN
fsr-3243	417	12	.	.	PUNCT
fsr-3243	418	1	16	16	NUM
fsr-3243	418	2	,	,	PUNCT
fsr-3243	418	3	but	but	CCONJ
fsr-3243	418	4	now	now	ADV
fsr-3243	418	5	the	the	DET
fsr-3243	418	6	withdrawal	withdrawal	NOUN
fsr-3243	418	7	paths	path	NOUN
fsr-3243	418	8	are	be	AUX
fsr-3243	418	9	the	the	DET
fsr-3243	418	10	ones	one	NOUN
fsr-3243	418	11	produced	produce	VERB
fsr-3243	418	12	by	by	ADP
fsr-3243	418	13	the	the	DET
fsr-3243	418	14	sequence	sequence	NOUN
fsr-3243	418	15	in	in	ADP
fsr-3243	418	16	fig	fig	NOUN
fsr-3243	418	17	.	.	PUNCT
fsr-3243	419	1	17	17	NUM
fsr-3243	419	2	instead	instead	ADV
fsr-3243	419	3	of	of	ADP
fsr-3243	419	4	fig	fig	NOUN
fsr-3243	419	5	.	.	PUNCT
fsr-3243	420	1	1	1	X
fsr-3243	420	2	.	.	X
fsr-3243	421	1	the	the	DET
fsr-3243	421	2	4	4	NUM
fsr-3243	421	3	%	%	NOUN
fsr-3243	421	4	rule	rule	NOUN
fsr-3243	421	5	is	be	AUX
fsr-3243	421	6	closer	close	ADJ
fsr-3243	421	7	to	to	ADP
fsr-3243	421	8	the	the	DET
fsr-3243	421	9	other	other	ADJ
fsr-3243	421	10	two	two	NUM
fsr-3243	421	11	in	in	ADP
fsr-3243	421	12	this	this	DET
fsr-3243	421	13	case	case	NOUN
fsr-3243	421	14	,	,	PUNCT
fsr-3243	421	15	but	but	CCONJ
fsr-3243	421	16	it	it	PRON
fsr-3243	421	17	still	still	ADV
fsr-3243	421	18	results	result	VERB
fsr-3243	421	19	in	in	ADP
fsr-3243	421	20	a	a	DET
fsr-3243	421	21	significant	significant	ADJ
fsr-3243	421	22	bequest	bequest	NOUN
fsr-3243	421	23	of	of	ADP
fsr-3243	421	24	$	$	SYM
fsr-3243	421	25	735,059	735,059	NUM
fsr-3243	421	26	when	when	SCONJ
fsr-3243	421	27	none	none	NOUN
fsr-3243	421	28	was	be	AUX
fsr-3243	421	29	sought	seek	VERB
fsr-3243	421	30	.	.	PUNCT
fsr-3243	422	1	354	354	NUM
fsr-3243	422	2	e.d	e.d	PROPN
fsr-3243	422	3	.	.	PROPN
fsr-3243	422	4	suarez	suarez	PROPN
fsr-3243	422	5	et	et	PROPN
fsr-3243	422	6	al	al	PROPN
fsr-3243	422	7	.	.	PUNCT
fsr-3243	422	8	/	/	SYM
fsr-3243	422	9	financial	financial	ADJ
fsr-3243	422	10	services	service	NOUN
fsr-3243	422	11	review	review	VERB
fsr-3243	422	12	24	24	NUM
fsr-3243	422	13	(	(	PUNCT
fsr-3243	422	14	2015	2015	NUM
fsr-3243	422	15	)	)	PUNCT
fsr-3243	423	1	331–357	331–357	NUM
fsr-3243	423	2	notes	note	VERB
fsr-3243	423	3	1	1	NUM
fsr-3243	423	4	although	although	SCONJ
fsr-3243	423	5	not	not	PART
fsr-3243	423	6	entirely	entirely	ADV
fsr-3243	423	7	realistic	realistic	ADJ
fsr-3243	423	8	,	,	PUNCT
fsr-3243	423	9	the	the	DET
fsr-3243	423	10	assumption	assumption	NOUN
fsr-3243	423	11	of	of	ADP
fsr-3243	423	12	annual	annual	ADJ
fsr-3243	423	13	withdrawals	withdrawal	NOUN
fsr-3243	423	14	has	have	AUX
fsr-3243	423	15	been	be	AUX
fsr-3243	423	16	the	the	DET
fsr-3243	423	17	norm	norm	NOUN
fsr-3243	423	18	in	in	ADP
fsr-3243	423	19	withdrawal	withdrawal	NOUN
fsr-3243	423	20	rate	rate	NOUN
fsr-3243	423	21	studies	study	NOUN
fsr-3243	423	22	since	since	SCONJ
fsr-3243	423	23	the	the	DET
fsr-3243	423	24	“	"	PUNCT
fsr-3243	423	25	founding	founding	NOUN
fsr-3243	423	26	”	"	PUNCT
fsr-3243	423	27	of	of	ADP
fsr-3243	423	28	the	the	DET
fsr-3243	423	29	field	field	NOUN
fsr-3243	423	30	by	by	ADP
fsr-3243	423	31	bengen	bengen	NOUN
fsr-3243	423	32	(	(	PUNCT
fsr-3243	423	33	1994	1994	NUM
fsr-3243	423	34	)	)	PUNCT
fsr-3243	423	35	.	.	PUNCT
fsr-3243	424	1	2	2	NUM
fsr-3243	424	2	the	the	DET
fsr-3243	424	3	fact	fact	NOUN
fsr-3243	424	4	that	that	SCONJ
fsr-3243	424	5	this	this	PRON
fsr-3243	424	6	is	be	AUX
fsr-3243	424	7	a	a	DET
fsr-3243	424	8	mirror	mirror	NOUN
fsr-3243	424	9	image	image	NOUN
fsr-3243	424	10	of	of	ADP
fsr-3243	424	11	the	the	DET
fsr-3243	424	12	paying	pay	VERB
fsr-3243	424	13	-	-	PUNCT
fsr-3243	424	14	off	off	ADP
fsr-3243	424	15	-	-	PUNCT
fsr-3243	424	16	a	a	DET
fsr-3243	424	17	-	-	PUNCT
fsr-3243	424	18	loan	loan	NOUN
fsr-3243	424	19	situation	situation	NOUN
fsr-3243	424	20	means	mean	VERB
fsr-3243	424	21	that	that	SCONJ
fsr-3243	424	22	the	the	DET
fsr-3243	424	23	variable	variable	ADJ
fsr-3243	424	24	“	"	PUNCT
fsr-3243	424	25	r	r	NOUN
fsr-3243	424	26	”	"	PUNCT
fsr-3243	424	27	in	in	ADP
fsr-3243	424	28	the	the	DET
fsr-3243	424	29	typical	typical	ADJ
fsr-3243	424	30	formula	formula	NOUN
fsr-3243	424	31	is	be	AUX
fsr-3243	424	32	now	now	ADV
fsr-3243	424	33	a	a	DET
fsr-3243	424	34	return	return	NOUN
fsr-3243	424	35	rate	rate	NOUN
fsr-3243	424	36	instead	instead	ADV
fsr-3243	424	37	of	of	ADP
fsr-3243	424	38	an	an	DET
fsr-3243	424	39	interest	interest	NOUN
fsr-3243	424	40	rate	rate	NOUN
fsr-3243	424	41	,	,	PUNCT
fsr-3243	424	42	the	the	DET
fsr-3243	424	43	ending	end	VERB
fsr-3243	424	44	value	value	NOUN
fsr-3243	424	45	is	be	AUX
fsr-3243	424	46	available	available	ADJ
fsr-3243	424	47	capital	capital	NOUN
fsr-3243	424	48	instead	instead	ADV
fsr-3243	424	49	of	of	ADP
fsr-3243	424	50	unpaid	unpaid	ADJ
fsr-3243	424	51	balance	balance	NOUN
fsr-3243	424	52	,	,	PUNCT
fsr-3243	424	53	and	and	CCONJ
fsr-3243	424	54	the	the	DET
fsr-3243	424	55	result	result	NOUN
fsr-3243	424	56	of	of	ADP
fsr-3243	424	57	the	the	DET
fsr-3243	424	58	formula	formula	NOUN
fsr-3243	424	59	is	be	AUX
fsr-3243	424	60	a	a	DET
fsr-3243	424	61	payment	payment	NOUN
fsr-3243	424	62	from	from	ADP
fsr-3243	424	63	the	the	DET
fsr-3243	424	64	account	account	NOUN
fsr-3243	424	65	instead	instead	ADV
fsr-3243	424	66	of	of	ADP
fsr-3243	424	67	a	a	DET
fsr-3243	424	68	payment	payment	NOUN
fsr-3243	424	69	into	into	ADP
fsr-3243	424	70	the	the	DET
fsr-3243	424	71	loan	loan	NOUN
fsr-3243	424	72	.	.	PUNCT
fsr-3243	425	1	3	3	NUM
fsr-3243	425	2	blanchett	blanchett	PROPN
fsr-3243	425	3	,	,	PUNCT
fsr-3243	425	4	kowara	kowara	PROPN
fsr-3243	425	5	,	,	PUNCT
fsr-3243	425	6	and	and	CCONJ
fsr-3243	425	7	chen	chen	PROPN
fsr-3243	425	8	(	(	PUNCT
fsr-3243	425	9	2012	2012	NUM
fsr-3243	425	10	)	)	PUNCT
fsr-3243	425	11	presents	present	VERB
fsr-3243	425	12	a	a	DET
fsr-3243	425	13	measure	measure	NOUN
fsr-3243	425	14	similar	similar	ADJ
fsr-3243	425	15	to	to	ADP
fsr-3243	425	16	pwa	pwa	PROPN
fsr-3243	425	17	called	call	VERB
fsr-3243	425	18	sustainable	sustainable	ADJ
fsr-3243	425	19	spending	spending	NOUN
fsr-3243	425	20	rate	rate	NOUN
fsr-3243	425	21	(	(	PUNCT
fsr-3243	425	22	ssr	ssr	PROPN
fsr-3243	425	23	)	)	PUNCT
fsr-3243	425	24	.	.	PUNCT
fsr-3243	426	1	our	our	PRON
fsr-3243	426	2	pwa	pwa	PROPN
fsr-3243	426	3	was	be	AUX
fsr-3243	426	4	developed	develop	VERB
fsr-3243	426	5	independently	independently	ADV
fsr-3243	426	6	,	,	PUNCT
fsr-3243	426	7	but	but	CCONJ
fsr-3243	426	8	it	it	PRON
fsr-3243	426	9	turns	turn	VERB
fsr-3243	426	10	out	out	ADP
fsr-3243	426	11	to	to	PART
fsr-3243	426	12	be	be	AUX
fsr-3243	426	13	a	a	DET
fsr-3243	426	14	generalization	generalization	NOUN
fsr-3243	426	15	of	of	ADP
fsr-3243	426	16	ssr	ssr	PROPN
fsr-3243	426	17	,	,	PUNCT
fsr-3243	426	18	ssr	ssr	PROPN
fsr-3243	426	19	being	be	AUX
fsr-3243	426	20	the	the	DET
fsr-3243	426	21	pwa	pwa	PROPN
fsr-3243	426	22	when	when	SCONJ
fsr-3243	426	23	the	the	DET
fsr-3243	426	24	starting	starting	NOUN
fsr-3243	426	25	balance	balance	NOUN
fsr-3243	426	26	is	be	AUX
fsr-3243	426	27	$	$	SYM
fsr-3243	426	28	1	1	NUM
fsr-3243	426	29	and	and	CCONJ
fsr-3243	426	30	the	the	DET
fsr-3243	426	31	desired	desire	VERB
fsr-3243	426	32	ending	ending	NOUN
fsr-3243	426	33	balance	balance	NOUN
fsr-3243	426	34	is	be	AUX
fsr-3243	426	35	zero	zero	NUM
fsr-3243	426	36	.	.	PUNCT
fsr-3243	426	37	4	4	NUM
fsr-3243	426	38	the	the	DET
fsr-3243	426	39	sequencing	sequence	VERB
fsr-3243	426	40	factor	factor	NOUN
fsr-3243	426	41	formula	formula	NOUN
fsr-3243	426	42	is	be	AUX
fsr-3243	426	43	the	the	DET
fsr-3243	426	44	same	same	ADJ
fsr-3243	426	45	as	as	ADP
fsr-3243	426	46	the	the	DET
fsr-3243	426	47	sinking	sink	VERB
fsr-3243	426	48	fund	fund	NOUN
fsr-3243	426	49	factor	factor	NOUN
fsr-3243	426	50	under	under	ADP
fsr-3243	426	51	variable	variable	ADJ
fsr-3243	426	52	rates	rate	NOUN
fsr-3243	426	53	of	of	ADP
fsr-3243	426	54	return	return	NOUN
fsr-3243	426	55	,	,	PUNCT
fsr-3243	426	56	but	but	CCONJ
fsr-3243	426	57	the	the	DET
fsr-3243	426	58	interpretation	interpretation	NOUN
fsr-3243	426	59	and	and	CCONJ
fsr-3243	426	60	application	application	NOUN
fsr-3243	426	61	is	be	AUX
fsr-3243	426	62	thoroughly	thoroughly	ADV
fsr-3243	426	63	different	different	ADJ
fsr-3243	426	64	in	in	ADP
fsr-3243	426	65	each	each	DET
fsr-3243	426	66	case	case	NOUN
fsr-3243	426	67	.	.	PUNCT
fsr-3243	427	1	5	5	NUM
fsr-3243	427	2	actually	actually	ADV
fsr-3243	427	3	,	,	PUNCT
fsr-3243	427	4	considering	consider	VERB
fsr-3243	427	5	only	only	ADV
fsr-3243	427	6	formal	formal	ADJ
fsr-3243	427	7	,	,	PUNCT
fsr-3243	427	8	mathematically	mathematically	ADV
fsr-3243	427	9	explicit	explicit	ADJ
fsr-3243	427	10	models	model	NOUN
fsr-3243	427	11	,	,	PUNCT
fsr-3243	427	12	the	the	DET
fsr-3243	427	13	authors	author	NOUN
fsr-3243	427	14	were	be	AUX
fsr-3243	427	15	unable	unable	ADJ
fsr-3243	427	16	to	to	PART
fsr-3243	427	17	find	find	VERB
fsr-3243	427	18	a	a	DET
fsr-3243	427	19	single	single	ADJ
fsr-3243	427	20	study	study	NOUN
fsr-3243	427	21	where	where	SCONJ
fsr-3243	427	22	the	the	DET
fsr-3243	427	23	desired	desire	VERB
fsr-3243	427	24	bequest	bequest	NOUN
fsr-3243	427	25	is	be	AUX
fsr-3243	427	26	an	an	DET
fsr-3243	427	27	input	input	NOUN
fsr-3243	427	28	in	in	ADP
fsr-3243	427	29	the	the	DET
fsr-3243	427	30	calculations	calculation	NOUN
fsr-3243	427	31	.	.	PUNCT
fsr-3243	428	1	6	6	NUM
fsr-3243	428	2	similar	similar	ADJ
fsr-3243	428	3	“	"	PUNCT
fsr-3243	428	4	bootstrapping	bootstrapping	ADJ
fsr-3243	428	5	”	"	PUNCT
fsr-3243	428	6	procedures	procedure	NOUN
fsr-3243	428	7	are	be	AUX
fsr-3243	428	8	used	use	VERB
fsr-3243	428	9	,	,	PUNCT
fsr-3243	428	10	for	for	ADP
fsr-3243	428	11	example	example	NOUN
fsr-3243	428	12	,	,	PUNCT
fsr-3243	428	13	in	in	ADP
fsr-3243	428	14	blanchett	blanchett	PROPN
fsr-3243	428	15	(	(	PUNCT
fsr-3243	428	16	2007	2007	NUM
fsr-3243	428	17	)	)	PUNCT
fsr-3243	428	18	;	;	PUNCT
fsr-3243	428	19	blanchett	blanchett	PROPN
fsr-3243	428	20	and	and	CCONJ
fsr-3243	428	21	frank	frank	PROPN
fsr-3243	428	22	(	(	PUNCT
fsr-3243	428	23	2009	2009	NUM
fsr-3243	428	24	)	)	PUNCT
fsr-3243	428	25	;	;	PUNCT
fsr-3243	428	26	spitzer	spitzer	NOUN
fsr-3243	428	27	(	(	PUNCT
fsr-3243	428	28	2008	2008	NUM
fsr-3243	428	29	)	)	PUNCT
fsr-3243	428	30	;	;	PUNCT
fsr-3243	428	31	spitzer	spitzer	NOUN
fsr-3243	428	32	,	,	PUNCT
fsr-3243	428	33	strieter	strieter	PROPN
fsr-3243	428	34	,	,	PUNCT
fsr-3243	428	35	and	and	CCONJ
fsr-3243	428	36	singh	singh	PROPN
fsr-3243	428	37	(	(	PUNCT
fsr-3243	428	38	2007	2007	NUM
fsr-3243	428	39	)	)	PUNCT
fsr-3243	428	40	;	;	PUNCT
fsr-3243	428	41	and	and	CCONJ
fsr-3243	428	42	zolt	zolt	PROPN
fsr-3243	428	43	(	(	PUNCT
fsr-3243	428	44	2013	2013	NUM
fsr-3243	428	45	)	)	PUNCT
fsr-3243	428	46	.	.	PUNCT
fsr-3243	429	1	7	7	NUM
fsr-3243	429	2	in	in	ADP
fsr-3243	429	3	the	the	DET
fsr-3243	429	4	previous	previous	ADJ
fsr-3243	429	5	section	section	NOUN
fsr-3243	429	6	we	we	PRON
fsr-3243	429	7	said	say	VERB
fsr-3243	429	8	that	that	SCONJ
fsr-3243	429	9	we	we	PRON
fsr-3243	429	10	characterize	characterize	VERB
fsr-3243	429	11	each	each	DET
fsr-3243	429	12	sequence	sequence	NOUN
fsr-3243	429	13	of	of	ADP
fsr-3243	429	14	returns	return	NOUN
fsr-3243	429	15	by	by	ADP
fsr-3243	429	16	its	its	PRON
fsr-3243	429	17	corresponding	corresponding	ADJ
fsr-3243	429	18	pwa	pwa	PROPN
fsr-3243	429	19	,	,	PUNCT
fsr-3243	429	20	but	but	CCONJ
fsr-3243	429	21	this	this	PRON
fsr-3243	429	22	is	be	AUX
fsr-3243	429	23	only	only	ADV
fsr-3243	429	24	an	an	DET
fsr-3243	429	25	intuitive	intuitive	ADJ
fsr-3243	429	26	description	description	NOUN
fsr-3243	429	27	.	.	PUNCT
fsr-3243	430	1	the	the	DET
fsr-3243	430	2	formally	formally	ADV
fsr-3243	430	3	correct	correct	ADJ
fsr-3243	430	4	statement	statement	NOUN
fsr-3243	430	5	is	be	AUX
fsr-3243	430	6	that	that	SCONJ
fsr-3243	430	7	we	we	PRON
fsr-3243	430	8	characterize	characterize	VERB
fsr-3243	430	9	each	each	DET
fsr-3243	430	10	sequence	sequence	NOUN
fsr-3243	430	11	by	by	ADP
fsr-3243	430	12	its	its	PRON
fsr-3243	430	13	corresponding	correspond	VERB
fsr-3243	430	14	(	(	PUNCT
fsr-3243	430	15	rn	rn	PROPN
fsr-3243	430	16	,	,	PUNCT
fsr-3243	430	17	sn	sn	NOUN
fsr-3243	430	18	)	)	PUNCT
fsr-3243	430	19	pair	pair	NOUN
fsr-3243	430	20	.	.	PUNCT
fsr-3243	431	1	to	to	PART
fsr-3243	431	2	obtain	obtain	VERB
fsr-3243	431	3	an	an	DET
fsr-3243	431	4	actual	actual	ADJ
fsr-3243	431	5	pwa	pwa	NOUN
fsr-3243	431	6	for	for	ADP
fsr-3243	431	7	a	a	DET
fsr-3243	431	8	specific	specific	ADJ
fsr-3243	431	9	sequence	sequence	NOUN
fsr-3243	431	10	of	of	ADP
fsr-3243	431	11	returns	return	NOUN
fsr-3243	431	12	,	,	PUNCT
fsr-3243	431	13	the	the	DET
fsr-3243	431	14	current	current	ADJ
fsr-3243	431	15	balance	balance	NOUN
fsr-3243	431	16	and	and	CCONJ
fsr-3243	431	17	the	the	DET
fsr-3243	431	18	bequest	bequest	NOUN
fsr-3243	431	19	target	target	NOUN
fsr-3243	431	20	must	must	AUX
fsr-3243	431	21	be	be	AUX
fsr-3243	431	22	provided	provide	VERB
fsr-3243	431	23	.	.	PUNCT
fsr-3243	431	24	8	8	NUM
fsr-3243	431	25	for	for	ADP
fsr-3243	431	26	the	the	DET
fsr-3243	431	27	(	(	PUNCT
fsr-3243	431	28	rn	rn	PROPN
fsr-3243	431	29	,	,	PUNCT
fsr-3243	431	30	sn	sn	NOUN
fsr-3243	431	31	)	)	PUNCT
fsr-3243	431	32	pairs	pair	NOUN
fsr-3243	431	33	that	that	PRON
fsr-3243	431	34	produce	produce	VERB
fsr-3243	431	35	a	a	DET
fsr-3243	431	36	negative	negative	ADJ
fsr-3243	431	37	ending	end	VERB
fsr-3243	431	38	balance	balance	NOUN
fsr-3243	431	39	,	,	PUNCT
fsr-3243	431	40	the	the	DET
fsr-3243	431	41	numerical	numerical	ADJ
fsr-3243	431	42	value	value	NOUN
fsr-3243	431	43	of	of	ADP
fsr-3243	431	44	this	this	DET
fsr-3243	431	45	formula	formula	NOUN
fsr-3243	431	46	would	would	AUX
fsr-3243	431	47	be	be	AUX
fsr-3243	431	48	wrong	wrong	ADJ
fsr-3243	431	49	because	because	SCONJ
fsr-3243	431	50	the	the	DET
fsr-3243	431	51	yields	yield	NOUN
fsr-3243	431	52	cease	cease	VERB
fsr-3243	431	53	to	to	PART
fsr-3243	431	54	apply	apply	VERB
fsr-3243	431	55	once	once	SCONJ
fsr-3243	431	56	the	the	DET
fsr-3243	431	57	balance	balance	NOUN
fsr-3243	431	58	moves	move	VERB
fsr-3243	431	59	into	into	ADP
fsr-3243	431	60	the	the	DET
fsr-3243	431	61	red	red	NOUN
fsr-3243	431	62	.	.	PUNCT
fsr-3243	432	1	but	but	CCONJ
fsr-3243	432	2	the	the	DET
fsr-3243	432	3	tabulation	tabulation	NOUN
fsr-3243	432	4	can	can	AUX
fsr-3243	432	5	show	show	VERB
fsr-3243	432	6	the	the	DET
fsr-3243	432	7	size	size	NOUN
fsr-3243	432	8	distribution	distribution	NOUN
fsr-3243	432	9	of	of	ADP
fsr-3243	432	10	the	the	DET
fsr-3243	432	11	positive	positive	ADJ
fsr-3243	432	12	ending	ending	NOUN
fsr-3243	432	13	balances	balance	NOUN
fsr-3243	432	14	,	,	PUNCT
fsr-3243	432	15	with	with	ADP
fsr-3243	432	16	the	the	DET
fsr-3243	432	17	rest	rest	NOUN
fsr-3243	432	18	marked	mark	VERB
fsr-3243	432	19	as	as	ADP
fsr-3243	432	20	“	"	PUNCT
fsr-3243	432	21	failures	failure	NOUN
fsr-3243	432	22	.	.	PUNCT
fsr-3243	432	23	”	"	PUNCT
fsr-3243	433	1	9	9	NUM
fsr-3243	433	2	eq	eq	NOUN
fsr-3243	433	3	.	.	PUNCT
fsr-3243	434	1	(	(	PUNCT
fsr-3243	434	2	8)	8)	NUM
fsr-3243	434	3	is	be	AUX
fsr-3243	434	4	obtained	obtain	VERB
fsr-3243	434	5	simply	simply	ADV
fsr-3243	434	6	by	by	ADP
fsr-3243	434	7	changing	change	VERB
fsr-3243	434	8	the	the	DET
fsr-3243	434	9	standpoint	standpoint	NOUN
fsr-3243	434	10	of	of	ADP
fsr-3243	434	11	the	the	DET
fsr-3243	434	12	evaluation	evaluation	NOUN
fsr-3243	434	13	:	:	PUNCT
fsr-3243	434	14	from	from	SCONJ
fsr-3243	434	15	before	before	SCONJ
fsr-3243	434	16	the	the	DET
fsr-3243	434	17	current	current	ADJ
fsr-3243	434	18	year	year	NOUN
fsr-3243	434	19	’s	’s	PART
fsr-3243	434	20	withdrawal	withdrawal	NOUN
fsr-3243	434	21	is	be	AUX
fsr-3243	434	22	made	make	VERB
fsr-3243	434	23	,	,	PUNCT
fsr-3243	434	24	to	to	ADP
fsr-3243	434	25	after	after	SCONJ
fsr-3243	434	26	it	it	PRON
fsr-3243	434	27	has	have	AUX
fsr-3243	434	28	been	be	AUX
fsr-3243	434	29	made	make	VERB
fsr-3243	434	30	but	but	CCONJ
fsr-3243	434	31	before	before	SCONJ
fsr-3243	434	32	the	the	DET
fsr-3243	434	33	current	current	ADJ
fsr-3243	434	34	year	year	NOUN
fsr-3243	434	35	’s	’s	PART
fsr-3243	434	36	return	return	NOUN
fsr-3243	434	37	hits	hit	VERB
fsr-3243	434	38	the	the	DET
fsr-3243	434	39	balance	balance	NOUN
fsr-3243	434	40	.	.	PUNCT
fsr-3243	435	1	in	in	ADP
fsr-3243	435	2	other	other	ADJ
fsr-3243	435	3	words	word	NOUN
fsr-3243	435	4	,	,	PUNCT
fsr-3243	435	5	we	we	PRON
fsr-3243	435	6	perform	perform	VERB
fsr-3243	435	7	the	the	DET
fsr-3243	435	8	evaluation	evaluation	NOUN
fsr-3243	435	9	assuming	assume	VERB
fsr-3243	435	10	we	we	PRON
fsr-3243	435	11	are	be	AUX
fsr-3243	435	12	in	in	ADP
fsr-3243	435	13	the	the	DET
fsr-3243	435	14	middle	middle	NOUN
fsr-3243	435	15	of	of	ADP
fsr-3243	435	16	the	the	DET
fsr-3243	435	17	year	year	NOUN
fsr-3243	435	18	,	,	PUNCT
fsr-3243	435	19	instead	instead	ADV
fsr-3243	435	20	of	of	ADP
fsr-3243	435	21	at	at	ADP
fsr-3243	435	22	the	the	DET
fsr-3243	435	23	very	very	ADJ
fsr-3243	435	24	beginning	beginning	NOUN
fsr-3243	435	25	.	.	PUNCT
fsr-3243	436	1	this	this	PRON
fsr-3243	436	2	changes	change	VERB
fsr-3243	436	3	the	the	DET
fsr-3243	436	4	starting	start	VERB
fsr-3243	436	5	balance	balance	NOUN
fsr-3243	436	6	from	from	ADP
fsr-3243	436	7	ks	ks	PROPN
fsr-3243	436	8	to	to	ADP
fsr-3243	436	9	ks	ks	PROPN
fsr-3243	436	10	-	-	PROPN
fsr-3243	436	11	w	w	NOUN
fsr-3243	436	12	*	*	PUNCT
fsr-3243	436	13	,	,	PUNCT
fsr-3243	436	14	but	but	CCONJ
fsr-3243	436	15	leaves	leave	VERB
fsr-3243	436	16	the	the	DET
fsr-3243	436	17	sequence	sequence	NOUN
fsr-3243	436	18	of	of	ADP
fsr-3243	436	19	yield	yield	NOUN
fsr-3243	436	20	accruals	accrual	NOUN
fsr-3243	436	21	unchanged	unchanged	ADJ
fsr-3243	436	22	.	.	PUNCT
fsr-3243	437	1	10	10	NUM
fsr-3243	437	2	we	we	PRON
fsr-3243	437	3	thank	thank	VERB
fsr-3243	437	4	an	an	DET
fsr-3243	437	5	anonymous	anonymous	ADJ
fsr-3243	437	6	reviewer	reviewer	NOUN
fsr-3243	437	7	for	for	ADP
fsr-3243	437	8	comments	comment	NOUN
fsr-3243	437	9	that	that	PRON
fsr-3243	437	10	led	lead	VERB
fsr-3243	437	11	to	to	ADP
fsr-3243	437	12	the	the	DET
fsr-3243	437	13	development	development	NOUN
fsr-3243	437	14	of	of	ADP
fsr-3243	437	15	the	the	DET
fsr-3243	437	16	tables	table	NOUN
fsr-3243	437	17	in	in	ADP
fsr-3243	437	18	figs	fig	NOUN
fsr-3243	437	19	.	.	PUNCT
fsr-3243	438	1	8	8	NUM
fsr-3243	438	2	and	and	CCONJ
fsr-3243	438	3	9	9	NUM
fsr-3243	438	4	.	.	NOUN
fsr-3243	438	5	11	11	NUM
fsr-3243	438	6	approaching	approach	VERB
fsr-3243	438	7	the	the	DET
fsr-3243	438	8	problem	problem	NOUN
fsr-3243	438	9	from	from	ADP
fsr-3243	438	10	a	a	DET
fsr-3243	438	11	different	different	ADJ
fsr-3243	438	12	angle	angle	NOUN
fsr-3243	438	13	,	,	PUNCT
fsr-3243	438	14	robinson	robinson	PROPN
fsr-3243	438	15	and	and	CCONJ
fsr-3243	438	16	tahani	tahani	PROPN
fsr-3243	438	17	(	(	PUNCT
fsr-3243	438	18	2010	2010	NUM
fsr-3243	438	19	)	)	PUNCT
fsr-3243	438	20	also	also	ADV
fsr-3243	438	21	produce	produce	VERB
fsr-3243	438	22	non	non	ADJ
fsr-3243	438	23	-	-	ADJ
fsr-3243	438	24	constant	constant	ADJ
fsr-3243	438	25	withdrawal	withdrawal	NOUN
fsr-3243	438	26	profiles	profile	NOUN
fsr-3243	438	27	.	.	PUNCT
fsr-3243	439	1	12	12	NUM
fsr-3243	439	2	the	the	DET
fsr-3243	439	3	three	three	NUM
fsr-3243	439	4	return	return	NOUN
fsr-3243	439	5	sequences	sequence	NOUN
fsr-3243	439	6	involved	involve	VERB
fsr-3243	439	7	in	in	ADP
fsr-3243	439	8	the	the	DET
fsr-3243	439	9	figures	figure	NOUN
fsr-3243	439	10	were	be	AUX
fsr-3243	439	11	produced	produce	VERB
fsr-3243	439	12	randomly	randomly	ADV
fsr-3243	439	13	by	by	ADP
fsr-3243	439	14	the	the	DET
fsr-3243	439	15	monte	monte	PROPN
fsr-3243	439	16	carlo	carlo	NOUN
fsr-3243	439	17	engine	engine	NOUN
fsr-3243	439	18	,	,	PUNCT
fsr-3243	439	19	but	but	CCONJ
fsr-3243	439	20	they	they	PRON
fsr-3243	439	21	are	be	AUX
fsr-3243	439	22	not	not	PART
fsr-3243	439	23	equally	equally	ADV
fsr-3243	439	24	likely	likely	ADJ
fsr-3243	439	25	.	.	PUNCT
fsr-3243	440	1	we	we	PRON
fsr-3243	440	2	selected	select	VERB
fsr-3243	440	3	them	they	PRON
fsr-3243	440	4	intentionally	intentionally	ADV
fsr-3243	440	5	,	,	PUNCT
fsr-3243	440	6	out	out	ADP
fsr-3243	440	7	of	of	ADP
fsr-3243	440	8	the	the	DET
fsr-3243	440	9	set	set	NOUN
fsr-3243	440	10	of	of	ADP
fsr-3243	440	11	20,000	20,000	NUM
fsr-3243	440	12	runs	run	NOUN
fsr-3243	440	13	,	,	PUNCT
fsr-3243	440	14	to	to	PART
fsr-3243	440	15	illustrate	illustrate	VERB
fsr-3243	440	16	different	different	ADJ
fsr-3243	440	17	possibilities	possibility	NOUN
fsr-3243	440	18	for	for	ADP
fsr-3243	440	19	the	the	DET
fsr-3243	440	20	resulting	result	VERB
fsr-3243	440	21	withdrawal	withdrawal	NOUN
fsr-3243	440	22	path	path	NOUN
fsr-3243	440	23	.	.	PUNCT
fsr-3243	441	1	13	13	NUM
fsr-3243	441	2	this	this	DET
fsr-3243	441	3	strategy	strategy	NOUN
fsr-3243	441	4	developed	develop	VERB
fsr-3243	441	5	from	from	ADP
fsr-3243	441	6	suggestions	suggestion	NOUN
fsr-3243	441	7	by	by	ADP
fsr-3243	441	8	an	an	DET
fsr-3243	441	9	anonymous	anonymous	ADJ
fsr-3243	441	10	reviewer	reviewer	NOUN
fsr-3243	441	11	,	,	PUNCT
fsr-3243	441	12	which	which	PRON
fsr-3243	441	13	we	we	PRON
fsr-3243	441	14	thankfully	thankfully	ADV
fsr-3243	441	15	acknowledge	acknowledge	VERB
fsr-3243	441	16	.	.	PUNCT
fsr-3243	442	1	355e.d	355e.d	X
fsr-3243	442	2	.	.	PUNCT
fsr-3243	443	1	suarez	suarez	PROPN
fsr-3243	443	2	et	et	PROPN
fsr-3243	443	3	al	al	PROPN
fsr-3243	443	4	.	.	PUNCT
fsr-3243	443	5	/	/	SYM
fsr-3243	443	6	financial	financial	ADJ
fsr-3243	443	7	services	service	NOUN
fsr-3243	443	8	review	review	VERB
fsr-3243	443	9	24	24	NUM
fsr-3243	443	10	(	(	PUNCT
fsr-3243	443	11	2015	2015	NUM
fsr-3243	443	12	)	)	PUNCT
fsr-3243	443	13	331–357	331–357	NUM
fsr-3243	443	14	acknowledgment	acknowledgment	NOUN
fsr-3243	443	15	we	we	PRON
fsr-3243	443	16	thank	thank	VERB
fsr-3243	443	17	david	david	PROPN
fsr-3243	443	18	blanchett	blanchett	PROPN
fsr-3243	443	19	,	,	PUNCT
fsr-3243	443	20	wade	wade	PROPN
fsr-3243	443	21	pfau	pfau	PROPN
fsr-3243	443	22	,	,	PUNCT
fsr-3243	443	23	and	and	CCONJ
fsr-3243	443	24	conference	conference	NOUN
fsr-3243	443	25	participants	participant	NOUN
fsr-3243	443	26	at	at	ADP
fsr-3243	443	27	the	the	DET
fsr-3243	443	28	2014	2014	NUM
fsr-3243	443	29	annual	annual	ADJ
fsr-3243	443	30	meeting	meeting	NOUN
fsr-3243	443	31	of	of	ADP
fsr-3243	443	32	the	the	DET
fsr-3243	443	33	academy	academy	NOUN
fsr-3243	443	34	of	of	ADP
fsr-3243	443	35	financial	financial	ADJ
fsr-3243	443	36	services	service	NOUN
fsr-3243	443	37	at	at	ADP
fsr-3243	443	38	nashville	nashville	PROPN
fsr-3243	443	39	,	,	PUNCT
fsr-3243	443	40	for	for	ADP
fsr-3243	443	41	helpful	helpful	ADJ
fsr-3243	443	42	comments	comment	NOUN
fsr-3243	443	43	to	to	ADP
fsr-3243	443	44	an	an	DET
fsr-3243	443	45	earlier	early	ADJ
fsr-3243	443	46	version	version	NOUN
fsr-3243	443	47	of	of	ADP
fsr-3243	443	48	this	this	DET
fsr-3243	443	49	article	article	NOUN
fsr-3243	443	50	.	.	PUNCT
fsr-3243	444	1	references	reference	NOUN
fsr-3243	444	2	bengen	bengen	VERB
fsr-3243	444	3	,	,	PUNCT
fsr-3243	444	4	w.	w.	PROPN
fsr-3243	444	5	p.	p.	PROPN
fsr-3243	444	6	(	(	PUNCT
fsr-3243	444	7	1994	1994	NUM
fsr-3243	444	8	)	)	PUNCT
fsr-3243	444	9	.	.	PUNCT
fsr-3243	445	1	determining	determine	VERB
fsr-3243	445	2	withdrawal	withdrawal	NOUN
fsr-3243	445	3	rates	rate	NOUN
fsr-3243	445	4	using	use	VERB
fsr-3243	445	5	historical	historical	ADJ
fsr-3243	445	6	data	datum	NOUN
fsr-3243	445	7	.	.	PUNCT
fsr-3243	446	1	journal	journal	PROPN
fsr-3243	446	2	of	of	ADP
fsr-3243	446	3	financial	financial	ADJ
fsr-3243	446	4	planning	planning	NOUN
fsr-3243	446	5	,	,	PUNCT
fsr-3243	446	6	7	7	NUM
fsr-3243	446	7	,	,	PUNCT
fsr-3243	446	8	171–180	171–180	NUM
fsr-3243	446	9	.	.	PUNCT
fsr-3243	446	10	bengen	bengen	PROPN
fsr-3243	446	11	,	,	PUNCT
fsr-3243	446	12	w.	w.	PROPN
fsr-3243	446	13	p.	p.	PROPN
fsr-3243	446	14	(	(	PUNCT
fsr-3243	446	15	2006	2006	NUM
fsr-3243	446	16	)	)	PUNCT
fsr-3243	446	17	.	.	PUNCT
fsr-3243	447	1	baking	bake	VERB
fsr-3243	447	2	a	a	DET
fsr-3243	447	3	withdrawal	withdrawal	NOUN
fsr-3243	447	4	plan	plan	NOUN
fsr-3243	447	5	‘	'	PUNCT
fsr-3243	447	6	layer	layer	NOUN
fsr-3243	447	7	cake	cake	NOUN
fsr-3243	447	8	’	'	PUNCT
fsr-3243	447	9	for	for	ADP
fsr-3243	447	10	your	your	PRON
fsr-3243	447	11	retirement	retirement	NOUN
fsr-3243	447	12	clients	client	NOUN
fsr-3243	447	13	.	.	PUNCT
fsr-3243	448	1	journal	journal	NOUN
fsr-3243	448	2	of	of	ADP
fsr-3243	448	3	financial	financial	ADJ
fsr-3243	448	4	planning	planning	NOUN
fsr-3243	448	5	,	,	PUNCT
fsr-3243	448	6	19	19	NUM
fsr-3243	448	7	,	,	PUNCT
fsr-3243	448	8	44–51	44–51	NUM
fsr-3243	448	9	.	.	PUNCT
fsr-3243	449	1	bernard	bernard	PROPN
fsr-3243	449	2	,	,	PUNCT
fsr-3243	449	3	g.	g.	PROPN
fsr-3243	449	4	a.	a.	PROPN
fsr-3243	449	5	(	(	PUNCT
fsr-3243	449	6	2011	2011	NUM
fsr-3243	449	7	)	)	PUNCT
fsr-3243	449	8	.	.	PUNCT
fsr-3243	450	1	systematic	systematic	ADJ
fsr-3243	450	2	withdrawal	withdrawal	NOUN
fsr-3243	450	3	programs	program	NOUN
fsr-3243	450	4	:	:	PUNCT
fsr-3243	450	5	unsafe	unsafe	ADJ
fsr-3243	450	6	at	at	ADP
fsr-3243	450	7	any	any	DET
fsr-3243	450	8	speed	speed	NOUN
fsr-3243	450	9	.	.	PUNCT
fsr-3243	451	1	journal	journal	NOUN
fsr-3243	451	2	of	of	ADP
fsr-3243	451	3	financial	financial	ADJ
fsr-3243	451	4	service	service	NOUN
fsr-3243	451	5	professionals	professional	NOUN
fsr-3243	451	6	,	,	PUNCT
fsr-3243	451	7	65	65	NUM
fsr-3243	451	8	,	,	PUNCT
fsr-3243	451	9	44–61	44–61	PROPN
fsr-3243	451	10	.	.	PUNCT
fsr-3243	452	1	blanchett	blanchett	PROPN
fsr-3243	452	2	,	,	PUNCT
fsr-3243	452	3	d.	d.	PROPN
fsr-3243	452	4	m.	m.	PROPN
fsr-3243	452	5	(	(	PUNCT
fsr-3243	452	6	2007	2007	NUM
fsr-3243	452	7	)	)	PUNCT
fsr-3243	452	8	.	.	PUNCT
fsr-3243	453	1	dynamic	dynamic	ADJ
fsr-3243	453	2	allocation	allocation	NOUN
fsr-3243	453	3	strategies	strategy	NOUN
fsr-3243	453	4	for	for	ADP
fsr-3243	453	5	distribution	distribution	NOUN
fsr-3243	453	6	portfolios	portfolio	NOUN
fsr-3243	453	7	:	:	PUNCT
fsr-3243	453	8	determining	determine	VERB
fsr-3243	453	9	the	the	DET
fsr-3243	453	10	optimal	optimal	ADJ
fsr-3243	453	11	distribution	distribution	NOUN
fsr-3243	453	12	glide	glide	NOUN
fsr-3243	453	13	path	path	NOUN
fsr-3243	453	14	.	.	PUNCT
fsr-3243	454	1	journal	journal	NOUN
fsr-3243	454	2	of	of	ADP
fsr-3243	454	3	financial	financial	ADJ
fsr-3243	454	4	planning	planning	NOUN
fsr-3243	454	5	,	,	PUNCT
fsr-3243	454	6	20	20	NUM
fsr-3243	454	7	,	,	PUNCT
fsr-3243	454	8	68–81	68–81	NUM
fsr-3243	454	9	.	.	PUNCT
fsr-3243	455	1	blanchett	blanchett	PROPN
fsr-3243	455	2	,	,	PUNCT
fsr-3243	455	3	d.	d.	PROPN
fsr-3243	455	4	m.	m.	PROPN
fsr-3243	455	5	,	,	PUNCT
fsr-3243	455	6	&	&	CCONJ
fsr-3243	455	7	blanchett	blanchett	PROPN
fsr-3243	455	8	,	,	PUNCT
fsr-3243	455	9	b.	b.	PROPN
fsr-3243	455	10	c.	c.	PROPN
fsr-3243	455	11	(	(	PUNCT
fsr-3243	455	12	2008	2008	NUM
fsr-3243	455	13	)	)	PUNCT
fsr-3243	455	14	.	.	PUNCT
fsr-3243	456	1	joint	joint	ADJ
fsr-3243	456	2	life	life	NOUN
fsr-3243	456	3	expectancy	expectancy	NOUN
fsr-3243	456	4	and	and	CCONJ
fsr-3243	456	5	the	the	DET
fsr-3243	456	6	retirement	retirement	NOUN
fsr-3243	456	7	distribution	distribution	NOUN
fsr-3243	456	8	period	period	NOUN
fsr-3243	456	9	.	.	PUNCT
fsr-3243	457	1	journal	journal	NOUN
fsr-3243	457	2	of	of	ADP
fsr-3243	457	3	financial	financial	ADJ
fsr-3243	457	4	planning	planning	NOUN
fsr-3243	457	5	,	,	PUNCT
fsr-3243	457	6	21	21	NUM
fsr-3243	457	7	,	,	PUNCT
fsr-3243	457	8	54–60	54–60	NUM
fsr-3243	457	9	.	.	PUNCT
fsr-3243	458	1	blanchett	blanchett	PROPN
fsr-3243	458	2	,	,	PUNCT
fsr-3243	458	3	d.	d.	PROPN
fsr-3243	458	4	,	,	PUNCT
fsr-3243	458	5	finke	finke	PROPN
fsr-3243	458	6	,	,	PUNCT
fsr-3243	458	7	m.	m.	NOUN
fsr-3243	458	8	,	,	PUNCT
fsr-3243	458	9	&	&	CCONJ
fsr-3243	458	10	pfau	pfau	NOUN
fsr-3243	458	11	,	,	PUNCT
fsr-3243	458	12	w.	w.	PROPN
fsr-3243	458	13	d.	d.	PROPN
fsr-3243	458	14	(	(	PUNCT
fsr-3243	458	15	2014	2014	NUM
fsr-3243	458	16	)	)	PUNCT
fsr-3243	458	17	.	.	PUNCT
fsr-3243	459	1	asset	asset	NOUN
fsr-3243	459	2	valuations	valuation	NOUN
fsr-3243	459	3	and	and	CCONJ
fsr-3243	459	4	safe	safe	ADJ
fsr-3243	459	5	portfolio	portfolio	NOUN
fsr-3243	459	6	withdrawal	withdrawal	NOUN
fsr-3243	459	7	rates	rate	NOUN
fsr-3243	459	8	.	.	PUNCT
fsr-3243	460	1	the	the	DET
fsr-3243	460	2	retirement	retirement	PROPN
fsr-3243	460	3	management	management	PROPN
fsr-3243	460	4	journal	journal	NOUN
fsr-3243	460	5	,	,	PUNCT
fsr-3243	460	6	4	4	NUM
fsr-3243	460	7	,	,	PUNCT
fsr-3243	460	8	23–36	23–36	NUM
fsr-3243	460	9	.	.	PUNCT
fsr-3243	461	1	blanchett	blanchett	PROPN
fsr-3243	461	2	,	,	PUNCT
fsr-3243	461	3	d.	d.	PROPN
fsr-3243	461	4	m.	m.	PROPN
fsr-3243	461	5	,	,	PUNCT
fsr-3243	461	6	&	&	CCONJ
fsr-3243	461	7	frank	frank	PROPN
fsr-3243	461	8	,	,	PUNCT
fsr-3243	461	9	l.	l.	PROPN
fsr-3243	461	10	r.	r.	PROPN
fsr-3243	461	11	(	(	PUNCT
fsr-3243	461	12	2009	2009	NUM
fsr-3243	461	13	)	)	PUNCT
fsr-3243	461	14	.	.	PUNCT
fsr-3243	462	1	a	a	DET
fsr-3243	462	2	dynamic	dynamic	ADJ
fsr-3243	462	3	and	and	CCONJ
fsr-3243	462	4	adaptive	adaptive	ADJ
fsr-3243	462	5	approach	approach	NOUN
fsr-3243	462	6	to	to	ADP
fsr-3243	462	7	distribution	distribution	NOUN
fsr-3243	462	8	planning	planning	NOUN
fsr-3243	462	9	and	and	CCONJ
fsr-3243	462	10	monitoring	monitoring	NOUN
fsr-3243	462	11	.	.	PUNCT
fsr-3243	463	1	journal	journal	NOUN
fsr-3243	463	2	of	of	ADP
fsr-3243	463	3	financial	financial	ADJ
fsr-3243	463	4	planning	planning	NOUN
fsr-3243	463	5	,	,	PUNCT
fsr-3243	463	6	22	22	NUM
fsr-3243	463	7	,	,	PUNCT
fsr-3243	463	8	52–66	52–66	NUM
fsr-3243	463	9	.	.	PUNCT
fsr-3243	464	1	blanchett	blanchett	PROPN
fsr-3243	464	2	,	,	PUNCT
fsr-3243	464	3	d.	d.	PROPN
fsr-3243	464	4	m.	m.	PROPN
fsr-3243	464	5	,	,	PUNCT
fsr-3243	464	6	kowara	kowara	PROPN
fsr-3243	464	7	,	,	PUNCT
fsr-3243	464	8	m.	m.	NOUN
fsr-3243	464	9	,	,	PUNCT
fsr-3243	464	10	&	&	CCONJ
fsr-3243	464	11	chen	chen	PROPN
fsr-3243	464	12	,	,	PUNCT
fsr-3243	464	13	p.	p.	NOUN
fsr-3243	464	14	(	(	PUNCT
fsr-3243	464	15	2012	2012	NUM
fsr-3243	464	16	)	)	PUNCT
fsr-3243	464	17	.	.	PUNCT
fsr-3243	465	1	optimal	optimal	ADJ
fsr-3243	465	2	withdrawal	withdrawal	NOUN
fsr-3243	465	3	strategy	strategy	NOUN
fsr-3243	465	4	for	for	ADP
fsr-3243	465	5	retirement	retirement	NOUN
fsr-3243	465	6	income	income	NOUN
fsr-3243	465	7	portfolios	portfolio	NOUN
fsr-3243	465	8	.	.	PUNCT
fsr-3243	466	1	the	the	DET
fsr-3243	466	2	retirement	retirement	PROPN
fsr-3243	466	3	management	management	PROPN
fsr-3243	466	4	journal	journal	NOUN
fsr-3243	466	5	,	,	PUNCT
fsr-3243	466	6	2	2	NUM
fsr-3243	466	7	,	,	PUNCT
fsr-3243	466	8	7–20	7–20	NOUN
fsr-3243	466	9	.	.	PUNCT
fsr-3243	466	10	cooley	cooley	PROPN
fsr-3243	466	11	,	,	PUNCT
fsr-3243	466	12	p.	p.	PROPN
fsr-3243	466	13	l.	l.	PROPN
fsr-3243	466	14	,	,	PUNCT
fsr-3243	466	15	hubbard	hubbard	PROPN
fsr-3243	466	16	,	,	PUNCT
fsr-3243	466	17	c.	c.	PROPN
fsr-3243	466	18	m.	m.	PROPN
fsr-3243	466	19	,	,	PUNCT
fsr-3243	466	20	&	&	CCONJ
fsr-3243	466	21	walz	walz	PROPN
fsr-3243	466	22	,	,	PUNCT
fsr-3243	466	23	d.	d.	PROPN
fsr-3243	466	24	t.	t.	PROPN
fsr-3243	466	25	(	(	PUNCT
fsr-3243	466	26	1998	1998	NUM
fsr-3243	466	27	)	)	PUNCT
fsr-3243	466	28	.	.	PUNCT
fsr-3243	467	1	retirement	retirement	NOUN
fsr-3243	467	2	savings	saving	NOUN
fsr-3243	467	3	:	:	PUNCT
fsr-3243	467	4	choosing	choose	VERB
fsr-3243	467	5	a	a	DET
fsr-3243	467	6	withdrawal	withdrawal	NOUN
fsr-3243	467	7	rate	rate	NOUN
fsr-3243	467	8	that	that	PRON
fsr-3243	467	9	is	be	AUX
fsr-3243	467	10	sustainable	sustainable	ADJ
fsr-3243	467	11	.	.	PUNCT
fsr-3243	468	1	journal	journal	NOUN
fsr-3243	468	2	of	of	ADP
fsr-3243	468	3	the	the	DET
fsr-3243	468	4	american	american	PROPN
fsr-3243	468	5	association	association	PROPN
fsr-3243	468	6	of	of	ADP
fsr-3243	468	7	individual	individual	ADJ
fsr-3243	468	8	investors	investor	NOUN
fsr-3243	468	9	,	,	PUNCT
fsr-3243	468	10	20	20	NUM
fsr-3243	468	11	,	,	PUNCT
fsr-3243	468	12	16–21	16–21	NUM
fsr-3243	468	13	.	.	PUNCT
fsr-3243	469	1	cooley	cooley	PROPN
fsr-3243	469	2	,	,	PUNCT
fsr-3243	469	3	p.	p.	PROPN
fsr-3243	469	4	l.	l.	PROPN
fsr-3243	469	5	,	,	PUNCT
fsr-3243	469	6	hubbard	hubbard	PROPN
fsr-3243	469	7	,	,	PUNCT
fsr-3243	469	8	c.	c.	PROPN
fsr-3243	469	9	m.	m.	PROPN
fsr-3243	469	10	,	,	PUNCT
fsr-3243	469	11	&	&	CCONJ
fsr-3243	469	12	walz	walz	PROPN
fsr-3243	469	13	,	,	PUNCT
fsr-3243	469	14	d.	d.	PROPN
fsr-3243	469	15	t.	t.	PROPN
fsr-3243	469	16	(	(	PUNCT
fsr-3243	469	17	1999	1999	NUM
fsr-3243	469	18	)	)	PUNCT
fsr-3243	469	19	.	.	PUNCT
fsr-3243	470	1	sustainable	sustainable	ADJ
fsr-3243	470	2	withdrawal	withdrawal	NOUN
fsr-3243	470	3	rates	rate	NOUN
fsr-3243	470	4	from	from	ADP
fsr-3243	470	5	your	your	PRON
fsr-3243	470	6	retirement	retirement	NOUN
fsr-3243	470	7	portfolio	portfolio	NOUN
fsr-3243	470	8	.	.	PUNCT
fsr-3243	471	1	financial	financial	ADJ
fsr-3243	471	2	counseling	counseling	NOUN
fsr-3243	471	3	and	and	CCONJ
fsr-3243	471	4	planning	planning	NOUN
fsr-3243	471	5	,	,	PUNCT
fsr-3243	471	6	10	10	NUM
fsr-3243	471	7	,	,	PUNCT
fsr-3243	471	8	39–47	39–47	NUM
fsr-3243	471	9	.	.	PUNCT
fsr-3243	471	10	cooley	cooley	PROPN
fsr-3243	471	11	,	,	PUNCT
fsr-3243	471	12	p.	p.	PROPN
fsr-3243	471	13	l.	l.	PROPN
fsr-3243	471	14	,	,	PUNCT
fsr-3243	471	15	hubbard	hubbard	PROPN
fsr-3243	471	16	,	,	PUNCT
fsr-3243	471	17	c.	c.	PROPN
fsr-3243	471	18	m.	m.	PROPN
fsr-3243	471	19	,	,	PUNCT
fsr-3243	471	20	&	&	CCONJ
fsr-3243	471	21	walz	walz	PROPN
fsr-3243	471	22	,	,	PUNCT
fsr-3243	471	23	d.	d.	PROPN
fsr-3243	471	24	t.	t.	PROPN
fsr-3243	471	25	(	(	PUNCT
fsr-3243	471	26	2003	2003	NUM
fsr-3243	471	27	)	)	PUNCT
fsr-3243	471	28	.	.	PUNCT
fsr-3243	472	1	a	a	DET
fsr-3243	472	2	comparative	comparative	ADJ
fsr-3243	472	3	analysis	analysis	NOUN
fsr-3243	472	4	of	of	ADP
fsr-3243	472	5	retirement	retirement	NOUN
fsr-3243	472	6	portfolio	portfolio	NOUN
fsr-3243	472	7	success	success	NOUN
fsr-3243	472	8	rates	rate	NOUN
fsr-3243	472	9	:	:	PUNCT
fsr-3243	472	10	simulation	simulation	NOUN
fsr-3243	472	11	versus	versus	ADP
fsr-3243	472	12	overlapping	overlap	VERB
fsr-3243	472	13	periods	period	NOUN
fsr-3243	472	14	.	.	PUNCT
fsr-3243	473	1	financial	financial	ADJ
fsr-3243	473	2	services	service	NOUN
fsr-3243	473	3	review	review	PROPN
fsr-3243	473	4	,	,	PUNCT
fsr-3243	473	5	12	12	NUM
fsr-3243	473	6	,	,	PUNCT
fsr-3243	473	7	115–129	115–129	NUM
fsr-3243	473	8	.	.	PUNCT
fsr-3243	474	1	cooley	cooley	PROPN
fsr-3243	474	2	,	,	PUNCT
fsr-3243	474	3	p.	p.	PROPN
fsr-3243	474	4	l.	l.	PROPN
fsr-3243	474	5	,	,	PUNCT
fsr-3243	474	6	hubbard	hubbard	PROPN
fsr-3243	474	7	,	,	PUNCT
fsr-3243	474	8	c.	c.	PROPN
fsr-3243	474	9	m.	m.	PROPN
fsr-3243	474	10	,	,	PUNCT
fsr-3243	474	11	&	&	CCONJ
fsr-3243	474	12	walz	walz	PROPN
fsr-3243	474	13	,	,	PUNCT
fsr-3243	474	14	d.	d.	PROPN
fsr-3243	474	15	t.	t.	PROPN
fsr-3243	474	16	(	(	PUNCT
fsr-3243	474	17	2011	2011	NUM
fsr-3243	474	18	)	)	PUNCT
fsr-3243	474	19	.	.	PUNCT
fsr-3243	475	1	portfolio	portfolio	NOUN
fsr-3243	475	2	success	success	NOUN
fsr-3243	475	3	rates	rate	NOUN
fsr-3243	475	4	:	:	PUNCT
fsr-3243	475	5	where	where	SCONJ
fsr-3243	475	6	to	to	PART
fsr-3243	475	7	draw	draw	VERB
fsr-3243	475	8	the	the	DET
fsr-3243	475	9	line	line	NOUN
fsr-3243	475	10	.	.	PUNCT
fsr-3243	476	1	journal	journal	NOUN
fsr-3243	476	2	of	of	ADP
fsr-3243	476	3	financial	financial	ADJ
fsr-3243	476	4	planning	planning	NOUN
fsr-3243	476	5	,	,	PUNCT
fsr-3243	476	6	24	24	NUM
fsr-3243	476	7	,	,	PUNCT
fsr-3243	476	8	48–60	48–60	PROPN
fsr-3243	476	9	.	.	PUNCT
fsr-3243	477	1	frank	frank	PROPN
fsr-3243	477	2	sr	sr	PROPN
fsr-3243	477	3	.	.	PROPN
fsr-3243	477	4	,	,	PUNCT
fsr-3243	477	5	l.	l.	PROPN
fsr-3243	477	6	r.	r.	PROPN
fsr-3243	477	7	,	,	PUNCT
fsr-3243	477	8	&	&	CCONJ
fsr-3243	477	9	blanchett	blanchett	PROPN
fsr-3243	477	10	,	,	PUNCT
fsr-3243	477	11	d.	d.	PROPN
fsr-3243	477	12	m.	m.	PROPN
fsr-3243	477	13	(	(	PUNCT
fsr-3243	477	14	2010	2010	NUM
fsr-3243	477	15	)	)	PUNCT
fsr-3243	477	16	.	.	PUNCT
fsr-3243	478	1	the	the	DET
fsr-3243	478	2	dynamic	dynamic	ADJ
fsr-3243	478	3	implications	implication	NOUN
fsr-3243	478	4	of	of	ADP
fsr-3243	478	5	sequence	sequence	NOUN
fsr-3243	478	6	risk	risk	NOUN
fsr-3243	478	7	on	on	ADP
fsr-3243	478	8	a	a	DET
fsr-3243	478	9	distribution	distribution	NOUN
fsr-3243	478	10	portfolio	portfolio	NOUN
fsr-3243	478	11	.	.	PUNCT
fsr-3243	479	1	journal	journal	PROPN
fsr-3243	479	2	of	of	ADP
fsr-3243	479	3	financial	financial	ADJ
fsr-3243	479	4	planning	planning	NOUN
fsr-3243	479	5	,	,	PUNCT
fsr-3243	479	6	23	23	NUM
fsr-3243	479	7	,	,	PUNCT
fsr-3243	479	8	52–61	52–61	NUM
fsr-3243	479	9	.	.	PUNCT
fsr-3243	480	1	frank	frank	PROPN
fsr-3243	480	2	sr	sr	PROPN
fsr-3243	480	3	.	.	PROPN
fsr-3243	480	4	,	,	PUNCT
fsr-3243	480	5	l.	l.	PROPN
fsr-3243	480	6	r.	r.	PROPN
fsr-3243	480	7	,	,	PUNCT
fsr-3243	480	8	mitchell	mitchell	PROPN
fsr-3243	480	9	,	,	PUNCT
fsr-3243	480	10	j.	j.	PROPN
fsr-3243	480	11	b.	b.	PROPN
fsr-3243	480	12	,	,	PUNCT
fsr-3243	480	13	&	&	CCONJ
fsr-3243	480	14	blanchett	blanchett	PROPN
fsr-3243	480	15	,	,	PUNCT
fsr-3243	480	16	d.	d.	PROPN
fsr-3243	480	17	m.	m.	PROPN
fsr-3243	480	18	(	(	PUNCT
fsr-3243	480	19	2011	2011	NUM
fsr-3243	480	20	)	)	PUNCT
fsr-3243	480	21	.	.	PUNCT
fsr-3243	481	1	probability	probability	NOUN
fsr-3243	481	2	of	of	ADP
fsr-3243	481	3	failure	failure	NOUN
fsr-3243	481	4	-	-	PUNCT
fsr-3243	481	5	based	base	VERB
fsr-3243	481	6	decision	decision	NOUN
fsr-3243	481	7	rules	rule	NOUN
fsr-3243	481	8	to	to	PART
fsr-3243	481	9	manage	manage	VERB
fsr-3243	481	10	sequence	sequence	NOUN
fsr-3243	481	11	risk	risk	NOUN
fsr-3243	481	12	in	in	ADP
fsr-3243	481	13	retirement	retirement	NOUN
fsr-3243	481	14	.	.	PUNCT
fsr-3243	482	1	journal	journal	PROPN
fsr-3243	482	2	of	of	ADP
fsr-3243	482	3	financial	financial	ADJ
fsr-3243	482	4	planning	planning	NOUN
fsr-3243	482	5	,	,	PUNCT
fsr-3243	482	6	24	24	NUM
fsr-3243	482	7	,	,	PUNCT
fsr-3243	482	8	46–55	46–55	NUM
fsr-3243	482	9	.	.	PUNCT
fsr-3243	483	1	guyton	guyton	PROPN
fsr-3243	483	2	,	,	PUNCT
fsr-3243	483	3	j.	j.	PROPN
fsr-3243	483	4	t.	t.	PROPN
fsr-3243	483	5	(	(	PUNCT
fsr-3243	483	6	2004	2004	NUM
fsr-3243	483	7	)	)	PUNCT
fsr-3243	483	8	.	.	PUNCT
fsr-3243	484	1	decision	decision	NOUN
fsr-3243	484	2	rules	rule	NOUN
fsr-3243	484	3	and	and	CCONJ
fsr-3243	484	4	portfolio	portfolio	NOUN
fsr-3243	484	5	management	management	NOUN
fsr-3243	484	6	for	for	ADP
fsr-3243	484	7	retirees	retiree	NOUN
fsr-3243	484	8	:	:	PUNCT
fsr-3243	484	9	is	be	AUX
fsr-3243	484	10	the	the	DET
fsr-3243	484	11	‘	'	PUNCT
fsr-3243	484	12	safe	safe	ADJ
fsr-3243	484	13	’	'	PUNCT
fsr-3243	484	14	initial	initial	ADJ
fsr-3243	484	15	withdrawal	withdrawal	NOUN
fsr-3243	484	16	rate	rate	NOUN
fsr-3243	484	17	too	too	ADV
fsr-3243	484	18	safe	safe	ADJ
fsr-3243	484	19	?	?	PUNCT
fsr-3243	485	1	journal	journal	NOUN
fsr-3243	485	2	of	of	ADP
fsr-3243	485	3	financial	financial	ADJ
fsr-3243	485	4	planning	planning	NOUN
fsr-3243	485	5	,	,	PUNCT
fsr-3243	485	6	17	17	NUM
fsr-3243	485	7	,	,	PUNCT
fsr-3243	485	8	54–62	54–62	NUM
fsr-3243	485	9	.	.	PUNCT
fsr-3243	486	1	guyton	guyton	PROPN
fsr-3243	486	2	,	,	PUNCT
fsr-3243	486	3	j.	j.	PROPN
fsr-3243	486	4	t.	t.	PROPN
fsr-3243	486	5	,	,	PUNCT
fsr-3243	486	6	&	&	CCONJ
fsr-3243	486	7	klinger	klinger	PROPN
fsr-3243	486	8	,	,	PUNCT
fsr-3243	486	9	w.	w.	PROPN
fsr-3243	486	10	j.	j.	PROPN
fsr-3243	486	11	(	(	PUNCT
fsr-3243	486	12	2006	2006	NUM
fsr-3243	486	13	)	)	PUNCT
fsr-3243	486	14	.	.	PUNCT
fsr-3243	487	1	decision	decision	NOUN
fsr-3243	487	2	rules	rule	NOUN
fsr-3243	487	3	and	and	CCONJ
fsr-3243	487	4	maximum	maximum	ADJ
fsr-3243	487	5	initial	initial	ADJ
fsr-3243	487	6	withdrawal	withdrawal	NOUN
fsr-3243	487	7	rates	rate	NOUN
fsr-3243	487	8	.	.	PUNCT
fsr-3243	488	1	journal	journal	NOUN
fsr-3243	488	2	of	of	ADP
fsr-3243	488	3	financial	financial	ADJ
fsr-3243	488	4	planning	planning	NOUN
fsr-3243	488	5	,	,	PUNCT
fsr-3243	488	6	19	19	NUM
fsr-3243	488	7	,	,	PUNCT
fsr-3243	488	8	49–57	49–57	NUM
fsr-3243	488	9	.	.	PUNCT
fsr-3243	489	1	milevsky	milevsky	PROPN
fsr-3243	489	2	,	,	PUNCT
fsr-3243	489	3	m.	m.	NOUN
fsr-3243	489	4	,	,	PUNCT
fsr-3243	489	5	&	&	CCONJ
fsr-3243	489	6	huang	huang	PROPN
fsr-3243	489	7	,	,	PUNCT
fsr-3243	489	8	h.	h.	PROPN
fsr-3243	489	9	(	(	PUNCT
fsr-3243	489	10	2011	2011	NUM
fsr-3243	489	11	)	)	PUNCT
fsr-3243	489	12	.	.	PUNCT
fsr-3243	490	1	spending	spend	VERB
fsr-3243	490	2	retirement	retirement	NOUN
fsr-3243	490	3	on	on	ADP
fsr-3243	490	4	planet	planet	NOUN
fsr-3243	490	5	vulcan	vulcan	NOUN
fsr-3243	490	6	:	:	PUNCT
fsr-3243	490	7	the	the	DET
fsr-3243	490	8	impact	impact	NOUN
fsr-3243	490	9	of	of	ADP
fsr-3243	490	10	longevity	longevity	NOUN
fsr-3243	490	11	risk	risk	NOUN
fsr-3243	490	12	aversion	aversion	NOUN
fsr-3243	490	13	on	on	ADP
fsr-3243	490	14	optimal	optimal	ADJ
fsr-3243	490	15	withdrawal	withdrawal	NOUN
fsr-3243	490	16	rates	rate	NOUN
fsr-3243	490	17	.	.	PUNCT
fsr-3243	491	1	risk	risk	NOUN
fsr-3243	491	2	management	management	NOUN
fsr-3243	491	3	,	,	PUNCT
fsr-3243	491	4	23	23	NUM
fsr-3243	491	5	,	,	PUNCT
fsr-3243	491	6	24–38	24–38	NUM
fsr-3243	491	7	.	.	PUNCT
fsr-3243	492	1	mitchell	mitchell	PROPN
fsr-3243	492	2	,	,	PUNCT
fsr-3243	492	3	j.	j.	PROPN
fsr-3243	492	4	b.	b.	PROPN
fsr-3243	492	5	(	(	PUNCT
fsr-3243	492	6	2011	2011	NUM
fsr-3243	492	7	)	)	PUNCT
fsr-3243	492	8	.	.	PUNCT
fsr-3243	493	1	retirement	retirement	NOUN
fsr-3243	493	2	withdrawals	withdrawal	NOUN
fsr-3243	493	3	:	:	PUNCT
fsr-3243	493	4	preventive	preventive	ADJ
fsr-3243	493	5	reductions	reduction	NOUN
fsr-3243	493	6	and	and	CCONJ
fsr-3243	493	7	risk	risk	NOUN
fsr-3243	493	8	management	management	NOUN
fsr-3243	493	9	.	.	PUNCT
fsr-3243	494	1	financial	financial	ADJ
fsr-3243	494	2	services	services	PROPN
fsr-3243	494	3	review	review	PROPN
fsr-3243	494	4	,	,	PUNCT
fsr-3243	494	5	20	20	NUM
fsr-3243	494	6	,	,	PUNCT
fsr-3243	494	7	45–59	45–59	NOUN
fsr-3243	494	8	.	.	PUNCT
fsr-3243	495	1	pfau	pfau	NOUN
fsr-3243	495	2	,	,	PUNCT
fsr-3243	495	3	w.	w.	PROPN
fsr-3243	495	4	d.	d.	PROPN
fsr-3243	495	5	(	(	PUNCT
fsr-3243	495	6	2012	2012	NUM
fsr-3243	495	7	)	)	PUNCT
fsr-3243	495	8	.	.	PUNCT
fsr-3243	496	1	capital	capital	NOUN
fsr-3243	496	2	market	market	NOUN
fsr-3243	496	3	expectations	expectation	NOUN
fsr-3243	496	4	,	,	PUNCT
fsr-3243	496	5	asset	asset	NOUN
fsr-3243	496	6	allocation	allocation	NOUN
fsr-3243	496	7	and	and	CCONJ
fsr-3243	496	8	safe	safe	ADJ
fsr-3243	496	9	withdrawal	withdrawal	NOUN
fsr-3243	496	10	rates	rate	NOUN
fsr-3243	496	11	.	.	PUNCT
fsr-3243	497	1	journal	journal	NOUN
fsr-3243	497	2	of	of	ADP
fsr-3243	497	3	financial	financial	ADJ
fsr-3243	497	4	planning	planning	NOUN
fsr-3243	497	5	,	,	PUNCT
fsr-3243	497	6	25	25	NUM
fsr-3243	497	7	,	,	PUNCT
fsr-3243	497	8	36–43	36–43	NUM
fsr-3243	497	9	.	.	PUNCT
fsr-3243	498	1	pfau	pfau	NOUN
fsr-3243	498	2	,	,	PUNCT
fsr-3243	498	3	w.	w.	PROPN
fsr-3243	498	4	d.	d.	PROPN
fsr-3243	498	5	(	(	PUNCT
fsr-3243	498	6	2014	2014	NUM
fsr-3243	498	7	)	)	PUNCT
fsr-3243	498	8	.	.	PUNCT
fsr-3243	499	1	new	new	ADJ
fsr-3243	499	2	research	research	NOUN
fsr-3243	499	3	on	on	ADP
fsr-3243	499	4	how	how	SCONJ
fsr-3243	499	5	to	to	PART
fsr-3243	499	6	choose	choose	VERB
fsr-3243	499	7	portfolio	portfolio	NOUN
fsr-3243	499	8	return	return	NOUN
fsr-3243	499	9	assumptions	assumption	NOUN
fsr-3243	499	10	.	.	PUNCT
fsr-3243	500	1	advisor	advisor	NOUN
fsr-3243	500	2	perspectives	perspective	NOUN
fsr-3243	500	3	,	,	PUNCT
fsr-3243	500	4	8	8	NUM
fsr-3243	500	5	,	,	PUNCT
fsr-3243	500	6	1–7	1–7	NUM
fsr-3243	500	7	.	.	PUNCT
fsr-3243	500	8	pye	pye	PROPN
fsr-3243	500	9	,	,	PUNCT
fsr-3243	500	10	g.	g.	PROPN
fsr-3243	500	11	b.	b.	PROPN
fsr-3243	500	12	(	(	PUNCT
fsr-3243	500	13	2000	2000	NUM
fsr-3243	500	14	)	)	PUNCT
fsr-3243	500	15	.	.	PUNCT
fsr-3243	501	1	sustainable	sustainable	ADJ
fsr-3243	501	2	investment	investment	NOUN
fsr-3243	501	3	withdrawals	withdrawal	NOUN
fsr-3243	501	4	.	.	PUNCT
fsr-3243	502	1	journal	journal	NOUN
fsr-3243	502	2	of	of	ADP
fsr-3243	502	3	portfolio	portfolio	NOUN
fsr-3243	502	4	management	management	NOUN
fsr-3243	502	5	,	,	PUNCT
fsr-3243	502	6	26	26	NUM
fsr-3243	502	7	,	,	PUNCT
fsr-3243	502	8	73–83	73–83	NUM
fsr-3243	502	9	.	.	NOUN
fsr-3243	502	10	356	356	NUM
fsr-3243	502	11	e.d	e.d	PROPN
fsr-3243	502	12	.	.	PROPN
fsr-3243	502	13	suarez	suarez	PROPN
fsr-3243	502	14	et	et	PROPN
fsr-3243	502	15	al	al	PROPN
fsr-3243	502	16	.	.	PUNCT
fsr-3243	502	17	/	/	SYM
fsr-3243	502	18	financial	financial	ADJ
fsr-3243	502	19	services	service	NOUN
fsr-3243	502	20	review	review	VERB
fsr-3243	502	21	24	24	NUM
fsr-3243	502	22	(	(	PUNCT
fsr-3243	502	23	2015	2015	NUM
fsr-3243	502	24	)	)	PUNCT
fsr-3243	502	25	331–357	331–357	NUM
fsr-3243	502	26	robinson	robinson	PROPN
fsr-3243	502	27	,	,	PUNCT
fsr-3243	502	28	c.	c.	PROPN
fsr-3243	502	29	d.	d.	PROPN
fsr-3243	502	30	(	(	PUNCT
fsr-3243	502	31	2007	2007	NUM
fsr-3243	502	32	)	)	PUNCT
fsr-3243	502	33	.	.	PUNCT
fsr-3243	503	1	a	a	DET
fsr-3243	503	2	phased	phase	VERB
fsr-3243	503	3	-	-	PUNCT
fsr-3243	503	4	income	income	NOUN
fsr-3243	503	5	approach	approach	NOUN
fsr-3243	503	6	to	to	ADP
fsr-3243	503	7	retirement	retirement	NOUN
fsr-3243	503	8	withdrawals	withdrawal	NOUN
fsr-3243	503	9	:	:	PUNCT
fsr-3243	503	10	a	a	DET
fsr-3243	503	11	new	new	ADJ
fsr-3243	503	12	paradigm	paradigm	NOUN
fsr-3243	503	13	for	for	ADP
fsr-3243	503	14	a	a	DET
fsr-3243	503	15	more	more	ADV
fsr-3243	503	16	affluent	affluent	ADJ
fsr-3243	503	17	retirement	retirement	NOUN
fsr-3243	503	18	.	.	PUNCT
fsr-3243	504	1	journal	journal	PROPN
fsr-3243	504	2	of	of	ADP
fsr-3243	504	3	financial	financial	ADJ
fsr-3243	504	4	planning	planning	NOUN
fsr-3243	504	5	,	,	PUNCT
fsr-3243	504	6	20	20	NUM
fsr-3243	504	7	,	,	PUNCT
fsr-3243	504	8	44–56	44–56	NUM
fsr-3243	504	9	.	.	PUNCT
fsr-3243	505	1	robinson	robinson	PROPN
fsr-3243	505	2	,	,	PUNCT
fsr-3243	505	3	c.	c.	PROPN
fsr-3243	505	4	,	,	PUNCT
fsr-3243	505	5	&	&	CCONJ
fsr-3243	505	6	tahani	tahani	PROPN
fsr-3243	505	7	,	,	PUNCT
fsr-3243	505	8	n.	n.	PROPN
fsr-3243	505	9	(	(	PUNCT
fsr-3243	505	10	2010	2010	NUM
fsr-3243	505	11	)	)	PUNCT
fsr-3243	505	12	.	.	PUNCT
fsr-3243	506	1	sustainable	sustainable	ADJ
fsr-3243	506	2	retirement	retirement	NOUN
fsr-3243	506	3	income	income	NOUN
fsr-3243	506	4	for	for	ADP
fsr-3243	506	5	the	the	DET
fsr-3243	506	6	socialite	socialite	NOUN
fsr-3243	506	7	,	,	PUNCT
fsr-3243	506	8	the	the	DET
fsr-3243	506	9	gardener	gardener	NOUN
fsr-3243	506	10	,	,	PUNCT
fsr-3243	506	11	and	and	CCONJ
fsr-3243	506	12	the	the	DET
fsr-3243	506	13	uninsured	uninsured	ADJ
fsr-3243	506	14	.	.	PUNCT
fsr-3243	507	1	financial	financial	ADJ
fsr-3243	507	2	services	services	PROPN
fsr-3243	507	3	review	review	PROPN
fsr-3243	507	4	,	,	PUNCT
fsr-3243	507	5	19	19	NUM
fsr-3243	507	6	,	,	PUNCT
fsr-3243	507	7	187–202	187–202	NUM
fsr-3243	507	8	.	.	PUNCT
fsr-3243	508	1	spitzer	spitzer	PROPN
fsr-3243	508	2	,	,	PUNCT
fsr-3243	508	3	j.	j.	PROPN
fsr-3243	508	4	j.	j.	PROPN
fsr-3243	508	5	(	(	PUNCT
fsr-3243	508	6	2008	2008	NUM
fsr-3243	508	7	)	)	PUNCT
fsr-3243	508	8	.	.	PUNCT
fsr-3243	509	1	retirement	retirement	NOUN
fsr-3243	509	2	withdrawals	withdrawal	NOUN
fsr-3243	509	3	:	:	PUNCT
fsr-3243	509	4	an	an	DET
fsr-3243	509	5	analysis	analysis	NOUN
fsr-3243	509	6	of	of	ADP
fsr-3243	509	7	the	the	DET
fsr-3243	509	8	benefits	benefit	NOUN
fsr-3243	509	9	of	of	ADP
fsr-3243	509	10	periodic	periodic	ADJ
fsr-3243	509	11	‘	'	PUNCT
fsr-3243	509	12	midcourse	midcourse	NOUN
fsr-3243	509	13	’	'	PUNCT
fsr-3243	509	14	adjustments	adjustment	NOUN
fsr-3243	509	15	.	.	PUNCT
fsr-3243	510	1	financial	financial	ADJ
fsr-3243	510	2	services	service	NOUN
fsr-3243	510	3	review	review	PROPN
fsr-3243	510	4	,	,	PUNCT
fsr-3243	510	5	17	17	NUM
fsr-3243	510	6	,	,	PUNCT
fsr-3243	510	7	17–29	17–29	NUM
fsr-3243	510	8	.	.	PUNCT
fsr-3243	511	1	spitzer	spitzer	PROPN
fsr-3243	511	2	,	,	PUNCT
fsr-3243	511	3	j.	j.	PROPN
fsr-3243	511	4	j.	j.	PROPN
fsr-3243	511	5	,	,	PUNCT
fsr-3243	511	6	strieter	strieter	PROPN
fsr-3243	511	7	,	,	PUNCT
fsr-3243	511	8	j.	j.	PROPN
fsr-3243	511	9	c.	c.	PROPN
fsr-3243	511	10	,	,	PUNCT
fsr-3243	511	11	&	&	CCONJ
fsr-3243	511	12	singh	singh	PROPN
fsr-3243	511	13	,	,	PUNCT
fsr-3243	511	14	s.	s.	PROPN
fsr-3243	511	15	(	(	PUNCT
fsr-3243	511	16	2007	2007	NUM
fsr-3243	511	17	)	)	PUNCT
fsr-3243	511	18	.	.	PUNCT
fsr-3243	512	1	guidelines	guideline	NOUN
fsr-3243	512	2	for	for	ADP
fsr-3243	512	3	withdrawal	withdrawal	NOUN
fsr-3243	512	4	rates	rate	NOUN
fsr-3243	512	5	and	and	CCONJ
fsr-3243	512	6	portfolio	portfolio	NOUN
fsr-3243	512	7	safety	safety	NOUN
fsr-3243	512	8	during	during	ADP
fsr-3243	512	9	retirement	retirement	NOUN
fsr-3243	512	10	.	.	PUNCT
fsr-3243	513	1	journal	journal	PROPN
fsr-3243	513	2	of	of	ADP
fsr-3243	513	3	financial	financial	ADJ
fsr-3243	513	4	planning	planning	NOUN
fsr-3243	513	5	,	,	PUNCT
fsr-3243	513	6	20	20	NUM
fsr-3243	513	7	,	,	PUNCT
fsr-3243	513	8	52–59	52–59	NUM
fsr-3243	513	9	.	.	PUNCT
fsr-3243	514	1	stout	stout	PROPN
fsr-3243	514	2	,	,	PUNCT
fsr-3243	514	3	r.	r.	PROPN
fsr-3243	514	4	g.	g.	PROPN
fsr-3243	514	5	(	(	PUNCT
fsr-3243	514	6	2008	2008	NUM
fsr-3243	514	7	)	)	PUNCT
fsr-3243	514	8	.	.	PUNCT
fsr-3243	515	1	stochastic	stochastic	ADJ
fsr-3243	515	2	optimization	optimization	NOUN
fsr-3243	515	3	of	of	ADP
fsr-3243	515	4	retirement	retirement	NOUN
fsr-3243	515	5	portfolio	portfolio	NOUN
fsr-3243	515	6	asset	asset	NOUN
fsr-3243	515	7	allocations	allocation	NOUN
fsr-3243	515	8	and	and	CCONJ
fsr-3243	515	9	withdrawals	withdrawal	NOUN
fsr-3243	515	10	.	.	PUNCT
fsr-3243	516	1	financial	financial	ADJ
fsr-3243	516	2	services	service	NOUN
fsr-3243	516	3	review	review	PROPN
fsr-3243	516	4	,	,	PUNCT
fsr-3243	516	5	17	17	NUM
fsr-3243	516	6	,	,	PUNCT
fsr-3243	516	7	1–15	1–15	NUM
fsr-3243	516	8	.	.	PUNCT
fsr-3243	517	1	stout	stout	PROPN
fsr-3243	517	2	,	,	PUNCT
fsr-3243	517	3	r.	r.	PROPN
fsr-3243	517	4	g.	g.	PROPN
fsr-3243	517	5	,	,	PUNCT
fsr-3243	517	6	&	&	CCONJ
fsr-3243	517	7	mitchell	mitchell	PROPN
fsr-3243	517	8	,	,	PUNCT
fsr-3243	517	9	j.	j.	PROPN
fsr-3243	517	10	b.	b.	PROPN
fsr-3243	517	11	(	(	PUNCT
fsr-3243	517	12	2006	2006	NUM
fsr-3243	517	13	)	)	PUNCT
fsr-3243	517	14	.	.	PUNCT
fsr-3243	518	1	dynamic	dynamic	ADJ
fsr-3243	518	2	retirement	retirement	NOUN
fsr-3243	518	3	withdrawal	withdrawal	NOUN
fsr-3243	518	4	planning	planning	NOUN
fsr-3243	518	5	.	.	PUNCT
fsr-3243	519	1	financial	financial	ADJ
fsr-3243	519	2	services	service	NOUN
fsr-3243	519	3	review	review	PROPN
fsr-3243	519	4	,	,	PUNCT
fsr-3243	519	5	15	15	NUM
fsr-3243	519	6	,	,	PUNCT
fsr-3243	519	7	117–131	117–131	NUM
fsr-3243	519	8	.	.	PUNCT
fsr-3243	520	1	williams	williams	PROPN
fsr-3243	520	2	,	,	PUNCT
fsr-3243	520	3	d.	d.	PROPN
fsr-3243	520	4	,	,	PUNCT
fsr-3243	520	5	&	&	CCONJ
fsr-3243	520	6	finke	finke	PROPN
fsr-3243	520	7	,	,	PUNCT
fsr-3243	520	8	m.	m.	NOUN
fsr-3243	520	9	s.	s.	PROPN
fsr-3243	520	10	(	(	PUNCT
fsr-3243	520	11	2011	2011	NUM
fsr-3243	520	12	)	)	PUNCT
fsr-3243	520	13	.	.	PUNCT
fsr-3243	521	1	determining	determine	VERB
fsr-3243	521	2	optimal	optimal	ADJ
fsr-3243	521	3	withdrawal	withdrawal	NOUN
fsr-3243	521	4	rates	rate	NOUN
fsr-3243	521	5	:	:	PUNCT
fsr-3243	521	6	an	an	DET
fsr-3243	521	7	economic	economic	ADJ
fsr-3243	521	8	approach	approach	NOUN
fsr-3243	521	9	.	.	PUNCT
fsr-3243	522	1	the	the	DET
fsr-3243	522	2	retirement	retirement	PROPN
fsr-3243	522	3	management	management	PROPN
fsr-3243	522	4	journal	journal	NOUN
fsr-3243	522	5	,	,	PUNCT
fsr-3243	522	6	1	1	NUM
fsr-3243	522	7	,	,	PUNCT
fsr-3243	522	8	35–46	35–46	NUM
fsr-3243	522	9	.	.	PUNCT
fsr-3243	523	1	zolt	zolt	PROPN
fsr-3243	523	2	,	,	PUNCT
fsr-3243	523	3	d.	d.	PROPN
fsr-3243	523	4	m.	m.	PROPN
fsr-3243	523	5	(	(	PUNCT
fsr-3243	523	6	2013	2013	NUM
fsr-3243	523	7	)	)	PUNCT
fsr-3243	523	8	.	.	PUNCT
fsr-3243	524	1	achieving	achieve	VERB
fsr-3243	524	2	a	a	DET
fsr-3243	524	3	higher	high	ADJ
fsr-3243	524	4	safe	safe	ADJ
fsr-3243	524	5	withdrawal	withdrawal	NOUN
fsr-3243	524	6	rate	rate	NOUN
fsr-3243	524	7	with	with	ADP
fsr-3243	524	8	the	the	DET
fsr-3243	524	9	target	target	NOUN
fsr-3243	524	10	percentage	percentage	NOUN
fsr-3243	524	11	adjustment	adjustment	NOUN
fsr-3243	524	12	.	.	PUNCT
fsr-3243	525	1	journal	journal	NOUN
fsr-3243	525	2	of	of	ADP
fsr-3243	525	3	financial	financial	ADJ
fsr-3243	525	4	planning	planning	NOUN
fsr-3243	525	5	,	,	PUNCT
fsr-3243	525	6	26	26	NUM
fsr-3243	525	7	,	,	PUNCT
fsr-3243	525	8	51–59	51–59	NUM
fsr-3243	525	9	.	.	PUNCT
fsr-3243	526	1	357e.d	357e.d	NOUN
fsr-3243	526	2	.	.	PUNCT
fsr-3243	526	3	suarez	suarez	PROPN
fsr-3243	526	4	et	et	PROPN
fsr-3243	526	5	al	al	PROPN
fsr-3243	526	6	.	.	PUNCT
fsr-3243	526	7	/	/	SYM
fsr-3243	526	8	financial	financial	ADJ
fsr-3243	526	9	services	service	NOUN
fsr-3243	526	10	review	review	VERB
fsr-3243	526	11	24	24	NUM
fsr-3243	526	12	(	(	PUNCT
fsr-3243	526	13	2015	2015	NUM
fsr-3243	526	14	)	)	PUNCT
fsr-3243	526	15	331–357	331–357	NUM