Changelog • R4GoodPersonalFinances

R4GoodPersonalFinances (development version)

R4GoodPersonalFinances 0.2.0

CRAN release: 2025-03-13

This release provides functions for calculating probability of retirement ruin and functions for calibrating the underlying Gompertz model with the use of the mortality rates.

Major changes

Added calc_retirement_ruin() and plot_retirement_ruin() to calculate and visualize the probability of retirement ruin.
Added retirement-ruin option to run_app() function for running package new interactive app.
Added calc_gompertz_survival_probability() to calculate the probability of survival using the Gompertz model.
Added calc_gompertz_parameters() to calculate the parameters of the Gompertz model based on mortality rates and calc_gompertz_joint_parameters() to calculate the parameters of the joint Gompertz model.
Added plot_gompertz_calibration() for visually checking the calibration of the Gompertz model and plot_joint_survival() for plotting the survival probabilities for two individuals and their joint survival probability.
Added read_hmd_life_tables() for reading the ‘Human Mortality Database’ (HMD) life tables files.

R4GoodPersonalFinances 0.1.1

Bugfixes

Fixed apps errors while executing locally.

R4GoodPersonalFinances 0.1.0

Initial release of the package includes functions designed to support the optimal allocation of your investment portfolio with the use of the ‘Merton Share’ formula.

Added calc_purchasing_power() and plot_purchasing_power() to calculate and visualize the effect of real interest rates—whether positive (compounding) or negative (inflation)—on the purchasing power of savings.
Added calc_optimal_risky_asset_allocation() for calculating optimal allocation using the ‘Merton Share’ formula.
Added calc_risk_adjusted_return() and plot_risk_adjusted_returns() to calculate and visualize the effect of allocation to risky assets on the risk-adjusted return.
Added run_app() function that runs package interactive apps: risk-adjusted-returns and purchasing-power.