This case introduces the basics of expected utility models, building up from a coin flip bet to a simple retirement plan. This will allow us to get acquainted with the features of the calculator along the way.
You may have heard the advice that portfolio risk should decrease as you age. While there are legitimate reasons for such advice, some commonly heard arguments are suspect. Our expected utility model will display this property; we will try to understand why.
More coming soon, someday, maybe.