2/18/2010

MAKING 'GOOD' BETTER


ITERATION

Definition

A process for arriving at a progressively ‘better’ decision or a desired result by repeating the rounds of analysis or the cycles of operation


The objective is to bring the desired decision or result closer to discovery with each repetition (iteration)


The iterative process can be used where the decision is not easily irrevocable (such as a marriage or war) or where the consequences of revocation could be costly


While a high number of iterations is desirable, it is usually constrained by the limited availability of time, energy, other resources and presence of other pressures.


The iterative process is a an incremental process of approximation used to define a result whose parameters have numerous variables which do not lend themselves to a mathematically designed solution.

Our planning services integrate complex mathematical and non mathematical less tangible variables (goals, hopes, objectives) into a meaningful outcome.


To cover our need for the assurance of a sustainable 30 - 40 year lifetime retirement we develop answers to 2 key questions:

"Will I be OK?"

"Will I be able to retire - without running out of income?"

The iterative process is central to our analysis.

Weigh House



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