Suggestions
Multivariate assumption optimization to include QOL
The ability to set multiple variables that can be changed and run a simulation that optimizes for a specific outcome based on changing the variables and variable limits set by the user.
Variable examples 1. Borrow vs buy for an appreciating or depreciating asset (income or not income producing) 2. Moving to a location with a higher / lower cost of living with variable QOL 3. Buying a vacation home (high relative QOL) and the STR income required to still meet other goals
Optimization Outcome in rank order examples 1. Quality of Life (Subjective setting) 2. Maximization of cashflow to a limit 3. Minimalization of retirement age with a drawdown setting
Associating subjective quality of life as a metric to various assets and goals may help creating a wholistic picture of financial freedom. I have setup multiple scenarios and changed many of the variables, but keeping track of what seems to be the best outcome (Highest QOL and required finances to maintain it) becomes a secondary manual task.