Financial advisers frequently use Monte Carlo analys`is to demonstrate the resiliency of a financial plan. These simulations produce a score that is useful in securing a client's confidence in their ...
Is the idea of the "safe" withdrawal rate nothing more than the Tooth Fairy of the retirement planning industry – mere fiction? Some financial experts are calling the methods used to calculate safe ...
I recently came across a LinkedIn post written by a thoughtful advisor who was proud that his client's Monte Carlo score had held steady at 99 despite the down market. The planner received nearly ...