Two Quants and a Financial Planner

Using Monte Carlo Simulation in Retirement Planning

In this episode, we take a detailed look at Monte Carlo simulation and how it is used in retirement planning. The look at the inputs that are used, how the simulation works and how to interpret the results. We also discuss some of the limitations of the process, how to calculate expected market returns to use in the simulation, the importance of properly framing the results and a lot more.

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