Saturday, June 10, 2017

Another Monte Carlo

Monte Carlo - Monaco

Some of my readers, well, at least one, are interested in Monte Carlo tools to evaluate retirement savings.

I will not bore you with the details of Monte Carlo simulation, it is covered in a previous blog post here.  It basically gives you a better estimate of how much you can spend in retirement based on your portfolio and the variability of the stock and bond markets.

The previous tool I recommended was from  I recently found another tool at this website that you can try.

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