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 ...

There are a few common questions that many clients will eventually ask their financial adviser to answer. How much will my portfolio be worth at retirement? Will I outlive my money? How would my plan ...

A second classical approach to studying retirement withdrawal rates is to use Monte Carlo simulations that are parameterized to the same historical data used in historical simulations. This can be ...

You can’t predict the future, of course, but that doesn’t stop some financial professionals from trying. Of the many methods devised to anticipate different possible futures in financial planning, ...

In a more complicated post-9/11 world, one in which highly unlikely things seem to occur more frequently, a growing number of advisors and wealth managers are modifying their retirement planning tools ...

RADNOR, Pa.--(BUSINESS WIRE)--eMoney Advisor, a leading provider of technology solutions and services that help people talk about money, today announced the addition of Longevity Risk Analysis and ...

Numbers are rather useful. This is unfortunate, because they're also rather confusing. Our brains have a hard time making sense of lists of numbers, so we employ an imaginary friend to help us — the ...

I'm not a fan of financial plans that use straight-line projections or Monte Carlo risk analysis to support investment proposals. Here's why: They can lull people into a false sense of security or ...