The True Wealth Show
The True Wealth Financial Show is dedicated to providing you the information and inspiration to help you navigate finance decisions, intentionally build wealth, and retire with confidence.
You can learn more at www.truewealth.show
Thanks for listening - Mike
You can learn more at www.truewealth.show
Thanks for listening - Mike
The True Wealth Show
Explaining Monte Carlo and Probability of Success - Feasibility Testing your Retirement Plan
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Mike Potter
There are two ways to test your retirement plan for feasibility, which answer the question, "how feasible is that we can live the life we want and not run out of money.?"
Today we'll explore the first testing method using Monte Carlo Simulation.
We'll explore how to do that with our Case Study of Steve and Sarah.
I hope you find this episode helpful. Thanks for listening and until next time... have a great day ~ Mike
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