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#803123 - 01/28/13 12:39 PM Monte Carlo Calculators For Retirement Planning
Sandra Investing/HFinance Offline
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Chipmunk

Registered: 07/13/12
Posts: 1699
Ever wonder if you are saving enough for retirement? Retirement calculators are a good way to get a ballpark figure of how your plan is doing. One very good type of calculator is a Monte Carlo Simulator. It simulates how your portfolio will do under a range of real world market conditions.

Monte Carlo Calculators For Retirement Planning
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#803124 - 01/28/13 12:47 PM Re: Monte Carlo Calculators For Retirement Planning [Re: Sandra Investing/HFinance]
Sandra Investing/HFinance Offline
BellaOnline Editor
Chipmunk

Registered: 07/13/12
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Have you ever tried a retirement calculator or a Monte Carlo calculator? What did you think of it?
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#803298 - 01/29/13 09:10 AM Re: Monte Carlo Calculators For Retirement Planning [Re: Sandra Investing/HFinance]
Sandra Investing/HFinance Offline
BellaOnline Editor
Chipmunk

Registered: 07/13/12
Posts: 1699
One of the factors that will most affect the outcome of a calculator is spending. Just a small reduction in spending can often have a big impact on a retirement plan's success.

A calculator gives you a chance to try out different spending scenarios that you may then be able to implement in your budget.
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