Why 50% Probability Of Success Is Actually A Viable Monte Carlo Retirement Projection

Retirement Talk Podcast with Laura Stover

English - April 07, 2021 20:58 - 28 minutes - 39.1 MB - ★★★★ - 38 ratings
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Previous Episode: Is a Million Dollars Enough to Retire?

Next Episode: Treating Cash Value as A Fixed Income Investment

Have you looked at the probability of success for your retirement projections? Today, we’re discussing the Monte Carlo analysis—a common method used to conduct that probability of success for many preparing for retirement.

Listen in as we share our thoughts on this method, considerations when it comes to interpretation of risk, and how this looks when you’ve divested your portfolio.

Review the article mentioned in today’s show >>

Show Notes

Intro (:00 – :35)

Subscribe to Weekend Reading (00:43)

This Week’s Article: Why 50% Probability Of Success Is Actually A Viable Monte Carlo Retirement Projection

Why You Should Read this Article (1:04)

Straight Line Projections / Monte Carlo Assumptions (2:48)

Monte Carlo Simulations (3:18)

Probability of Success Under 70% (4:27)

Retirement Projections: Factors to Consider (6:12)

Depleting Your Retirement Nest Egg (9:46)

COVID’s Impact (11:45)