Monte Carlo simulation

concept
2 mentions 2 recordings first heard Mar 2025 last heard 12 Dec ↓1 vs the 6 months before

Statistical technique for modelling retirement outcomes

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Quint (host)DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing · Rule of 4% - Am I on Track for Retirement? · 12:01 · 12 Dec
…We actually run what's called a Monte Carlo simulation of thousands of probabilities that could happen today.…
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Sean PylesNerdWallet's Smart Money Podcast · How to Build Wealth Right Now and How Couples Can Align on F... · 25:52 · Mar 2025
…I would recommend, just for retirement planning specifically, partnering with a certified financial planner professional who can run what's called a Monte Carlo simulation, and they can basically run all these different variations of your current financial plan…
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