Tuesday , 20 November 2018


Tag Archives: Monte Carlo retirement analysis

Which Retirement Income Strategy Is Best? Here’s a Look At Three

There are a lot of choices to consider about which retirement income strategy to pursue but which is the best is remarkably difficult to determine as “best” depends heavily on how you measure what “best” means. Careful thought about how a strategy will be evaluated is an essential aspect of the process in crafting an approach to financial planning. This article analyzes 3 such approaches based on wealth, spending, probabilities of success, magnitudes of failure and utility functions that weigh both the upside and downside risks.

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