Episode 27 - Let's Play a Game with Monte Carlo Simulation
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Episode 27 - Let's Play a Game with Monte Carlo Simulation
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About this listen
In this episode Reign Over Money shows a common tool financial advisors use in retirement planning and how to have some fun with it. The introduction of a Monte Carlo simiulation also helps to highlight what is called Sequence of Return Risk and why individuals should care about that near and in retirement.
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