Monte Carlo Failures Arent Plane Crashes, Ep #290
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Have you ever used a Monte Carlo analysis to help you plan retirement? If so, the results can seem scary. You may be looking for a 100% likelihood of success so that you can rest easy\\u2013after all, you are probably hoping for a 100% successful retirement.
However, in this episode of Retirement Starts Today, you\\u2019ll learn why a 100% success rate should not\\xa0be your goal. Listen in to hear why.
Outline of This Episode
- [1:42] Retirement plan uncertainties
- [8:00] Don\\u2019t shoot for 100% success with a Monte Carlo analysis
- [10:25] How to figure out the cost basis
Resources & People Mentioned
Connect with Benjamin Brandt
- Get the Retire-Ready Toolkit:\\xa0http://retirementstartstodayradio.com/
- Follow Ben on Twitter:\\xa0https://twitter.com/retiremeasap
- Join the newsletter:\\xa0https://retirementstartstodayradio.com/newsletter
- Dive deeper into retirement planning with Ben at\\xa0www.RetirementIncome.University
Subscribe to Retirement Starts Today on
Apple Podcasts,\\xa0Stitcher,\\xa0TuneIn,\\xa0Podbean,\\xa0Player FM,\\xa0iHeart, or\\xa0Spotify
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