Episode 27 - Let's Play a Game with Monte Carlo Simulation
Released Monday, 8th January 2024
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Episode 27 - Let's Play a Game with Monte Carlo Simulation
Episode 27 - Let's Play a Game with Monte Carlo Simulation
Monday, 8th January 2024
Good episode? Give it some love!
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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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Reign Over Money
Reign Over Money is a project launched by Kevin Hissong, founder of The Hissong Companies, with a focus on getting people to make more and save more of their money. Focusing on everything from establishing a budget to retirement plans and everything in between, Kevin brings his 25+ years of financial services knowledge along with a passion for personal finance.Join Podchaser to...
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