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Retirement calculators with Monte Carlo analysis

Posted on 11/15/20 at 5:16 pm
Posted by nineteeneighty
Atlanta
Member since Jul 2020
219 posts
Posted on 11/15/20 at 5:16 pm
Anyone have a link to one of these?

A lot of financial advisors use software to present the probability of meeting one’s goals, running thousands of scenarios through a MC analysis.

I have no desire of meeting or paying an FP.

TIA
Posted by Fientist
God’s Country
Member since Dec 2019
8 posts
Posted on 11/15/20 at 5:33 pm to
Portfoliovisualizer
This post was edited on 11/15/20 at 6:06 pm
Posted by TigerGrad2011
Member since Aug 2016
1578 posts
Posted on 11/15/20 at 7:34 pm to
Why don’t you find a financial planner that will produce an analysis for you on your portfolio and financial health at an hourly rate? One time project, one time charge.
Posted by CheEngineer
Louisiana
Member since Aug 2019
4234 posts
Posted on 11/15/20 at 8:51 pm to
Why not just excel file?
Posted by Huey Lewis
BR
Member since Oct 2013
4663 posts
Posted on 11/15/20 at 9:15 pm to
I use FIRECalc. Don't know that it's technically a Monte Carlo analysis but I find it to suit my needs quite well.

LINK /
Posted by MSTiger33
Member since Oct 2007
20403 posts
Posted on 11/16/20 at 6:26 am to
Fidelity uses eMoney that has MC. Do you have accounts with them?
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