Monte Carlo Simulations: What They Tell You (And What They Don't)

If you've reviewed a retirement projection with us, you've probably seen a number like "87% probability of success." That number comes from a Monte Carlo simulation — one of the most useful tools in retirement planning, and also one that can be misunderstood. Here's what it actually does, what that percentage really means, and — just as important — what it can't tell you.

General Financial Plan..., Financial Planning, Retiree, Retirement PlanningStephanie Murray, CFP®, EASeptember 1, 2026Monte Carlo, Retirement Planning, Retirement Plans, retirement distributions, General Financial Planning