Retirement Starts Today Radio

Have you heard of the Monte Carlo retirement projection analysis? It is being used more and more by advisors and even popular retirement planning websites. Today, in the Retirement Headlines segment, I offer some insight on an article from Kitces.com that argues that using the Monte Carlo projection, a 50%probability of success rate is good enough. Then in the listener questions segment, I answer the question: what should you do if you plan on never retiring? Don’t miss out on my 5 step plan for those that plan on never retiring.  Outline of This Episode [1:32] A 50% probability of success is actually a viable Monte Carlo retirement projection [7:34] Your retirement plan doesn’t have to be carved in stone [11:11] What should you do if you plan on never retiring? [16:00] Steps to follow if you don’t plan to retire What is the Monte Carlo analysis? The Monte Carlo analysis is increasingly becoming the most common method of conducting retirement projections for clients. I use it in my own practice and many onl