I'm not a fan of financial plans that use straight-line projections or Monte Carlo risk analysis to support investment ... then active management to outperform low-cost index funds will fail ...

Monte Carlo Analysis, for example ... your savings — and your legacy — could be at risk. How to Use Good Debt (While Identifying and Avoiding Bad Debt) Not all debt is bad, but knowing ...

As a result, if you’ve spoken to a professional about retirement planning, you’ve probably encountered what’s called a Monte Carlo simulation—or you will, soon. These tools are helpful ...