McCarthy, Ed
July 1994
Journal of Financial Planning;Jul94, Vol. 7 Issue 3, p111
Academic Journal
Dealing with the uncertainty of the future is one of the main reasons clients seek the services of financial planners. This article examines the use of simulation, or Monte Carlo analysts, to quantity the uncertainty in personal financial projections. The author contends that this type of analysis can benefit both advisors and their clients.


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