TITLE

USING SPREADSHEET SIMULATIONS IN FINANCIAL PLANNING

AUTHOR(S)
McCarthy, Ed
PUB. DATE
July 1994
SOURCE
Journal of Financial Planning;Jul94, Vol. 7 Issue 3, p111
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
5559743

 

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