As a financial advisor, I’ve had the pleasure of helping many clients comfortably reach and enjoy their retirement years. During my career, a few consistent themes have emerged. Clients generally want ...

Monte Carlo simulation is a mathematical technique for considering the effect of uncertainty on investing as well as many other activities. A Monte Carlo simulation shows a large number and variety of ...

An curved arrow pointing right. Run Monte Carlo simulations in Excel with this simple workaround. Produced by Sara Silverstein Follow BI Video: On Facebook More from Finance Run Monte Carlo ...

This article derives an estimation procedure to evaluate how many Monte Carlo realizations need to be done in order to achieve prescribed accuracies in the estimated mean value and also in the ...