Monte Carlo Simulation for Retirement
Plan your financial future with confidence using our free Monte Carlo retirement simulator—empowering you to make smarter financial decisions.
Monte Carlo Simulation
In 500 random market scenarios, you achieved your retirement goal of the time.
What is a Monte Carlo simulation for retirement?
A Monte Carlo simulation for retirement is a financial modeling technique that uses random variables to simulate a wide range of potential market scenarios and outcomes. It considers factors like investment returns, inflation, withdrawal rates, and portfolio volatility to estimate how long a retirement portfolio might last or whether it will reach a specific goal. By running hundreds or thousands of simulations, it provides a probability-based success rate, helping retirees and planners understand the likelihood of achieving their financial goals. This approach is useful because it accounts for market uncertainty, offering a more realistic assessment of risk and helping individuals make informed decisions about savings, spending, and asset allocation.