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July 28, 2022 27 mins
Kudos! You went through a retirement planning process or completed an online calculator and have the results. Now, what the heck do they mean exactly?    Hear Kevin peel back the onion on understanding your retirement plan results. What are Monte Carlo simulations? What assumptions belie them? What shortcomings does this type of analysis have? How can this powerful tool be thoughtfully used to help ensure you stay on track?   Key points on this episode:    2:16 - What we discuss with clients 4:43 - How we display results in our dashboard 9:07 - Safety margin 17:25 - Hierarchy of expenses 19:51 - No simulations are perfect     Learn more about our Retire Smarter Solution™: https://www.truewealthdesign.com/ep-45-retire-smarter-solution/   Have a financial question? Contact us at https://www.truewealthdesign.com/contact/
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