Inflation Exposes Most Retirement Planning Models as Financial Russian Roulette

There’s a reason Monte Carlo is synonymous with gambling. By David Scranton October 6, 2022 https://www.wealthmanagement.com/retirement-planning/inflation-exposes-most-retirement-planning-models-financial-russian-roulette Any professional financial advisor worthy of the title creates retirement income plans for their clients. They explain their methodology using terms like “Monte Carlo” and “Systematic Withdrawal Plans.” One term they don’t use, but maybe should, is “Russian Roulette,” […]