Understanding inStream's Shortfall Analysis

[…]

How to Talk to Clients about Monte Carlo Analysis

Talking to clients about a Monte Carlo analysis can be tough. Most clients, and frankly a lot of advisors, don’t really understand what the results actually mean. While it helps to understand the nitty-gritty aspects of the math, the basics are pretty easy to understand. Plus, if you find yourself talking to a client about the distribution curve you use to generate your returns, you’ve lost most clients.

[…]

Why does inStream use Monte Carlo Analysis?

Monte Carlo analysis is a club, not a scalpel. It is an imprecise tool. That’s the good news. We don’t know what the future will hold, and we need an analytical method that recognizes that. The bad news is that it’s harder to talk about with clients. So how does Monte Carlo analysis help financial planning software account for uncertainty, and how do you talk about it with clients?

[…]

Find Out How Much Your Clients Should Save with inStream's Safe Savings Rate Plan

inStream’s Safe Savings Rate Plan solves the most fundamental question for most clients – how much do I need to save? For younger clients, this is the factor that determines if they will meet their goals. If they save enough, a lot of problems simply go away, but if they don’t save enough, the money simply is not there. Aside from helping clients focus on what they can actually control, the Safe Savings Rate plan is designed to help advisors contextualize planning for their clients, and incorporate the dynamic nature of distributions.

[…]

Recent Posts