Terry Savage on how to avoid outliving your investments ala Monte - TopicsExpress



          

Terry Savage on how to avoid outliving your investments ala Monte Carlo Modeling This is not a “do-it-yourself” project. You need to go to a financial professional who uses this computerized modeling process. Her favorite place to do this is through T. Rowe Price, the investment and mutual fund company. They have a process called Retirement Income Modeling, which uses Monte Carlo modeling. You don’t have to have money in their funds (all no-load, no-commission), but if you do they waive the one-time cost of $500. They will give you advice on how to invest, how much to withdraw, to come closest to certainty of meeting your retirement goals. You work with an individual planner and this is not just an online calculator, but requires some discussion.
Posted on: Mon, 13 Oct 2014 23:14:17 +0000

Trending Topics



Recently Viewed Topics




© 2015