2min chapter

The Financial Independence Show cover image

Mapping Retirement with Projection Lab | Kyle Nolan

The Financial Independence Show

CHAPTER

How to Use Monte Carlo Simulations to Improve Your Success

A Monte Carlo simulation is just running a bunch of simulations using different variables and configuration. And then aggregating the results and reporting on some stats. A lot of this can start to sound, you know, fairly complicated to somebody, especially if they're just used to using something like Mint or whatever. But I've done my best to try to use techniques like progressive disclosure so that you're not slammed right away with most detailed interfaces.

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