A 90% success rate means 10% of scenarios end with you running out of money. But how badly? Running out at age 94 (one year short) is very different from running out at age 75 (20 years short). Monte Carlo simulations usually report the probability of ruin but not its severity. You need to examine both.
Lesson Locked
This Lesson Is For Paid Subscribers
Subscribe to access the full lesson, commentary, and your day-by-day course progression.