A Monte Carlo simulation helps investors by modeling potential investment outcomes using randomization and computer algorithms.

A Monte Carlo simulation allows analysts and advisors to convert investment chances into choices by factoring in a range of values for various inputs.

A Monte Carlo simulation runs thousands of "what-if" scenarios, each with different variables (e.g., stock market performance, inflation rates, etc.). The outcome is shown as a percentage, from 0 ...

The Monte Carlo simulation estimates the probability of different outcomes in a process that cannot easily be predicted because of the potential for random variables.

A Monte Carlo simulation can help assess your retirement plans. But don’t make the mistake of thinking it’s infallible.