Different Results with Monte Carlo
I run the same profile with and without Monte Carlo simulation and get different recommendations.
As designed or is this a bug?
Thx
Bill
I run the same profile with and without Monte Carlo simulation and get different recommendations.
As designed or is this a bug?
Thx
Bill
Disclaimer: ESPlannerBASIC, ESPlanner, ESPlannerPLUS and ESPlannerPRO, are educational calculators designed to give users input in mapping out financial futures, but should not be acted upon as a complete financial plan. The creators of these programs are not certified, registered, authorized, or any other type of financial planners. These programs are simply tools for helping you think through economic futures. Its "recommendations" should be viewed as informative inputs into your own decision-making with respect to saving and the purchase of life insurance. ESPlannerBASIC, ESPlanner, ESPlannerPLUS and ESPlannerPRO provide neither economic, financial nor tax advice, which can only be delivered to you by authorized professionals.
Well if I had read the FAQ I would have learned this is as designed. Sorry for the noise; next time I'll RTF (Read the FAQ)
To save the next person a step, see Why do reports differ when Monte Carlo is activated?