Graphically show projection of client savings into the future. With the simulation calculate hundreds of random scenarios based on the historical performance of the asset class mix in each retirement account.

Most retirement planning tools that are available today use a fixed rate of return to calculate total savings amount at retirement. This calculation is fine as a starting point, but needs to be refined to provide investors with a better estimate of their retirement situation. Because the fixed rate of return calculation relies on a single average estimate of the rate of return, there is a possibility to underestimate the amount of necessary savings needed at retirement. Monte-Carlo simulation can evaluate potential shortfall situations by applying standard statistical techniques and calculate the probability of achieving the retirement goal.