How Retirees Can Lose as the Gamification of Monte Carlo Analysis Proliferates

Feb 23, 2022

Barron’s published a great article in which Jeff Brown and Income Lab co-founder Johnny Poulsen argue that gamification of Monte Carlo probability of success results “may be creating misdirected incentives in retirement planning.” Here a few of the main points:


  • Gamifying toward a 100% probability of success means restricting income—and ultimately standard of living—to accommodate a worst-case scenario that is (a) highly unlikely to occur and (b) could be better managed with minor changes in spending habits along the way.
  • Instead of relying on oversimplified and gamified probability of success, advisors should consider using retirement planning tools that help individuals arrive at realistic income levels and adjustment plans.


Read full article >>

Related Articles

Start now with a Demo

The first truly dynamic retirement
planning technology.