What is Monte Carlo simulation? And why is it important?
Monte Carlo simulation is a tool for scenario analysis that TPSTM uses to determine the likelihood of achieving your financial goals, given the investment portfolio(s) that you have chosen. TPSTM calculates thousands of possible values your investments might grow to be during the years leading to your goals (e.g. retirement, college education, home purchase, etc). Some economic circumstances will boost your investments, while others may diminish them. Each scenario combines various economic factors that impact the performance of your investments, such as interest rates, inflation, and domestic and international asset markets. TPSTM also includes in the analysis the correlation across these economic factors. System requirements AOL Users If you do not have AOL 4 or higher, go to keyword “upgrade” for information on upgrading to the newest version of AOL. Once you have upgraded, you are ready to use our service. You do not have to do anything else. If you already have AOL 4 or higher, yo