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Here’s What Catchy Headlines Miss About Retirement Planning: Blanchett
Analysis January 06, 2025 at 05:39 PM
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What You Need To Know
- Monte Carlo-style success vs. failure retirement projections have their uses, but they can also mislead.
- Planning expert David Blanchett recommends against presenting "failure" probabilities directly to clients.
- A better way may be to focus on the percentage of needed income that will be achieved.
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