Socius Technologies Group Limited’s Post

I developed a web application using the Monte Carlo Simulation method to assess the probability of your retirement "Nest Egg" being adequate. I leveraged historical returns data (annualized) dating back to the Great Depression and inflation data from the same period. This is a simplistic model but it serves as a good starting point. It's essential to note that being a simulation, running the same data consecutively will yield varied results, but should be fairly consistent. Feel free to suggest additional features for potential future updates. https://lnkd.in/eNkqmjPv #MonteCarloSimulation #RetirementPlanning

Are Financial Planners Stuck in the 1970s? Summary: Standard financial industry practice builds retirement portfolios using mean-variance optimization and validates them using Monte Carlo simulations that assume asset returns are a random walk. To put a finer, more brutal point on it, managers construct portfolios using technology from 1952 and then have the temerity to check the results using assumptions from 1970. We suggest a more modern portfolio construction approach that puts the key problem of having sufficient assets to support investors’ required spending in retirement front and center. At the core of this approach is to define risk, not as volatility, but as “not having what you need when you need it.” To effectively build a portfolio that minimizes the risk of “not having what you need when you need it,” we need models that understand how financial markets differ from the outdated academic assumptions of market efficiency and random walks. P.S. Thanks to NAPFA - National Association of Personal Financial Advisors for including our article in your INVESTING issue.

Projecting future financial needs isn't easy, but it’s critical for a comfortable retirement. Our software and Monte Carlo simulations help map out income needs and factor in important considerations like inflation. Ready to plan for your future? Watch the full video here: https://bit.ly/4h2xQjz #FuturePlanning #FinancialStrategy #RetireSmart #BaseWealth

Projecting future financial needs isn't easy, but it’s critical for a comfortable retirement. Our software and Monte Carlo simulations help map out income needs and factor in important considerations like inflation. Ready to plan for your future? Watch the full video here: https://buff.ly/4eGGlPZ #FuturePlanning #FinancialStrategy #RetireSmart #BaseWealth

Projecting future financial needs isn't easy, but it’s critical for a comfortable retirement. Our software and Monte Carlo simulations help map out income needs and factor in important considerations like inflation. Ready to plan for your future? Watch the full video here: https://buff.ly/4eGGlPZ #FuturePlanning #FinancialStrategy #RetireSmart #BaseWealth

Investment Behaviors & Biases That Can Destroy Your Retirement: How to Combat Behavioral Biases We all fall victim to behavioral biases, but recognizing and managing them can improve your decision-making process: 1. Strategize toward long-term investing rather than an attempt at quick-money trades. 2. Stick to the plan! Whether on your own or with an advisor, develop an adaptive long-term strategy and stick to it. 3. Don't let the short-term news cycle influence your long-term decisions. 4. Don't chase trends or fads. 5. Whenever there is a concern, consult your trusted financial professional(s). #BehavioralFinance #FinancialPlanning #TidepoolWealth

Lots of conversations centered around 🔽 topic recently Long-Term Lens & Mindset when it comes to Investing...especially for those that are 5+ Years Out from Retirement. The Lens and the way you approach the Financial Markets ~should~ change through the course of time, but rather your situation (not the market) should dictate when that change occurs. Times like these prove time and time again WHY it is so important to have a plan in place and a guide to help show you the way. #WealthManagement #StockMarket #Investing

Projecting future financial needs isn't easy, but it’s critical for a comfortable retirement. Our software and Monte Carlo simulations help map out income needs and factor in important considerations like inflation. Ready to plan for your future? Watch the full video here: https://buff.ly/4eGGlPZ #FuturePlanning #FinancialStrategy #RetireSmart #BaseWealth

Stephanie Burling, a seasoned Financial Advisor at KRS, recently took center stage as a distinguished guest panelist at the esteemed Retirement By Design class hosted by Gradient. 😎 Her exemplary track record as a top producer in the field uniquely positioned her to share invaluable insights and expertise with fellow industry professionals. With her depth of knowledge and commitment to excellence, Stephanie continues to make significant contributions to the financial advisory landscape, empowering individuals to navigate their retirement journey with confidence and clarity. 🔑 🙏 Schedule a financial review with Stephanie today! 👉 https://lnkd.in/gqrG8mep . . . #financialadvisor #financialplanner #investment #investmentopportunity #investmenttips

💼 Compound Interest: The Foundation of Long-Term Wealth Albert Einstein called compound interest the 8th wonder of the world—and for a good reason! Here’s how it works for you: ✔️ It rewards patience: The longer you invest, the greater the growth. ✔️ Small, consistent contributions lead to big results. ✔️ It’s the cornerstone of successful retirement and savings plans. 💡 Want to know how to maximize your investments and savings using this tool? Financial Literacy Group is here to guide you! 👉 Let’s build your wealth together: financialliteracy.group or call (323) 419-1600. #WealthManagement #CompoundInterest #FinancialSuccess"