Webinar: Understanding and Explaining Monte Carlo Results To Your Clients

Hello from Minneapolis.  I presented for 2 hours and 40 minutes today at the FPA Minnesota symposium.  I'm heading home now. I was really impressed by the turnout.  600 signed up for the conference, and it seemed like they were almost all there for the early morning session.  I'm used to crowds of 100-200 for these sorts of events, so kudos to the FPA Minnesota chapter!

I will be presenting another webinar open to anyone next Thursday, October 30. It starts at 4pm EDT.

This webinar will be for inStream solutions, and it will be a more informal type of webinar about how to interpret and use Monte Carlo simulations when working with clients.  I will have some slides, but they will be based on a Q&A type of approach, with some questions advisors may have about Monte Carlo, followed by my answers.  

For advisors reading this, Bob Veres also wrote a very nice article today for Advisor Perspectives, which discusses how larger planning firms are really getting excited about some of the features of inStream, and are using them in a slightly different way than we originally envisioned.  I still hope that the "best practices" feature described in the column will ultimately result in some great data to provide a better understanding about how real-world individuals make financial planning decisions over time.

Here are the webinar details for "Understanding and Explaining Monte Carlo Results To Your Clients":

You are invited to inStream's latest webinar.

Please join us for a discussion with Dr. Wade Pfau

- Learn how to better interpret probability levels of Monte Carlo simulations.  

- How to present the results easily

- How to explain the effect of different plan variables

- Convey what probability of success really means

Register now

https://www3.gotomeeting.com/register/785159550

The inStream team

info@instreamwealth.com