Asked on 25 Feb 2019
Hi - looking for a financial planning software to merge budgeting, retirement and other milestone planning with ability to do scenario planning and ideally Monte Carlo analysis on range of outcomes.
From what I can tell most software is targeted at professional financial planners to do on a corporate basis. Is anyone aware of anything that is available to individuals? The ones I'm aware of are more US focused.
I am curious what you mean by Monte Carlo analysis - that sounds like quite technical/sharp analysis which I haven't seen before from any financial advisor - can you share what advisor you use that would supply that type of advice?
07 Nov 2019