 
					|   | 
 | 
 | 
| 
 | 
| Licensed User Join Date: Feb 2003 Location: ....down Highway 61 
					Posts: 6,506
				 | 
				
				Monte Carlo analysis software, simulations, spreadsheets, etc..
			 
			Can someone recommend a decent easy-to-use Monte Carlo simulation tool. More specifically, something that is geared towards financial planning what-if kind of things? It doesn't have to be free. TIA
		 | ||
|  07-30-2012, 12:19 PM | 
 | 
| Registered Join Date: May 2004 Location: Lake Cle Elum - Eastern WA. 
					Posts: 8,417
				 | 
			Is this about F1 or Gambling?
		 
				__________________ Bob S. 73.5 911T 1969 911T Coo' pay (one owner) 1960 Mercedes 190SL 1962 XKE Roadster (sold) - 13 motorcycles | ||
|  07-30-2012, 12:20 PM | 
 | 
| canna change law physics | 
			I think someone is getting into Six Sigma...
		 
				__________________ James The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994) Red-beard for President, 2020 | ||
|  07-30-2012, 12:25 PM | 
 | 
| canna change law physics | 
			The answer was at the bottom of the screen! Click on Wayne's ad choice. Make him some money and solve your problem too!   
				__________________ James The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994) Red-beard for President, 2020 | ||
|  07-30-2012, 12:27 PM | 
 | 
| Licensed User Join Date: Feb 2003 Location: ....down Highway 61 
					Posts: 6,506
				 | 
			Well, that is weird. On my screen I just see ads for ...., nevermind. It's for financial planning, so I guess the gambling one would work. I don't need any more 6 Sigma in my life   | ||
|  07-30-2012, 12:34 PM | 
 | 
| canna change law physics | 
			the URL is spelled out in the picture... Bob is joking about the real Monte Carlo 
				__________________ James The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994) Red-beard for President, 2020 | ||
|  07-30-2012, 12:38 PM | 
 | 
|   | 
| Wayah Road Warrior Join Date: Jun 2002 Location: Greenville, SC 
					Posts: 1,536
				 | 
			The Fidelity Investments Retirement Income Planner is one of the best tools for non-professionals out there.  If you take the time to fill the information out correctly and with realistic expectations, its results match those of the high priced CFPs.  I have used both approaches and am very confident in the Fidelity tool's results. http://personal.fidelity.com/planning/retirement/income_planner.shtml Give it a spin. Any questions about usage, shoot me a PM. I know my way around this tool quite well. 
				__________________ 02 996tt White 87 930 GP White (Sold) 87 911 Targa Guards Red(Sold) Last edited by Shadetree930; 07-30-2012 at 12:53 PM.. | ||
|  07-30-2012, 12:48 PM | 
 | 
| Registered Join Date: Jun 2003 Location: Calgary Alberta, CANADA 
					Posts: 2,113
				 | 
			The absolute best is this: Palisade Corporation: Maker of Risk & Decision Analysis Software using Monte Carlo Simulation Risk analysis using Monte Carlo Simulation They have everything you need and they offer it as an Excel plug in as well. Very, very powerful software... Good luck! 
				__________________ We're all in the gutter,but some of us are looking at the stars. -Oscar Wilde | ||
|  07-31-2012, 09:53 PM | 
 |