Doug Goldstein, CFP® and director of Profile Investment Services Ltd., and David Trahair, CPA, discuss how to calculate your retirement income. David shares some of the techniques he teaches in his books. He also warns listeners that retirement is not a one-size-fits-all situation.

How Monte Carlo simulations can help financial planning

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Doug received a letter from an investor wanting to know more about Monte Carlo simulations and why they are used in financial planning. Doug explains how and why they are used, and directs listeners to a video on the topic. The link to a video on Monte Carlo simulations is on the shownotes of the GoldsteinOnGelt website at http://goldsteinongelt.com/retirement-planning/know-retirement-income.

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Doug Goldstein, CFP®
http://www.profile-financial.com
Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm specializing in working with Americans living in Israel who have investment accounts in America. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Contact at [email protected]