Whatever your views on Artificial Intelligence (AI), it’s clear that it’s developing at a rapid pace. It’s going to revolutionise many aspects of our lives, and retirement planning will be no exception. As a financial planning tool, EvolveMyRetirement® is unique.
Read moreUtility In EvolveMyRetirement®
The concept of utility is central to how EvolveMyRetirement® is able to optimise your retirement strategy. Some of our users have asked to learn more about it, and this article is designed to provide some insight. Utility is an economic concept,
Read moreMonte Carlo Retirement Planning
Monte Carlo simulation is a modelling technique that’s useful in many areas, including physics, engineering and finance. If a process depends on multiple random variables, it can be impossible or impractical to calculate the odds of different outcomes. The Monte
Read moreThe Casino Of Retirement Planning
Few of us would want to gamble with our future. Imagine you’re in a casino, and your retirement depends on playing the roulette table. If you win, your retirement is comfortable. If you lose, you go broke. And yet the
Read moreScenarios In A Retirement Calculator
With a typical online retirement calculator, scenarios mean trying out different inputs and seeing how they change the results. So for example, you might vary your assumed income, investment growth or spending. But whatever you set them to, the calculator
Read moreRetirement Planning For A Couple
If you’re part of a couple, whether married, in a civil partnership or just committed, retirement planning means considering both partners. That’s easier said than done. Simple retirement calculators are usually based on just one individual; and they’re usually too
Read moreThe Uncertainty Principle of Retirement
Physics may not be your thing, but you’ve probably heard of the uncertainty principle; even if you’re a bit uncertain (sorry) about exactly what it is. Well, in a nutshell (according to Encyclopaedia Britannica), it states that you can’t measure
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