The ROI/Asset Allocation Calculator has been enhanced with new
capabilities. The calculator will now find the best* asset allocation for a
target ROI using Monte Carlo simulation on downloaded historical data. You
don't need to play trial-and-error to find the best allocation to meet your
objective. You can also see how allocations of your
own design will fare probabilistically in meeting your goals, and get a
more reliable understanding of what is achievable. In addition to the
market statistics currently provided to estimate each asset category's rate
of return, you can now use Monte Carlo calculated averages specific to any
length of time you choose.
The Financial Event Wizard has been updated with new event types, including
some "complex" types which produce multiple events (e.g., taking out a loan
and paying it back over time). Better support for Annuities and Reverse
Mortgages is also provided by the Wizard.
An option is added in Algorithm Settings to defer taxes until after your death when
possible. If you have Leftover Assets at Death, this toggle will attempt to
leave only tax-deferred assets to your estate in order to minimize your tax
liability while you're alive, thus giving you a higher income from your
assets.
*The best asset allocation is calculated by finding highest probability and
lowest volatility risk depending on available data.