What do the percentiles represent in the Monte Carlo simulation?
The percentiles for the Retirement Goal report on the net worth at the end of the plan. The ending net worth figures includes lifestyle assets net of liabilities. • The 90th percentile is ending net worth of the projection such that 90% of the ending net worth results falls below this value. • The 50th percentile is ending net worth of the projection such that 50% of the ending net worth results falls below this value. • The 10th percentile is ending net worth of the projection such that 10% of the ending net worth results falls below this value. The percentiles for all other goals represent the accumulated savings.
