Please indicate whether Monte Carlo simulation and Total Portfolio Management includes each of the following:
-Solves for Life Cycle Needs
-Integrates Financial Planning Process
-Tells You How Much to Save
-Uses Market Based Returns as Inputs
-Provides a One Number Savings Figure
-Adjusts for Risk
-Presents Probability of Success
-Includes All Assets and Liabilities in Investment Decisions
-Incorporates Correlations of Factor Inputs
-Provides Full Integration of Planning and Investing
Correct Answer:
Verified
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