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Kothakota, Michael; Lynn, Christina – Journal of Financial Counseling and Planning, 2022
Financial professionals involved in divorce proceedings, whether for a client or an attorney, often use software to project the ability of a dependent spouse to earn income off of her separate estate. These projections have historically relied on static inputs and use a Monte Carlo simulation to illustrate the paths a portfolio might take. Within…
Descriptors: Retirement, Planning, Money Management, Divorce