When should I claim Social Security?

The optimal claiming age depends on your life expectancy, other income sources, and spouse's benefits. Delaying from 62 to 70 increases your benefit by about 77%. Our calculator compares different claiming ages to show which strategy maximizes your lifetime income.

Why does the Monte Carlo success rate change each time I run it?

Monte Carlo simulations use random sampling, so results vary slightly each run. With 1,000+ trials, the variation should be small (typically ±1-2%). Run more trials for more stable results.

Should I aim for 100% success rate?

Not necessarily. A 100% success rate often means you're being overly conservative and may have a large unused balance at the end. Most financial planners consider 90-95% success rate a reasonable target.

Why does the Roth optimizer sometimes lower my success rate?

Roth conversions require paying taxes now, which reduces your portfolio balance in early retirement, making you more vulnerable to poor early market returns (sequence-of-returns risk). The tax savings come later.

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Does this replace a financial advisor?

This tool is for educational and planning purposes. For significant financial decisions, consider consulting a fee-only fiduciary financial planner who can review your complete financial situation.

Roth Conversions: When They Make Sense (And When They Don't)

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