A financial projection can show clients where they may be headed based on a specific set of assumptions. But what happens when reality doesn’t cooperate? Investment returns fluctuate. Inflation changes. Markets experience periods of significant volatility. And perhaps...
Locked-in funds can feel straightforward until you get to the rules. When a client asks, “when can you unlock a LIRA?”, the right answer depends on which legislation governs the original pension plan, and the available options can look different across...
Dividend income looks simple on a client statement. Cash goes into the account. Then tax time hits. The notice of assessment shows taxable income that is higher than the cash they received. This happens because of how CRA reports Canadian dividends. CRA grosses up the...
You asked and the Snap Projections team made it happen. We are thrilled to announce another major feature release: Monte Carlo simulation! We’ve also made significant improvements to randomized and historical Stress Testing. What is Monte Carlo? Monte Carlo...
Artificial intelligence is rapidly finding its way into financial planning practices, and tools like ChatGPT can be incredibly useful for drafting communications, summarizing information, brainstorming ideas, and automating repetitive tasks. But should ChatGPT be used...
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Improve client outcomes with Monte Carlo analysis.
During this CE-accredited webinar, you will learn how to use the new Monte Carlo simulation, but most importantly, learn how to interpret and explain the results, leading to deeper and more meaningful planning conversations that will improve client outcomes.
