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Forecasting Future Investment Experience: Use Monte Carlo Simulations Responsibly
Ken Steiner, FSA Retired Link to more items from this source
Jan. 26, 2015
"In terms of the question of what a low-return environment means if one is using the Actuarial Approach, ... if you are using the recommended assumptions for 2015 (5% investment return, 3% inflation and a payout period of 95-current age, or life expectancy if greater) then you are already using assumptions that are consistent with a low-return environment and you don't necessarily need to change anything."

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