This section produces the conventional probability of success with respect to historical data and your clients' personalized Tolerisk score.
To access the Scenario Analysis tool -
- Click into the Risk Assessment that you want to work with. This can be accessed through the "Clients" or "Risk Assessments" tab.
- Then, click the "Results" denoted by a star icon on the top right side of the web page.
- On the results page, you will see the "Scenario Analysis" tab located in the list on the right side of the page.
Some information about the Scenario Analysis section -
- The scenario analysis produces the conventional probability of success. Each age shows the probability that money will still be available for the client.
- By selecting the "Percentile" option at the top of the page, you can see the statistics from the other perspective. For each probability, you can see what age the client's money will run out for the specified asset allocation.
- The dynamic row accounts for their client's projected Tolerisk Score evolving over time
- The tables below represent the summary of your Capital Market Assumptions and probability of meeting each capital expenditure.
The video below highlights the features of the Scenario Analysis section by using an example -