Unfortunately, not much has been written for client consumption on Monte Carlo simulation and therefore it's regarded as some mysterious, arcane process. At the risk of sounding like a one-trick pony, I believe we need to use techniques like Monte Carlo simulation. We've simply got to stop assuming that an average return is an invariable return. That's the biggest problem we face as planners. By the way, you can get all this stuff from that Web site.
Estate planning is probably the weakest area of financial profile.
The best estate planning software I've ever seen is a program called Estate Tax Analysis for Windows by Impact Technologies. I know something about that. There are a number of very good retirement planning packages. Depending on what you're looking for, I recommend the following. Another is the Advance pro from WealthTech, and for those who have access to it from insurance companies, QPDA, Qualified Plan Distribution Analysis.