Your financial plan has been carefully designed to help you reach your long-term financial objectives. But there’s one problem: that plan is likely based on certain assumptions that may or may not come to pass in real-world conditions. For example, your plan might not account for inflation or changing interest rates, and you may not realize it until it’s too late.

Stress-testing your financial plan is a good way to ensure it is robust enough to withstand market or economic changes, but that doesn’t mean you have to wait for market or economic conditions to change. At XML, we use eMoney to safely stress-test your portfolio and observe how it might perform in a variety of different scenarios. This Kiplinger article explains what stress-testing is—and how you can give yourself a head-start on the process.

Click here to read

This communication is for informational purposes only. No content or reference to a third-party article is intended to be a recommendation for the sale or investment in any product, strategy or service nor should it be perceived as individual advice. This commentary does not necessarily reflect the opinions of all employees or XML Financial Group and its affiliates (“XML”).  XML is not responsible for any actions taken related to this information.