Originally Posted by Midpack
That's what sequence of returns is all about.
Right, that's what FireCalc is all about. However, one should do a little simple arithmetic to see what that might mean in terms of short term shocks. Example, your net worth in August of 2008 and then again in late Feb 2009 with all several smart money managers talking about the SP500 going down possibly a lot more.
Somehow all the simulations in the world never prepare me for the emotional roller coaster of what I've signed up for. Everyone is probably a bit different in this regard.