With this update, we now provide a more complete analysis of your retirement investments. Rather than just grading your portfolio, we evaluate your investments according to several criteria to make sure that you're doing everything you can to invest well.
We perform a so-called Monte Carlo forecast that gives us a dollar-amount outcome to expect at retirement, based on your current investments. We then compare this outcome to the ideal: what you would get if you were doing everything to maximize your investments. For both forecasts, we estimate a reasonable savings rate that will lead to a comfortable retirement (close to 80% of your pre-retirement income)
We list the best practices to follow, and show you the ones you are doing already.
Of course, you can still access all the trade-by-trade recommendations in the "How to improve" tab of your dashboard.
As always, the features we build are intended to give you the best outcome. So we’d love to hear your feedback on these changes, to make sure they’re doing their job properly!