Simulating pension sustainability

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    Jason

    Thanks for posting in the GoldSim Forum! There is a possibility that GoldSim can simulate a pension system. Would this be a model of an pension plan for an entire organization or just for an individual? Keep in mind that GoldSim is a generalized dynamic simulation software so it means you will need to define all the properties and functions necessary to build this model, with the exception of some basic elements that we have, like the Investment, Fund, and Cash Flow elements. These are very basic and likely you would need to add more functionality. 

    I recommend that you have a look at some of our learning resources to see if GoldSim would be a good fit for you. Here are some links to get you started:

    Let us know if you have further questions. Also, keep in mind that you can get a free Trial version of the software to start playing with it and seeing how you might actually build a model.

    -Jason

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    Golaysrijana22

    Well I am looking forward to more of GoldSim's capability to build a complex pension model for a government. We need to assess the sustainability of our current Defined Benefit system, considering various demographic, economic, financial, and policy factors.

    Can GoldSim accommodate this type of modeling? A prompt response would be highly appreciated, as this is a critical issue for our country.

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    Jason

    Unfortunately, it is still too difficult for me to answer that without knowing your specific requirements. I'm hopeful that GoldSim is a good fit and you can see some real-world applications in our strategic planning showcase: Strategic Planning Modeling Software - GoldSim that could help begin to answer your question.

    I think the best way to answer this question is for you (and your colleagues) to trial our software and start with the tutorial. We are here to help you with questions specific to the software and its capabilities. I hope this helps!

    -Jason

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