Educational and Psychological Measurement, Ahead of Print.
Factor analysis is commonly used in behavioral sciences to measure latent constructs, and researchers routinely consider approximate fit indices to ensure adequate model fit and to provide important validity evidence. Due to a lack of generalizable fit index cutoffs, methodologists suggest simulation-based methods to create customized cutoffs that allow researchers to assess model fit more accurately. However, simulation-based methods are computationally intensive. An open question is: How many simulation replications are needed for these custom cutoffs to stabilize? This Monte Carlo simulation study focuses on one such simulation-based method—dynamic fit index (DFI) cutoffs—to determine the optimal number of replications for obtaining stable cutoffs. Results indicated that the DFI approach generates stable cutoffs with 500 replications (the currently recommended number), but the process can be more efficient with fewer replications, especially in simulations with categorical data. Using fewer replications significantly reduces the computational time for determining cutoff values with minimal impact on the results. For one-factor or three-factor models, results suggested that in most conditions 200 DFI replications were optimal for balancing fit index cutoff stability and computational efficiency.