Search found 36 matches

by mountainsoft
Wed Jun 10, 2020 4:30 pm
Forum: General questions and comments
Topic: How to Model Proportional Distributions?
Replies: 1
Views: 594

How to Model Proportional Distributions?

I was reading an article on withdrawing a little bit from each portfolio type, rather than the traditional Taxable First, then Tax Deferred, then Tax Free: https://www.fidelity.com/viewpoints/retirement/tax-savvy-withdrawals Is there any way to model something like this in FRP? I only saw options to...
by mountainsoft
Mon Jun 08, 2020 9:34 am
Forum: General questions and comments
Topic: Income Tax Rate - Effective Tax Rate?
Replies: 1
Views: 611

Income Tax Rate - Effective Tax Rate?

For the "Income Tax Rate" field, I assume this is my effective tax rate and not my marginal tax bracket? If so, I have seen two different methods used to calculate the effective tax rate. One divides the total tax by the "taxable" income (after standard deduction). In my case this results in 15-16% ...
by mountainsoft
Sun Nov 17, 2019 8:00 pm
Forum: General questions and comments
Topic: How to Model Selective Withdrawals
Replies: 1
Views: 2822

How to Model Selective Withdrawals

Let's say I have 60% of my portfolio in stocks (maybe VTSAX) and 40% in bonds (VBTLX). Is there a way to model selling only the bonds when the stock market has a major decline? Then rebalance when the market recovers?
by mountainsoft
Fri Oct 05, 2018 5:43 pm
Forum: General questions and comments
Topic: Manually Set Start Date?
Replies: 2
Views: 4053

Re: Manually Set Start Date?

Yeah, I tried that, but couldn't wrap my head around the differences between real ages and future ages. Oh well, next year will be here soon enough. :)
by mountainsoft
Fri Oct 05, 2018 5:32 pm
Forum: General questions and comments
Topic: Manually Set Start Date?
Replies: 2
Views: 4053

Manually Set Start Date?

Is there any way to manually set the start date for the simulation?

It seems FRP always starts with the current date. I couldn't figure out a way to run simulations in the future with account values I expected at that time (instead of what FRP calculates from todays values)
by mountainsoft
Tue Sep 04, 2018 12:05 am
Forum: General questions and comments
Topic: Set a Minimum Balance for Taxable Savings?
Replies: 12
Views: 9769

Re: Set a Minimum Balance for Taxable Savings?

I don't understand the intricate details of the internal functions, but my results seem to be spot on with the previous version. So, I suppose that's a good thing. Thanks for the ongoing support! FRP is still the best retirement planning software I have used.
by mountainsoft
Mon Sep 03, 2018 10:30 am
Forum: General questions and comments
Topic: Set a Minimum Balance for Taxable Savings?
Replies: 12
Views: 9769

Re: Set a Minimum Balance for Taxable Savings?

Do you have assets in your tax deferred and tax free portfolios in addition to the taxable portfolio? I don't have a tax free portfolio, but I do have tax deferred with $6480 added annually (traditional IRA). I specified a custom 6% return with 6% deviation on the main screen (lower than what I'm a...
by mountainsoft
Mon Sep 03, 2018 12:42 am
Forum: General questions and comments
Topic: Set a Minimum Balance for Taxable Savings?
Replies: 12
Views: 9769

Re: Set a Minimum Balance for Taxable Savings?

You can specify separate rates of return for taxable, tax deferred, and tax free accounts using additional inputs. That said, I recommend extreme caution in using this feature because there are some subtleties in setting this up that might not be obvious. We have a high interest online savings acco...
by mountainsoft
Mon Aug 27, 2018 6:00 pm
Forum: General questions and comments
Topic: Set a Minimum Balance for Taxable Savings?
Replies: 12
Views: 9769

Re: Set a Minimum Balance for Taxable Savings?

Since gains are calculated before savings are added back in, I think you won't get 'credit' for earnings on your taxable savings. Out of curiosity, instead of changing the Annual Retirement Spending on the main screen, could it be done by adding a negative value (-5000) for tax deferred, and a posi...
by mountainsoft
Mon Aug 27, 2018 2:18 pm
Forum: General questions and comments
Topic: Set a Minimum Balance for Taxable Savings?
Replies: 12
Views: 9769

Re: Set a Minimum Balance for Taxable Savings?

Are you using separate rates of returns for taxable vs tax deferred? Yes, 6% return with 6% deviation on the main screen for the tax deferred, then a 1.6% return with 0% deviation on the additional inputs screen for the taxable savings. I edited my original post to add a workaround. Does that sound...