Search found 7 matches

by cobson
Thu Feb 20, 2020 11:08 am
Forum: General questions and comments
Topic: Retirement year is now but initial and retirement portfolio values differ
Replies: 8
Views: 3541

Re: Retirement year is now but initial and retirement portfolio values differ

Thanks for the clarification - I agree that the current approach makes better sense - you start your first year of retirement with what was in the pot at the end of the previous year.
by cobson
Thu Feb 20, 2020 8:29 am
Forum: General questions and comments
Topic: Retirement year is now but initial and retirement portfolio values differ
Replies: 8
Views: 3541

Re: Retirement year is now but initial and retirement portfolio values differ

Sorry to drag up this old thread, but can I check your statement below: "The planner records the "portfolio value at retirement" at the end of the year that retirement happens rather than the beginning of the year. It would be more accurate if the label was "portfolio value at end of retirement year...
by cobson
Fri Jan 26, 2018 1:12 pm
Forum: General questions and comments
Topic: Spending policies
Replies: 6
Views: 2040

Re: Spending policies

It would be great if you could be persuaded to add some extra spending policies (such as GK) along the same lines as the ones in the cFireSim tool, as your software is much nicer to use in other respects. The existing conservative and flexible policies could be left as they are.
by cobson
Wed Jan 24, 2018 6:22 pm
Forum: General questions and comments
Topic: Spending policies
Replies: 6
Views: 2040

Spending policies

I’m trying to understand how the conservative spending policy works. The documentation says “Basically, in any year where the portfolio shrinks and the portfolio balance is smaller than it was at the start of retirement, this policy withholds the cost of living increase (cola) for that year”. So for...
by cobson
Fri Jul 28, 2017 9:30 am
Forum: General questions and comments
Topic: Is there a way to have a plan finish with zero $ (or close)?
Replies: 6
Views: 6822

Re: Is there a way to have a plan finish with zero $ (or close)?

Sorry to drag up this old post, but could this be added as a goal-seek option ?
by cobson
Fri Jul 28, 2017 9:01 am
Forum: General questions and comments
Topic: Advice and/or tips for UK users?
Replies: 1
Views: 1354

Re: Advice and/or tips for UK users?

You can model the tax-free lump sum by setting up a Portfolio Return on the Additional Inputs screen with a start and end date of Retirement Age-1, and a rate equal to your return rate on the main screen minus the lump sum percentage, remembering to set the standard deviation to the same as the main...
by cobson
Fri Jul 28, 2017 6:01 am
Forum: Simulation mechanics, assumptions, and inputs
Topic: Mid year growth
Replies: 1
Views: 3251

Mid year growth

FRP is a great tool. Even us non-US users can get a lot out of it by just ignoring the US tax side of it. I came across an interesting article on growth rate calculations: http://www.pralanaretirementcalculator.com/html/optimized_account_growth.html Am I right in thinking that FRP takes and end-of-y...