Search found 6 matches

by NickK
Tue Feb 13, 2018 7:18 pm
Forum: General questions and comments
Topic: Probability of Success clarification ...
Replies: 1
Views: 1191

Probability of Success clarification ...

In the webpages, it says "... even with a 90% probability of success, one out of 10 people would experience problems with their retirement finances. " Isn't it more accurate that given the same inputs, 100% of the subjects/people/investors will experience failure in 10% of the simulated market runs ...
by NickK
Tue Feb 13, 2018 1:22 pm
Forum: Simulation mechanics, assumptions, and inputs
Topic: Have FRP results been compared to other tools?
Replies: 1
Views: 4695

Re: Have FRP results been compared to other tools?

Given that tools like this help you guess the future, one cannot really say one is better than the other until well into the future... if then. I suppose you could back test them against previous years but that is still only as good as those year's actual performance, we can't say what happens going...
by NickK
Tue Feb 13, 2018 12:59 pm
Forum: General questions and comments
Topic: Reduced Tax Strategy for RMD's ...
Replies: 2
Views: 1578

Re: Reduced Tax Strategy for RMD's ...

The interesting thing to me is that doing this barely moves the needle on both probability of success and median ending portfolio value. I suppose that makes sense since the total amount of taxes saved is relatively small in comparison to the total amount of spending over the entire plan (assuming ...
by NickK
Tue Feb 13, 2018 12:42 pm
Forum: General questions and comments
Topic: Dividend Income instead of portfolio withdrawal
Replies: 2
Views: 2075

Re: Dividend Income instead of portfolio withdrawal

If the dividend exceeds your needs, then there is not much reason to do much analysis. Such a problem! For those of us who's dividend does not meet their spending needs, analysis is important because you need to "eat the geese that lay the golden eggs" .. if you catch my metaphor. Would this work .....
by NickK
Tue Feb 13, 2018 12:10 pm
Forum: General questions and comments
Topic: Is there a way to have a plan finish with zero $ (or close)?
Replies: 6
Views: 7310

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

Can't you sorta use the sensitivity analysis to give some guidance relative to driving the ending number to zero? play portfolio return against annual spending.
by NickK
Tue Feb 13, 2018 11:36 am
Forum: General questions and comments
Topic: Reduced Tax Strategy for RMD's ...
Replies: 2
Views: 1578

Reduced Tax Strategy for RMD's ...

One strategy to reduce taxes on deferred taxable accounts is to make withdrawals in years where you have no taxable income even if you don't need the monies from the deferred tax accounts just yet. For example: - retire at 60 - RMD start at 70.5 - taxable account balance = $500,000 - desired income ...