Search found 5 matches

by JoeyD
Mon Aug 20, 2018 10:23 pm
Forum: General questions and comments
Topic: RMD Calculations
Replies: 13
Views: 1160

Re: RMD Calculations

Thanks, Jim. I might give that a try...should give a reasonable estimate of the RMDs for the first 5 years. After that when both of our accounts are subject to RMDs...the difference in RMD rates between our accounts I would say is close enough for these simulations. However, I'm modelling our annual...
by JoeyD
Mon Aug 20, 2018 9:34 pm
Forum: General questions and comments
Topic: RMD Calculations
Replies: 13
Views: 1160

Re: RMD Calculations

Speaking of RMDs (sorry to hijack this thread a little)… Is there any way to model Spousal RMDs? My spouse and I are 5 years apart and having both worked full time our entire lives we will each own a significant portion of our total 401k savings. RMDs on my wife's account will begin 5 years before t...
by JoeyD
Sun Aug 19, 2018 6:48 pm
Forum: General questions and comments
Topic: Future income Future Dollars
Replies: 5
Views: 617

Re: Future income Future Dollars

Thanks, Jim. Understood. I decided to use the AnyPIA calculator to just calculate the SS benefit with today's dollars and use that. Last question...for now anyway. :) My wife will have the option to take a lump sum instead of the "annuity" type pension. I'm assuming I'll be able to roll the lump sum...
by JoeyD
Sun Aug 19, 2018 5:23 pm
Forum: General questions and comments
Topic: Future income Future Dollars
Replies: 5
Views: 617

Re: Future income Future Dollars

Hi Jim, Here's my understanding: The annual SS statements (or the estimate you get when you log into your account on the SS web site) are indeed in today's dollars. They also make the following assumptions with their estimate: 1) You work until your "full" retirement age (for me this is 67) 2) You s...
by JoeyD
Sun Aug 19, 2018 3:20 pm
Forum: General questions and comments
Topic: Future income Future Dollars
Replies: 5
Views: 617

Future income Future Dollars

Just getting into it with the Flexible Retirement Planner. Very impressed with it generally speaking. Love the flexibility of inputs, overrides, the heat map scenarios.... One thing that is tripping me up is that the results are displayed in present day dollars. As a feature request...I would sugges...