Search found 662 matches

by jimr
Thu Feb 25, 2021 1:24 pm
Forum: General questions and comments
Topic: Modeling Roth conversions
Replies: 4
Views: 193

Re: Modeling Roth conversions

I assume is you're using a negative savings cashflow out of the tax deferred portfolio and taxes aren't automatically deducted on negative savings cashflows. The negative savings cashflow is sort of a back-door hack you can use to do the roth conversion. I enabled this a few releases back. In earlie...
by jimr
Thu Feb 18, 2021 9:43 am
Forum: General questions and comments
Topic: RMD for those attaining age 701/2 after 12.31.2019
Replies: 5
Views: 84

Re: RMD for those attaining age 701/2 after 12.31.2019

Thanks for filling in that additional detail. There's always some other angle to consider with this stuff.
by jimr
Sun Feb 14, 2021 8:21 pm
Forum: Problems installing and running the program
Topic: Can't save scenarios on my Mac
Replies: 1
Views: 19

Re: Can't save scenarios on my Mac

I believe this is a problem with permissions between MacOS and Java. I believe you can enable file system access for Java by going to General Settings -> Security & Privacy -> Privacy From there, add permission for the program "Java" to access to the file system folder in question. That should do it...
by jimr
Sun Feb 07, 2021 11:53 am
Forum: General questions and comments
Topic: RMD for those attaining age 701/2 after 12.31.2019
Replies: 5
Views: 84

Re: RMD for those attaining age 701/2 after 12.31.2019

Actually, I'm glad you posted because it adds visibility to this detail in how RMDs actually work. Previously, when the RMD age was 70 1/2, I had the RMD age hardcoded at 70, which I suppose was off even more. I set the new default to 72 because I figured that's more conservative and because most pe...
by jimr
Fri Feb 05, 2021 9:49 pm
Forum: General questions and comments
Topic: Output from Goal Seek Minimum Return
Replies: 1
Views: 49

Re: Output from Goal Seek Minimum Return

Since the probability of success didn't end up at the target probability, that means goal-seek wasn't able to converge on a result and the output isn't valid. It might help to set the return to custom and try some different return/std deviation numbers to see if you can get it to converge (the start...
by jimr
Tue Feb 02, 2021 3:59 pm
Forum: General questions and comments
Topic: Return - Std Dev input
Replies: 1
Views: 63

Re: Return - Std Dev input

Dave, I'm glad you're digging into this pair of numbers because they're some of the most consequential inputs. The "canned" investing styles are meant to be used as example inputs and I strongly suggest that folks should do their own due diligence to figure out appropriate numbers that are based on ...
by jimr
Sun Jan 31, 2021 5:06 pm
Forum: General questions and comments
Topic: User Input - Income Tax Rate
Replies: 3
Views: 274

Re: User Input - Income Tax Rate

Usually it's easier to handle assets like real-estate outside the portfolio and just enter any one time net cash flows you expect at the time of sale. If you expect the asset to appreciate at the inflation rate, you can create a "tracks inflation" cash flow. If you expect it to appreciate at a great...
by jimr
Sun Jan 31, 2021 5:01 pm
Forum: General questions and comments
Topic: Savings
Replies: 1
Views: 61

Re: Savings

If your retirement age is lower than the "Min IRA Withdrawal Age" that's set on the main input page (default 60), withdrawals from tax deferred and tax free portfolios are subject to a 10% early withdrawal penalty. Aside from that, I'm not sure what could explain the discrepancy. It may be simplest ...
by jimr
Wed Jan 27, 2021 9:24 pm
Forum: General questions and comments
Topic: Modeling cash reserve
Replies: 2
Views: 66

Re: Modeling cash reserve

I think the easiest way to handle this would be to just blend it into the taxable portfolio as a permanent part of your asset allocation. Use whatever tool you usually use to determine the portfolio return and std deviation that matches your asset allocation, but instead of considering just your inv...
by jimr
Sat Jan 23, 2021 2:08 pm
Forum: General questions and comments
Topic: Handling Trust Distributions as a beneficiary
Replies: 6
Views: 297

Re: Handling Trust Distributions as a beneficiary

First, all amounts shown in the detailed view are shown in present value dollars, so amounts that stay the same from year to year are exactly keeping up with inflation. Next,I think you've interpreted the taxable percent input incorrectly. This input isn't the tax rate, but rather it's the percent o...