Flexible Retirement Planner Support Forum

Download Page: https://www.flexibleretirementplanner.com/wp/download/ 07/10/2020 04.03.03 - Added control to show age instead of calendar year on x-axis of results graph - Added columns to detailed view for tax on income and total tax paid (right-click column header to show) - Fixed calculation used...

Target2019 - I mistakenly thought you were the OP. I just realized you're something of a regular around here.

Double thanks for jumping into this thread with such a great answer. - Jim

Thanks for doing the digging over at bogleheads.org and for following up with this info. Simba's spreadsheet looks like it'd be a great tool for this sort of analysis. I hadn't looked at it in a while. They've really beefed it up over the years and it's great that they seem to be keeping the data cu...

Anyone with an answer should feel free to respond, but since this forum is viewed mostly by people looking for answers to questions about the planner, the traffic is relatively light. You might get a better response to your question by posting at a site like bogleheads.org at https://www.bogleheads....

FRPJunkie wrote: ↑

Sat Sep 05, 2020 6:45 pm

I think part of the point is that I want to leave more of a legacy rather than spend, say, 50% of my portfolio.

One way to explore this is to create a single year "other expense" in the last year of the plan. Set the amount of the expense to the amount you'd like to leave behind.

Thanks. So the way your retirement income is staged is going to force your portfolio withdrawals to be very lumpy. This makes more sense now. I don't quite understand why a few years with a high withdrawal percent is a problem. If it was me, I'd probably be inclined to seriously lower portfolio risk...

I'm a little confused about why you're seeing such a high withdrawal rate in some years. Assuming you're targeting a 90ish percent probability of success, the planner wouldn't be likely to draw down the portfolio to zero. This is because it'd be tough to target such a complete spend-down while still...

Yes. Assuming you choose the "track inflation" option when you create the cash flow in Additional Inputs the amount you enter will be annually adjusted for inflation, both before it begins as well as after it starts. In general, you can verify how the planner is handling a cash flow by looking at th...

Regarding the formula for Tax on portfolio growth as showed on the Support Forum : Taxes on growth = (ending portfolio value / (1 + (return * (1 - tax rate))) * return * tax rate Is the “return” in the formula the Investment return before inflation is taken into account? Or after? Keep in mind that...

Sorry, but unfortunately there isn't an option that does this. Everything is always shown in today's value dollars.