Search found 821 matches

by jimr
Sun Mar 24, 2024 4:46 pm
Forum: General questions and comments
Topic: Using FRP During Retirement
Replies: 9
Views: 83432

Re: Using FRP During Retirement

I usually run a handful of sort of "roughed in" scenarios, each with different withdrawal amounts and maybe some other assumptions. Then I look at the prob of success for each scenario. For withdrawal amounts, I tend to use round numbers, so instead of $206k, maybe 180k, 200k, 220k, etc. I...
by jimr
Wed Mar 20, 2024 2:34 pm
Forum: General questions and comments
Topic: Misc Income and Inflation
Replies: 2
Views: 28

Re: Misc Income and Inflation

All the amounts in that table are shown in present value dollars, so an amount staying the same from year to year is exactly keeping up with inflation. A decreasing amount is an amount that isn't keeping up with inflation and an increasing amount is growing at a rate greater than inflation.
by jimr
Tue Mar 19, 2024 8:07 pm
Forum: General questions and comments
Topic: Modeling House Sale
Replies: 3
Views: 44

Re: Modeling House Sale

Actually, scratch that last question. The way the net withdrawal is reported when income is greater than expenses is dependent on whether RMDs are happening. If RMDs are not happening, the net withdrawal shows as 0, if RMDs are happening, the net withdrawal shows as the net amount that gets added to...
by jimr
Tue Mar 19, 2024 7:59 pm
Forum: General questions and comments
Topic: Modeling House Sale
Replies: 3
Views: 44

Re: Modeling House Sale

Deleted. Please see below.
by jimr
Thu Mar 14, 2024 11:14 am
Forum: General questions and comments
Topic: Using goal seek but with a consistent withdrawal rate
Replies: 3
Views: 61

Re: Using goal seek but with a consistent withdrawal rate

One suggestion is to play around with the other settings to see anything gets you closer to what you're looking for. A few things you might try: 1) set a higher probability of success for goal seek (maybe 95%?) 2) Try adjusting the spending policy floor and ceiling values (maybe 90% floor, 100% ceil...
by jimr
Thu Mar 14, 2024 8:34 am
Forum: General questions and comments
Topic: Using goal seek but with a consistent withdrawal rate
Replies: 3
Views: 61

Re: Using goal seek but with a consistent withdrawal rate

I assume the reason the withdrawal rate gets to 15% is because you specified expenses that require that high of a withdrawal in those years. If that high of withdrawal rate is unrealistic, what would you like the simulation to do differently in those years and how should it decide what's reasonable?...
by jimr
Sat Mar 02, 2024 1:19 pm
Forum: General questions and comments
Topic: how to model QCDs?
Replies: 1
Views: 104

Re: how to model QCDs?

The planner doesn't handle qualified charitable distributions explicitly, but you could probably model the impact by setting up a negative savings cash flow from the tax deferred portfolio. You can use the memo field to document what the cash flow is for. The ability to do negative savings cash flow...
by jimr
Mon Feb 19, 2024 9:45 am
Forum: General questions and comments
Topic: Simple question regarding time periods
Replies: 2
Views: 172

Re: Simple question regarding time periods

If I specify a time period in the planner, let's say a 30 year plan length age 65 to age 95, what does this really mean? Doesn't that carry me right until my 96th birthday? Why would I think that? Because 65 would specify the year from the moment I turn 65 and then the entire year following, until ...
by jimr
Sun Feb 18, 2024 9:02 pm
Forum: General questions and comments
Topic: How many years historical data to use when calculating return avg and std dev
Replies: 2
Views: 179

Re: How many years historical data to use when calculating return avg and std dev

I think if you ask 5 people how to do this you'll likely get 5 answers. I like to use a tool developed by someone on the Bogleheads.org forum called Simba's backtesting spreadsheet. The spreadsheet has historical returns for lots index funds that track common asset classes. You can enter your portfo...
by jimr
Thu Feb 08, 2024 4:01 pm
Forum: General questions and comments
Topic: Social Security case
Replies: 7
Views: 65590

Re: Social Security case

Thanks for clarifying this. I was afraid I had missed a rules change or something.

There probably are some people still receiving earned income after their RMDs start, but I'd guess it's not a super likely situation.