Search found 729 matches

by jimr
Sun Oct 17, 2021 12:28 pm
Forum: General questions and comments
Topic: Birthdate in year calculations
Replies: 2
Views: 411

Re: Birthdate in year calculations

The simulation doesn't track calendar dates and that means it doesn't use a Jan 1 start of year. Instead, the start of the first year is today and the end is one year from today, and so on for each subsequent year. If you're close to retirement, you might want to explore how your exact retirement da...
by jimr
Sat Oct 16, 2021 11:49 am
Forum: General questions and comments
Topic: Detailed View observations and questions
Replies: 2
Views: 276

Re: Detailed View observations and questions

Hello, I tried to answer your questions are below... In general, it can be helpful to select the "show more detail" radio button at the top right of the detailed view window to add in some extra columns to the table. Also, if you right-click on any column header, you'll get a menu that let...
by jimr
Thu Oct 14, 2021 7:59 pm
Forum: General questions and comments
Topic: glide path?
Replies: 2
Views: 299

Re: glide path?

By glide path, I'm assuming you're referring to having a gradual reduction in the retirement portfolio's risk profile throughout the retirement portion of the plan. The planner doesn't have any specific support for this type of automatic portfolio adjustment, however, you can get a decent approximat...
by jimr
Sun Sep 19, 2021 5:55 pm
Forum: General questions and comments
Topic: Taxes on Portfolio Growth column
Replies: 2
Views: 432

Re: Taxes on Portfolio Growth column

The issue that was mentioned before was corrected in version 04-03-03 which was released last year. So unless something got messed up with that fix or this is a new issue, the calculation should be correct in 04-04-01. If you can email a generic .frp file (eg no real personal financial info - only g...
by jimr
Fri Sep 03, 2021 6:44 am
Forum: General questions and comments
Topic: Roth 401k RMD
Replies: 1
Views: 370

Re: Roth 401k RMD

As I understand it, most people roll their Roth 401k into a Roth IRA to avoid RMDs. If that's not viable in your case, you may be able to fudge it by setting the income tax rate to zero and handling taxes on other income by manually computing and deducting taxes prior to entering the cash flow amoun...
by jimr
Tue Aug 31, 2021 6:22 am
Forum: General questions and comments
Topic: Is it possible to add a notes field to scenarios?
Replies: 2
Views: 453

Re: Is it possible to add a notes field to scenarios?

Adding a notes field to scenarios wouldn't be a trivial change because of the GUI work, but it's certainly doable.

I can't make any promises about when or if this might get done, but I did make a note to consider it if I'm working in that part of the code in the future.

Jim
by jimr
Sun Aug 22, 2021 12:06 pm
Forum: General questions and comments
Topic: Annual Retirement Income
Replies: 2
Views: 535

Re: Annual Retirement Income

This input is intended as a short-hand way for people who want to quickly run a plan without entering too much detail. It's equivalent to adding a "Misc Income" entry in additional inputs with a start age of "Retirement Age," an end age of "End of Plan," a taxable perce...
by jimr
Tue Aug 17, 2021 6:44 pm
Forum: General questions and comments
Topic: Save to print on another printer
Replies: 2
Views: 488

Re: Save to print on another printer

Most computers now have pdf "printer" installed by default. Although this looks like a printer in the print dialogue, when you print to the pdf printer, it creates a pdf file of the output and you can save the file on your computer. On windows, you an select either "save to pdf" ...
by jimr
Sun Aug 15, 2021 9:10 am
Forum: Announcements
Topic: FRP version 4.4 released with ROTH Conversions and new RMD Tables
Replies: 0
Views: 994

FRP version 4.4 released with ROTH Conversions and new RMD Tables

Download Page: https://www.flexibleretirementplanner.com/wp/download/ 04.04.01 - Added support for ROTH conversion cashflow type in Additional Inputs. - Updated IRS Uniform Lifetime Table for RMDs from 2002 version to 2022 version. - Added option to withdraw from tax deferred portfolio first. - Adde...
by jimr
Sat Aug 07, 2021 6:50 pm
Forum: General questions and comments
Topic: Roth Set Up Instructions
Replies: 1
Views: 568

Re: Roth Set Up Instructions

The taxable percent depends on your IRA's tax basis. As I understand the tax rules, if you're IRA contains some after-tax contributions, some percent of your rollover won't be taxable. So in that case the percent would be less than 100%. For COLA, you could probably enter it either way depending on ...