Search found 711 matches

by jimr
Mon Jun 07, 2021 6:13 pm
Forum: General questions and comments
Topic: Best way to track my portfolio vs projection
Replies: 2
Views: 41

Re: Best way to track my portfolio vs projection

As you mentioned, inflation makes it hard to track amounts across runs of the planner that are several years apart. You could use a spreadsheet that automatically adjusts amounts for inflation across the years.The columns could have years and each row could be an amount you'd like to track across pl...
by jimr
Mon Jun 07, 2021 3:54 pm
Forum: General questions and comments
Topic: Order for Withdrawals
Replies: 4
Views: 104

Re: Order for Withdrawals

Nick, Just as an FYI I ended up adding the ability to configure the simulation to withdraw from the tax deferred portfolio first. Since this feature is brand new and involved changes to the inner simulation logic, I'm going to keep this as a beta only release for a while. Here's a link with more inf...
by jimr
Thu Jun 03, 2021 7:33 pm
Forum: General questions and comments
Topic: Median RMD and Total Income
Replies: 1
Views: 27

Re: Median RMD and Total Income

That's correct that RMDs are not counted in Total Income.

Total income includes any "Annual Retirement Income" amount from the main input page plus any "income" type cash flows entered in the lower table in the additional inputs window (eg SS, Pension, Annuity, Misc Income).
by jimr
Sun May 30, 2021 8:17 pm
Forum: General questions and comments
Topic: Question regarding the calculation logic
Replies: 8
Views: 485

Re: Question regarding the calculation logic

Paul,

I think it'd be easiest if I could have a .frp file to investigate what might be happening.

Would it be possible to sent a file to me at info@flexibleretirementplanner.com with the numbers altered so no personal financial information is included?

Thanks,

Jim
by jimr
Mon May 24, 2021 4:59 pm
Forum: General questions and comments
Topic: Order for Withdrawals
Replies: 4
Views: 104

Re: Order for Withdrawals

I've heard this request from a few folks now and if it was easy I'd definitely do it. The GUI changes would be easy, but the trouble is that the simulation code that handles the withdrawals is pretty squirrelly and I'm hesitant to mess with it at this point out of concern I'd introduce bugs that are...
by jimr
Mon May 10, 2021 10:53 pm
Forum: General questions and comments
Topic: How to Specify Withdrawal Rate
Replies: 8
Views: 184

Re: How to Specify Withdrawal Rate

That sounds correct based on what you've indicated.
by jimr
Mon May 10, 2021 10:47 pm
Forum: General questions and comments
Topic: How to Specify Withdrawal Rate
Replies: 8
Views: 184

Re: How to Specify Withdrawal Rate

It shouldn't include the amount withdrawn from investments. All portfolio withdrawals are handled automatically by the simulation logic, based on the amount of spending you say you need. The simulation model assumes that all investment income is reinvested back into the portfolio.
by jimr
Mon May 10, 2021 10:34 pm
Forum: General questions and comments
Topic: How to Specify Withdrawal Rate
Replies: 8
Views: 184

Re: How to Specify Withdrawal Rate

The Annual Retirement Income input is in addition to anything you enter in additional inputs. You can verify this by looking in the detailed view tab, By default the table in that view shows the after tax income, but if select the "show more details" radio button on the top right, then rig...
by jimr
Mon May 10, 2021 6:26 pm
Forum: General questions and comments
Topic: How to Specify Withdrawal Rate
Replies: 8
Views: 184

Re: How to Specify Withdrawal Rate

The planner doesn't let you set a specific withdrawal rate. The reason is that if the annual portfolio withdrawal was done as a straight percent of the remaining portfolio value, then the portfolio could never run out of money and the resulting probability of success would always be 100%. Instead, t...
by jimr
Mon May 10, 2021 6:10 pm
Forum: General questions and comments
Topic: Question regarding the calculation logic
Replies: 8
Views: 485

Re: Question regarding the calculation logic

First, the code for the flexible and conservative spending policies is identical, except that with the conservative policy, the percent of expenses funded can't go over100%. When I first envisioned these spending policies, I thought there would be a big difference between the flexible and conservati...