Search found 821 matches
- Wed Feb 07, 2024 7:23 pm
- Forum: General questions and comments
- Topic: Social Security case
- Replies: 7
- Views: 65579
Re: Social Security case
There isn't a straightforward workaround for this unless you're not using the taxable portfolio for anything else. If only the RMDs are in the taxable portfolio, you can set the investment tax rate to zero. But I'm confused about why you don't want the gains that the RMD earns to be taxed. I didn't ...
- Wed Feb 07, 2024 6:00 pm
- Forum: General questions and comments
- Topic: Social Security case
- Replies: 7
- Views: 65579
Re: Social Security case
Any RMDs that don't get used for expenses are automatically added to the taxable portfolio. Since the taxable portfolio is carried at a 100% cost basis,withdrawals from this portfolio are tax free. To keep the tax basis of the taxable portfolio at 100%, portfolio gains are taxed fully in the year th...
- Sat Jan 20, 2024 6:06 pm
- Forum: General questions and comments
- Topic: Custom Withdrawl Order With Dividends vs. Asset Sales
- Replies: 1
- Views: 1225
Re: Custom Withdrawl Order With Dividends vs. Asset Sales
Unfortunately this isn't something that the planner can easily support and it's not something that's likely to be added in the future.
I haven't done a check of the competition in a while, but maybe there's another retirement planner that would be a better fit, given what you're trying to do.
I haven't done a check of the competition in a while, but maybe there's another retirement planner that would be a better fit, given what you're trying to do.
- Sat Jan 20, 2024 5:25 pm
- Forum: General questions and comments
- Topic: Setting Custom Investing Style Input
- Replies: 1
- Views: 911
Re: Setting Custom Investing Style Input
When you set the investing style to custom, the "Return - Average" and "Return - Std Dev" input fields below become active and can be edited directly based on the expected return and standard deviation of your portfolio.
- Fri Jan 12, 2024 10:09 am
- Forum: Announcements
- Topic: FRP version 4.4 released with ROTH Conversions and new RMD Tables
- Replies: 1
- Views: 231060
Re: FRP version 4.4 released with ROTH Conversions and new RMD Tables (updated)
Bumping for 04-04-02 maintenance release 01/12/2024 04.04.02 Release Notes - Added validation check for retirement age less than current age. - Fixed total_taxes_paid calculation in extended detailed view if early withdrawal penalty. - Fixed typo in run scenario button mouseover text. - Updated jre ...
- Wed Jan 10, 2024 8:54 pm
- Forum: General questions and comments
- Topic: Using FRP During Retirement
- Replies: 9
- Views: 83426
Re: Using FRP During Retirement
It sounds like you've got a pretty good handle on things. Keeping std dev at 0 does greatly simplify the challenge. I'm not sure this is how I'd do it myself, but that's largely because my own plan uses the monte carlo and flexible spending features. For my use case what you're trying to do would be...
- Wed Jan 10, 2024 4:52 pm
- Forum: General questions and comments
- Topic: Using FRP During Retirement
- Replies: 9
- Views: 83426
Re: Using FRP During Retirement
My sense is that this would be tricky to do correctly and I've never heard of anyone trying to use the planner this way. That said, over the years the planner has had lots of users trying lots of different things and I don't always hear about every use case. There's probably a way to adjust the inpu...
- Wed Jan 10, 2024 12:51 pm
- Forum: General questions and comments
- Topic: Using FRP During Retirement
- Replies: 9
- Views: 83426
Re: Using FRP During Retirement
Hello, People have different ideas about how best to track their progress over time. I'm not in a position to give personalized financial planning advice, but I can tell you what I do myself. Of course, nothing I say should be taken as financial planning advice. You'll need to do your own due dilige...
- Mon Jan 08, 2024 3:31 pm
- Forum: General questions and comments
- Topic: Add parameter for start date
- Replies: 4
- Views: 90736
Re: Add parameter for start date
Ok. Now I think I've got it. I can't promise anything, but it would be a simple change. I made a note to look at it for the next release which should be coming in the next couple of months (it will have just one or two very minor updates).
Jim
Jim
- Sun Jan 07, 2024 8:00 pm
- Forum: General questions and comments
- Topic: Add parameter for start date
- Replies: 4
- Views: 90736
Re: Add parameter for start date
Hi Nick,
I'm not quite getting what you're trying to do here. Are you keeping the current age input (on the main page) fixed at the age when you retired (eg 61)?
Jim
I'm not quite getting what you're trying to do here. Are you keeping the current age input (on the main page) fixed at the age when you retired (eg 61)?
Jim