Search found 839 matches

by jimr
Sat Jan 20, 2024 6:06 pm
Forum: General questions and comments
Topic: Custom Withdrawl Order With Dividends vs. Asset Sales
Replies: 1
Views: 2490

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.
by jimr
Sat Jan 20, 2024 5:25 pm
Forum: General questions and comments
Topic: Setting Custom Investing Style Input
Replies: 1
Views: 1889

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.
by jimr
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: 251434

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 ...
by jimr
Wed Jan 10, 2024 8:54 pm
Forum: General questions and comments
Topic: Using FRP During Retirement
Replies: 9
Views: 98306

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...
by jimr
Wed Jan 10, 2024 4:52 pm
Forum: General questions and comments
Topic: Using FRP During Retirement
Replies: 9
Views: 98306

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...
by jimr
Wed Jan 10, 2024 12:51 pm
Forum: General questions and comments
Topic: Using FRP During Retirement
Replies: 9
Views: 98306

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...
by jimr
Mon Jan 08, 2024 3:31 pm
Forum: General questions and comments
Topic: Add parameter for start date
Replies: 4
Views: 106404

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
by jimr
Sun Jan 07, 2024 8:00 pm
Forum: General questions and comments
Topic: Add parameter for start date
Replies: 4
Views: 106404

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
by jimr
Sat Dec 30, 2023 3:31 pm
Forum: General questions and comments
Topic: cash, gold, crypto, real estate, cars
Replies: 1
Views: 81990

Re: cash, gold, crypto, real estate, cars

For what you'd like to do, it may be possible for you to get some insights using this tool, but it's tough to say. What you're trying to do is definitely not part of what the tool was designed to handle so it may make sense to look for other options. If you decide to tinker some, this would definite...
by jimr
Fri Dec 15, 2023 8:18 am
Forum: General questions and comments
Topic: understanding "Income Tax Rate" and "Taxable Percent"
Replies: 10
Views: 256965

Re: understanding "Income Tax Rate" and "Taxable Percent"

FRP's tax model is intentionally oversimplified and its goal is to just roughly estimate the impact of taxes on your plan. The tax rates it uses are intended to be average tax rates that are typically calculated by dividing total taxes paid by gross income from taxable sources The planner does allow...