Flexible Retirement Planner Support Forum

When my wife retires she can cash out her unused vacation and sick leave. We would probably put this one time income in a taxable high rate savings account. This would have a different interest rate than our retirement savings (IRA).

How would I model this in the Flexible Retirement Planner?

OK, gotcha. I don't know what I was doing wrong, but I changed back to current 53 and retire 61 and it's all working out now. Weird, I couldn't wrap my head around that for some reason.

Onward. Thanks!

I am still having trouble with the age settings. I am 53 now, but will turn 54 in November. Starting now, FRP shows the balance after the first year, when I'm actually 54. OK, no problem, I just changed my current age to 54 so that works out nicely. However, I plan to retire when I turn 61, at the e...

Yep, it was the inflation rate. When I set that to zero the balance was in line with the other calculators. Thanks!

Assuming a starting value of 73,000 in a tax-deferred portfolio, a fixed 6% return, adding 6500 per year, for five years. Investor.gov, Calcxml.com, moneychimp, and bankrate.com all estimate the portfolio will grow to somewhere between 134,331 and 136,530. With the same figures, FRP says the portfol...

it's a reasonable way to account for the volatility of portfolio returns, especially compared to just ignoring volatility and assuming your portfolio gets the exact same average return each year. Is there any real advantage to using an average and deviation for the returns, instead of just picking ...

I apologize for the ignorance, but what exactly is "standard deviation" for the investment returns? I tried to Google it, but the math and equations mean nothing to me. :) I'm guessing the Average Return is kind of the "middle point", and the SD is how much the return can increas...

I suspect that the conservative assumption you made about social security keeping up with inflation, while certainly reasonable, has a very large impact on your plan's chances of success. Yes, I am taking a very conservative approach to retirement planning. I'm only using 75% of our Social Security...

The detailed view shows all amounts in 'present value' (eg 2017) dollars. So if an amount stays flat from year to year in that view, it means it is exactly keeping up with inflation. OK. Got it, thanks. Another question (sorry) - What probability of success should I be aiming for? Would anything le...

I think I may be looking at the results wrong. Somehow I was thinking FRP was calculating how my entire income would last through retirement. Am I correct that the graph and success/failure is strictly based on my portfolio (a single traditional IRA in my case)? In other words, "failure" s...