Search found 38 matches
- Mon Jan 20, 2020 1:22 pm
- Forum: General questions and comments
- Topic: Questions on RMD @ 72, spending multiplier
- Replies: 3
- Views: 9604
Re: Questions on RMD @ 72, spending multiplier
First, the latest standalone version (04-03-02) let's you adjust the RMD start age. If you have the latest version, you should see that option in settings. The download page is here: https://www.flexibleretirementplanner.com/wp/download/ The spending adjustment multiplier controls how fast "pe...
- Mon Jan 20, 2020 10:07 am
- Forum: General questions and comments
- Topic: Questions on RMD @ 72, spending multiplier
- Replies: 3
- Views: 9604
Questions on RMD @ 72, spending multiplier
Jim, Will there be (or is there) a standalone version that allows RMDs to be taken at 72? This seems to be an option in the online version as it appears in the screenshot in the FAQ. But my standalone version only allows age 70 in the settings screen. Also can you explain in more detail how the spen...
- Sun Jan 05, 2020 2:35 pm
- Forum: General questions and comments
- Topic: understanding income taxes
- Replies: 1
- Views: 6462
understanding income taxes
Jim, I'm unclear on how taxes are being applied by the planner. In the setup page I have "Income Tax Rate" set as 15%. (Though I am not sure, I would assume this is used as an average rate applied to the withdrawal, and does not take into account progressive taxation.) I have Annual Retire...
- Thu Dec 19, 2019 1:23 pm
- Forum: General questions and comments
- Topic: Force planner to leave specific estate?
- Replies: 5
- Views: 11412
- Thu Dec 19, 2019 12:55 pm
- Forum: General questions and comments
- Topic: Force planner to leave specific estate?
- Replies: 5
- Views: 11412
Force planner to leave specific estate?
Jim-- I know this is not the intent of the planner, but is there perhaps a workaround that will allow me to specify (for example) a $2m estate left when the planner period ends? I have played around with the Goal Seek but it's not really accomplishing what I want to do, which is this: Specify an amo...
- Mon Aug 05, 2019 11:33 am
- Forum: General questions and comments
- Topic: How tax rates are applied - Additional Inputs section
- Replies: 4
- Views: 9906
Re: How tax rates are applied - Additional Inputs section
All makes sense! Thanks for the speedy reply!
- Mon Aug 05, 2019 11:20 am
- Forum: General questions and comments
- Topic: How tax rates are applied - Additional Inputs section
- Replies: 4
- Views: 9906
Re: How tax rates are applied - Additional Inputs section
From what you describe, it sounds like your understanding of how this should work is correct and what you're seeing is confusing to me too. Unfortunately, I'm not able to reproduce the result you're seeing based on what you've described. I started with a new plan, changed the tax rates and inflatio...
- Mon Aug 05, 2019 10:51 am
- Forum: General questions and comments
- Topic: How tax rates are applied - Additional Inputs section
- Replies: 4
- Views: 9906
How tax rates are applied - Additional Inputs section
I'm confused by how tax rates are applied, the order, and the nomenclature with respect to a pension. On the main planner page, under Income Tax Rate, I have entered 15%. I assume that this rate is applied to any entries that are added on the Additional Inputs section that are considered Income (suc...
- Mon Feb 19, 2018 8:43 am
- Forum: Problems installing and running the program
- Topic: Error msg when planner launches
- Replies: 2
- Views: 77630
Re: Error msg when planner launches
That sounds like a problem with the .frp input file. The error could be in the default scenario or it could be in another scenario that isn't active, which might make it tough to see. Try doing a save-as of the current data file, which will reset the default input file to the newly 'saved' file. An...
- Mon Feb 19, 2018 7:46 am
- Forum: Problems installing and running the program
- Topic: Error msg when planner launches
- Replies: 2
- Views: 77630
Error msg when planner launches
I am getting an error box (the one with the exclamation point) each time I launch the planner. The box says "Invalid User Input" and the message in the box reads: "Unable to Parse Value for Portfolio Return (Std Dev) Min Data Entered: .-25" If I then click "OK" the plan...