Search found 821 matches

by jimr
Sat Dec 30, 2023 3:31 pm
Forum: General questions and comments
Topic: cash, gold, crypto, real estate, cars
Replies: 1
Views: 70262

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: 221375

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...
by jimr
Sun Dec 10, 2023 3:00 pm
Forum: General questions and comments
Topic: Clarifying Inflation on Expenses
Replies: 1
Views: 76006

Re: Clarifying Inflation on Expenses

If you set a value for inflation on the main page, it will apply to all years of your plan. So there isn't a need to enter it in additional inputs, unless you want the rate to be different in some years. You can verify that the inputs are what you expect in the detailed view table after you click ru...
by jimr
Tue Dec 05, 2023 12:03 pm
Forum: General questions and comments
Topic: Variable Tax Rate
Replies: 4
Views: 102406

Re: Variable Tax Rate

Making adjustments to tax rates in additional inputs may add more fidelity to your plan as long as you can make decent estimates of your true average tax rates under the various circumstances. There's probably a good risk of falling into a trap where the risk of estimation errors is greater than the...
by jimr
Tue Nov 28, 2023 8:25 am
Forum: General questions and comments
Topic: Secure 2.0 Act Updates to RMD Timing
Replies: 1
Views: 73881

Re: Secure 2.0 Act Updates to RMD Timing

Hello and thanks for your question. The latest version of the planner is 04.04.01 and it uses the new 2022 IRS distribution table for RMDs as defined by the SECURE Act. It also lets you configure RMD Start Age in settings, so you can set it to whatever value fits your situation best. You can check y...
by jimr
Sat Oct 21, 2023 5:24 pm
Forum: General questions and comments
Topic: Current dollar portfolio and current dollar expenses
Replies: 3
Views: 139357

Re: Current dollar portfolio and current dollar expenses

Re: Portfolio value, the simulation shows today's mean portfolio value and the mean portfolio value in any given future year on a comparable basis in current dollar, i.e., the both today's and any future mean portfolio value represent accumulated wealth in terms of today's purchasing power (subject...
by jimr
Tue Oct 03, 2023 10:38 pm
Forum: General questions and comments
Topic: Variable Tax Rate
Replies: 4
Views: 102406

Re: Variable Tax Rate

These can also be set in additional inputs in the rate able (rate table is on top, cash flow table is on the bottom).
by jimr
Tue Sep 26, 2023 7:35 am
Forum: General questions and comments
Topic: how do I add a non-investment account?
Replies: 2
Views: 110388

Re: how do I add a non-investment account?

The planner isn't set up to track individual investment accounts or asset classes. The investment style (or custom avg return/std dev) should be configured so to represent the expected risk/return of your overall blended portfolio, including any cash you hold in your portfolio. I haven't researched ...
by jimr
Tue Sep 19, 2023 6:13 pm
Forum: General questions and comments
Topic: Latest S/W
Replies: 1
Views: 76911

Re: Latest S/W

That's the latest version. You can check the latest version by going to this page: https://www.flexibleretirementplanner.com/wp/download/ While on that page, hover over either of the download buttons. Your browser status bar (usually on the lower left of the window) will show the file path of the do...
by jimr
Fri Sep 15, 2023 11:18 pm
Forum: General questions and comments
Topic: Return - Average: Is it inflation adjusted
Replies: 1
Views: 90435

Re: Return - Average: Is it inflation adjusted

The return input is nominal. So in your example, it's a 2% inflation adjusted return.