Search found 856 matches

by jimr
Mon May 27, 2024 3:32 pm
Forum: General questions and comments
Topic: Bug or misunderstanding: Taxable / TaxFree Portf.
Replies: 3
Views: 14592

Re: Bug or misunderstanding: Taxable / TaxFree Portf.

Glad to hear it worked. Thanks for posting because this is something that could easily trip up other early retirees.
by jimr
Mon May 27, 2024 10:58 am
Forum: General questions and comments
Topic: Bug or misunderstanding: Taxable / TaxFree Portf.
Replies: 3
Views: 14592

Re: Bug or misunderstanding: Taxable / TaxFree Portf.

My guess is that the difference has to do with penalties on early withdrawals from the tax free portfolio. From the screenshot, it looks like you're set up to retire at 55. By default, any tax deferred or tax free withdrawals made before age 60 are subject to a penalty. You can configure the penalty...
by jimr
Thu Apr 11, 2024 8:49 am
Forum: General questions and comments
Topic: Error: Retirement Age Less than Current Age
Replies: 1
Views: 10734

Re: Error: Retirement Age Less than Current Age

I can understand that it might be better to be able to show your actual retirement age with that input. However, the simulation doesn't know about years that have already passed and that's why it's saying the retirement age can't be less than current age. The technical reason this check was added is...
by jimr
Sat Apr 06, 2024 10:00 am
Forum: General questions and comments
Topic: Annual Retirement Spending/Inflation
Replies: 7
Views: 14622

Re: Annual Retirement Spending/Inflation

The planner begins adjusting all amounts for inflation from the start of the plan, not from the start of retirement. So there's no need for any manual inflation adjustments.
by jimr
Thu Apr 04, 2024 11:02 am
Forum: Problems installing and running the program
Topic: Accessing FRP website
Replies: 3
Views: 221690

Re: Accessing FRP website

Thanks. Looks like it needs another restore. It should be back soon.

Ever since I switched to a new inmotion hosting plan this seems to be happening a lot more, but I really don't really know what the cause of it is.
by jimr
Sun Mar 24, 2024 4:46 pm
Forum: General questions and comments
Topic: Using FRP During Retirement
Replies: 13
Views: 116877

Re: Using FRP During Retirement

I usually run a handful of sort of "roughed in" scenarios, each with different withdrawal amounts and maybe some other assumptions. Then I look at the prob of success for each scenario. For withdrawal amounts, I tend to use round numbers, so instead of $206k, maybe 180k, 200k, 220k, etc. I...
by jimr
Wed Mar 20, 2024 2:34 pm
Forum: General questions and comments
Topic: Misc Income and Inflation
Replies: 2
Views: 10157

Re: Misc Income and Inflation

All the amounts in that table are shown in present value dollars, so an amount staying the same from year to year is exactly keeping up with inflation. A decreasing amount is an amount that isn't keeping up with inflation and an increasing amount is growing at a rate greater than inflation.
by jimr
Tue Mar 19, 2024 8:07 pm
Forum: General questions and comments
Topic: Modeling House Sale
Replies: 3
Views: 11266

Re: Modeling House Sale

Actually, scratch that last question. The way the net withdrawal is reported when income is greater than expenses is dependent on whether RMDs are happening. If RMDs are not happening, the net withdrawal shows as 0, if RMDs are happening, the net withdrawal shows as the net amount that gets added to...
by jimr
Tue Mar 19, 2024 7:59 pm
Forum: General questions and comments
Topic: Modeling House Sale
Replies: 3
Views: 11266

Re: Modeling House Sale

Deleted. Please see below.
by jimr
Thu Mar 14, 2024 11:14 am
Forum: General questions and comments
Topic: Using goal seek but with a consistent withdrawal rate
Replies: 3
Views: 11062

Re: Using goal seek but with a consistent withdrawal rate

One suggestion is to play around with the other settings to see anything gets you closer to what you're looking for. A few things you might try: 1) set a higher probability of success for goal seek (maybe 95%?) 2) Try adjusting the spending policy floor and ceiling values (maybe 90% floor, 100% ceil...