Flexible Retirement Planner Support Forum

The answer depends on the tax treatment of the lump sum. I'm not that up on pension distribution taxation, but assuming the lump sum payment can be rolled into a 401k or IRA, it should be ok to enter it as a tax-deferred savings cash flow.

I don't quite understand why you'd want to specify a taxable amount. Wouldn't the entire loan repayment just get entered for the amount of the taxable savings cash flow?

There's no magic built into the simulation logic in that respect. It just takes what the pseudo random generator gives it and runs with it.

Sorry I missed this post and ended up ignoring it for so long. The planner doesn't have any way to track an amortization schedule, so I can't think of how you'd enter that in the planner without some really tedious year by year entries in additional inputs. Depending on how important the precision i...

I'm curious how substantial the difference in probability of success between retiring now and retiring in 1 year? As a rough approximation, I'd guess you could probably split the difference between the 2 probabilities for now vs in 1 year as an estimate for retiring in 6 months. Another approach wou...

Basically yes. In this case, the planner assumes that you die the day before your 93rd birthday. So the day you turn 92, your expenses for that year are deducted all at once from your portfolio. If you have enough, the plan succeeds, otherwise, it fails. Next, conceptually at the end of the year, yo...

Conceptually, the planner assumes that the plan starts on your birthday, and that day is also the first day of the plan year. So if you say you're 60, the planner thinks you just turned 60 today. The first full year of the plan will be the year when you're 60. At the end of the first year (your age ...

The description says "the investment tax rate determines how much of each year's portfolio gains (from taxable investments) will be taxed."

It doesn't say it is how much, just that it determines how much.

I think the wording is correct, but perhaps it's a bit confusing?

The inflation rate doesn't directly interact with the portfolio standard deviation. The inflation rate reduces the portfolio's real average return, but I don't believe it has any effect on the standard deviation. During each year of each iteration of the simulation, portfolio growth is computed as f...

I'm not sure I understand when you said the portfolio value went down dramatically when you unchecked the 'take RMDs' checkbox. My guess is that there's something else going on to cause that, or something isn't as expected. Usually, unchecking that box makes only a slight difference in the end resul...