Search found 821 matches

by jimr
Mon Jun 25, 2012 6:37 pm
Forum: General questions and comments
Topic: FRP Batch version 3.0??
Replies: 1
Views: 8635

Re: FRP Batch version 3.0??

Hi,

Yes, there is a new version of the standalone version. Just send an email to info@flexibleRetirementPlanner.com and I'll send it to you.

Best,

Jim
by jimr
Fri May 04, 2012 1:15 pm
Forum: General questions and comments
Topic: Total Withdrawal vs. planned expenses
Replies: 4
Views: 11829

Re: Total Withdrawal vs. planned expenses

I'm glad it's working for you now, although it'd be nice to understand exactly what was going on. Did you re-enter everything the same as in the first run, including the nocola pension? Any additional pension income would of course reduce the amount of the withdrawal that's needed to fund expenses, ...
by jimr
Wed May 02, 2012 2:34 pm
Forum: General questions and comments
Topic: Total Withdrawal vs. planned expenses
Replies: 4
Views: 11829

Re: Total Withdrawal vs. planned expenses

Any chance you entered the $1m portfolio as 'tax-free' instead of as tax-deferred?

The tax-free portfolio is for roth IRAs and 401ks while the tax deferred input is for traditional 401ks and IRAs.

Jim
by jimr
Wed Feb 29, 2012 10:59 pm
Forum: General questions and comments
Topic: conservative vs flexible spending
Replies: 3
Views: 10353

Re: conservative vs flexible spending

ok. I see what's going on. For a base case, you probably ought to try the 'stable' spending policy. This forces withdrawal levels to the exact amount you specify. The flexible spending model tries to give you some extra money to spend each year if things are going well, and than takes some away if t...
by jimr
Wed Feb 29, 2012 4:55 pm
Forum: General questions and comments
Topic: conservative vs flexible spending
Replies: 3
Views: 10353

Re: conservative vs flexible spending

That does sound surprising, but it's tough to say what's happening without knowing all the inputs. Are there any inputs from the 'additional inputs' sheet, or are you only using the main sheet? The reason I ask is that irregular cash flows during retirement could explain part of it. There are three ...
by jimr
Wed Jan 04, 2012 9:42 pm
Forum: General questions and comments
Topic: Stand-alone Version 1.0
Replies: 1
Views: 9034

Re: Stand-alone Version 1.0

Hi Paul, I'm glad you've found the program useful. The latest version is 02.02.00, built on 07/07/2010. I ended up using the same version numbers on both the web and standalone programs to make it easier to keep things in sync. If you have a 1.0 version of the standalone program, you probably have a...
by jimr
Fri Dec 30, 2011 9:22 am
Forum: General questions and comments
Topic: Inflation with Savings
Replies: 2
Views: 9025

Re: Inflation with Savings

If I have input a $10,000 deposit into a taxable savings account for 2011, does the model assume that I will deposit $10,300 in 2012 and $10,609 in 2013…assuming a 3% inflation rate? Yes. That's exactly how it would work. If the model does include the inflation rate, is there any way to “fix” the n...
by jimr
Sun Nov 20, 2011 9:53 am
Forum: General questions and comments
Topic: Handling advisor fees.
Replies: 1
Views: 9990

Re: Handling advisor fees.

Hello, You're correct that there's no direct way to account for advisor fees in the planner. However the workaround you suggest is a reasonable one. Also, it's important to consider that the default return/standard deviations used for each investing style are only educated guesses. No one really kno...
by jimr
Sun Oct 02, 2011 12:13 am
Forum: General questions and comments
Topic: What tax rate to use?
Replies: 5
Views: 18623

Re: What tax rate to use?

Just to make sure I have this straight, for my own scenarios, I should use the calculated value of 11%? I will play with the tax rate a little and see how much changing the rate affects the results. Great idea to try different tax rates to see how much it matters. It sounds like you put enough work...
by jimr
Sat Oct 01, 2011 8:32 am
Forum: General questions and comments
Topic: What tax rate to use?
Replies: 5
Views: 18623

Re: What tax rate to use?

What you've done with estimating the income tax rate sounds reasonable. It's always a pretty rough guess, but the more work you do on the estimate, the better it should be. The default at 20% was a rough guess that included state income tax. Also, keep in mind that the other tax rate - the investmen...