other expenses
Posted: Wed Apr 13, 2016 5:03 pm
I am new to the Forum and to this tool. I read your documentation and followed the guidance for adjusting spending levels by using the other expenses in the additional input section. I am planning to retire this year so my portfolio is basic and only includes a tax deferred portfolio value. I calculated my yearly required cash flow from my tax deferred portfolio in a separate spreadsheet that included all other income sources. When I entered the calculated yearly expenses (in my case changed 3 times over 30 years) and reviewed the detailed data, the data shows my initial expense in the first year and then shows it gradually decreasing over the 30 years. I want the number to be constant for 4 years and then drop down for another 6 years and then drop down again and hold constant till the end of life - 30 years.
I think I followed your instructions correctly but then again.. likely user error. Any common mistakes that can make this happen?
I think I followed your instructions correctly but then again.. likely user error. Any common mistakes that can make this happen?