Simulation setup - force it to use savings when market goes negative - How?
Posted: Wed Sep 19, 2018 10:26 am
OK, here is a scenario that I want to explore.
Let's assume that I have a savings account (taxed) that during down years on the simulation where the market goes negative I force the simulation to pull money out of a savings account to make up for the missing 401(k) funds that I would normally use and not withdraw from the 401(k) until the market recovered. I would do this until the savings is depleted and then just take the hits on the 401(k).
Is there a way to set that scenario up?
Thanks
Herb
Let's assume that I have a savings account (taxed) that during down years on the simulation where the market goes negative I force the simulation to pull money out of a savings account to make up for the missing 401(k) funds that I would normally use and not withdraw from the 401(k) until the market recovered. I would do this until the savings is depleted and then just take the hits on the 401(k).
Is there a way to set that scenario up?
Thanks
Herb