Withdrawals option
Posted: Fri Nov 09, 2018 12:46 pm
First, thank you very much for creating this and your generous licensing.
I have been able to accomplish almost everything I want, with one exception.
We use what is commonly called the 10 year rule, where assets likely to be needed for expenses are placed in fixed equities (bonds, T-bills, etc) which can be taxable at different rates or even tax free (State munis). The goal is to use these assets first, both the income as well as the principle, spending the lowest net taxable items first. Once those are exhausted, it then withdraws from taxable, tax-free then tax deferred.
While I can enter the equities under additional inputs, the options under settings for order of withdrawals only allows two options. Is there a way to specify that I want to 'spend these first' or an order other than the the two under 'Configure the order for portfolio withdrawals and RMDs'?
I have been able to accomplish almost everything I want, with one exception.
We use what is commonly called the 10 year rule, where assets likely to be needed for expenses are placed in fixed equities (bonds, T-bills, etc) which can be taxable at different rates or even tax free (State munis). The goal is to use these assets first, both the income as well as the principle, spending the lowest net taxable items first. Once those are exhausted, it then withdraws from taxable, tax-free then tax deferred.
While I can enter the equities under additional inputs, the options under settings for order of withdrawals only allows two options. Is there a way to specify that I want to 'spend these first' or an order other than the the two under 'Configure the order for portfolio withdrawals and RMDs'?