Initial Withdrawal is greater than Stable Annual Spend

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MichaelRpdx
Posts: 2
Joined: Thu Sep 15, 2016 3:53 pm

Initial Withdrawal is greater than Stable Annual Spend

Post by MichaelRpdx »

When I define an Annual Retirement Spending, Specify Stable, and do not have a goal seek defined why does (or might) FRP show an Initial Withdrawal greater than the ARS?

jimr
Posts: 606
Joined: Thu Feb 28, 2008 6:48 pm

Re: Initial Withdrawal is greater than Stable Annual Spend

Post by jimr »

The initial withdrawal shown includes taxes due on any part of the withdrawal that comes out of tax deferred accounts.

If you click on the Detailed View tab, then click the 'Show More Detail' radio button on the top right of the that window, you can get more details on this that will hopefully make it clear.

MichaelRpdx
Posts: 2
Joined: Thu Sep 15, 2016 3:53 pm

Re: Initial Withdrawal is greater than Stable Annual Spend

Post by MichaelRpdx »

Thank you. Just as you said, My specified spending included income and property taxes. I live in a no sales tax state.
However, the details show at age 70 my tax bill dropping to zero - except for the taxes on the RMD.
Some mystery source is funding deposits to my taxable account too.

Lots of digging to do.

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