Flexible Retirement Planner Support Forum

Happy New Years, everyone.

Is there a best practice to starting a new year in FRP? I'll copy previous file to a 2021 version, just in case, but then I'm guessing about what to change. Some things are obvious (I hope):
- Current Age will go up by 1 year.
- Taxable, Tax Deferred and Tax Free portfolio values change.
- Review Additional Inputs for changes, deletion, etc.

Anything else I should consider changing or reviewing?

That seems like a good list to me.

The new year might also be a good time to do a recheck on all your other plan inputs as well as the assumptions behind them.

For some people, estimates for expected inflation rate, portfolio return & std dev, and tax rates might stay the same from year-to-year, but it wouldn't hurt to revisit the justifications behind each input, just as a check.