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FRP longevity

Posted: Wed Nov 16, 2022 7:45 am
by klrjaa
Hi Jim
Great tool, have been using it for years and years.
Question, is there a succession plan for when/if you are no longer able to maintain the code?
If not, then an alternate approach might be to take anything that's hardcoded and requires periodic updates by you behind the scenes and make all that user enterable via another user input screen.
Something like that, thanks !!

Re: FRP longevity

Posted: Fri Dec 16, 2022 1:34 pm
by klrjaa
Geez Jim hope I didn't jinx anything thanks

Re: FRP longevity

Posted: Fri Dec 16, 2022 3:15 pm
by jimr
Sorry, I must have missed your earlier question.

The short answer is that I don't have much of a succession plan in place. I vaguely plan to eventually open source the code. but I'm not ready to go that route yet. That's the sort of thing I'm envisioning at some point over the next 5-10 years.

In terms of keeping up with changes and user inputs, there isn't much that can't be overridden. The main thing I've changed recently to keep up with US law changes were the RMD start age and life expectancy table. I made the RMD start age user configurable and the last time the life expectancy table was changed before the most recent one was many many years ago. So I don't expect it to be an issue in the foreseeable future.

Things like tax rates, inflation, and portfolio returns are already fully customizable, so there shouldn't be any issues with that stuff.

Jim

Re: FRP longevity

Posted: Thu Dec 22, 2022 12:01 pm
by klrjaa
thanks Jim for the response, sounds good