Flexible Retirement Planner Support Forum

How can I set up a custom withdrawal order? I cannot find a pre-set that fits my scenario. Here's what I'm trying to accomplish:

I intend to live primarily off dividends, with minimal asset sales, and would like to delay any liquidation of assets, regardless of account type (taxable, IRA, Roth, HSA, etc) as far as possible. Most of my dividend income will come from my taxable account, but some of it will also come from our IRAs and Roth IRAs. I've set Retirement Income with a number that represents the dividend income generated from my taxable account, which is about half the number in the Annual Retirement Spending, but I don't see where/how I can set an input to represent the dividend income from our IRA and Roth IRAs.

The four choices in the settings for withdrawal order don't represent our scenario, since we'll be pulling from 3 different account types at once, but we'll only be pulling dividends, and not liquidating assets to generate income. Ideally there would be a fifth custom withdrawal option that allowed me to specify what percentage I'm withdrawing from each type of account in dividend income and asset sales, in addition to the order of withdrawals currently offered.

How can I set a withdrawal strategy that allows me to pull dividend income from taxable, IRA and Roth IRA at retirement? Will a fifth withdrawal option ever be added that allows me to do this, or is there some other way to accomplish this in the current version (v4.04.02) of the app?

Thank you.

Unfortunately this isn't something that the planner can easily support and it's not something that's likely to be added in the future.

I haven't done a check of the competition in a while, but maybe there's another retirement planner that would be a better fit, given what you're trying to do.

would it be possible to add a "proportional" option such that a person withdraws assets from all their accounts each year in proportion to their overall retirement savings?

This request would certainly be theoretically possible to implement, but to be honest it'd be a somewhat narly rewrite at the heart of the simulation withdrawal logic and at this point in the product's lifecycle, I'm not too keen on messing with that part of the code and risking introducing bugs.

Ok. Thanks for the reply. I know there is some evidence to support a Proportional retirement withdrawal strategy vs a traditional "1 account at a time" method (see link below) for increased tax efficiency, but I understand your concern.

https://www.fidelity.com/viewpoints/ret ... ithdrawals