As I've explored the effects of retirement acct withdrawals on taxes, it seems to me that the best plan (for me) might involve withdrawing from both my Roth and Traditional IRAs at the same time. Is this something that could be added?
Also, for the current method of serial withdrawal, I would like to see on the detailed report where the Traditional withdrawals end and the Roth begins. I think I can guess based on the taxes, but I'd like to be sure.
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You're not likely to see simultaneous withdrawals unless we can make the UI simple enough. The reporting is somewhat more likely but not at the moment. I've put it on our enhancement list.
Best,
Dick Munroe
An interesting article on this subject here:
http://www.twenty-first.com/pdf/Horan-Withdraw_Loc.pdf
Wow! This looks like a great article, but it's going to take some time (and a calculator) to crawl through it.
But it does support my thought - that concurrent withdrawals can have a significant effect on taxes, and therefore, consumption.
JF ... I agree with your request. I made a similar request last May. Search for "Retirement Account Withdrawal Order" if you want to read what was said then.