ESPlanner assumes that the value of the investments are as the beginning of the year.
In a year like this when all our investments went the opposite of the investment return assumptions, it would be nice to be able to use current values and have ESPlanner use those & calculate for the days left in the current calendar year & then use that as the starting value for the following year.
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cpereira at comcast.net wrote:ESPlanner assumes that the value of the investments are as the beginning of the year.
In a year like this when all our investments went the opposite of the investment return assumptions, it would be nice to be able to use current values and have ESPlanner use those & calculate for the days left in the current calendar year & then use that as the starting value for the following year.
Unfortunately ESPlanner's clock "ticks" at one year intervals so you're not likely to see this feature unless we go to a finer grained, e.g., monthly, clock.
If we could do this, we would though... It's a good idea.
Best,
Dick Munroe
p.s. You can always copy your profile (Save As) and enter the new numbers as the beginning of year numbers just to get a feel for what's happening. You should be able to use the Monte Carlo here to model this. It's been discussed elsewhere but all you need is a short term portfolio with large negative returns and you can go from there.
Best,
Dick Munroe