Does ESP consider the effects of required minimum distributions from IRA accounts in the family's retirement years? This is important in my case since the RMD will force taxable income to occur even though there are after tax assets that could be used to meet living expenses.
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Yes, ESPlanner uses the required minimum distribution appropriately.
Best,
Dick Munroe
What does it do with them? E.G. I notice that there is no dissavings at age 70.5 in one plan. Where do the RMDs go?
RMDs show up as draws on the retirement accounts.
Best,
Dick Munroe