required minimum distributions
I have been using ESP to study some retirement scenarios having just the required minimum distribution from my retirement accounts. To do this, I set the “% … of assets to be spent” input on the smooth withdrawals tab to 0 or some low value. This seems to work well except for the Monte Carlo, which gives rather anomalous results. Is there a better way to accomplish this that would give Monte Carlo performance more in line with that obtained using uniform withdrawals from the retirement accounts? Also, some of the funds in my accounts do not have to be considered when calculating the required minimum distribution until age 75. Is there any way to get ESP to include this?