I just completed all of my inputs and ran the basic report which made sense. then I updated my regular assets with a possible inheritance and the first year spending suddenly added over $2M in spending. Cannot find any entry or setting that seems wrong. Any ideas?
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I am trying to raise our standard of living and raise consumption prior retirement by taking withdrawls from our retirement accounts starting at age 59 1/2.
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i've just upgraded to ESPPlus. i've spent the last year learning the basic program and now feel confident that i understand the results. i made my first run with plus and i must say that the volume of results is overwhelming.
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Is there any information on setting up and using the ESPlanner Monti Carlo features. I'm looking for ESPlanner specifics.
I specified 7 annual roth conversions until I reach age 70 and I also specified that social security benefits would begin at age 66. The report correctly shows the first 3 conversions only. When I increase the social security claiming age to 70 then I get all the conversions.
I have a question about how this assumption works. When I
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Without changing anything else, when I lower the nominal rate of return on my regular assets (say from 6% to 4%), my smoothed standard living for adult (and thus discretionary spending) goes up! And the more I lower the nominal rate, the higher it goes up.
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My spouse and I are 60 and just retiring. Cash is especially important to us before taking SS at 70. At 62 I could get a reverse mortgage. I have an expensive home with high equity and a good sized mortgage.
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I now have access to my employers non-qualified deferred compensation program, and I'm struggling how to handle that in the planner. Let's say I defer $75,000 from my 2017 annual salary. The deferall occurs on a pre-tax basis.
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