I'm considering a CRUT but am not sure how to handle the income. For withdrawals I'm experimenting with using Special Receipts dividing what could be received into ordinary income and capital gains and dividend components.
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Can someone explain (or provide a reference where the doco explains) how to interpret the portfolio characteristics in the Monte Carlo reports? The mean and median returns are obvious but the ratio and beta are not, in light of the footnotes.
ESP recommends life insurance for me in the future but not now. The recommendation is that I have insurance coverage starting in 2025, when I start drawing SS at 70, through age 99 in 2054. The peak amount is about 100K in 2029, age 74.
I am currently 68 years old and am working. I will not receive SS benefits until I'm 70 1/2. I know that amount because I was told it when my wife began receiving spousal benefits.
Granted, I am 13 years older than her; but basically we want to leave everything to each other. Is there is some assumption input that maybe I have entered that is causing this?
For example, the case study "Pay Off Your Mortgage" at http://www.esplanner.com/case-studies/pay-your-mortgage says "ESPlanner can also be used to consider gradually paying off your mortgage, but doing so more rapidly than orig
I may have asked this before but don't remember the answer and can't find it here. The topic may help other users, anyway.
I've used E$Planer for several years, but just setup contingent planning for the first time. My spouse and I are just past our mid-fifties and she's currently out of the work force.
ESPlannerPro is telling me that our living standard per adult now (I am 56, my wife is 62) should be about $29,000 per year. When we are both retired, the recommendation is for over $72,000 per year. This make no sense to me.
According to the SSA, (http://www.ssa.gov/pubs/EN-05-10007.pdf) if you receive a pension from a federal, state or local government based on work where you did not pay Social Security taxes, your Social Security spouse’s or widow’s or widower’s
I've checked through the forum and have ask specifically on this issue, but still can't figure how to account for a Capital Loss Carryover. As an example, let say your Regular Assets consists of $1M dollars of Mutual Funds throwing off $30K in annual income from Capital Gains and Dividends.
I would like to do some what-if scenarios such as "what-if I don't have a pension." I'd like to do this without erasing any data, thus the reason to create a new profile and erase some data from it to see the result.
If you have a Roth 401k and a regular Roth IRA, do you just sum them and put the total in the Roth IRA field? (Assuming that's correct, I suggest re-labeling the field and report column to Roth IRA/401k.) Thanks!
In my reports Details>Taxes page, FICA taxes appear after my wife and I turn 70. We will have no income from labor (last labor earnings entry was for 2011), just from investments, pensions and social security. What is meaning of the FICA entries?
After using the online SS calculator, I put the results in ESP. We changed from my spouse taking SS at 66 and me taking at 70 to both taking at 70 with my wife taking spousal at 67. We plan to retire in 2015 and I am 7 years older than my wife.
In the Monte Carlo reports, the portfolios are described in terms of returns and beta. The label is portfolio 1, portfolio 2, etc. Since the user can edit those labels, why not replace "portfolio 1" with whatever the user renamed it as?
Dan, if you enter a search term and find a message, the link for registered users to create a new question allows you to create a new one. If you enter a search term and get nothing, the link is gone. You have to back out to get to where you can add a new question.