Your reports are clear about the annuity/ social security and retirement fund withdrawals, but I don't see where the annual withdrawals from regular assets is stated. In my report the (savings) from the Regular Assets report is not equal to this number.
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I want to model my stock/bond ratio changing over time. E.g. I start off with 70/30 and expect to end with 0/100. I model this by using Monte Carlo and creating a portfolio for each decade or so with the set stock/bond ratio for that decade.
Why can't you choose 2014 (ie, current year)?
It looks to me like your search function does not search the text, but only the topics. Try searching for "inflation" I got a blank screen with that and other common terms.
I understand how to model a single year IRA to Roth-IRA conversion:
According to Larry's most recent PBS article on Social Security, Mike has found some very specific circumstances where you can get one extra month of Social Security benefits. I'm assuming this will be available in a future release.
I am a home user of ES Planner. Can the program or profile be password protected? I searched the forums and have been unable to find an answer. I need to take my laptop to the computer shop and want to keep the information private. Thanks for the help.
I tried to set it up to tell me how much my wife and I can spend if we want to leave each of our 2 kids $1M each out of a current estate of $3m -- we would spend less to do that, live off of SSA and pensions, etc, to preserve the $2m.
I've recently tried funding (modeled as being funded in 2014) the Reserve Fund and noticed that the Consumption column now has a 14% step increase on the 10th year of the resulting Total Spending page.
I've been using ESPlus for almost 2 years and I have a question concerning how one should periodically update the program with actual asset performance.
Currently ESPlanner grows social security benefits for those already collecting by the inflation rate entered in Assumptions. The actual increase of benefits has been less than inflation - even the default 3% - by a sizable percentage for years.
I’d like to model an adjustable rate mortgage refinancing and need guidance.
When I switch planning method from econ based to "conventional" and enter my discretionary spending target and starting year the created report uses smoothing to draw down my assets to zero upon reaching my inputted "starting year". Anybody have an idea?
How does ESPlanner handle retirement account required minimum withdrawls (RMW)? Are these accounted for? If not, how can they be accounted for in ESPlanner?
ESPlanner's life insurance recommendations continue to baffle me. I occasionally ignore them because I can't always explain them.
Is it possible to run this program on a MAC or use it as a web based program on my MAC?
Can you share the software release roadmap for the next six months/year? What are you working on, what's coming? (Besides the usual yearly updates to SS, COLA, inflation, etc.) Thanks.
A portion of my wife and I's state income taxes is exempt from tax income taxes. How do we account for that within ESPLanner?
With the growth of Roth IRAs/Roth 401ks, should these be broken out (displayed) in the reports? Perhaps these could be labeled "tax-sheltered retirement accounts" and "Roth retirement accounts" (or assets or something similar).