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Use this Question Forum to ask questions about how the software works, how to model different "what if" cases, or other user-related question. If you have a support issue (something seems to be wrong with the software) then please create a support ticket. How to browse this forum: SCROLL and click titles to read complete question/answer, use the FILTERS below, pick from TOPICS on the list at right (think of them as folders), use the SEARCH BOX (see also "advanced search" when you use it), choose from RECENT COMMENTS at the right below.

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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.

Why is the treatment of the first year retirement account balance calculation inconsistent with following years in the "detailed retirement accounts report"?

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.

I have been a member of for over 5 yrs. I've been using your ESPlannerPlus software. I really like it. My wife and I are thinking that it would be good to try out your "Maximize My Living Standard" service.

Does a list exist for what is defined as non-discretionary spending? I am wanting to compare my real life discretionary spending against what ESPlanner calculates, but I need to be able to subtract out my non-discretionary spending first. Thank you

Suddenly, all my profiles except 1 will not run. After starting Create a Report the following window opens "espbasic.exe has stopped working..." the program then quits and adobe acrobat opens but the report shows "results Missing"
Should I reinstall 2.34.1?

My employer pays the premiums for the first $200k on life insurance and then I pay approx $2k/year for an additional $150k of insurance.

I plan to retire in approx 3 years and want to model refinancing my mortgage at that time (after having made extra payments during those years). I don't see how to do that in ESP.

Will ESPlanner offer a web-based version of ESPlanner ($149 version)? If yes, when will this product be available for purchase?

How do you model 1031 Exchanges on real estate? I have a property that I will be selling next year and purchasing a new property with and the program is currently estimating taxes on the sales price.

I've entered my regular assets and they are showing up correctly on the "Inputs and Assumptions" page. However, on the net worth and Regular Assets reports (under "Suggestions") they are shown as being 28% lower.

I have found that if I set the borrowing constraint to $50,000, that ESPlanner is unable to provide a Lifetime Smooth Consumption Amount. Instead, it provides four very different Smooth Consumption Amounts for 4 distinct periods (e.g., 2016-2021, 2022-2025, and 2016-2027, 2028 and later).

I sold my primary home in 2015, and am living in my vacation home full time for the next 3-5 years.

I plan to buy a new Primary Home in 2021.

Here’s how I modeled this in ESPlanner:

The ESPlanner manual says on page 5 that you can customize the software by using the HELP drop down menu, choosing Customize, and entering global program settings. When I go to Help, there is no option to choose Customize.

I have a Cash Balance Plan defined benefit pension. It's defined contribution by the employer while employed, then the balance is available to me as a defined benefit at retirement. The cash balance can be used to purchase an annuity or taken as a lump sum and rolled over to an IRA.

I am adding a sunroom to my home this year. Is that a special withdrawal or a special expenditure or both? The special expenditure to detail the expense and the special withdrawal to pay for it?

What I have concluded is that the Basic version (at least) does not calculate life insurance correctly in situations in which credit constraints make it so that the standard of living cannot be fully smoothed over the lifetime (either in the actual results or in a survivor scenario).

ESPanner's "Guide" for the "Estate" tab says the following:

I understand that the recommended life insurance is to allow the survivor to maintain the same living standard if a spouse dies before the end-of-life date set in the program.