Assumptions

Assumptions > Taxes - What does Percentage change in taxes really mean?

Under Assumptions > Taxes:
Is the data item "Percentage change in taxes" expressed in points or pct? If my marginal rate is 35%, would a 2% value in this field take it to:
- 37% (ie - a 2-point increase) OR
- 35.7% (ie - a 2% increase)
I'm guessing the latter, but it would be nice if the explanation in the online help would clarify that.

Thanks,
Barry

Does the "Two can live as cheaply as ?" assumption refer to TOTAL spending?

I am trying to calculate the most accurate assumption to use in the "Two can live as cheaply as" field, using our (my husband and my) specific budget figures. However, I don't know whether the program assumes this figure applies to total spending, including "off the top" expenditures (like housing), or just discretionary consumption. Could you please clarify?

Annual Suggested Consumption Is Absurdly High. What did I do wrong?

Hi -- I just purchased ESPlanner yesterday, so today is my first day working it. In my first run, I used the Conventional Planning method, specifying the discretionary retirement spend to start in 2017, on the assumption that I retire at the end of 2016 and my wife retires at the end of March 2017. As the attached screen shot indicates, I got a very odd result for the years 2015 and 2016, namely that we should aim to spend over $1.4million each year, before settling down to our target expenditure of 'a mere' $180K per year.