Am I misunderstanding the calculations resulting from the value (Assets & Saving / Current Saving) "Less amount of asset income not reinvested" or is this a bug? When I enter a value ranging from 0 to 999 "Equals current saving" calculation seems correct; e.g., 16777 - 999 = 15778. But entering a value not reinvested over three digits returns wrong results; eg. 16777 - 2345 = 16775.
Just started using ESPlanner today, so this may be a stupid question. In the Assets and Savings, Current Savings tab, The Real Asset Income is pre-populated. Mine, for example is 1800. On the line for Net Contributions to Savings, etc accounts, if I put a 2 there, I get a total at the bottom of 1802. If I put a 20 there, I get a total of 1820. If I put a 200 there, I get a total of 2000. So far, so good. If I put a a 2000 in the Net Contributions line, however, I get a total of 1802. What's going on? What am I missing?
I ran Monte Carlo simulation and for the 2016 recommendations, it has Discretionary Spending (DS)at $115,251 and Current Amount of ($111,658), which also has to have an impact on Savings. How does the program calculate the current amount for DS since I have not entered any amounts for DS for the current year? Likewise the Recommended amount of Saving is ($140,715) and Current Amount is $85,410.
What items do I add up to determine Current savings?
Net take home pay -
net retirement contributions -
= what I save???????
In the Assets and Savings folder, Current Savings tab, the text refers to the 'coming year'. Does this mean the upcoming 12 months or does it mean the next calendar year?
1. On the Assets & Saving > Current Saving tab, in the Net contribtuions to saving field do I enter a negative number if I'm withdrawing funds for living expenses or leave it at 0?