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"?

Hello,
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

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?

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.

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 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 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.

We have been using ESPlanner for years trusting that it was accounting for the WEP calculation in our benefits. Our state pensions from non-covered employment are entered as "not covered" and our past covered earnings are accurate.

Now that I'm looking closer, I notice that the Social Security dollar amount declines over time. It appears to be doing it at compounded rate of -3.03%. Inflation is set at 3.1% in my ESP. I'm assuming this is because ESP expresses future amounts in real dollars.