How is Retirement Account Withdrawals Calculate

Submitted by doug@bieniek.us on Wed, 12/30/2020 - 13:37

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IRA Withdrawals

I'm working through the Excel sheets to better understand how each cell is calculated. I can track most of them back towards what I input or can rationally impute. I believe that Total Income must equal Total Spending. Retirement Account Withdrawals should then should be Total Income less any income sources (i.e. Non-Asset Income, etc.). However, this calculation does not match what is in the report.

Can someone explain how Retirement Account Withdrawals ARE calculated?

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dan royer's picture

dan royer

Wed, 12/30/2020 - 15:01

Actually Total Income - Total

Actually Total Income - Total Spending +/- Saving(withdraw) = 0

So retirement account withdraws are just a part of Total Income. See the Total Income report for the details that make up total income.

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