I want to see the long term impact of decisions I am making. Is there a way to fool ESP into thinking it is 1/1/2018? I can estimate end of year account values based on what I know now and the decisions I am making
I would like one table that tells me and my wife, for my a given level of spending, the required smooth withdrawal rate and the effect on my assets over the time horizon. When I do this in Conventional Planning I get a huge level of spending in the current year.
I've been playing around with the conventional planning method. The guidance in ESPlanner says:
Why can't you choose 2014 (ie, current year)?
When I switch planning method from econ based to "conventional" and enter my discretionary spending target and starting year the created report uses smoothing to draw down my assets to zero upon reaching my inputted "starting year". Anybody have an idea?