The 3 Ages of Retirement Planning
YoungThe power of compounding and the cost of delay.
Pre Retirement How much will I have available to spend in retirement?
Retired In what order do I withdraw from my retirement savings accounts?
If and when do I do partial IRA to Roth IRA rollovers?
Click on parameter titles for help.
(Default values in parentheses.)

Your Age Spouse's Age

Retirement Accounts
Retiree Spouse
Tax-deferred Account Current Balance $000
Tax-deferred Account Maximum Annual Contributions $000

Roth IRA Current Balance $000
Roth IRA Maximum Annual Contributions $000

After-tax Account Current Balance $000
Maximum Annual Contribution of All Types $000

Illiquid Assets
Home Other
Asset Value - Home, Business, Investment Property, etc. $000
Cost Basis - Price Originally Paid, for Tax Purposes. $000
Mortgage or Loan - Unpaid principle balance. $000
Age to Sell - Convert illiquid asset to liquid asset. Age

Reverse Mortgage
Age to Start Reverse Mortgage Distribution Age
Lifetime Income Plan Annual Payments $000
Lump Sum Distribution $000

Annual Retirement Income
Retiree Spouse
Social Security Benefits $000
Age to Begin Social Security (Claim and Suspend Option) Age

Pension and Other Income, Adjusted for Inflation

$000
Pension and Other Income, not Adjusted for Inflation $000
Age to Begin Pension (Retirement Age) Age
Pension Survivors Benefit (None) %

Earned Income - Part time and Otherwise $000
Age to End Earned Income - After Retirement Age. Age

Retirement Plans
Retiree Spouse
Anticipated Retirement Ages (65) Age
Life Expectancy (92) Age
Amount of Desired Estate in current dollars ($10,000) $000
Disable Tax-deferred to Roth IRA Transfers. Check to Disable
Reality Retirement Planning Spend it while you still can. Check to Apply

Glide Path
Stock Investments Annual Return (6%) %
Fixed Income Yields (3%) %
Percent of savings invested in stocks at retirement. (100%) %
Percent of savings invested In stocks at plan end. (100%) %

Inflation
Income Spending
Inflation Rate (2.5%) %

Taxes
After-tax Account Estimated Federal Tax Rate (15%) %
Current Marginal Federal Income Tax Level (15%) %
Current Marginal State Income Tax Level %
Retirement State Income Tax Deductions & Exemptions $000
Retirement State Income Tax Rate: %
Social Security Exemption From State Income Taxes. (Taxed) $000
Pension Income Exemption From State Income Taxes. (Taxed) $000


Scenario Description:

Monte Carlo Risk Assessment.

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9/9/2014: ORP was changed to modify cost row scaling in an attempt to control numeric instability in Monte Carlo models. This change could potentially effect regular models as well. Messing around with linear programming scaling is problematic at best.
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