|The basic approaches to retirement income management are:|
|If||I know my retirement spending needs.||I know my planning horizon,|
|Then||When will my savings run out?||What is my maximum disposable income?|
|What||We suggest FIRECalc.com.||You have come to the right place.|
Withdrawals from your Tax-deferred retirement savings account (401K, IRA, SEP, etc.) and other sources of income (Social Security income, pensions, etc.) are subject to the Federal progressive personal income tax. The order and magnitude in which you make withdrawals from your Tax-deferred, Roth IRA, and After-tax accounts affects your total retirement disposable income.
The Optimal Retirement Planner (ORP) computes your tax-efficient schedule of retirement savings withdrawals for your entire planned retirement.
The essential ORP narrative:
- Asks for your facts, in thousands of dollars ($000):
To change these assumptions, go to ORP's input-parameter long form.
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