J&L Financial Planner

mark · 03-27-2005, 02:31 PM

http://www.jlplanner.com/

I have used the professional version of this planner, and it seems to be pretty good. Allows for the most complex scenarios I have seen.
Runs monte carlo and also random historical simulations.
Has a definite learning curve to it, though.
Anyone else used it?

RockMiner · 03-29-2005, 06:15 AM

It looks pretty complete. Does it allow planning for the effect of income taxes as one transitions from living on post-tax savings to taxable IRA distributions and SS benefits?

Will it help with a plan for Roth conversions?

These may be obvious questions, but I'm not a financial guy. :P

cute fuzzy bunny · 03-29-2005, 09:10 AM

ORP does give a lot of details on which pools to draw from at retirement, but I dont remember if or how it deals with tax transitions.

Havent looked at this one yet. Monte Carlo simulators are interesting but the output of them is only of real use for comparing different portfolio mixes and getting worst case numbers...they're not particularly realistic for testing the validity or survivability of an ER portfolio.

mark · 03-29-2005, 02:01 PM

Does it allow planning for the effect of income taxes as one transitions from living on post-tax savings to taxable IRA distributions and SS benefits?

I belive so.

Don't know about Roth IRA conversion.

03-27-2005, 02:31 PM	#1
mark Recycles dryer sheets Join Date: Mar 2005 Posts: 57	J&L Financial Planner http://www.jlplanner.com/ I have used the professional version of this planner, and it seems to be pretty good. Allows for the most complex scenarios I have seen. Runs monte carlo and also random historical simulations. Has a definite learning curve to it, though. Anyone else used it?

03-29-2005, 06:15 AM	#2
RockMiner Recycles dryer sheets Join Date: Oct 2004 Posts: 214	Re: J&L Financial Planner It looks pretty complete. Does it allow planning for the effect of income taxes as one transitions from living on post-tax savings to taxable IRA distributions and SS benefits? Will it help with a plan for Roth conversions? These may be obvious questions, but I'm not a financial guy. :P

03-29-2005, 09:10 AM	#3
cute fuzzy bunny Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: Dec 2003 Location: Losing my whump Posts: 22,527	Re: J&L Financial Planner ORP does give a lot of details on which pools to draw from at retirement, but I dont remember if or how it deals with tax transitions. Havent looked at this one yet. Monte Carlo simulators are interesting but the output of them is only of real use for comparing different portfolio mixes and getting worst case numbers...they're not particularly realistic for testing the validity or survivability of an ER portfolio. __________________ Many an optimist has become rich by buying out a pessimist

03-29-2005, 02:01 PM	#4
mark Recycles dryer sheets Join Date: Mar 2005 Posts: 57	Re: J&L Financial Planner Does it allow planning for the effect of income taxes as one transitions from living on post-tax savings to taxable IRA distributions and SS benefits? I belive so. Don't know about Roth IRA conversion.

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