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Old 03-25-2018, 07:45 AM   #21
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Interesting bUU.... we found something that we cold agree on... who'd have thunk it.
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Old 03-25-2018, 01:26 PM   #22
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I just remembered another path I had found on this ER forum. It is an extremely detailed spreadsheet that seems to be supported and frequently updated from the Bogleheads forum. Here's a link to the overview and it has a link to download the free spreadsheet:

https://www.bogleheads.org/forum/viewtopic.php?t=97352
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Old 03-25-2018, 06:21 PM   #23
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I pre-plan my taxes (Roth conversions and quarterly payments) in detail each year taxes using Intuit taxcaster or a planning xls like: https://sites.google.com/site/excel1...er-new-tax-law

As for how the tax optimized (love 0% LTCG) plan evolves over the years, I currently only have a simple xlsx for tracking the shrinking qualified accts.

At different times, it's very helpful to use the online tools.
Maybe you could use round numbers and browser private mode or a VPN, maybe opera browser...
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Old 03-25-2018, 08:24 PM   #24
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Quote:
Originally Posted by CDRE View Post
I just remembered another path I had found on this ER forum. It is an extremely detailed spreadsheet that seems to be supported and frequently updated from the Bogleheads forum. Here's a link to the overview and it has a link to download the free spreadsheet:

https://www.bogleheads.org/forum/viewtopic.php?t=97352
I've been reading this thread because I have the same question - how best to withdraw money given that I have most of my money in tax deferred accounts and all the variables that go along with the withdraw with an eye on reducing taxes. The tread and the spread sheet show that this is a pretty complex analysis and it is also a very important thing to understand. I'll do my best to absorb it. Thanks all for the information.

For my rant, it is this: I go to the FA (Fidelity) and they want to charge me about 1% (which on my $2M is $20K/year) for what I can tell is to handle my portfolio. I find this no more complicated than figuring out a comfort level for an asset allocation and managing it (rebalancing it) on a regular basis. Something I can do. Then I ask them about taxes and an analysis on a withdraw scenario and they have a blank stare. I would be much more willing to pay them to handle the withdraw function in a tax beneficial manner - something I understand but find it hard to do and which will take more time than I care to commit. I think this has much more potential to get screwed up than managing my asset allocation. And, in doing so, cost some real money. My simple example is riding the 12% tax bracket and then realizing you have a large one time expense - like a roof. Well, if not planned correctly, that roof can cost an extra 10% (going from 12% to 22%). Thanks to this forum, I learned and obtained a HELOC to give me some flexibility. It just seems like this is an area that some professional help, coordinated with your FA would be worth spending a bit of money on and again, all I got is a blank stare from Fidelity. If I was going to hand over my money to a full service advisor, they would certainly have to have a very good handle on this topic.
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Old 03-26-2018, 03:26 PM   #25
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I know people refer to I-orp.org but I understand that has its faults as well.

Any of these "calculators' will have different attributes and assumptions. I really find building my own spreadsheet is worth the $20,000 I would have to spend on someone else doing the same thing.

I understand saving is the easy part. Figuring out how to spend it is the hard part yeah?
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