Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Doesn't FIRECALC need your tax deferred %?
Old 10-31-2012, 08:34 PM   #1
Confused about dryer sheets
 
Join Date: Apr 2012
Location: Greater Nashville
Posts: 4
Doesn't FIRECALC need your tax deferred %?

New user...why don't I have to break my portfolio value down into tax deferred (401k/ Roth) and "after tax" accounts...won't that impact my results. For ex. If I have to tap tax deferred before 591/2...I will have to include a penalty and could spend that..,.,just curious.
__________________

__________________
fjfino is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 10-31-2012, 08:36 PM   #2
Confused about dryer sheets
 
Join Date: Apr 2012
Location: Greater Nashville
Posts: 4
Quote:
Originally Posted by fjfino
New user...why don't I have to break my portfolio value down into tax deferred (401k/ Roth) and "after tax" accounts...won't that impact my results. For ex. If I have to tap tax deferred before 591/2...I will have to include a penalty and could spend that..,.,just curious.
Correction..."and could NOT spend that.,,
__________________

__________________
fjfino is offline   Reply With Quote
Old 10-31-2012, 08:37 PM   #3
Moderator
Alan's Avatar
 
Join Date: Jul 2005
Location: Eee Bah Gum
Posts: 21,093
FIRECALC doesn't account for any taxes - that is up to you to estimate.

A calculator that does take into account taxes is i-ORP.

http://www.i-orp.com/
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Now it's adventure before dementia
Alan is offline   Reply With Quote
Old 10-31-2012, 08:47 PM   #4
Confused about dryer sheets
 
Join Date: Apr 2012
Location: Greater Nashville
Posts: 4
Ok..that would explain it...
Thanks.
__________________
fjfino is offline   Reply With Quote
Old 11-01-2012, 07:07 AM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
donheff's Avatar
 
Join Date: Feb 2006
Location: Washington, DC
Posts: 8,643
Yup, your individual taxes don't effect what your portfolio generates just what you get to spend from it. It is much easier and a lot more accurate to run personal scenarios in Turbo Tax than to try to account for the impact of taxes in the retirement calculator software.
__________________
Every man is, or hopes to be, an Idler. -- Samuel Johnson
donheff is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Allocating tax deferred funds - a quick question seraphim FIRE and Money 8 03-29-2012 07:28 AM
9-9-9 tax plan: Good for ER types? samclem FIRE Related Public Policy 73 10-07-2011 03:28 PM
How to properly identify a vested deferred defined benefit pension in FIRECalc? nico08 FIRE and Money 2 09-25-2011 08:51 PM
taxable or tax deferred ripper1 FIRE and Money 10 07-24-2011 10:00 PM

 

 
All times are GMT -6. The time now is 09:14 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.