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Firecalc - Total portfolio question
Old 06-19-2013, 06:30 PM   #1
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Firecalc - Total portfolio question

Over 60% of my portfolio is in my tax deferred accounts. Let's say my total portfolio is 1M, what am I supposed to enter for the portfolio column on the "Start Here" page?
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Old 06-19-2013, 06:47 PM   #2
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You enter 1M. Firecalc doesn't take into account the tax consequence differences between withdrawing from a taxable or tax-deferred account. You'll have to figure out the taxes yourself.
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Old 06-19-2013, 06:47 PM   #3
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$1M. Firecalc does not do anything with taxes, you need to do that on your own as part of your expenses.

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Old 06-20-2013, 12:12 PM   #4
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Try i-orp to see tax impacts.
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Old 06-20-2013, 01:39 PM   #5
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Thank you all for your help!

Gotadimiple,

I will definitely try i-orp.
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Old 06-20-2013, 02:13 PM   #6
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The Fidelity planner also includes taxes and is very good.
https://www.fidelity.com/calculators...income-planner
I think you can use without being a customer - not sure on that count...
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Old 06-20-2013, 02:52 PM   #7
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Quote:
Originally Posted by smileydog View Post
The Fidelity planner also includes taxes and is very good.
https://www.fidelity.com/calculators...income-planner
I think you can use without being a customer - not sure on that count...


You have to register with them but you don't need to have an account with them. That way, when you log back in it doesn't lose all your previous inputs.
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Old 06-20-2013, 02:56 PM   #8
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Thank you very much on Fidelity. I do have an account there, and I use it every so often in conjuction with other planners (Vanguard and Firecalc) sometimes with different scenarios (changing the retirement year, etc) - I'd say both fidelity and vanguard are pretty comprehensive.
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Old 06-20-2013, 06:37 PM   #9
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Thank you very much on Fidelity. I do have an account there, and I use it every so often in conjuction with other planners (Vanguard and Firecalc) sometimes with different scenarios (changing the retirement year, etc) - I'd say both fidelity and vanguard are pretty comprehensive.
Vanguard has a comprehensive planner? Are you referring to FINANCIAL ENGINES or does Vanguard have something else?

Thanks
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Old 06-20-2013, 06:59 PM   #10
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Vanguard has a comprehensive planner? Are you referring to FINANCIAL ENGINES or does Vanguard have something else?

Thanks
Sorry, I meant the financial engines that take you out of VG, but you can get there from VG...
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