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Very nice, I had missed that. Took some work to set up, but does allow the detail to be added. Have to calculate the expense types separately, but the study on spending as we age does have that breakdown.

I'd have to agree with you. I looked over the numbers and results and the actual results appear to be accurate but the spreadsheet appears incorrect. But being able to review a spreadsheet helps me establish my trust that the tool is doing what I want, so fixing it would be a very good thing...

Used it for years, so yeah, I did get the box checked right. Just did the same thing and the numbers do come out differently. The spreadsheet that it exports for 1960 is hosed up though. The top section numbers are correct I think but the pension adjustment shows up as inflation adjusted in...

I put in a fixed pension, by entering the dollar value as pension income and unchecking the inflation adjusted box. When I run the model and look at the spreadsheet data, the adjustment is being adjusted for inflation. Seems broken to me.

Firecalc ignores pension Looks like I just tripped over the same thing. Pension and other adjustments are now quietly ignored if 2010 is the starting year, just like SS. I can hypothesize that old years are invalid because inflation adjustments would need to be made to the numbers, causing a...

Either the members jointly manage the LLC or they appoint a manager to do it. I searched around the web for a better description and from http://www.businesspowerlaw.com/13/605 : Generally, the operating agreement for a "Manager-Managed LLC" - in which one or more managers have all operating...

Caseynshan, Vicky - Are you referring to a commercial or personal umbrella policy. One "cost" of my holding property in an LLC is that I have both. The personal one does except business related items. Wayne

Yes, he does seem to quote/excerpt a lot. And sometimes I swear I read what he wrote somewhere else....But since I don't read a lot of financial stuff, and since his newsletter is light reading..... It usually give me a topic to think more about, and I usually find something new to followup on...

Re: real estate purchase and tax implications ques Two comments: First, be sure to claim the depreciation. The way it works is that you must deduct the greater of any depreciation claimed or that you were eligible to claim from the basis when you sell it. I believe there is a seperate way to...

Good site! they even have retirement gifts for those that fail to get out early! http://www.despair.com/retirement.html

It's on retirement again this week. He echoes comments made here about not enough workers to support retirees. See http://www.2000wave.com/article.asp?id=mwo021105

I knew several people where I used to work, who put too high a percentage of assets in the company stock. A double no-no as far as I am concerned. There savings took a comperable percentage hit, or even did worse. Some ended up with <20% of what they started with. Stupid, ignorant...

The trick of changing the symbols each time will catch a lot of people. Neat trick that couldn't be done with a paper chart as easily!

Sounds like one of those who invested in company stock....and watched it tank.

Yes, I agree with statements. I do think that Gummy had some spreadsheets which modelled variations like this, including a % of extras strategy. I think one of them included the percent of portfolio method. In anycase, the seperate pots is so that you can spend one, i.e. failure of the pot is in...

I think we have seen this in the past on various studies also. Over a 10 or 20 year period, the portfolio dropped below the inflation adjusted beginning value. Over longer time frames, the portfolio recovered to exceed the inflation adjusted beginning value. Wayne

I think that another way of looking at what you are modelling can be done by looking at a split portfolio. Portfolio Core is funded with enough money to have the desired survival characteristics (30 yr, 95%, or longer/higher) for the desired basic standard of living. The remaining money is in...

Martha - You may also want to check out whatever brokerage your DH uses. They may have an online view that you may like. Some places even have a varient of a "total view" system where they will access other accounts and present the full picture. Wayne

BUM - Thanks for the inspiration. I have been wanting a "project" to learn perl/web tools, and your post made me think of one. I'm going to play with writing a spider/scraper to pull info from my financial web sites. Not sure of details or what can be done, but something to play with. Just an...

BTW: For the free trial for Money, see http://www.microsoft.com/money/freetrial_info.mspx I'm not thrilled with it yet, but am giving it some time. I find the navagation more of a pain than with quicken. Quicken let me keep "tabs" open for easy access to certain pages, and after using a browser...

I use quicken for investment tracking, but not for everyday expenses. Fidelity updates to quicken are usually good, but some entries need tweaking at times. Overall, I find it easy to use, but the ad bar and quicken's alerts are annoying. I have quicken 2002, and with their recent sunset policy...

Trampolines are another thing. A friend had theirs blow over a fence in a windstorm, and had a damage claim. The insurance company then sent them a letter telling them their insurance would not be renewed if they kept the trampoline, and had to send a letter indicating it had been taken down.

LLC's are cheap, and easy to set up. In Colorado, the DIY fee is $50 to the state, and $0.99 renewal per year. It does vary by state, and if multiple state become involved, a legal opinion on where to file may be warented. I got a book from the library to read about them - It was a NOLO series...

You have to understand what is meant by risk, and pick your own mix. One thing I recently tried to get a second opinion was to take the risk assesment survey at http://www.ifa.com/. You have to register, but I did not get excessive followup calls or email. For me, it came back within 5 points...

Martha - For pretend retirement, you need to be sure the taxes are the taxes on $36000, not including your year end bonus. Also, 401k withholding is not a valid retirement expense. So be careful to treat yourself fairly in the experiment! Wayne