For those doing tax/IRA withdrawal planning, there is a "feature" in the Fido bond cash flow tool where it does not include income from matured bonds.
While it shows cash flow for past months Jan-Sept, it only shows the income from bonds that are still active. Bonds that generated income say through June and then matured in July, will not show up in the cash flow tool at all. The Jan-June monthly totals will be short the income already generated by the bonds that matured in July.
So Fido's 2022 income projection will be off by the amount that any matured bonds contributed earlier in the year before those bonds matured.
IMO if the tool is going to show any bond income numbers for months already completed, it should show all the bond income.
Maybe this should be in the pet peeve thread instead, but I hate when projection tools don't agree with statements already in my file cabinet.
Ah well.
While it shows cash flow for past months Jan-Sept, it only shows the income from bonds that are still active. Bonds that generated income say through June and then matured in July, will not show up in the cash flow tool at all. The Jan-June monthly totals will be short the income already generated by the bonds that matured in July.
So Fido's 2022 income projection will be off by the amount that any matured bonds contributed earlier in the year before those bonds matured.
IMO if the tool is going to show any bond income numbers for months already completed, it should show all the bond income.
Maybe this should be in the pet peeve thread instead, but I hate when projection tools don't agree with statements already in my file cabinet.
Ah well.