Recent content by engr

ForumOperator error I had logged into the early retirement and clicked on firecalc. I did not log into firecalc separately. Long story short I messed up. Thanks to all you individuals who took the time to help me out!

I definitely see the above “attached thumbnail” picture when I activate the Spending Model tab but only three radio buttons, not four. Is there a certain minimum donation that must be met first? I sent $20 for a donation and received an email confirming my donation. Does this need to go to an...

Still stuck Rodi, I am logged in. I see my username listed as an active user. After I log in I went directly to the Spend tab in firecalc and still only have 3 radial buttons showing. Do I have to complete the other tabs first?

Thanks for the update and a question Hi dory, This is ENGR. I submitted a small donation the other day. I thought I would gain access to the manual entry section under the Spending tab in Firecalc (the fourth radial button under the “percent of remaining portfolio” radial button). So far it...

Rodi, On my spending tab I only have three radial buttons. The last button is “percent of remaining portfolio” the firecalc I’m using is Firecalc3.0. Is this the latest version? Any other thoughts ? Thanks.

Hello, I made a small $20 donation to firecalc with the thought that I could use yearly manual entry of expenses. On one person’s post i saw that on the spending tab of firecalc there was a fourth button for selecting manual yearly expenses. The day after my donation I went on firecalc to try...

Hello all, Is there any way to model required minimum distributions on firecalc? I have a Traditional ira that I have been taking withdrawals to reduce the balance and also starting to do yearly conversions to a Roth IRA. I just turned 69 and only have until 72 when rmds start. I also have...

Thanks for the quick reply !

Hello all, Last year (2020) I started the beginnings of Roth conversions. Trying to reduce my traditional ira balance before rmds start in 4 years. I have also begun monthly withdrawals from the Ira to burn down the balance. I realize I’m discarding the interest within the retirement account...

I started reading a book “beating the new death tax” by James Lange,cpa/attorney. I’m interested in looking for possible new ways to structure my distributions in retirement to possibly be more tax efficient. I’m in the part of the book where he mentions that if I die first my traditional Ira...

I found my mistake — operator error When inputting my 1099r data I made a mistake on answering the questions following my input as stated my several members. My thanks to all who participated !!

hello, I have been making monthly withdrawals from a vanguard account that was rolled over from my company’s 401k account a few years ago. This December I decided to perform a Roth conversion (20k) from the same account .My intent was to reduce the Rmd amount when I turn 72 ( I’m presently 67)...

I later realized I had looked at the vanguard incorrectly. The 1099 div were for my taxable accounts totally my error. Thanks for all who responded!

Hello all, I received a 1099 div online form from vanguard I have a retirement account (traditional Ira) in which I have the dividends reinvested. From what I read those dividends do NOT have to be claimed as income on my 1040 taxes I take monthly withdrawals from this retirement account...

One of the conditions for safe harbor states if you paid 100% of your tax liability from the previous year you are safe from under estimating this years taxes. Does this mean that if I received a refund on last years federal taxes ( tax liability equal zero) that I will not be penalized if I...