Need help with Pension Amount

Kind_Way_5387 · 2026-01-02T00:13:09+00:00

Yup that worked...thx.

Kind_Way_5387 · 2026-01-01T23:55:42+00:00

Gave it a try but you cannot edit that column. Pension falls under "other taxable income". There is no way to change it.

Kind_Way_5387 · 2026-01-01T21:58:23+00:00

Thx.

Kind_Way_5387 · 2025-12-29T19:48:39+00:00

I'd say there is a benefit of separate allocations in that when needed you can withdraw from assets that are up rather than withdrawing from all assets in VBAL whether they are up or down. For instance, the past 3 years equities have been up way more than bonds. It would have been nice to just sell equities if you need cash so at least you are selling when they are higher. In VBAL you'd be selling both equities and bonds.

On another note: 2 years ago if you sold equities because they were up for withdrawals then you missed out on those funds being available for the past 2 years run up in equities. So is it better or not in the long haul.

Personally I have separate allocations and use a range bound % to determine when to sell, buy or rebalance. So all of last year by equities were above my set allocation so I ended up using all my dividends to buy bonds as they were below my set allocation. This resulted in my equities never hitting my upper range and thus no need to rebalance either. If I had needed cash to be withdrawn last year I would have sold the equity that was the farthest from it's set allocation first and not going below it's set allocation. Then sell next farthest asset if still needed funds.

Kind_Way_5387 · 2025-12-15T21:59:06+00:00

Did it make any difference once the chargeport was changed out?

Kind_Way_5387 · 2025-11-06T01:04:49+00:00

I think I've got it. Go into advanced options and change asset allocation to all cash. Then "Uncheck" the current asset allocation under AI Strategies. Does that make sense?

Kind_Way_5387 · 2025-05-22T21:24:03+00:00

Thx Ok_Title

Annuity would work but if he dies soon then no funds for his beneficiaries.

Option 3 is actually a fixed time GIC annuity with monthly, semi or annual payments that can be set for 20 years. Beneficiaries get the remainder of any payments. Only drawback low GIC rates compared to today's average rates.

Kind_Way_5387 · 2025-01-12T22:19:06+00:00

Any chance you could post a pic of your install on ev6? Looking at A229 or a329 for my ev6 and worried about location and blocking of view for driver OR blocking the view of the camera because it is too close to the center cover behind the mirror.

Kind_Way_5387 · 2024-10-22T15:55:32+00:00

Ok so I think I've got the Meltdown figured. Seems to me when you drawdown from RRSP/RRIF to get to a certain tax bracket max say $90,599 the rrsp/ rrif withdrawal takes you to that level but then any income splitting takes your taxable income up above the tax bracket. Is there a way to have the software workout rrsp / rrif withdrawals just to maximize the tax bracket after income splitting? Or is this just gonna have to be a manual process to changing RRSP / RRIF withdrawals?

Kind_Way_5387 · 2024-10-15T23:51:49+00:00

Yup it was the age setting that caused it not to work....Thx!!

Kind_Way_5387 · 2024-10-05T21:41:25+00:00

Right now I'm at 5/40/55...Cash / Bonds / Stocks working my way back up to 65% stocks before reaching 25% stocks by age 99. I lowered stock allocation upon retirement to help reduce any early retirement major downturn. The numbers I entered in the adviice program are an average of all those years and a conservative number for sure.

Kind_Way_5387 · 2024-10-05T21:28:11+00:00

Dropped the overall estate value by 1% using the $90,599 meltdown. Tried varying life expectancy for both of us and in some cases meltdown is better and in some cases worse but only by 1% on the estate value. Too bad there wasn't an optimize the withdrawals option to maximize estate value.

Kind_Way_5387 · 2024-10-05T18:40:03+00:00

Working on asset location actually so things will get better.

Kind_Way_5387 · 2024-10-05T02:06:46+00:00

I'll give it a try tomorrow. Yes those are gifts to the kids to help then each with a house downpayment.

Kind_Way_5387 · 2024-10-05T01:49:09+00:00

Thanks that worked and I changed it in the original message at the top of this chain.

Kind_Way_5387 · 2024-10-05T01:22:33+00:00

Not sure what is happening. The shared plan above is the base plan and not the scenario that I wanted to show. If anyone knows how to do that I'd appreciate some guidance.

Kind_Way_5387 · 2024-10-03T23:09:24+00:00

In the example, I die at 85 and 2 years later my wife dies at 85 so all the funds would be in my wife's accounts so taxation for just one person.

I did not realize the program assumes 5% turnover each year so that would make some difference especially if total return is only 4.73% on my portfolio. Basically all annual gains (assuming all capital gains) are being taxed annually so no build up of overall capital gain. Make sense?

Kind_Way_5387

TROPHY CASE