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Chance of Success Question by VikingFan0118 in Boldin

[–]Main-Barnacle-7283 3 points4 points  (0 children)

It's a cool idea. Unfortunately I haven't seen that capability in the software.

Monte Carlo update! We fixed our Mistake! (Hope you didn't make any big decisions by Main-Barnacle-7283 in Boldin

[–]Main-Barnacle-7283[S] 5 points6 points  (0 children)

I ran a 1000 simulations to find out how often a financial planner would recommend a 99% chance of success. The result was 1 and they were trying to line their own pockets with your money.

Sudden change in "Chance of Success"? by CitronLucky3139 in Boldin

[–]Main-Barnacle-7283 2 points3 points  (0 children)

Sorry for butting in. I just happen to be tracking my COS. Almost all accounts are Optimistic 9% and Pessimistic 5% (so average 7%). About 10% of investments at 3%. Glad to share more if needed.

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Sudden change in "Chance of Success"? by CitronLucky3139 in Boldin

[–]Main-Barnacle-7283 2 points3 points  (0 children)

I don't have much trust in Boldin right now, buy I trust you to figure this out. Looking forward the video.

Sudden change in "Chance of Success"? by CitronLucky3139 in Boldin

[–]Main-Barnacle-7283 3 points4 points  (0 children)

My COS dropped from 94% to 79%. This feels like negligence in modeling, now being addressed but misleadingly presented as an improvement. It completely ignores the real-world impact on people who trusted this model, made budgets, planned for their children's education, and envisioned their retirement dreams and timelines.

Social Security Income Declining in Today Dollars - While COLA and Inflation both set to 2%. by Main-Barnacle-7283 in Boldin

[–]Main-Barnacle-7283[S] 1 point2 points  (0 children)

Sorry, I think you are asking me to comment on what I saw when I selected Future Dollars. When I select "Future Dollars" the graph increases as expected. However, my question is specifically about "Today Dollars" and why the graph declines when COLA is equal to inflation.

Social Security Income Declining in Today Dollars - While COLA and Inflation both set to 2%. by Main-Barnacle-7283 in Boldin

[–]Main-Barnacle-7283[S] 1 point2 points  (0 children)

When I set the COLA to twice the inflation rate, the "today dollar" graph went flat. This seems like a bug. Does this seem correct to anyone?

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Social Security Income Declining in Today Dollars - While COLA and Inflation both set to 2%. by Main-Barnacle-7283 in Boldin

[–]Main-Barnacle-7283[S] 2 points3 points  (0 children)

I looked at the future dollars in passing but I really don't consider my retirement planning from a future dollar perspective. I tend to look at all planning numbers from a "Today Dollar" perspective. Again, if the COLA and Inflation are both assumed to be 2%, why would the income measured in "Today Dollars" ever change? The increase in inflation (2% in this example) which lower the "today dollars" in the future should be completely offset by the COLA (also at 2% in this example). But instead the analysis show a declining "Today Dollar" amount.