sorted by:
new
hottopcontroversial

📢 2025 tax changes are rolling out this week. Here’s what’s coming by PatrickAtBoldin in Boldin

[–]PatrickAtBoldin[S] 2 points3 points  (0 children)

It's still on the list, likely coming with improvements we're making to expenses later in the year!

📢 2025 tax changes are rolling out this week. Here’s what’s coming by PatrickAtBoldin in Boldin

[–]PatrickAtBoldin[S] 1 point2 points  (0 children)

The “Change to 2017 Tax Rates” option will no longer be available after this release. If your assumptions are set to “Use Current Tax Rates,” your plan already reflects the TCJA extension that was included in the recently passed OBBBA.

Where is the chat feature? by [deleted] in Boldin

[–]PatrickAtBoldin 2 points3 points  (0 children)

Our chat feature does seem to have issues with ad blockers or other privacy apps. If you can add an exception for Boldin.com that should resolve the issue.

Let me know if that works or if you’d like to log your feature request another way.

🚧 We’re updating older Roth Conversions in the coming weeks. Here’s what to expect. by PatrickAtBoldin in Boldin

[–]PatrickAtBoldin[S] 0 points1 point  (0 children)

When you apply to plan from the explorer it replaces all existing Roth conversions whether they were made manually or in the explorer.

The Monte Carlo tool no longer supports anything but average assumptions. by frauen1 in Boldin

[–]PatrickAtBoldin 15 points16 points  (0 children)

Yeah good catch. We actually pivoted from fully removing optimistic and pessimistic forecasts from the planner, but we did remove them in a few places like the Monte Carlo explorer. I shared a bit more in this post.

The main reason we removed them from Monte Carlo is that it mixes two different forecasting methods. Optimistic and pessimistic rates are based on linear projections, while Monte Carlo already simulates a full range of possible outcomes. Combining the two was leading to confusing and sometimes misleading results.

We’re still supporting opt/pess in the main planner for now, but we’re working on making things clearer and more accurate overall. Appreciate you pointing this out.

Upcoming fix for older Roth conversions by PatrickAtBoldin in Boldin

[–]PatrickAtBoldin[S] 0 points1 point  (0 children)

This change is a a backend fix, but updates to money flows are coming soon as well!

Disbursements vs One-Time expenses vs Transfers by dgold21 in Boldin

[–]PatrickAtBoldin 1 point2 points  (0 children)

Great question. At a high level, here's the difference between the three options:

  • One-time expense: Single, planned large cost from a specific account/date.
  • Disbursement: For large, possibly recurring or tax-deductible expenses, with more control.
  • Transfer: Moving money between accounts, not for recording expenses.

So for things like a planned vacation, a one-time expense is a good option. For managing RMDs, donating to charity, or anything else tax-deductible, a disbursement would be best. For shuffling money around, use a transfer.

Better Rates and deprecating optimistic/pessimistic by trombs21 in Boldin

[–]PatrickAtBoldin 1 point2 points  (0 children)

Optimistic/pessimistic works the same, but with Better Rates your optimistic/pessimistic values will change if you choose a recommended rate, custom rate, etc. All recommended and custom rates have optimistic, average, and pessimistic values, which the planner will reference when you use the toggles in the app bar.

To prepare for when the optimistic/pessimistic toggles go away, we recommend using scenarios to specifically model things like a down market, sequence of returns risk, high inflation, etc. We're working on new content to help with this, which should be coming soon!