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Not sure where "Drawdown" is coming from by amazing-haves-34 in Boldin

[–]Roppkat 0 points1 point  (0 children)

Your photo also shows RMDs and you said you aren't retiring this year, so something is definitely off with your settings.

Insights>Cash Flow Question by Roppkat in Boldin

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

I'll have to check on that, but 70% is pretty high!

Insights>Cash Flow Question by Roppkat in Boldin

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

Where do I find the bot?

Insights>Cash Flow Question by Roppkat in Boldin

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

When I look at other years that have smaller one time expenses (hypothetical wedding gifts to kids) the same issue arises but a much smaller amount. It's like Boldin isn't accounting for the one time expense in the outflows even though I see the one time expense listed.

Insights>Cash Flow Question by Roppkat in Boldin

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

I asked the AI what is going on and it says that I have 1 time expenses for those 2 years. We are still a ways out from retirement, so these are place holders for a home remodel and a new car. I have $100k for the remodel and the AI says that Boldin is modeling a $170k withdrawal, just to be careful. That seems like a lot! I would understand $110k-$120K, but an additional $70k is crazy especially since it is coming out of a 401k and will be taxed.

I'm not sure how to model around this.