Originally from ticket #9318.
Questions from John T.
If income is more than expenses does excess go to non qualified investment?
- no the excess during retirement would go into the Taxable investments bucket
If RMDs are not needed for expenses does this go to non qualified investment? (After paying taxes)
- No they accumulate in the Taxable investment bucket
For married couples, Social Security - Client dies & spouse starts to collect his SS. Do I need to stop both SS and do cash infusion for to show client new amount?
- No it's better to use the Stop Age to stop the lower benefit, but at the age that sync's with the estimated death age you are modeling. In this way the Social Security amounts stay in the royal blue color on the graph and in the Social Security column on the print out.