My Plan FAQs

These are frequently asked questions about how to configure My Plan

47 articles in this collection
Written by Michelle Dash, Andy Beck, and Davorin Robison

System Assumptions

Written by Michelle Dash
Updated this week

How are medical assumptions calculated?

This article explains how medical assumptions are used in Planner and PlannerPlus.

Written by Michelle Dash
Updated over a week ago

Plan

How do I increase my Plan Completeness?

You may have noticed your Plan Completeness Score drop with the recent update to My Plan. This article outlines how to get back to 100%.

Written by Davorin Robison
Updated over a week ago

What is Monte Carlo analysis?

This article explains what Monte Carlo simulations are and how they play a key role in a comprehensive financial plan

Written by Davorin Robison
Updated over a week ago

How are age ranges calculated?

This article will explain the caluclation assumptions for from age and through age inputs.

Written by Michelle Dash
Updated over a week ago

I live outside the US, how do I model income that is not taxed?

This article explains how to model common scenarios for expats.

Written by Michelle Dash
Updated over a week ago

How do I view a different scenario?

This will show you how to activate a different scenario and troubleshoot if you do not see the My Assumptions tab.

Written by Michelle Dash
Updated over a week ago

How do I set up a scenario?

This will show you how to model various iterations of your plan.

Written by Michelle Dash
Updated over a week ago

Expenses

Why do my expenses seem higher on the Lifetime Retirement Projection chart?

This article will explain how expenses are calculated on the lifetime retirement projection chart.

Written by Michelle Dash
Updated over a week ago

Should I include property taxes in my expenses?

This will explain how to model property taxes in your plan.

Written by Michelle Dash
Updated over a week ago

What is the difference between "Like to Spend" and "Must Spend"

Written by Michelle Dash
Updated over a week ago

What is the difference between the Basic and PlannerPlus Budgeter?

This article will help you decide the best way to model your expenses.

Written by Michelle Dash
Updated over a week ago

What is Excess Income?

Excess income is money that is not earmarked in your plan to be saved or spent.

Written by Michelle Dash
Updated over a week ago

How do I enter my Social Security benefit?

This will tell you how to model your Social Security benefit based on claiming age.

Written by Michelle Dash
Updated over a week ago

Real Estate

How do I pay off my mortgage early?

This article describes ways to model paying off your home early.

Written by Michelle Dash
Updated over a week ago

How do I model relocating to a new home and renting my former home?

How to model to relocating to a new home with the intent to rent your old primary residence.

Written by Michelle Dash
Updated over a week ago

How do I model selling my primary home?

How to model selling your primary home to rent a new residence.

Written by Michelle Dash
Updated over a week ago

How do I model relocating my primary home?

This will show you how to model selling your house and purchasing a new home.

Written by Michelle Dash
Updated over a week ago

How do I make lump sum contributions towards debt?

This article will show you how to model making early payment to mortgages, student loans, and credit card debt.

Written by Michelle Dash
Updated over a week ago

Accounts

How do I model a HELOC?

This article describes how to model a home equity line of credit.

Written by Michelle Dash
Updated this week

Why did the Roth Explorer convert an account that is not eligible?

This article addresses why the Roth Explorer converts all retirement accounts.

Written by Michelle Dash
Updated over a week ago

Why do my Roth Explorer conversions start at 60?

This article explains why Roth conversions may start at 60.

Written by Michelle Dash
Updated this week

What can I do to get the Roth Conversion Explorer to run successfully?

This article documents common solutions for Roth Conversion Error Messages

Written by Michelle Dash
Updated this week

How do I change the order of accounts used for RMDs

This article will describe how you can impact the order of accounts for Required Minimim Distributions

Written by Michelle Dash
Updated over a week ago

Why are my scenarios missing accounts?

This article explains the impact of a change to to the way accounts are shared among scenarios.

Written by Michelle Dash
Updated over a week ago

What information is shared among scenarios?

This article explains which fields are shared between scenarios.

Written by Michelle Dash
Updated over a week ago

How do I model 529 accounts?

This article describes how to model contributing to 529 plans.

Written by Michelle Dash
Updated over a week ago

How do I model an HSA account and contributions?

This article will describle how to add HSA accounts and contirbutions to your plan.

Written by Michelle Dash
Updated over a week ago

How do I model cash accounts?

This article explains how to model checking accounts, savings accounts, emergency funds, and CDs.

Written by Michelle Dash
Updated over a week ago

I have an issue linking accounts.

This article will help you answer common questions about conntecting to accounts and financial institutions.

Written by Michelle Dash
Updated over a week ago

How do I link my accounts?

How to troubleshoot if you linked to a financial institution successfully and do not see your accounts linked.

Written by Michelle Dash
Updated over a week ago

How do I model asset allocation?

This article will explain how to include asset allocation considerations in your projections.

Written by Michelle Dash
Updated over a week ago

Contributions & Withdrawals

What is a Required Minimum Distribution (RMD)?

This is a brief explanation of RMDS.

Written by Davorin Robison
Updated over a week ago

How do I model repaying 401k loans?

This article explains explains how to model repayment of 401k loans.

Written by Michelle Dash
Updated this week

How do I model manual withdrawals?

This article explains how to model a manual withdrawal.

Written by Michelle Dash
Updated this week

How Do I Model a Roth Conversion?

This article will describe the steps to model Roth Conversions.

Written by Michelle Dash
Updated over a week ago

How do I withdraw from a 529 plan?

This article explains how to model withdrawals from a 529 plan.

Written by Michelle Dash
Updated over a week ago

How do I model inherited IRA withdrawals?

This article will show you how to model manual inherited IRA withdrawals.

Written by Michelle Dash
Updated over a week ago

How do I simulate delaying RMDs?

This will show you how to model delaying RMDS while you continue working.

Written by Michelle Dash
Updated over a week ago

How do I model an employer match?

This will show you how to model an employer match in your retirement plan.

Written by Michelle Dash
Updated over a week ago

Savings

Where do I model dividends?

This article explains how to model dividends in PlannerPlus.

Written by Michelle Dash
Updated over a week ago

Where do I add cash value for life insurance?

This article describes where to model life insurance.

Written by Michelle Dash
Updated over a week ago

Score

How to use the Plan Health Chart

This article explains how to read the plan health chart on the dashboard.

Written by Andy Beck
Updated over a week ago

Why am I getting different indicators for score and Monte Carlo simulations?

This article will explain the difference between how to score and Monte Carlo simulations are calculated.

Written by Michelle Dash
Updated over a week ago

Medical

How is the Medicare Estimation Calculated?

This explains the assumptions that are included in the Medicare Estimation

Written by Michelle Dash
Updated over a week ago

How do I model delaying Medicare?

This article will explain how to model delaying Medicare when you have employer sponsored coverage.

Written by Michelle Dash
Updated over a week ago

How do I turn off long-term care assumptions?

This article explains options for modeling long term care.

Written by Michelle Dash
Updated over a week ago