Securing Eleanor's future, one calculation at a time.
Eleanor is overwhelmed by the prospect of managing her newfound wealth and is unsure how to draw income without depleting her assets prematurely or incurring excessive taxes. She lacks a clear understanding of how various withdrawal strategies from her IRA and taxable accounts will impact her future cash flow and longevity of her portfolio, particularly given fluctuating market conditions and potential inflation.
We utilized the Revenue & Sales Calculator to model different income scenarios for Eleanor, treating her portfolio as a 'business' generating revenue. By inputting her total asset base ($2.25M) and projecting various withdrawal rates (3%, 4%, 5%), the calculator illustrated the potential annual 'revenue' she could generate. Scenarios factored in estimated tax liabilities using the Tax Equivalent Yield calculator to provide a net, after-tax income projection. Furthermore, the calculator helped analyze the impact of a conservative investment strategy with a 4% average annual growth rate versus a more aggressive strategy with an 8% growth rate on her long-term portfolio value.
We imported Eleanor's financial data into the Revenue & Sales Calculator and ran multiple simulations by adjusting variables like withdrawal rates, tax brackets (using the Tax Equivalent Yield calculator), and projected growth rates. Results were presented in easy-to-understand charts and graphs.
$17,000 increase in projected annual income using optimized withdrawal strategy and tax-efficient investment allocation.
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