EngineeringYourFI – Page 4 – Engineering Your FI

Status Update: Overhauling the FIRE Withdrawal Strategy Algorithms Page

Leave a Comment / EngineeringYourFI / January 26, 2023

Well I’ll admit this is a bit of a disappointing post for me, because I had really hoped to complete a major overhaul of the FIRE Withdrawal Strategy Algorithms Page I’ve been working on all week, as I mentioned at the bottom of my last post. But that’s how it goes sometimes – I’d rather have a decent product than rush to “ship” a super rough / sloppy product. Especially for THIS product – I expect this page will serve as an important reference for much additional analysis I’m planning.

The graphical diagrams on that algorithms page also need a big overhaul, to reflect the current version of the methods.

Status Update: Overhauling the FIRE Withdrawal Strategy Algorithms Page Read More »

Reducing Standard Income & Increasing Long Term Cap Gains to Generate More Cash – Not Worth It

Leave a Comment / EngineeringYourFI / January 19, 2023

Last week I implemented an idea I’ve had for quite a while to further enhance the Tax and Penalty Minimization (TPM) withdrawal method. However, I couldn’t seem to get improved results for any scenario I tried.

This week I dove a bit deeper to better understand why this method is not working out (at least so far).

Reducing Standard Income & Increasing Long Term Cap Gains to Generate More Cash – Not Worth It Read More »

Update: Reducing Standard Income & Increasing Long Term Cap Gains to Generate More Cash Without Taxes

Leave a Comment / EngineeringYourFI / January 12, 2023

This week I’ve been implementing an idea I’ve had to further enhance the Tax and Penalty Minimization (TPM) withdrawal method, which I’ve been mentioning in previous posts for a while now.

But so far I’m not seeing very good results…

Update: Reducing Standard Income & Increasing Long Term Cap Gains to Generate More Cash Without Taxes Read More »

20% Withholding Problem Solved (Mostly) and More Withdrawals Stress Testing

Leave a Comment / EngineeringYourFI / January 5, 2023

This week I’ve got some (mostly) good news regarding the “20% withholding from retirement accounts” challenge I mentioned in the previous post.

I also have a bit more stress testing analysis results of the Tax and Penalty Minimization (TPM) withdrawal method and the Traditional withdrawal method, this time looking at how each method does if expenses increase each year.

20% Withholding Problem Solved (Mostly) and More Withdrawals Stress Testing Read More »

Happy Holidays And Farewell 2022

Leave a Comment / EngineeringYourFI / December 29, 2022

This week has been a lot of traveling, visiting family, and childcare, with both kids out of school/daycare. So I haven’t gotten much (*cough* any *cough*) analysis done this week.

2022 has been a wild year, and not too great for the markets. Hopefully 2023 will be better!

Happy Holidays And Farewell 2022 Read More »

FIRE Withdrawal Method Stress Testing

Leave a Comment / EngineeringYourFI / December 22, 2022

Well after over four weeks of work, I finally have the withdrawal method stress testing results of the Tax and Penalty Minimization (TPM) withdrawal method and the Traditional withdrawal method! Woohoo! Not just another “update” post!

I hope you’re psychologically prepared for plots. LOTS of plots. But really, who doesn’t love plots? They’re the best.

FIRE Withdrawal Method Stress Testing Read More »

Stress Testing Analysis Initial Results

Leave a Comment / EngineeringYourFI / December 15, 2022

Well after a great deal of work, I have finally extended the Tax and Penalty Minimization (TPM) method to be able to go down to $0! Which I’ve been working on for several weeks.

Unfortunately I ran out of time to do much of any stress testing analysis, but I did run it for a couple scenarios and compared the results to the Traditional method for those scenarios – and the results are very promising!

Stress Testing Analysis Initial Results Read More »

Stress Testing Analysis Update 2

Leave a Comment / EngineeringYourFI / December 8, 2022

It’s been another week of lots of work and coding and testing. But, still no results for the stress testing analysis unfortunately. I did come up with a pretty large breakthrough though (I think, TBC once I have results), for handling the main problem I was facing last week.

Stress Testing Analysis Update 2 Read More »

Stress Testing Analysis Update

Leave a Comment / EngineeringYourFI / December 1, 2022

Well I’ve gotten a bunch done this week, but unfortunately I don’t have much in the way of results to show for it.

This week I’ve focused a few different things:

A correction to the tax calculation of long term cap gains – which fortunately did not significantly affect any results I’ve published previously
Extending the traditional withdrawal method to allow it to go down to $0, as part of the upcoming stress testing analysis
A major refactor of the Tax and Penalty Minimization (TPM) method code
Starting the process of extending the TPM method to go down to zero, as part of the upcoming stress testing analysis