How do I change my spending behavior in Monte Carlo simulations based on how my portfolio is doing?

Dynamic Spending Guardrails Dynamic Spending Guardrails let you model a simple, rules-based spending change inside the Monte Carlo simulation: If the portfolio value rises above an upper threshold, the simulation assumes you increase spending on living expenses in retirement by a set percentage.If the portfolio value falls below a lower threshold, the simulation assumes you decrease spending on [...]

I want to optimize Roth conversions for my children to give them the most after-tax money possible.

How “Maximize the Investment Value for Beneficiaries” works When you pick Maximize the Investment Value for Beneficiaries, the optimizer stops focusing primarily on your lifetime outcomes and instead prioritizes how much after-tax value your beneficiaries are expected to receive from what you leave behind. That changes the math in two big ways: It evaluates outcomes from the beneficiary’s [...]

How do I enter an investment account without linking it?

Go to Cash Flow Inputs > Investment Accounts to add an investment manually. You can select from a variety of account types to add and you can then enter information such as the balance, contributions, and even https://support.mywealthtrace.com/21145/kb/article/107118/how-to-manually-add-investment-holdings" target="_blank enter holdings and their tickers. [...]

I have a lump sum pension coming and I want it all to go to an IRA I own. How do I specify that a cash inflow will go to a single investment account?

The default for a cash inflow, if the money isn't spent on expenses, is to go into taxable accounts proportionally based on their balances at that time. But you can change this as seen below. src="https://cdn.livehelpnow.net/clients/21145/kb/cfd1_1997e4ba-a751-4572-ad7b-8512f505d726.png" id="939c01a2-6fbf-4e64-9c65-6ea799e77084" alt="cfd1" width="90%" height="auto" [...]

I linked an account and some of the holdings have incorrect asset classes. How do I change these?

You can edit the asset class for any holding by going to Cash Flow Inputs > Investment Accounts. You can assign one asset class to a holding or even assign a mix of asset classes. The application will remember this change going forward. src="https://cdn.livehelpnow.net/clients/21145/kb/holdingup1_fb32baf4-b52b-47cd-809a-48553d721e16.png" id="04b39a2e-d6b8-4813-afd1-1b663d6fee25" [...]