The cumulative effect of the fees you are paying. When I worked at a fee only planner we never showed the client that amount. lol.What is there to track that my broker can’t show me?
On a more serious note I use three home grown spreadsheets using the software that comes on my MacBook - I think it’s called numbers
1 summary of my current investments and their value
2 a summary of my federal and state income tax for this upcoming year
3 a yearly prediction of investments, income, and taxes, from all sources from age now (60’s) thru rmds and one spouses death
I use the 2 nd and 3 rd sheet to manage IRMAA and long term tax planning
I do the 80% solution not looking for an exact to the penny answer - there is no sense in doing well that which we should not be doing at all.
Statistics: Posted by Parkinglotracer — Wed Jun 19, 2024 3:23 am — Replies 14 — Views 1248