Yes, I do. I have been doing estimates since 2015 and was in a great position when given “unexpected early retirement” at the end of 2019. They are still relevant as I deal with ACA income attestation, estimated taxes, and maintaining the 0% tax rate on QD/LTCGs. It boils down to how much detail you need to accomplish what you want.I'm curious if anyone attempts to estimate future dividends/interest as part of your retirement income planning? If so, how do you do it? DW will retire this year and I will retire next year.
As the prior posters mentioned, a simple annual estimate of distribution per share, times the amount of shares owned equals the Dollar amount. This can be tracked in a simple spreadsheet. If you own Vanguard funds, there is a distribution tab for each fund on the mutual funds list page located in the Investment Products section. Below is an example:
https://investor.vanguard.com/investmen ... tributions
As I track many metrics, my spreadsheet ‘grid’ is more complicated. I break down the per share distributions from each fund by their type of distribution (income, STCG, LTCG), multiply by number of shares, and enter the Dollar amounts.
The ‘grid’ comes into play as I use five additional columns to list the amounts by taxation type (taxable ordinary, taxable retirement, QD/LTCG, tax-free muni, and Tax-free Roth. I use a row near the end to sum the columns. I have an additional tab to perform on a quarterly basis to make sure estimated taxes are in safe harbor. One needs to know the percentage of qualified versus non-qualified to align the Dollar amounts in the proper columns.
As far as estimating into the future, that is subjective. I keep historical data and run forecasts to make estimates for my needs. I will use VFIAX S&P 500 fund as an example. I estimate a 2024 overall dividend of $6.6004 per share broken down by each quarter of $1.5453, $1.6383, $1.5460, and $1.8708. Capital gains are also listed just above the distributions showing realized and unrealized. Unfortunately, they do not differentiate between what is short and what is long.
Statistics: Posted by Hacksawdave — Mon Mar 04, 2024 3:54 pm — Replies 3 — Views 274