We have 3 traditional retirement accounts (401k, trad IRA and 403b) and when I go to this new section it says 7 accounts at the top of the table but only lists 2. It seems to be including Roth accounts at the top but missing one of the accounts in the list
Hi there! Thank you for bringing this to our attention. I would suggest chatting in to our Service Team via the Chat function in the bottom right hand corner of your Boldin dashboard and one of our team members will be able to take a look at what you are describing and assist with your issue. Thanks again!
When RMD's begin, the IRS uses the Uniform Lifetime Table to calculate your RMD's. How is that incorporated into the software and can it be changed by the user if those ULT's change in the future?
Hi there! We calculate RMDs per IRS regulations based on the user's Date of Birth. If the IRS changes the regulations, we'll update the model accordingly.
What about the current year? It would seem thst to show rmds for the current year. Boldin would need to know the balances at the end of the prior year, and whether they were slready taken or not.
Hi Mark, RMDs in Boldin are going to be estimated values, even in the current year. In the Boldin tool, current year RMD estimates are going to be based on your current account balances reflected in the Planner.
Hi Erin, thank you for presenting RMDs with Boldin. When will you allow verification, when logging into an account, via text rather than email? My email seems to be slow
Fantastic. Great addition. I just bought Bold In few months ago and I am still playing around with it. Feedback - I have is - why is there no actual lumpsum towards home mortgage or adding extra principal each month option available? The only way I can see to add more towards home is to simply increase your primary mortgage expense per month which isn't ideal. I also think routing excess income to mortgage option can help. Instead it only gives you option to save as cash or into brokerage/savings account. There is also no division on % of excess income like x% should redirect to this and y% should redirect to that. Thoughts?
Hi there! We're so glad you like the new feature. Here's an article from our help center that talks about how to make lump sum contributions towards debt: help.boldin.com/en/articles/4312672-how-to-make-lump-sum-contributions-towards-debt We are exploring expanding options for excess income. Keep an eye on our release notes here: www.boldin.com/retirement/release-notes/ Happy planning!
I believe you can make the investment return anything you want. So you may wish to look at one plan with a 3.5 percent return, and compare it to another that gets 7 percent.
The user can select rate of return /interest rates when setting up accounts in the software. I have subscribed to this software for more than 1 year, I highly recommend it.
Hi Rick, as others have stated above, you do have the ability to adjust your rates of return for each investment account as a PlannerPlus subscriber to Boldin. If you aren't already on PlannerPlus, you can look into it here: www.boldin.com/retirement/plus-signup-120/
I recently reallocated my Roth IRA to 50% SCHD, 25% SCHX, and 25% SCHG. For my Roth 401(k), I’ve set it to 70% Vanguard S&P 500 Index, 20% Vanguard Growth Index, and 10% Vanguard International Index. I’m aiming to grow my $350K portfolio to over $1M within the next three years before retirement. Open to suggestions for the best strategies to achieve this goal!
Agreed, I'm in line with having an advisor oversee my day-to-day investing cos, my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio has 5X in barely 4 years, summing up nearly $1m as of today.
I take guidance from an advisor Rebecca Lynne Buie To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
![Intentional Retirement Living with Fritz Gilbert [Ep. 84]](http://i.ytimg.com/vi/lH_NomYLW1E/mqdefault.jpg)
Thank you for continually making improvements to Boldin. This product has given us a real peace of mind in retirement.
We are so glad to hear that the tool has given you peace of mind in retirement. That is fantastic! Be on the lookout for our next video next week.
Thanks for a great and informative video.
We're glad to hear it was helpful, Mike! Be on the lookout for our next video next week.
We have 3 traditional retirement accounts (401k, trad IRA and 403b) and when I go to this new section it says 7 accounts at the top of the table but only lists 2. It seems to be including Roth accounts at the top but missing one of the accounts in the list
Hi there! Thank you for bringing this to our attention. I would suggest chatting in to our Service Team via the Chat function in the bottom right hand corner of your Boldin dashboard and one of our team members will be able to take a look at what you are describing and assist with your issue. Thanks again!
When RMD's begin, the IRS uses the Uniform Lifetime Table to calculate your RMD's. How is that incorporated into the software and can it be changed by the user if those ULT's change in the future?
Hi there! We calculate RMDs per IRS regulations based on the user's Date of Birth. If the IRS changes the regulations, we'll update the model accordingly.
What about the current year? It would seem thst to show rmds for the current year. Boldin would need to know the balances at the end of the prior year, and whether they were slready taken or not.
Hi Mark, RMDs in Boldin are going to be estimated values, even in the current year. In the Boldin tool, current year RMD estimates are going to be based on your current account balances reflected in the Planner.
Hi Erin, thank you for presenting RMDs with Boldin. When will you allow verification, when logging into an account, via text rather than email? My email seems to be slow
Fantastic. Great addition. I just bought Bold In few months ago and I am still playing around with it. Feedback - I have is - why is there no actual lumpsum towards home mortgage or adding extra principal each month option available? The only way I can see to add more towards home is to simply increase your primary mortgage expense per month which isn't ideal. I also think routing excess income to mortgage option can help. Instead it only gives you option to save as cash or into brokerage/savings account. There is also no division on % of excess income like x% should redirect to this and y% should redirect to that. Thoughts?
Hi there! We're so glad you like the new feature. Here's an article from our help center that talks about how to make lump sum contributions towards debt: help.boldin.com/en/articles/4312672-how-to-make-lump-sum-contributions-towards-debt
We are exploring expanding options for excess income. Keep an eye on our release notes here: www.boldin.com/retirement/release-notes/
Happy planning!
@boldinofficial Thank you. Look forward to it.
Why are the investment returns so low (3.5%)? Shouldn't those be checked too?
I believe you can make the investment return anything you want. So you may wish to look at one plan with a 3.5 percent return, and compare it to another that gets 7 percent.
The user can select rate of return /interest rates when setting up accounts in the software. I have subscribed to this software for more than 1 year, I highly recommend it.
Hi Rick, as others have stated above, you do have the ability to adjust your rates of return for each investment account as a PlannerPlus subscriber to Boldin. If you aren't already on PlannerPlus, you can look into it here: www.boldin.com/retirement/plus-signup-120/
I recently reallocated my Roth IRA to 50% SCHD, 25% SCHX, and 25% SCHG. For my Roth 401(k), I’ve set it to 70% Vanguard S&P 500 Index, 20% Vanguard Growth Index, and 10% Vanguard International Index. I’m aiming to grow my $350K portfolio to over $1M within the next three years before retirement. Open to suggestions for the best strategies to achieve this goal!
consider financial advisory so you don’t keep switching it up... those sound like great picks anyways, not bad for $350k.
Agreed, I'm in line with having an advisor oversee my day-to-day investing cos, my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio has 5X in barely 4 years, summing up nearly $1m as of today.
this is huge! would you mind revealing info of your advisor here please? in dire need of portfolio rebalancing
I take guidance from an advisor Rebecca Lynne Buie To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.