Income Tax

Question: I have noticed that Retireware will calculate a decreasing amount of income tax payable annually. What are the underlying assumptions for calculating income taxes? Does the program use current year income tax rates and income brackets, and then escalate the income brackets with inflation? Answer: The program calculates income...

By: RetireWare / Equisoft On 10:51 AM

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Variable Rates of Returns

Question: Does the software have the capability to change projected rates of returns over the course of the calculation. For example, can you put in a return of 2% for say the first 3 years, then increase it to 3% for a few years and then 5% for...

By: RetireWare / Equisoft On 10:49 AM

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CPP Not Showing

Question: I have selected CPP and selected it as a source of income for my spouse and I and filled in all fields, but no CPP payments are reflected in the cash flow summary. Answer: If you indicated that you are already retired in 'Financial Information', then you...

By: RetireWare / Equisoft On 10:47 AM

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The Sequence of Returns Risk

When things don't go according to plan The sequence of returns risk is the risk of incurring low or negative investment returns in the early years of retirement and the erosion of the asset base caused by withdrawals, making it is difficult to recover even if you have...

By: RetireWare / Equisoft On 11:03 PM

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