Message Font: Serif | Sans-Serif
No. of Recommendations: 8
Let me know if you find planners that are better online.

I don't like that i-ORP as only optimizes based on the program's assumptions, like:
- House/business is sold at age 80
- Plan only to age 92, and that you don't want to leave anything
- 60/40 mix for asset allocation, rather than using your actual holdings
- Uses 'typical' returns, rather than letting you put in your expected rate of return

Additionally, it only has 1 place to enter 'other' illiquid assets like rental real estate, art/collectibles that you may plan on selling, etc.

I like Fidelity's "Full View" better. It's much more flexible and allows you to choose things like:
- assume 'one-time' changes like selling your house or buying a car
- how much of a legacy you want to leave
- how long you want to plan for
- what rate of return you expect
- that your spending may vary

Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.