NewRetirement is thought for being essentially the most complete modeling device for forward-looking projections. In actual fact, till this week, we didn’t even present you correct information for the present yr.

You might or might not have seen, however the NewRetirement Planner solely confirmed correct projections for future years (besides in January of the present yr). And, the info for the present yr would get much less correct because the yr wore on. For instance, in December (simply whenever you would need correct numbers for end-of-year planning selections), you’ll solely see one month’s value of earnings, tax estimates can be off, and so forth.

Yep, it’s true. You see, our energy has all the time been as a forward-looking planning device with unparalleled modeling capabilities for making strong selections about your future. 

Nevertheless, we’ve now taken one small preliminary step that can assist you make good selections for right this moment in addition to your future. Be taught extra about this replace beneath and contact us from inside the Planner with all questions and recommendations for the place you desire to us to take this performance sooner or later.

We sit up for listening to from you.

Present Yr Estimates Are Now Out there

We’re very excited to announce that as a primary step towards making the NewRetirement Planner work for current-year calculations (and finally historic information monitoring), we’ve estimated your 2023 end-of-year values.

When you’ve got not undergone massive adjustments in earnings in 2023, then the Planner will now probably be displaying you pretty correct info for the final 12 months enabling you to mannequin end-of-year planning selections.

What to do in case your 2023 information will not be correct and also you wish to do finish of yr modeling?  

We understand that estimates are much less helpful than an correct historic file. Nevertheless, estimates of your full 2023 file are higher (and positively no worse) than solely displaying numbers for December. And, a few of you can see this extremely helpful.

In case your 2023 information is inaccurate, it’s probably as a result of your December information is considerably completely different from what occurred earlier within the yr. 

If you want assist dialing in your 2023 numbers, please ship us a message utilizing the in-app communication device (the circle within the decrease proper part of the Planner) and we shall be completely satisfied to help you.

How Are 2023 Estimates Being Calculated, and Why Are They Solely Estimates? 

To estimate your 2023 numbers, we’ve taken your present information and have projected backward to calculate all earnings, bills, and a few occasions on this yr.

NOTE: In 2024, we hope to launch a approach so that you can reconcile your projections with what has occurred every month or quarter. And, we’ll supply a approach to precisely observe your monetary historical past. 

What Can You Do with the 2023 Calculations? 

We hope that this launch will allow a few of you (these with fairly correct end-of-year numbers) to:

  • See estimated 2023 values on all charts
  • Consider extra correct 2023 tax calculations
  • Use the device in December for end-of-year planning. You would possibly attempt to mannequin situations the place you:
    • Max out your tax-advantaged financial savings
    • Assess last-minute Roth conversions
    • Cut back 2023 earnings for tax functions
    • Mirror in your present monetary scenario to raised plan to your future
    • And extra…

Let Us Know What You Assume!

We’re enthusiastic about this alteration and hope you’ll be too. We’re anxious to listen to what you assume. Log into the Planner and get in touch with us by way of the in-app messager. We shall be working to repeatedly enhance the device for higher present and future monetary monitoring and decision-making. 


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