The Boldin Planner withdraws from your accounts in a set order: taxable accounts first, then tax-deferred accounts, then Roth and HSA accounts. Each account is drawn down until it's depleted before the Planner moves to the next.
You may customize the withdrawal order, but you'll need to use a manual workaround to model proportional withdrawals. This entails adding transfers in Money Flows.
The approach
Designate a "retirement paycheck" account. Pick one account — typically a savings or checking account — to receive your transfers and fund your expenses. Place this account first in the withdrawal order.
2. Add transfers in Money Flows. Create a transfer from each excluded account to your retirement paycheck account, specifying the annual amount and the ages it applies. The Planner taxes each transfer appropriately based on the account type.
Example
Jerry and Elaine both retire at 65. They have two 401(k)s, a joint savings account at Ally, and a few brokerage accounts. With the default order, the Planner completely drains their taxable accounts before age 75 — and the Taxes Insight chart shows low taxes early in retirement, then a jump back into the 22% and higher brackets later.
Jerry and Elaine would rather spread withdrawals across their 401(k)s and brokerage account to smooth out their taxes.
Here's how they set it up:
They designate their Ally savings account as the retirement paycheck account.
In Money Flows, they add transfers into the Ally account from the desired source accounts with strategic amounts and start/stop dates
Jerry's 401(k)
Elaine's 401k
Joint Brokerage
Check your results
Insights > Accounts > Withdrawals shows where money is coming from each year. Keep in mind that the Shortfall withdrawals represent what is actually withdrawn.
Insights > Taxes > Net Taxable Income shows where your withdrawals place you relative to the federal tax brackets, so you can fine-tune your transfer amounts.
Tips
Transfers are fixed amounts, so revisit them as your plan evolves — especially after changes to income, expenses, or account balances.
If your transfers don't fully cover expenses in a given year, the Planner makes up the difference using the withdrawal order from the accounts still included in it.