IRS tables used for tax computations (tax rate schedules, tax brackets, and standard deductions)
have been updated for 2007. Market performance statistics have been
updated through 2006.
Don't trust congress? A tax rate adjustment is now available to allow you
to increase or reduce the tax rates applied during post-retirement
years from what they are currently (by default, current tax
rates applied to current income brackets are adjusted in each future year by inflation).
A 72(t) (SEPP) Calculator has been added to help you analyze 72(t) distribution
plans. Calculate any parameter using any method! The Financial Event Wizard also provides an easy way to add 72(t) plans, enabling you to supplement those automatically calculated, or to use during pre-retirement.
You can delay the automatically-calculated 72(t) plan to start only after you've reached a minimum age (for instance, you may want to postpone implementing such a plan until you know it will be necessary).
You can have the distribution algorithm borrow to pay living expenses while under 59½ to avoid making early IRA
withdrawals—another effective optimization strategy for early retirement.
You can also now control the interest rate charged for borrowed amounts.
Financial Events can be made "generic" so they won't cause borrowing. In previous versions, a Financial Event could cause a negative balance in an asset category, so care was necessary to properly allocate expenses to prevent
borrowing. Since many expenses are of a nature that they must be drawn from whatever source is available,
you can now create generic Financial Events, which are withdrawn from the most efficient source available
at the time, switching sources when funds in one source run out.
The Graph now shows the effects of borrowing against your asset
categories.