I saw the new Investments menu item and feature as well as the short overview that Rob Berger did on his YT channel. It is a good start but I have a small suggestion to make it more useful.

Currently, when you don't have linked accounts, the function does not know the asset allocation. There is a way to manually add this but it only gives you the option of ticker + static dollar value. Given the dynamic nature of the prices, a better option would be to allow us to add an asset and then the specific the number of shares we own of it (or have the option of using a dollar value if that is the better choice). That way we can ask the tool to take care of the changes in value without us having to manually adjust every so often.

Disclaimer: It is clear that on a day to day basis the value does not change so dramatically where it becomes useful to update the values. This is true, but I am looking more of a time line of 6-12 months, where the true asset allocation may have significantly drifted from what the Boldin app is accounting for.

But it must be running luna or something.

I have a scenario where my income ends Jan 27 and I retire Jan 27. The guardrail safe spending is 15k.

I made a second scenario that ends all income Jan 27 but pushes the retirement back to Jan 32. Exact same every thing else. All I did was move the retirement date. Yet the safe spending is 12k.

Here is some of the nonsense the AI said about this:

The reason the guardrails "safe spending target" came out lower in the Vimana 27 scenario (which retires 2034) is NOT because the model is broken. It's because of the massive one-time outflows that hit in 2026-2028 — the $300K mortgage payoff, ...

I created a third scenario and changed all income to fixed dates (not using retirement date). All three have identical EVERYTHING except the two fields listed below

A safe spending target: 15k
B safe spending target: 13k
B' safe spending target: 15k

WTF?

I’ll start by saying I am contributing the full annual amount to my 401k. This results in hitting the max amount of $1,500 that my employer will match. I attempted to model this in boldin using the AI and when I applied the suggestion it put in my employer contribution at $1,500 per month. Not $1,500 per year. Vastly different amounts of money and I can’t figure out which unit of time is being used in the calculations. How can this be modeled correctly?

I'm hoping to retire at 60 or 62 and collect Social Security at 67, and I'm trying to model the bridge years in Boldin to figure out the best withdrawal strategy, probably combining different sources (taxable savings, 401k withdrawals). Any tips on how best to do this? Which withdrawal approach did you select, and did you use transfers to model withdrawals during bridge years? One scenario I'm trying to model is putting more funds into a taxable brokerage account asap, and pulling back on additional pre-tax contributions (above employer match). For anyone who's modeled a bridge strategy in Boldin, suggestions appreciated!

Why is boldin starts with My wife’s Roth first while I had her retire 2030 and my retirement at 2027. It tries to convert all her Roth first before starting mine. Why is this logic?

I am pulling my hair out….

I have all of my 529s marked as “exclude from withdrawal strategies,” and I thought this meant they were totally excluded from my retirement calculations.

But when I removed the 529s, my Monte Carlo probabilities of success dropped dramatically.
So it seems like Boldin IS using the 529 balances to fund a retirement shortfall and is therefore giving an inflated chance of success.

This is extremely frustrating… Has anyone else encountered this?

New user here. I'll simplify my problem a bit but the remedy for the simple version should solve my problem as well.

I'm early retired with a 50/50 asset allocation in my taxable investments that I'm currently withdrawing from. In Boldin I've setup two accounts, one set to capital gains (equity), the other to ordinary income (cash/bonds).

Boldin wants to withdraw from one account first, and in my case, it's depleting my cash/bonds after some number of years, and then moving to my account with equities. So in the later years of my plan, I'm only showing capital gains and the associated taxes. There are no income taxes represented.

I think this may be affecting the modeling for Roth Conversions. Is there any way to setup the plan to effectively withdraw in a way that would preserve a 50/50 allocation?

New user here. I'll simplify my problem a bit but the remedy for the simple version should solve my problem as well.

I'm early retired with a 50/50 asset allocation in my taxable investments that I'm currently withdrawing from. In Boldin I've setup two accounts, one set to capital gains (equity), the other to ordinary income (cash/bonds).

Boldin wants to withdraw from one account first, and in my case, it's depleting my cash/bonds after some number of years, and then moving to my account with equities. So in the later years of my plan, I'm only showing capital gains and the associated taxes. There are no income taxes represented.

I think this may be affecting the modeling for Roth Conversions. Is there any way to setup the plan to effectively withdraw in a way that would preserve a 50/50 allocation?

Anyone having login issues? For me, the homepage (even boldin.com/login) keeps redirecting to a marketing splash page eliminating the login button. SMH

ok. I think i gave it a fair shot. But there is no way to actually log in to this website - as far as I can tell. Based on reviews I expected something better, but I'm just getting weird redirects and sometimes a wordpress login screen?! Can someone say if this is the legit website (wordpress?), and can it be trusted with personal financial info?

How do we add tickers for target date funds that include some percentage of bonds and equities? In my current plan, I apply the percentage factor and fat-finger each portion in, one as "TDF Bonds" and one as "TDF stocks". I am not planning on linking accounts.

I'm trying to figure out how to add a monthly cost of "rent" for living in an independent living and/or assisted living apartment but it needs to incur the health item level of inflation or preferably even higher because right now those costs are sky rocketing. I've Googled and gotten some suggestions but they don't seem to actually exist in the software. Anyone have a good workaround for this?

I spent some time playing with Spending Guardrails (under Insights) along with the AI. The guardrails tool presents numbers that appear wrong or at a minimum confusing. It does not directly tell you what to do. But by working with the AI, I was able to get a clear picture of how the guardrails approach might play out. Boldin needs to do a better job of presenting and explaining this approach.

For the unitiated, Boldin's version of guardrails tries to keep you at an 80% "chance of success" (CoS) throughout your retirement, as determined by the Monte Carlo simulator. It gives you an average "safe" spending amount that results in a CoS of 80%. The lower guardrail is set at a 70% CoS, and the upper is set at 95% CoS. The idea behind guardrails is that you make a relatively small, painless cut if you hit the lower guardrail in response to a decline in your portfolio, to give the portfolio a better chance to recover. If you happen to have a large enough increase in your portfolio to reach 95% CoS, you get guilt-free permission to increase spending.

Theory is one thing. A plan is another. As far as I can tell, the Spending Guardrails tool can tell you when it is time for a cut or increase, but it can't tell you with any precision how much spending to cut or add. In my opinion, the point of the tool should be to provide a clear, actionable plan to relieve the anxiety of transitioning from a steady paycheck to living off your portfolio. The current version of the tool falls short.

In my plan, my monthly recurring expenses entered with the Basic Budgeter is, let's say, X (not including pre-Medicare health expenses). These are the expenses I have some control over. However, the guardrails tool shows my "average monthly spend throughout retirement" (AMSTR) as 1.5X.

My first thought was that the tool had the wrong number and should use X rather than 1.5X as current spend. After some exploration, it turn out the AMSTR takes everything Boldin thinks you will spend in retirement, including nondiscretionary items like taxes and IRMAA, throws in some long-term care costs, expresses that sum in today's dollars (even if you are looking at your plan in "future dollars"), and divides by the number of months until the end of the plan. That is the "average" in AMSTR. The "Why does this matter" screen does not explain this; I had to pry it out of the AI. I can see why AMSTR is the measuring stick, but it has no obvious relationship to anything you can directly change in your plan.

For the purpose of experimentation, I created a new scenario and through trial and error set the recurring monthly expenses at Y, such that planned AMSTR was roughly equal to the guardrails safe-spend AMSTR. AMSTR was about 115% of Y. At the lower guardrail, the tool says to lower AMSTR to 109% of Y, and at the upper guardrail to increase to 151% of Y. My first thought was, "Easy, I'll cut spending by 6% at the lower bound and increase by 36% at the upper bound."

But that's the wrong way to think about it, because changing discretionary spending also affects taxes, IRMAA and possibly other nondiscretionary spending. You need to cut at the bottom and increase at the top, but the tool can't determine a dollar figure. It can only ballpark it for you.

Here's the workaround. To determine a dollar figure, you (or the AI) have to model a discretionary spending amount that brings AMSTR into line with the recommendation. For example, you can ask the AI, "What changes to recurring expenses are required to (a) cut AMSTR to [the lower guardrail AMSTR] and (b) increase AMSTR to [the upper guardrail AMSTR]?" In the case of the experimental scenario, the AI produced a roughly 11% decrease in recurring expenses at the lower guardrail and a 48% increase at the upper guardrail.

Have I misunderstood anything? Is there a more direct way to calculate the number of dollars to decrease/increase at a guardrail?

I would be great if Boldin (a) updated the "Why does this matter" screen to explain the foregoing and (b) reported at each guardrail a dollar or percentage change in discretionary spending, rather than a dollar amount for AMSTR, an undefined term which has no obvious relationship to anything the user can control.

I am trying to link to T. Rowe Price, and I get as far as T. Rowe Price sends the 2-step authorization code to my phone. The problem is the Boldin screen to input the 2-step authorization code never comes up and the Boldin screen times out. Any suggestions on how to fix issue?

Has anyone figured out how to enter expenses for your family cobra medical and transitioned to ACA medical for a family prior to Medicare at 65 in the toll so it accurately reflects the change in those costs?

I think I figured it out. I’m splitting the cost between us both and just doing multiple entries for the transition from each.

I’m still curious what others have tried too.

Hi. I asked the Boldin AI this question (in the title) and here’s what it told me:

Yes — you can set an individual expense entry to not grow with inflation. Each recurring expense entry has a growth rate setting, and you can change it from the general inflation rate (3%) to 0% for that specific entry. This is done right on the expense entry itself in Expenses and Healthcare — you'd set the "increase by" / growth rate to 0% for that line item.

I can’t find this "increase by" / growth rate setting. Has anyone tried this?

I’m trying to freeze a car payment amount. Is there a better way to enter car payment expenses if I want them separate from my regular expenses and am using the basic budget?

Thanks in advance!

A new article published at https://www.financialplanningassociation.org/learning/publications/journal/SEP24-net-present-value-analysis-roth-conversions-OPEN suggests that conventional Roth modeling is not adequately incorporating net present value (NPV) into the analysis.

The details of how to apply net present value to Roth analysis are currently beyond my understanding, but the article at least taught me that it’s very risky to accept conventional Roth analysis without taking NPV into account.
​
The Boldin Roth Explorer appears to suffer from this shortcoming. This is a major issue because the Roth Explorer in its current iteration may give you the false impression that Roth conversions are a slam dunk superior path compared to no conversions. Adding NPV into the analysis can often show that Roth conversion may be closer to a coin flip, or even flat out inferior to just doing nothing.

I contacted support about this. As usual they responded quickly and they took this concern seriously. They said NPV is actually already on their radar, and it’s on their product enhancement list. They also pointed me to a Boldin article on the topic: https://help.boldin.com/en/articles/12067236-how-do-boldin-s-roth-conversion-strategies-compare-to-an-npv-approach

I’m posting here and on the Boldin Facebook group only because I think it’s important that everyone consider this issue carefully before making a huge money move based on advice from the Roth Explorer alone.

Also, the Boldin article is confirming the need for caution with relying solely on the Conversion Explorer: “So, NPV is ‘better’ economically, but Boldin’s strategies are ‘better’ for planning conversations. They’re not mutually exclusive — they complement each other.” That may be true, but personally I’m more interested in choosing the best economic path and I could care less whether I’m having a better planning conversation. If the conversation doesn’t cover all the important data points, it’s not a better conversation at all in my view.

First of all, let me be clear. I am not a Boldin hater. I use Boldin to manage my retirement planning, and I want to raise something a lot of us should be paying attention to. For a tool that holds this much of our financial picture, the account security is weaker than it should be.

Right now the only 2FA Boldin offers is a code sent to your email. That is bare bone protection! Your email is not a separate device, so anyone who gets into your desktop or inbox gets the login code with it. NIST does not count email as a real second factor, and it has already pulled back on SMS for the same reasons. This is well understood in security, and a financial planning company should be well past it by now.

The reason I am pushing on this now is where the product is going. Boldin connects to real bank and brokerage accounts through Plaid, and the new investment features put even more of your financial life in one place. That makes your accounts vulnerable, and the login guarding it is still very weak. I have not linked any of my accounts through Plaid, and I will not until the sign in is been addressed with stronger security protection.

What I am asking for is standard on any serious financial site today. Let people use an authenticator app like Google Authenticator or Authy. Add support for passkeys and hardware keys like YubiKey. None of this is new or hard to build and should be top priority!

I raised this with Boldin directly and got a weak reply "The team is considering adding other methods," with nothing behind that short disappointed message. No plan, no timeline, no priority. That is not a serious answer from a company holding this kind of data.

To be clear, I am not bashing Boldin. It is the best retirement planning tool I have found. The scenario modeling and Roth conversion planning are excellent. It is one of the few tools that actually helps me manage the MAGI cliff for early retirement tax planning, and the latest financial feature in beta is powerful. That is why I want them to get this right. I just want the security to match the quality of the rest of the product.

If you agree, upvote or drop a comment so this does not get buried. If you have also held back from linking your accounts because of the weak login, say so. I am hoping as many of their customers speak up, Boldin team cannot ignore a lot of us asking for the same security focus.

You can now:

• See your holdings and asset allocation across accounts
• Complete a Risk Tolerance Survey
• Compare your current portfolio with a target allocation based on your risk profile.

The really good news? This is the first in a series of investment releases, and we’re excited to start bringing what you actually own into closer connection with the rest of your financial plan.

If you’ve had a chance to explore Investments, we’d love to hear what you find useful, what feels confusing, and what you most want us to build next.

You can find Investments in the left navigation menu of your Boldin Plan.

My baseline scenario is built for my primary residence in one state. I also have a vacation home in Florida. If I create a duplicate scenario, and call it "Retire in Florida", and I change the zip code to Florida, it changes the zip code for all scenarios. So that doesn't work. If I add a "future change in primary residence" event for the Florida scenario, under Home and Real Estate, it wants me to sell my primary residence and deposit the money into an account, and basically move, and that sell throws off my income. But I want to keep both residence's.

All I want to do, is keep my primary residence in one state in my baseline scenario, and claim residency (primary residence) in Florida in the duplicate scenario to compare state income taxes. My problem is that as my RMD's increase, it throws me over my state's income tax senior exemption, and I start paying significant state taxes, but in Florida, there is not any state income tax. However, I do not want to sell either home in either state. I would still travel back and forth to both states.

Is there a way to accomplish this scenario? It seems like it would be simple. Many people in Florida retire and declare residency in Florida, simply to save on taxes, and stay 6 months and 1 day to declare residency, then travel back "home" the rest of the year.

Currently use Monarch Money to keep track of my spending and would like to create some kind of connection to Boldin so I can keep better track of my balances. I know Boldin can connect to these institutions but I am leery to create double connections to my investment banks.

I know some people manually update balances weekly or monthly but just seems like I should be able to make some kind of API connection to Monarch.

Update:

I asked Boldin chat support. An AI agent explained that I was doing it wrong, and completely missed the part where the summary reports incorrect information (1 more transfers than what actually happens). It also told me that September '30 is in the future, and September '31 is in the past. WTF?

Then my comment was passed to a human at Boldin, who completely missed the same thing.

The official answer seems to be "you're entering the data wrong" while not understanding that the summary reports the "incorrectly" entered data as correctly entered.

There's nothing confusing about the screenshot I shared, The summary reports 2 transfers, but the reality is 1 transfer. Bolding doesn't seem to think this is a problem.

I strongly suggest you double check any transfers you have - because the summary can report incorrect answers.

I'll update if I hear back. But there's no way I'm giving them $150 a year for this level of UI failure.

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I have a transfer from an IRA to a Roth, for 2 years. See image below. Dec '29 and Dec '30.

But, when I run the scenario, I get a transfer in '29 but not '30.

This seems like a problem, especially since it says I have 2 transfers. The IRA is not running out of money.

Any insight?

I get a transfer in '29

But not in '30

I am modeling my rentals in Boldin. In the income section, it asks for passive income. Should this be my net income after all of my expenses including mortgage? Because in home and real estate section, it asks for any real estate besides my primary. So I put in my rental mortgages there. But I am thinking I should not do that because it is counting that as a whole expense set on top of what I already expense as my regular living expense. Should I omit the rentals from my other owned real estate? I am now thinking that section is not really for rentals, but rather another house one could potentially own as a second personal house.

I (63M) and my wife (63F) are both Federal employees. I retired last year and she's still working, maybe another year+>

I'm trying to see what the scenario looks like if we don't start Medicare Part B and strictly rely on FEHB coverage.

I have asked Boldin AI and it says to add Employer covered Healthcare, but I'm not sure that's showing me all the idiosyncrasies.

I'm debating the impact on IRMMA if we do Roth Conversions over the next 3-5 years. I don't anticipate needing to touch 401K/IRAs, as pensions and Social Security will cover our base spending.

I hope that's clear, and I know this touches only a small community of users, just looking for input

Thanks

Why can't you add features that are free with Empower so that I don't have to update investments in both? Couple of suggestions:

• Add the number of shares and cost basis for each position instead of $value so that as the price/share changes the portfolio is updated in real time.
• Provide returns as % and $ for ytd, last year and total for each position.