Quicken 2016 conversion to Quicken 2019 Lifetime Planner

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Am a Quicken user since 1996.  Recently changed from Quicken 2016 to Quicken 2019 (subscription based).  My file is currently 1 GB in size.  (sure would be nice to be able to purge old attachments).

Prior to the conversion, due to stock market issues, the Quicken Lifetime Planner in 2016 indicated I would not make it through to my end of retirement (aka... death).  It was at this time I converted to Quicken 2019 and to my surprise (on the same day as conversion, without market updates), not only would I make it to end of retirement now, but pretty easily.

So my faith in Lifetime Planner is now called into question.  Were there changes to the Planner between 2016 and 2019 I've missed out on, or is there a problem with the conversion?  Which is right??
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Craig Vorwald

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Posted 2 weeks ago

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markus1957, SuperUser

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There were some changes to the RMD calculation.  As for purging attachments, it's an all or nothing option in File>File Operations>Copy.
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Craig Vorwald

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Since I will have been taking the RMD each year as required (or more), do you think it could account for what I am seeing?  Thanks for your assist...
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markus1957, SuperUser

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Hard to know without seeing what you're seeing.  The RMD change set the withdrawal schedule to coincide with the IRS tables. This resulted in a lower annual withdrawal rate, but should not have significantly affected whether you run out of funds sooner. An excess withdrawal in the old planner should have flowed to your taxable accounts minus any associated additional taxes owed.

In any case you may want to follow the thread below. Also, I would encourage you to review the planner assumptions and verify they are set as you see appropriate for your estimate.  Be sure it's not killing you off sooner than planned :-).  I'm retired but not at the RMD stage yet. In my case the planner seems to be providing a reasonable estimate based on the inputs.

https://getsatisfaction.com/quickencommunity/topics/lifetime-planner-bug-and-idea-list-make-yourself...