I am between 59-1/2 and 70. I am looking for software that can easily perform what-if analysis - in particular, with regards to balancing long term capital gains I may choose to take vs early IRA withdrawals. I want to maximize early IRA withdrawals while keeping my tax liability near zero.
In general, the quick online calculators, and some of the Turbo Tax options I have looked at are not convenient in so far as you generally have to run through a long series of questions for each case you want to run. The calculators do not generally remember your previous responses.
I want something that I can set up a base case with (entering all personal information and running through all the various questions regarding deductions, rental income, dividends, capital gains, and IRA withdrawals ONCE). I then want to run cases where, for example, I vary only the IRA withdrawals. I do not want to run through all the base case questions again for each case.
Does TurboTax have a product that can easily do this type of what-if analysis?
