Sorry, I didn't phrase the question very well.

If I don't specify Withdraw all Distributions, but instead specify an Automatic Withdrawl will the Time Machine first reinvest the distributions, and then sell to cover the withdrawl?

Or will it reduce the Automatic Withdrawl amount by the distributions, and then sell to cover the balance?

While obviously both scenarios will incur taxes on the distributions, scenario one will incur more capital gains than scenario two.

Congrats on a great app.

I have worked out that I get the best results (at least as measured by Liquid Legacy) when I specify "Withdraw all Distributions" from my Non-registered accounts.

But I can't really replicate this using any value of Automatic Withdrawls.

Is this due to different tax treatments of the two options? How are distributions (versus sales causing capital gains) treated during Automatic Withdrawls?

Of course! Thanks.

Using Automatic Savings and Withdrawals I have successfully got the Tiime Machine to include TFSA deposits for next calendar year and beyond. But I can't seem to get it to include the deposit for the current calendar year...what am I missing?