Linked Accounts

Class	Type	Name	Value

Goals

Spending

Report

Forecast

FIRE Status

Investment

Portfolio

Debt Free

Cash Flows

Scenario

Simulation

Wealth as of today
Cash		Credit card
Trading account		Loan
401k, IRA, HSA		Other debts
Pension account		Total debts
Other assets
Total assets		Net worth

Budget of the next month
Salary		Contribution
Passive income = Property income + Pension & benefit (financial asset withdrawn is not included)		Total income
Essential outflow		Cash savings
Discretionary		Total savings

50/30/20 Spending Rule


flows into	Needs	Wants	Paying debts	Savings
Amount
%
50/30/20 Rule	≤50%	≤30%	≥20% combined

Your financial outlook

Net worth tracking

Budget tracking

Asset allocation

Projected net worth

On track for retirement

Forecast assumptions

Retire in

Re-assign the goal (drag & drop)

Long Term Goals

Milestones

Foundations

Unassigned

Goal

To self-insure for -month zero income:

Essential cash outflow in the next 6 months

Loan payment
Essential living expense
Total essential cash outflow

Solvency & Liquidity

Current emergency fund available
Sustainable months without any cash income
Additional emergency fund recommended
Emergency fund + marketable securities
Emergency fund + credit line
Emergency fund + credit line + potential home equity
Credit line usage

Smart way to build excellent credit score

	Current	Ideal
Credit card accounts
Credit limit
Credit card balance
Credit line usage
Have installment loan?

Set up score target

More tips for maintaining good score:

Always repay the debts on time, such as setting up automatic payment, and pay off all statement balance.
Don't close the oldest credit card account if it has no annual fee.
Don't open more than 3 credit card accounts within a year.

Tips for boosting score fast:

If you have no credit history or have a bad credit history to be approrved for a credit card, try to apply for secured credit cards first.
If you don't have installment loan on the record, try to apply for a small credit builder loan. There is normally no hard credit inquiry that could lower your credit score.
Reporting utility, rent, phone payments to credit bureau may help credit scores, such as using Experian Boost.

Set up wealth target

Next -month cash outflow

Category \ Priority	ALL	High	Med	Low
Loan payments
Credit card repay
Rent & housing
Utilities & phone
Vehicle, fuel, fare
Essential shopping
Restaurant
Body & health care
Other essential
Total Essential
Other shopping
Recreation & travel
Other discretionary
Total Discretionary
Total Outflow

Considering a spending
Suggested considering time	This is the time it takes to make your net worth grow $ 0. Deferring immdediate pleasures of spending gives your emotion time to fall. Meanwhile you forge a future secured with appreciating wealth and peace of mind.

Future big outflow, over

Next 12-months expenses and the possible cash back if you pay with credit cards

	Amount	Cash Back %	Cash Back Possible
Essential shopping
Restaurant
Recreation & travel
Vehicle, fuel, fare
Other shopping
Utilities & phone
Body & health care
Total

Use this optimizer, we will analyze your spending category and suggest the credit cards to achieve the best cash back rewards.

Note: Actual cash back % and cash back amount may vary due to individual's credit card selection, usage, and eligibility of the actual benefit offered by the credit card issuer.

Insurance & warranty checklist

Risk	Potential Loss	Insured	Risk accepted	Risk managed
Real estate
Property & equipment
Other assets
Identity theft	intangible

Insurance policy list

Insurance Reminder

Consider the monthly installment rather than lump-sum premium for you car insurance? Check the implied interest rates calculated below. If the rate is too high, avoid the installment if possible.

Implied Interest Rate Calcualtor

Pay-in-full amount	Installment: upfront	Installment: future	# of future paymemt	Total installment	Implied interest rate

Consider to insure in higher-deductible policy (so the premium is much lower) if your emergency fund is significantly enough to cover the deductible if the accident happens.
Don't over-pay for coverage more than what you need, the insurance companies can earn all the excess of your premium net of their fixed operating expenses.

Loan list

Refinance benefit

(Click an account name)
Current balance	Cash out
Months remained	New term	months
Old rate	New rate
	Refinance fee
Old payment	New payment
	Pay	less

List of outstanding debts

Debt-free strategy

On the selected debts, if you choose no prepayment,
Instead, if you pay extra every month based on one of the these 3 methods:
Method Avalanche: pay off debts with the highest interest rate first. Snowball: pay off debts with the smallest balance first. Shortest: pay off debts with the shortest maturity first.	Avalanche	Snowball	Shortest
Years to pay off
Total amount paid
Interest saved
Feed into forecast By selecting this, the wealth and budget forecast will consider the prepayment of the selected debts, based on your input prepayment amount, and using the method you select.

Wealth forecast

	Financial assets	Total debts	Net worth
5 years later
10 years later
30 years later

Should I save in 401k, Roth, or trading account?

I am
Tax filing status:
Current retirement fund	(pre-taxed)
Pretax salary	/ year
Self-contribution	of pretax salary
Employer's contribution	(max matched)
After max match, contribute	more
I want to contribute for	years from now
Then, withdraw for	years

Portfolio management fee to save

Account Type	Balance	Yield %	Current Fee %	30-yr Fee to Pay	Ideal Max Fee %	30-yr Fee to Save

Investment Reminder

Don't invest like all-in gambling, placing more than 10% of total investment on single company's stock (and its corporate bond).
Bonds are not always stable alternatives to stocks. Long-term bonds may have significant interest rate risk, and high yield bond may have significant credit risk.
You can quantify more risks of bonds, stocks, and multi-asset portfolio with Portfolio Risk Assessment tool.
Investments with "long-term guaranteed return", higher than the US 10-yr treasury rate + 3%, should be considered cautiously. They could be insustainable or fraudulent statement.
Option or futures trading is a zero-sum game. No abnormal returns can be expected in long run.

Mortgage Loan

Purchase price		Down payment
Loan term	years	Mortgage rate

Affordability

Annual income

Monthly debt payment

To Buy or Rent

Buy:	Purchase price
	Purchase for at least	years before resell
Rent:	Monthly rent

Refinancing

Current Mortgage		New Loan
Original date
Original amount
Loan term (years)
Mortgage rate
Property value
Cash out
Refinance fee

Auto Loan

Car price
Trade-in car value		Down payment
Loan Term (months)		Interest rate

Electric or Gas

	Electric	Gasoline
Purchase price
Electric / Fuel price	/kWh	/gallon

Refinancing

Current Loan		New Loan
Original date
Original amount
Loan term (months)
Interest rate
Refinance fee

Review the hours spent a day

Task	Weekday	Saturday	Sunday	1-week total
Sleep
Personal care
Cooking & eating
Work & commute
School & learning
Family activity
Friend & socializing
Shopping
Chore & errand
Exercise
Spiritual
Free hours left

Project Name

Project list

Name	Edit

Cash Flows Benefit example: salary increased (compared with current salary), business income generated from this project. Cost example: tuition, training cost, initial and ongoing operating expense of business, the lost income in current job, if any, due to the "time" (not "money") spent on achieving this project (for example, 4-year lost time due to full-time enrollment in college). Note: Do not include cash flow from financing activitiy, such as the fund received (from the bank, sponsor, or your own fund), and the payment for the loan or interest. The financing activitiy will be considered implicitly when you fill in "Fund Source" section so you should ignore these cash flows here.	Benefit	Cost
Up-front
1st-year
2nd-year
3rd-year
4th-year
5th-year
Further every year
, with growth rate
, until the end of	th-year.
Present value
Fund Source	Amount	Interest rate
Bank loan
Sponsor		The yield expected from your sponsor or asked by your sponsor in an investment contract, 7 ~ 10% is normally considered a fair assumption if your sponsor has not asked for a fixed percentage of return.
Own fund		The yield to expect if you put your money in another investment or project, such as investing in stock market or real estate. 7 ~ 10% is normally considered fair assumption.

Summary
Total cost
Cost of capital Weighted average interest rate of fund source
Net present value (NPV) =present value of benefit - present value of cost. NPV > 0 means this project is financially valuable to pursue. The higher the number, the more monetary value you can earn through this project. However, risks (the uncertainty of cost and benefit) should also be considered cautiously.
Profitability index (PI) PI > 1 means this project is financially valuable to pursue. The higher the better. However, risks (the uncertainty of cost and benefit) should be considered cautiously.
Breakeven at the	th year

Cash Inflow and Outflow Over Time

Financial Projection

Chart items explained:

1. Net cash flow = Salary + Passive income + (Debt payment + Essential exp + Discretionary exp)

2. Passive income = Property income + Pension & benefit - Estimated tax on pension, 401k, IRA, HSA withdrawal

* Salary after the target retirement date will be zero, even the salary end date on Budget page is after the target retirement date.

** Salary and passive income can be negative, for example, when more tax is paid at that moment.

Chart items explained:

1. Net worth growth = Fin. asset growth + Real estates growth + Debt reduced + Other change

2. Fin. asset growth = Cash savings + 401k, IRA, HSA contribution + Investment income + (Fin. asset withdraw + Fin. asset deficiency); Fin. asset withdrawn happens when cash income is not enough to cover outflow (negative net cash flow). Withdrawal starts from deducting cash, then trading account and finally 401k, IRA, HSA; Fin. asset deficiency happens when no more Fin. asset is available to withdraw at that time.

3. Transitioned from "Cash flow" chart, positive Net cash flow become Cash savings; negative Net cash flow is funded by Financial asset withdrawn, or become Financial asset deficiency if no financial asset available.

4. Other change: pension contribution + appreciation & depreciation of other assets.

Chart items explained:

Financial assets = Cash + Trading + 401k, IRA, HSA

* Cash can be negative if you run out of financial assets. It will be equivalent to debt and incur higher interest.

show prior

Age

Stock performance start from

Salary growth

+0%

+1%

-1%

Inflation

+0%

+1%

-1%

Simulated by Age

The Distribution

At the age of
Expected value
10th-percentile
50th-percentile
90th-percentile

Sensitivity test	in 1 month	in
if stock return	shocks down	shocks down
if inflation rate	adds more	adds more

Confidence level

The probability that financial assets will be within the upper and lower bound showed below. The higher the level, the wider the confidence interval.

Target Retirement Date
countdown to retirement!

On the retirement date:
Net worth
Financial assets:
Cash
Trading account
Pretax 401k, IRA, HSA
After-tax 401k, IRA, 529 plan
Pension value
Outstanding debts

1st year retirement situation:
	1st year	monthly
Total cash outflow
Debt & interest payment
Essential expenses
Discretionary expenses
Financial asset withdrawn
Passive income = Property income + Pension & benefit - Estimated tax on pension, 401k, IRA, HSA withdrawal
Withdrawal percentage
Yield on financial assets

Asset Weight by Investment Phase

	Current	Phase I	Phase II	Phase III
Start Date
Trading
Stable
Bonds
Stocks
Riskiest
Total weight
Total yield
Dividend
401k, IRA, HSA
Stable
Bonds
Stocks
Riskiest
Total weight
Total yield
Dividend
Trading, 401k, IRA, HSA
Total yield
Dividend

Cash holdings

When your cash holdings is below "min", the trading account will be withdrawn to cover insufficient cash; when cash is over "max", the excess cash will be re-invested in trading accounting. These threshold are applied in all phases.

min

max

Annual Investment Yield

Total yield, including capital gain, interest, and dividend, is critical input for forecast. Dividend yield (like bond interest and stock dividend) is optional input and it is part of the total yield.

The recommended yield:

Total Dividen

Stable 2% ~ 4% 2% ~ 4%

Bonds 4% ~ 7% 2% ~ 6%

Stocks 6% ~ 10% 1% ~ 3%

Riskiest 8% ~ 12% 0% ~ 2%

	Trading Account		401k, IRA, HSA
	Total	Dividend	Total	Dividend
Stable
Bonds
Stocks
Riskiest

	Current	Phase I	Phase II	Phase III
Start Date
Net worth
Cash
Investment
Stable
Bonds
Stocks
Riskiest
Capital gain
Dividend
Total income
Risk Namely volatility. This is concise estimate based on typical volatilities of those 4 asset classes. For more complex estimate, you can use Portfolio Risk Assessment tool.
Chance Set a probability of market drawdown to prepare for risk management. The lower probability (more conservative), the investment loss can be worse .
% loss can be
$ loss can be

Current

	Allocation	Yield	Annual return	Return weight
Cash
Stable
Bonds
Stocks
Riskiest
Total Portfolio namely financial assets, includes: cash, trading accounts, 401k, IRA, HSA
Passive Income = Property income + Pension & benefit
Investment Return & Passive Income

In

	Allocation	Yield	Annual return	Return weight
Cash
Stable
Bonds
Stocks
Riskiest
Total Portfolio
Passive Income = Property income + Pension & benefit - Estimated tax on pension, 401k, IRA, HSA withdrawal
Investment Return & Passive Income

Analysis

	year		month
Birth		-
Show timeline by age
Show tour icon
Show currency flag

Annual growth

Salary
Property income
Pension & benefit
401K contribution

Annual inflation

Rent & housing
Utilities & phone
Vehicle
Essential shopping
Restaurant
Body & health care
Other essentials
Personal shopping
Recreation & travel
Other discretionary
Note: The growth or inflation rates are not applied in the first year of the forecast.

Retirement Schedule

Target date

Post-Retirement

Extra Expense Per Month (+/-)

Rent & housing
Utilities & phone
Vehicle
Essential shopping
Restaurant
Body & health care
Other essentials
Personal shopping
Recreation & travel
Other discretionary
Note: In addition to the inflation you input in Budget growth, the extra expenses listed above will be further added to the post-retirement expenses projection. They are not adjusted by the inflation.

$0K

Net Worth

$0K

Assets

$0K

Debts

$0K

Emergency Fund

$0K

Cash

$0K

Investment

$0K

Real Asset

$0K

Other Asset

$0K

Debt

Cash in hand has no interest. You can keep Growth (%) blank or enter 0.

1. Use the name you can recognize, no need to input full account number.

2. Growth (%) is the annual interest rate of the account.

1. Each category weight will be automatically adjusted, based on your any input (either in dollar or in percentage), to make total 100 (%).

2. Example of each category:
- Stable: cash, money market fund, stable value fund, CD, Treasury bill
- Bond: government, corporate, high yield bond
- Stock: preferred stock, common stock, REIT
- Riskiest : cryptocurrency, commodity, derivatives, other alternative investment

1. Each category weight will be automatically adjusted, based on your any input (either in dollar or in percentage), to make total 100 (%).

2. Example of each category:
- Stable: money market fund, stable value fund, CD
- Bond: government, corporate, high yield bond
- Stock: preferred stock, common stock, REIT
- Riskiest : cryptocurrency, commodity, derivatives, other alternative investment

1. If you have annuitized the pension (meaning you're receiving regular pension payout), there is no cash value (zero balance).

2. The Growth (%) of your pension cash value is the plan's credited rate in the statement. 2% ~ 4% can be a good guess for the future.

Not all insurance policies have cash value. If not showed in your policy statement, just input zero.
Some property insurance (such as car, home insurance, or warranty contracts) have an unearned (by the insurer) portion of the premium you have paid. If you terminate the policy, you may be eligible of a refund of that portion after deducting the fee.

For example, if your paycheck is $1000 every 2 weeks, and you have worked 4 days (not paid yet), you can input:
$1000 pay per period,
10 working days (2 weeks x 5 days),
4 earned, unpaid days.
Then, the receivable will be automatically calculated.

Growth (%) is the annual interest rate (%) you are eligible to get

1. Value ($) is the market value of the property. Don't subtract the mortgage balance from the value input.

2. Growth (%) is the expected annual appreciation (inflation) of your property. Long term average rate in the U.S is about 3 ~ 4%

Check home value by

1. Current value is automatically calculated based on the cost and lifespan remained. We use Straight Line Method to calculated the property value after depreciation.

2. If you don't remember the cost or the purchase date, you can input current value as Cost, today_wealth as Purchase date, and the remaining lifespan as Lifespan.

Check current car value by

Past yield (%) is the annualized return calculated based on the purchase cost and current value. It can be an estimate for future yield. However, some valuables may have ceiling value in the long term, so we recommend to input a conservative future yield.

If you always payoff the statement balance, you can input 0% interest rate (APR) and owe zero interest payable.

1. Once the loan features are filled, the loan balance will be automatically calculated every month. You don't need to manually maintain the numbers, unless the interest rate changed, or you made prepayment so the balance is reduced.

2. If the loan is not installment (such as a loan from family or friends with no fixed monthly payment), or not scheduled to repay soon (such as student loan still in grace period), you can place it in "Other debts" category instead.

1. Balance is the current amount owed, including accumulated interest.

2. Growth (%) is the annual interest rate (%) levied on the debt.

Total asset

Total debts

Cash Income

Contribution

Essential Outflow

Discretionary Expense

Saving Summary

Monthly

Cash Flows

Planned

Actual

Salary

Salary (actual)

Property income

Property income (actual)

Pension & benefit

Social security calculator by SSA

Pension & benefit (actual)

Cash income

Credit card interest

Credit card interest Credit card interest list is retrieved from "Credit card debts" of Wealth tab. If the debt feature changed, you can click this "Edit" button, and then the debt interest will be refreshed automatically after your editing.

If the start date is not specified, it means it has started.
If the end date is not specified, it means to occur perpetually after the start date.
If you select "one-time" in the frequency, the start date (incurred date) is required .

Credit card interest (actual)

Loan payments

Loan payments Loan payment list is retrieved from "Loan balance" of Wealth tab. If the loan feature changed, you can click this "Edit" button, and then loan payments will be refreshed automatically after your editing.

Loan payments (actual)

Rent & housing

Rent & housing (actual)

Utilities & phone

Utilities & phone (actual)

Vehicle, fuel, fare

Vehicle, fuel, fare (actual)

Essential shopping

Essential shopping (actual)

Restaurant

Restaurant (actual)

Body & health care

Body & health care (actual)

Other essential

Other essential (actual)

Other shopping

Other shopping (actual)

Recreation & travel

Recreation & travel (actual)

Other discretionary

Other discretionary (actual)

Cash outflow

Pretax 401k, IRA, HSA

Pretax 401k, IRA, HSA (actual)

Pretax pension contribution

Pretax pension contribution (actual)

After-tax 401k, IRA, 529 plan

After-tax 401k, IRA, 529 plan (actual)

Cash & res. income

Cash income

Cash outflow

Essential outflow

Discretionary outflow

Cash savings

Personal saving

Contribution

Interest rate of all debts
Monthly interest charge
Credit cards interest
Loans interest

	Total	Dividen
Stable	2% ~ 4%	2% ~ 4%
Bonds	4% ~ 7%	2% ~ 6%
Stocks	6% ~ 10%	1% ~ 3%
Riskiest	8% ~ 12%	0% ~ 2%

Linked Accounts

Wealth as of today

Budget of the next 1 2 3 6 9 12 months

50/30/20 Spending Rule

Your financial outlook

Net worth tracking

Budget tracking

Asset allocation

Projected net worth

On track for retirement

Forecast assumptions

Re-assign the goal (drag & drop)

Long Term Goals

Milestones

Foundations

Unassigned

Goal

To self-insure for -month zero income:

Essential cash outflow in the next 6 months

Solvency & Liquidity

Smart way to build excellent credit score

Set up score target

More tips for maintaining good score:

Tips for boosting score fast:

Set up wealth target

Next 1 2 3 6 9 12 -month cash outflow

Future big outflow, over $100 $250 $500 $1000 $5000

Next 12-months expenses and the possible cash back if you pay with credit cards

Insurance & warranty checklist

Insurance policy list

Insurance Reminder

Consider the monthly installment rather than lump-sum premium for you car insurance? Check the implied interest rates calculated below. If the rate is too high, avoid the installment if possible.

Consider to insure in higher-deductible policy (so the premium is much lower) if your emergency fund is significantly enough to cover the deductible if the accident happens.

Don't over-pay for coverage more than what you need, the insurance companies can earn all the excess of your premium net of their fixed operating expenses.

Loan list

Refinance benefit

(Click an account name)

List of outstanding debts

Debt-free strategy

Wealth forecast

Should I save in 401k, Roth, or trading account?

Portfolio management fee to save

Investment Reminder

Electric

Gasoline

Review the hours spent a day

Project list

Cash Flows

Benefit

Cost

Fund Source

Amount

Interest rate

Summary

Cash Inflow and Outflow Over Time

Financial Projection

Financial Assets Net Worth Simulated by Age

The Distribution

Target Retirement Date countdown to retirement!

Asset Weight by Investment Phase

Current

In

Analysis

Annual growth

Annual inflation

Retirement Schedule

Post-Retirement

Extra Expense Per Month (+/-)

Cash in hand has no interest. You can keep Growth (%) blank or enter 0.

1. Use the name you can recognize, no need to input full account number. 2. Growth (%) is the annual interest rate of the account.

1. If you have annuitized the pension (meaning you're receiving regular pension payout), there is no cash value (zero balance). 2. The Growth (%) of your pension cash value is the plan's credited rate in the statement. 2% ~ 4% can be a good guess for the future.

For example, if your paycheck is $1000 every 2 weeks, and you have worked 4 days (not paid yet), you can input: $1000 pay per period, 10 working days (2 weeks x 5 days), 4 earned, unpaid days. Then, the receivable will be automatically calculated.

Growth (%) is the annual interest rate (%) you are eligible to get

1. Value ($) is the market value of the property. Don't subtract the mortgage balance from the value input. 2. Growth (%) is the expected annual appreciation (inflation) of your property. Long term average rate in the U.S is about 3 ~ 4%

Past yield (%) is the annualized return calculated based on the purchase cost and current value. It can be an estimate for future yield. However, some valuables may have ceiling value in the long term, so we recommend to input a conservative future yield.

If you always payoff the statement balance, you can input 0% interest rate (APR) and owe zero interest payable.

1. Balance is the current amount owed, including accumulated interest. 2. Growth (%) is the annual interest rate (%) levied on the debt.

Salary

Salary (actual)

Property income

Budget of the next month

Next -month cash outflow

Future big outflow, over

Simulated by Age

Target Retirement Date
countdown to retirement!

1. Use the name you can recognize, no need to input full account number.

2. Growth (%) is the annual interest rate of the account.

1. If you have annuitized the pension (meaning you're receiving regular pension payout), there is no cash value (zero balance).

2. The Growth (%) of your pension cash value is the plan's credited rate in the statement. 2% ~ 4% can be a good guess for the future.

For example, if your paycheck is $1000 every 2 weeks, and you have worked 4 days (not paid yet), you can input:
$1000 pay per period,
10 working days (2 weeks x 5 days),
4 earned, unpaid days.
Then, the receivable will be automatically calculated.

1. Value ($) is the market value of the property. Don't subtract the mortgage balance from the value input.

2. Growth (%) is the expected annual appreciation (inflation) of your property. Long term average rate in the U.S is about 3 ~ 4%

1. Balance is the current amount owed, including accumulated interest.

2. Growth (%) is the annual interest rate (%) levied on the debt.

Credit card interest Credit card interest list is retrieved from "Credit card debts" of Wealth tab. If the debt feature changed, you can click this "Edit" button, and then the debt interest will be refreshed automatically after your editing.

Loan payments Loan payment list is retrieved from "Loan balance" of Wealth tab. If the loan feature changed, you can click this "Edit" button, and then loan payments will be refreshed automatically after your editing.