If I have a 24-month CD earning 4.5%, but assume that it will be reinvested at a lower rate (say 2.5%) when the original CD matures, how do I model this?

The way to handle this is to model each CD as an Additional Cash Inflow instead of an investment. In the screenshot below we modeled a CD with a 4.5% yield that matures in two years (at age 60 for this person). The amount that is paid out is then reinvested into a 2.5% CD for four years. Note that the way this is modeled assumes no interest payments on the CD. The interest is compounded and [...]

I entered $40,000 for my Social Security payment. Because my COLA rate is equal to my inflation rate, in today's dollars I expected Social Security next year and the years after to be $40,000. But it's slightly less. Why?

Because the projection is showing a year-end value. By year end, one full year of inflation has occurred, which reduces the purchasing power of this year’s Social Security benefit. But the next COLA increase does not apply until January. So at year end, your Social Security benefit is temporarily worth slightly less in today’s dollars, even when the long-term COLA assumption matches inflation. [...]

Are dividends and capital gains taxed at the long-term rate?

WealthTrace assumes the long-term tax rate for dividends and capital gains. Note that WealthTrace takes into account the tax brackets to accurately calculate your tax rate for dividends and capital gains and even calculates if you will pay the Net Investment Income Tax (NIIT). src="https://cdn.livehelpnow.net/clients/21145/kb/cg2_d223a253-fef6-4ed9-b4f6-0ef18ed39a9c.png" [...]

Where do I generate a report and export it?

Go to the Report section to generate a report and export it. You can export to a pdf file, Excel, csv, TIFF, or a web archive file. You can also write custom notes that will appear on the first page. If you are using the financial advisor version you can create custom reports where you choose the pages to show and the order they appear. [...]

I want to add an expense for a car that occurs every 7 years. How do I do that?

You can add an expense that occurs every few years in the Goals & Additional Expenses section using the dropdown for 'Recurrence For Expense' as seen in the screenshot below. src="https://cdn.livehelpnow.net/clients/21145/kb/recur3_bd43a48d-cd12-427b-ba43-25c08484ba32.png" id="f32ccbed-1f8d-4de3-afda-f53a6611a15e" alt="recur3" width="90%" height="auto" [...]