How Monte Carlo Works in WealthTraceMonte Carlo analysis estimates how often a retirement plan “works” by running many possible market paths and checking whether the plan runs out of money in any of them.What WealthTrace simulatesFor each simulation, WealthTrace generates a year-by-year set of total returns for every investment in the plan. Returns vary from year to year based on: the investment’s [...]
Article search results for : "Link accounts"
126 ArticlesCan I force an update of my linked accounts during the day?
Linked accounts update automatically every night. However, if you want to refresh the balances and holdings during the day you can do this by re-entering your credentials for the bank or broker. Basically you link the account as if you were linking from scratch. But because the account is already linked, we simply update the balance and holdings at that [...]
I want to see the history of my investment balances over time. How do I view this?
If your accounts are linked, we begin tracking historical data (such as balances, transactions, and account performance) from the day they are linked. You can view historical balances for any linked account as seen [...]
I want to view historical transactions such as deposits, withdrawals, interest, and dividend payments. Where I can see this?
If your accounts are linked, we begin tracking historical data (such as balances, transactions, and account performance) from the day they are linked. You can view transactions for any linked account as seen [...]
How does security work in WealthTrace? How are usernames and passwords stored?
Important points about security, usernames, and passwords in WealthTrace:1) WealthTrace does not store any credit card information. 2) Your WealthTrace password is encrypted in our database so nobody can ever access it. 3) If you link your accounts, WealthTrace does not store your account numbers, usernames, or account passwords. 4) We use a third party () for linking account information. Yodlee [...]
I want to link my accounts and pull in all of the balances and holdings. But for security reasons, I then want to have the auto-update turned off. How do I do this?
You can link accounts and then turn off the updating. Once this is done for an account, the login credentials are deleted from our linking partner, [...]
My asset allocation shows a large amount of cash. This is not accurate. How can I fix it?
With linked accounts, financial institutions may not always send us accurate asset class information. In particular, certain assets will sometimes incorrectly be listed as cash. Check your investments as seen in the screenshot below to make sure that the asset allocation looks correct. You can override incorrect allocations by going to 'Account Holdings' for that [...]
Where do I tell the program that I own tax-free-interest municipal bonds?
You can add an account that has tax-free interest bonds in it as seen in the first screenshot below. If it's a linked account and the 'Account Type' did not come in correctly, you can edit it as you see in the last screenshot [...]
How often do my linked accounts update?
Linked accounts update each night with the closing day's investment balances and holdings [...]
I have a linked account that was placed in the wrong section. It is a traditional IRA, but it shows up in the Taxable & Tax-Advantaged section. How do I move it?
You can move a linked account that appears in the wrong section. For example, a traditional IRA that shows up as a 'Taxable' account in the Taxable & Tax-Advantaged section. The screenshot below shows you how to do [...]