How does goalgamiPro handle recurring goals?

Recurring goals are future expenditures that occur periodically or repeatedly.  Recurring goals leverage the notion of three goal levels, but also contain a start date, end date, and frequency.

The cost of a recurring goal on the Household Balance Sheet is determined by calculating the NPV of the future monthly cash flows from the start date to the end date of the goal.

Recurring goals are assumed to exist regardless of the life expectancy of the household and as such are treated the same way on the Household Balance Sheet regardless of life expectancy method selected. The rules for the present value calculation are defined follows:

Start Date	Start date entered or current date whichever is later.
End Date	End date entered.
Present Value Method	Net Present Value (NPV) is used.
Survival Probability	Survival probability not applied.
Discount Rates	Necessary, Target, and Aspirational Amount Goal Discount Rates. See Goal Discount Rates section for more information.
Tax Treatment	Cash flows are considered after-tax. No adjustment made for taxes.