The use of different dates (Earliest, Target, Latest Date) comes into play only for one time (lump sum) goals. All the dates are used to calculate the cash flow. The reason for the different dates is to calculate the impact of time and effort on one time goals. Using all three dates, a continuous solution is created. An incremental amount will appear for the lowest goal priority level on the Household Balance Sheet if an earliest date is entered that is different than the target date. To avoid having an incremental amount for the lowest goal priority level, set the earliest date equal to the target date.
Articles in this section
- How are 529 accounts evaluated in the Cash Flow Planner?
- How are rates of return calculated and applied in the Cash Flow Planner?
- How does the Cash Flow Planner differ from the Household Balance Sheet?
- Why does the Cash Flows screen include projections for all future years while the “How Do I Pay for My Retirement?” section of the Goal Achievement Report covers only the household’s retirement years?
- What does the Cash Flow Planner do with anticipated savings and anticipated benefits?
- Complete Cash Flow Planner User Guide
- I can enter different dates (Earliest, Target, Latest Date) for a one-time goals when calculating the Balance Sheet. What date does it use to calculate the cash flow?
- Why does my starting value on the “Account Balances by Year based on funding your goal” sometimes differ between charts?
- How can the Cash Flow Planner help me?
- What should I do if my client has a deficit?