Learning Center

Annuity Income represents the annual amount of payouts you should receive from the company you purchase an annuity from.

A bequest is money intended to be given upon death to a person or entity other than the surviving spouse. A bequest is entered in Settings > Estate 

Discretionary spending includes all spending other than taxes and Fixed Spending. It is money available to spend on food, travel, clothes, entertainment, etc.

The Federal Insurance Contributions Act (FICA) is a federal law requiring employers to withhold three separate taxes from your wages: a 6.2% Social Security...

Fixed spending, sometimes referred to as "off-the-top" spending, includes housing expenses, special expenses, retirement account contributions, an...

Equity reflects the difference between the value of the home and the outstanding amount owed on the mortgage. If your home is valued at $200,000 and you hav...

Income from labor, pensions, annuities purchased apart from retirement accounts, and Social Security.

Per Adult Living Standard is the annual amount of household discretionary spending that is needed on a per adult basis for this adult to have the equivalent...

Interest income earned on Regular Assets. You can adjust the rate of return on Regular Assets under 'Settings and Assumptions.'

The money you've saved or invested in checking, savings, and investment accounts. Regular Assets do not include money in Retirement Accounts.