Tracking Progress

Knowing how well your assumptions have played out in the past is among the most important and most educational tools you have for gaining financial insight. How can you ever know where your going if you don't know how you got here?

The following topics will be covered in this Guide:

  1. Making Progress Updates
  2. Viewing Individual Account Progress

Making Progress Updates

You can track how your investments perform against the growth assumptions you’ve made. As soon as you start tracking your Progress, a green area is layered onto your Trajectory — the longer you track it, the more evident this area becomes (as shown below):

Progress

Also, once you begin tracking Progress, a gray dotted line is “projected” into your future. This line gives you some idea how market conditions MIGHT affect the outcome of your Trajectory — but don’t read too much into it. Projected Progress is highly susceptible to market fluctuations. In fact, it's yet one more reminder how significant even small variations can be when compounded over large periods of time.

As you can see in the graph below, the small difference at Age 41 represents about $70,000 by Age 90:

Projected Progress

To update Progress, enter the total current balance of all of your Accounts and click the Save Update button.

Update

The amount will be added for the date Date: selected (by default, the current date — but it be changed to any date within your Trajectory).

Date

Updating Progress by Account

Click "Update Balances by Account" on the Accounts & Taxes tab to enter individual account progress amounts:

By Account

A pop-up window with your accounts is displayed. Values entered will automatically be totaled and placed in the Progress field as discussed above.

Summary

Tracking progress is a handy way to judge the validity of % Growth assumptions of each of your Accounts. Compare this amount to the real-world value of your accounts — if it is VASTLY different, you may need to tweak the % Growth of that account. Don’t get too concerned about small fluctuations, because that’s just how the market works. In fact, the reason we display Projected Progress is so you can see the effects of market fluctuations without having to adjust your % Growth each time markets become volatile.

To view all of the Progress updates you've previously entered, go to the History tab, shown below:

History

If you make a mistake updating your Progress, just click the Delete Icon next to that entry, and it will be removed.