Output Data

Output Data

Do you love data? Are you, in fact, a data junkie? If so, select Output Data from the main Menu to launch a new page with five primary tabs. The tabs are labeled Incomes, Expenses, Accounts, Drawdowns and Grand Total. Selecting a tab displays a table view of relevant data for the current scenario. Amounts are shown in either today’s or tomorrow’s dollars based on the setting of the radio buttons in the upper right-hand corner of the page.

The following topics will be covered in this Guide:

  1. Incomes Tab
  2. Expenses Tab
  3. Accounts Tab
  4. Accounts Tab — Default Account
    Accounts Tab — Tax-Deferred Accounts
    Accounts Tab — Annually-Taxed Accounts
  5. Drawdowns Tab Tab
  6. Grand Total Tab
  7. Metrics for Year

1. Incomes Tab

Show Data

This tab contains data relevant to the Income item table and displays the following columns:

2. Expenses Tab

Show Data

This tab contains data relevant to the Expenses item table and displays the following columns:

Show Data

Clicking Accounts displays subordinate tabs for each account defined in the Accounts & Taxes table along with an Account Totals tab. Selecting a subordinate tab displays details corresponding to that account in a tabular view on a year-by-year basis.

The contents of each subordinate data table varies somewhat, depending upon the terms relevant to a particular account type and its tax handling (i.e. whether it is a tax-deferred account or not). There are 3 account types outlined below:

Your Default Account is the top-most account in your account list and where your positive cashflow accumulates by default. This is also the account that receives dispersals such as RMDs or rollover funds from other accounts. It displays the following columns:

This is any account with an Investment Tax 'Type' of Tax-Deferred, Tax-Deferred (gains only), or Tax-Exempt. Typically, these are accounts like 401ks, 403bs, IRAs, etc. Tax-Deferred accounts display the following columns:

This is any account with an Investment Tax 'Type' of Tax-Annual. Typically, these are accounts like Checking, Savings, or even Brokerage accounts depending on trading frequency. The following columns are shown for these types of accounts:

4. Drawdowns Tab

Show Data

Unlike other tables that displays data for each year, this table displays a row every time a drawdown from an Account occurs — as a result there could be multiple entries for some years, and for others, none at all. The following columns are displayed:

For more information on Drawdowns, see the guide

5. Grand Total Tab

Show Data

This table shows an integrated summary of all Income, Expense and Account items. The following columns are displayed:

Gross (pre-tax) Total Income
+ Other Contributions
- Taxes on Income
- Taxes on RMDs
- Taxes on Tax-Deferred Withdrawals
+ Gains
- Taxes on Annual Gains
- Expenses
- Inflation Devaluation

Note: The Total may be plus/minus a dollar due to rounding values for Today's versus Tomorrow's dollars.

  • Tracked Progress — If you have entered Progress values, this is the progress amount at the end of the year.
  • Progress Growth — If you have entered Progress values for the particular year, the percent increase/decrease from tracked Progress for the previous year.
  • Variable Spending Approach — This is an informational column showing what your spending would be for a given year should you use a variable spending approach based on the amount of assets from the previous year. A common approach is to use 4%. If you would like a different amount displayed, go to Menu / Interface Options and change the "Default Variable Spending Approach" value.
  • 5. Metrics for Year

    This section displays a few interesting Metrics associated with the year you are currently in. The following are displayed: