Budget Management
Financial Advise: Budget Management
This example shows how to improve a couple's Financial Score, which measures the percent of the time they don't have a cashflow deficit through the rest of their lives.
The couple wishes to improve their retirement situation by adjusting their living expenses by 10%, seek a 9% average return in their savings, secure a lower (5.7%) interest rate on their home mortgage, improve the Primary's income by 10%, and lower the retirement age of Primary to 60, and of Spouse to 50.
Select the Financial Advisor:
This invokes the Financial Advisor interface, which in this case shows the Joint tab strategies, preselected with the choices specified above:
Selecting the Primary and Spouse tabs, and the appropriate slidebars will allow you to specify the remaining financial strategies. Click Apply to see the effects of your choices graphically.
This example shows how to improve a couple's Financial Score, which measures the percent of the time they don't have a cashflow deficit through the rest of their lives.
The couple wishes to improve their retirement situation by adjusting their living expenses by 10%, seek a 9% average return in their savings, secure a lower (5.7%) interest rate on their home mortgage, improve the Primary's income by 10%, and lower the retirement age of Primary to 60, and of Spouse to 50.
Select the Financial Advisor:
This invokes the Financial Advisor interface, which in this case shows the Joint tab strategies, preselected with the choices specified above:
Selecting the Primary and Spouse tabs, and the appropriate slidebars will allow you to specify the remaining financial strategies. Click Apply to see the effects of your choices graphically.