Spending, housing, and goals
Edit One-time & Periodic Goals & Expenses
Schedule a one-time or periodic cash need in a calendar year and choose whether its amount is stated in today’s dollars.
Go to One-time & Periodic Goals & Expenses
Use this editor for dated or periodic cash needs
A vehicle, renovation, major trip, family gift, wedding, or other dated commitment belongs here when it is not part of the recurring lifestyle budget. Give the event a recognizable name so the Projection row explains why cash changed in that year.
Goal and Expense are reported with different labels, but both create a cash need in the scheduled year. The type does not reserve a separate account or guarantee the money will be available.
The first year anchors the schedule
Enter the first calendar year when the event should occur and the amount expected for that event. Repeats every (years) defaults to 0 for a single occurrence. Enter 10 to repeat every ten years. Keep the original first year: a 2020 purchase repeating every ten years occurs in 2030, 2040, and so on even if the plan now starts after 2020. Because the model is annual, the event is placed in the corresponding projection year rather than on an exact day.
Turn Adjust for inflation on when the amount is expressed in today’s dollars. Leave it off when the amount is already the intended nominal amount for that future year, such as a fixed contractual payment.
Test uncertain timing and amount without hiding the range
For a material but uncertain goal, create What-if scenarios with a reasonable earlier or larger case and a later or smaller case. Repeatedly editing the Home plan to one precise estimate can hide how sensitive the retirement decision is to timing.
Do not also include the same event inside Annual Spending or an incoming transfer. If a property purchase or sale is being modeled, use the supported property fields so value, debt, costs, and proceeds remain connected.
Follow the event into funding, withdrawals, and taxes
After saving, open Projection at the scheduled year. Confirm the displayed amount, inflation treatment, funding account, additional withdrawal tax, and any later effect on reserves or restricted assets.
A successful projection does not mean the goal is funded in a legally separate account. It means the modeled household found enough supported cash under that scenario. Review liquidity and real transaction constraints before acting.