Contributions
You have the ability to make 2 types of contributions in the Planner; Standard Contributions and Income Linked Contributions.
Income Linked Contributions
Best For
Contributions that are deducted from your paycheck
An employer match
Contributions that you want to occur no matter what
Where can I add Income Linked Contributions?
Where can I edit and delete Income Linked Contributions?
How do Income Linked Contributions Increase Over Time?
When using the Percentage option, income linked contributions increase based on your income growth rate assumptions.
When using the Dollar option, income linked contributions do not increase.
How are Income Linked Contributions Funded?
Income linked contributions preclude funding of expenses. The contribution will be made and may create a gap between income and expenses. When this occurs, the Planner will drawdown from savings to fund your expenses.
Standard Contributions
Where can I add Standard Contributions?
Where can I edit and delete Standard Contributions?
Best For
Contributions that you want funded after all expenses are met.
How do Standard Contributions Increase Over Time?
Standard contributions increase based at the rate you have entered in Assumptions for General Inflation.
How are Standard Contributions Funded?
Contributions will be realized when there is sufficient excess income after all expenses have been funded.