Why does the Financial Independence report state an average rate of return that does not appear to equal anything I have entered?
A. This rate of return reflects the growth of your client’s liquid net worth through the planning horizon; this includes contributions and distributions to meet shortfalls or taxes. If your client is a saver, this will result in a growth higher than the entered rate of return for you assets, if they are a consumer it will result in a lower rate of return.
Related Questions
- Why does the Financial Independence report say my client is not in sound financial position, even though my balance sheet shows a positive net worth at the end of the planning horizon?
- How do I change the default city and state which appear on a new incident report?
- How will this new form affect the way nonprofits report financial information?
