Net Worth
Use these resources to help you better entering and working with assets and liabilities. This includes data entry, asset assignment, and defining distribution order.
Videos 4
Entering Assets and Liabilities
Topics Covered:
- Entering clients' lifestyle assets and liabilities.
- Linking assets and liabilities.
- Viewing liability schedules and verifying account figures.
Modeling the Sale and Purchase of a House
Topics Covered:
- Modeling the future sale of an asset, such as a residence.
- Using proceeds from the sale toward mortgage payoff.
- Downsizing a residence in Scenario Manager.
Entering Accounts
Topics Covered:
- Assiging asset class weightings to clients' accounts.
- Adding holdings to accounts.
- Establishing savings strategies, return rates, account fees, and investment activity.
Entering Annuities
Topics Covered:
- Entering guaranteed withdrawal benefit plans.
- Establishing payout options and reset features.
- Modeling existing annuity payouts or future annuity purchases.
Functional Documents 3
Accrued Investment Income
Topics Covered:
- How NaviPlan defines Previously Incurred Investment Activity.
- Accrued investment activity calculations.
- How clients' cash flow reflects accrued investment income.
- Treatment of accrued investment income for tax purposes.
Variable Mortgages: Payment Caculations and Assumptions
Topics Covered:
- Available options for mortgage payments in NaviPlan.
- Entering variable mortgages in NaviPlan.
- Assumptions and calculations used for fixed payments on Principal and Interest.
- Assumptions and calculations used for variable payments on Principal and Interest.
- Assumptions and calculations used for Interest only payments.
- Assumptions and calculations used for set principal payments.
Investment portfolio and mutual funds
Topics Covered:
- As the default investment vehicle in NaviPlan, what is an investment portfolio?
- In NaviPlan, how does an investment portfolio differ from a mutual fund?