Main Menu->My Goals, Click gear option
Settings
Basic settings (1): Set the initial date, annual return rate, inflation rate, included accounts, and retirement date, among other fundamental data. The assets in the included accounts will be invested at the initial date as a one-time contribution.
Budget Goal(2): Existing income and expense budgets are set as a goal. The budget goal starts from the initial date and defaults to the retirement date as the end date, but you can modify the end date.
Goals (3): Set financial goals for income and spending, and prioritize these goals as needed.
Budget Goal
The budget goal defaults to the top priority spending goal, eliminating the need for specific setup within financial goals. It is automatically set as a family responsibility (included in family coverage calculations).
Budget start month (1), is the initial date, and can be modified in the basic settings.
Click on “My Budget (2)” and go to my budget feature
Click on “Import Budget (3)” to import existing budgets into the budget goal.
Check the budget income and expense items (4), press save (5), and include the budget in the budget goal.
My Goals
Click on “Goals (1)” to edit goal details. Long press to delete this goal.
Click the upward arrow (2) to increase the priority of goals, and click the downward arrow (3) to decrease the priority of goals.
Click on “+” (4) to add a new goal. The instructions are as follows:
- College Education: Defaulted as a family responsibility, classified as an expenditure goal.
- Retirement: Defaulted as personal spending, classified as an expenditure goal.
- Home Purchase: Defaulted as a family responsibility, classified as an expenditure goal.
- Income: Classified as an income goal.
- Spending: Classified as an expenditure goal.
College Education
Attend Date (1), spending every six months starting from the attend month, amount every six months (2), total number of spending years (3).
The spending amount will occur once every six months from the initial date, increasing based on the inflation rate set in the basic settings.
Retirement
The default value for the retirement date (1) can be edited in the basic settings under the retirement date.
The default value for the end date (2) can be edited in the basic settings under the expiry date.
The monthly expenses after retirement (3) will increase every month from the initial date month, based on the inflation rate set in the basic settings. Therefore, the expenses will gradually rise each month.
Home Purchase
The expected home purchase date (1), the house price will increase based on the home purchase present value (2) and the house price growth% (3).
Set the down payment% (4), mortgage interest rate (5), and loan term (6), and the initial down payment (7) and the average principal and interest amortization amount (8) will be calculated automatically.
Other Income
Classified as income goal
The amount each time (1), the amount of each income. The initial amount is the amount each time (future value). It will increase based on the annual increase rate (6) (present value).
Start date (2), end date (3), the period for this income will increase based on the annual amount growth%. Check until the expiry date (4), then this income will continue until the expiry date as set in the basic settings.
Interval months (5), income occurs every few months. If set to zero, it represents a one-time income.
Other Spending
Classified as spending goal
The amount each time (1), the amount of each spending. The initial amount is the amount each time (future value). It will increase based on the annual increase rate (6) (present value).
Start date (2), end date (3), the period for this income will increase based on the annual amount growth%. Check until the expiry date (4), then this income will continue until the expiry date as set in the basic settings.
Interval months (5), income occurs every few months. If set to zero, it represents a one-time income.
