How do I model sale of a house at age 80?
Posted: Fri Feb 29, 2008 8:59 pm
Hi Jim!
Enjoying using the planner! One question: on the detailed output page there is a column for “new investments” yet I do not see where those can be input…I am using the example of a client selling a house at say age 80 and having the money from that supplement their income for the rest of the life expectancy. When I do that, I simply enter a “miscellaneous income” figure for that one year. My guess is that this figure is not being added to the portfolio and therefore not earning a return?
Enjoying using the planner! One question: on the detailed output page there is a column for “new investments” yet I do not see where those can be input…I am using the example of a client selling a house at say age 80 and having the money from that supplement their income for the rest of the life expectancy. When I do that, I simply enter a “miscellaneous income” figure for that one year. My guess is that this figure is not being added to the portfolio and therefore not earning a return?