| An example of VeriPlan's 2-EXPENSES graphic |
Subject: An example of VeriPlan's 2-EXPENSES graphic by The Skilled Investor on May/24/2007 18:52:49 An example of VeriPlan's 2-EXPENSES graphic VeriPlan's 2-EXPENSES graphic: Ordinary, Planned, and Adjusted Expenses plus Income, Employment, & Property Taxes (real $/yr) Below is an example of the blue-tabbed 2-EXPENSES graphic, which comes from VeriPlan's "Sue and Sam Saver" tutorial. This graphic shows Sue and Sam's projected living expenses, ordinary income taxes, and their FICA (Social Security), Medicare, Property, and Real Estate tax payments. You can download a free copy of this VeriPlan tutorial file using this link: Download the Free VeriPlan Tutorial Now This 2-EXPENSES graphic, which VeriPlan automatically develops for every financial plan, projects your expenses related to living expenses and the taxes that are related primarily to non-asset earned and retirement income. This graphic includes: * Your ordinary living expenses and major planned expenses with adjustments and with your real dollar growth rates from the orange-tabbed '1-Expense & Savings Tool' worksheet * Your Federal, State, and Local ordinary income taxes from the yellow-tabbed '11-Your Taxes' worksheet * Your Federal, State, and Local ordinary income taxes on asset income and reinvested interest and short-term capital gains from the yellow-tabbed '6-Your Cash,' '7-Your Bonds,' and '8-Your Stocks' worksheets. Because ordinary earned income and ordinary asset income tax treatments are similar, VeriPlan combines both earned income and asset income sources here for taxation purposes. Generally, most asset income taxes will be from current interest and dividend payments on cash and bond/fixed income assets. * Your tax payments related to FICA (Social Security), Medicare, self-employment, property, real estate, and other non-capital gains taxes ![]() |

