Overview of your Other Assets in VeriPlan

Use the yellow-tabbed "10-YOUR OTHER ASSETS" worksheet to enter information about up to 10 of your "Other" assets, which would not be appropriate to enter on the yellow-tabbed '6-Your Cash,' '7-Your Bonds,' '8-Your Stocks,' and '9-Your Property' worksheets. Examples of other assets to enter on this worksheet include personal businesses, private equity interests, limited partnerships, etc.

Other investment assets usually are those that are not traded in broad national securities markets and are not tangible property or real estate assets. The current fair market values of such assets are generally much more of a challenge to establish. Furthermore, without a long market history, estimating potential value changes in the future can be much more speculative.

* Similar to market-traded financial securities, the future values of these other assets are not predictable. If you lack any resale market values for your other assets, simply enter current fair market value estimates that seem reasonable. Keep in mind that this is a value projection exercise and not a negotiation to sell. Resist the temptation to inflate the current value of any of these other assets. Estimate the price that an independent third party would pay willingly.

* Include only the current resale value of your other assets on this worksheet. Concerning the total ordinary income that you receive annually on these other assets, that income should be entered on the yellow-tabbed '4-Your Other Income' worksheet, as perpetual income with any real growth adjustment that you believe is appropriate.

* If any of these other assets make capital gains or qualified dividend distributions, then do NOT enter these capital gains distributions on the '4-Your Other Income' worksheet. Instead, assume that they would be reinvested in a similar other asset. Then, include these expected distributions, when you estimate the “Expected Future Gross REAL DOLLAR Return for this Asset” in the table on this worksheet.

VeriPlan will project the value of your other assets, as if you were to hold them over your full lifecycle, and they were to continue to appreciate. Clearly, many of your other assets could be sold and converted to cash. Nevertheless, VeriPlan will not make arbitrary assumptions about the timing of such sales, which could involve substantial transactional costs and/or deviate from the values that you estimate. If in the future, you were to liquidate any of these non-market traded assets, then simply delete them from the other assets table and make new entries in the appropriate asset worksheets to reflect where the sales proceeds have been reinvested.

Only if your cash, fixed income, and equity assets were to be exhausted in the future would you need to liquidate your other assets or your property and real estate assets. Such situations can easily be understood by inspecting the VeriPlan graphics, '13-ASSETS+DEBT' and '20-TOTAL ASSETS & LOST RETURNS.' These graphics display your total projected assets and demonstrate asset depletion, when your expenses exceed your income. See the User Manual for more information.




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Demonstrating a comprehensive projection for a professional couple with children, the VeriPlan tutorial can help you to understand what VeriPlan can do. Use this link to download a free copy of the VeriPlan tutorial file:

Download the Free VeriPlan Tutorial Now