Overview of the "8-YOUR CASH" worksheet

Use this cashasset worksheet to enter information about your cash and cash equivalent assets into VeriPlan. These assets would include all cash equivalents, such as checking, savings, and money market accounts plus certificates of deposit, etc.

A cash equivalent asset would be any asset that is similar to cash, such as a money market fund where a constant Net Asset Value (NAV) is maintained at $1.00 per share. Interest earnings and costs are paid by issuing/deducting shares with a $1.00 NAV rather than changing the value of the shares themselves.

VeriPlan collects information below on up to 24 different cash and cash equivalent positions that you may currently hold. You can change and update any of this asset information at any time and instantly run new projections.

Suppose that you have an account with a total valuation of $50,000, which is a mixture of $10,000 in cash assets, $25,000 in bonds or fixed income assets, and $15,000 in stocks or equity assets. You should enter ONLY the $10,000 in cash on this worksheet. The $25,000 in fixed income assets would be entered on the yellow-tabbed '7-Your Bonds' worksheet, and the $15,000 in equity assets would be entered on the yellow-tabbed '8-Your Stocks' worksheet.

VeriPlan collects specific information on each of your asset positions about size, value, taxability, investment costs, and expected distributions. Because VeriPlan will project each of your holdings separately and will calculate returns, volatility, taxes and costs accordingly, the more accurate your inputs, the more informative the results can be to you.

Internally, VeriPlan will maintain this information separately for each individual holding throughout the lifecycle projections. This detailed accounting approach allows your overall portfolio tax-efficiency and investment-efficiency to be calculated for each year of any projection -- even though the net valuation of your individual holdings may change at different rates because of differences in investment returns, costs, and taxes. By avoiding the use of averages, VeriPlan provides much more insight into your particular circumstances.




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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