Should investment returns include inflation, dividends and interest?

Where to find it: ACCOUNTS and INVESTMENTS → Edit Investments → Edit

Enter expected annual investment returns before personal income tax and without subtracting inflation. Divide the total among the return fields that apply: interest, dividends, capital appreciation, capital distributions and return of capital. MRA needs the components to model their different tax treatment.

For example, an investment expected to return 5% through 3% price growth and 2% dividends should have Capital appreciation 3 and Dividend yield 2. Do not also enter the full 5 as capital appreciation. Leave an inapplicable yield blank.

Review the MER checkbox separately: returns may be before or after fund fees, but MRA needs to know which so it does not deduct the MER twice. A historical yield displayed beside a field is information to help you set an assumption, not a guarantee.

Real estate has a different label: its capital appreciation field is ABOVE inflation. For ordinary investment return fields, do not subtract inflation yourself. The Today’s dollars report view makes the inflation adjustment when displaying results.

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