How does TIME MACHINE calculate a projection?
Where to find it: Side menu → TIME MACHINE
TIME MACHINE uses your household’s inputs to calculate cash flows year by year, starting from the scenario’s current date and balances and continuing to the last assumed death year.
For each year, it considers entered incomes and expenses, calculated pensions and taxes, mandatory account transactions, and your automatic savings and withdrawals. Deposit priorities direct remaining cash to accounts, loan prepayments or Spending; withdrawal priorities fund remaining deficits, subject to the modelled account rules and limits. It also applies investment growth, target allocations and scheduled changes such as retirement-account conversions.
The reports show the resulting cash flows, taxes, balances and legacy. You can change an assumption or instruction and rerun to compare its effect. The TIME MACHINE section of the eBook explains the calculation, and the three-minute video introduces it.