An investment is money you spend to acquire an item with the expectation that the item will have a larger value in the future than it does today. That is, you buy something hoping to make money on it.
This program distinguishes between investments and assets. You buy an investment with the expectation of making money and buy an asset to have the use of it. Stocks, mutual funds and rental houses are investments. The house you live in, boats, cars and fishing equipment are assets. The difference can be pretty arbitrary and it is only used to help you organize your data. Both assets and investments grow at the Investment Return rate.
401(k) or 403(b) | Current balance in a 401(k), 403(b) or other tax deferred pension plan(s). |
IRA | Current balance in any IRA(s) you may have. |
Roth IRA | Current balance in your Roth IRA(s). |
Other | Total current balance of any other tax deferred investments. |
These categories hold the totals for their respective investment types. Find your latest statement for each account, add up the current balances and enter the totals.
401(k) or 403(b) | Current balance in your spouse's 401(k), 403(b) or other tax deferred pension plan(s). |
IRA | Current balance in your spouse's IRA(s). |
Roth IRA | Current balance in your spouses Roth IRA(s). |
Other | Total current balance of any other tax deferred investments he or she may have. |
Same as the Retiree Pre-Tax Investments. Add up the current balances and enter the totals.
These are your post tax investments, the ones where you paid taxes on the money before you bought the investment. When you sell these, you only need to pay taxes on the profit you have made.
Stocks | Total current market value of all stocks or mutual funds you own. |
Bonds | Total current market value of all bonds you own. |
Certificates of Deposit | Total current market value of all CDs you have. |