The Other Assets page tracks valuables you own outside of financial accounts and real estate - vehicles, boats, jewelry, art and collectibles, precious metals, business equity, and more. Add up to 15 assets, each with a current value, the year that value is from, your ownership percentage, and an optional cost basis.

Pick from the predefined categories or choose Custom... and type your own. Each category carries a sensible default value change rate - for example vehicles and electronics depreciate while art and precious metals tend to appreciate - and you can override it with a custom rate (use a negative rate to depreciate) or set no change.

Each asset can have a planned future sale: pick an age or year, use the projected value or override it, set a selling-cost percentage and an estimated tax on the sale, and route the net proceeds to a chosen account. The net proceeds are added to your plan as a one-time deposit in the sale year, so a planned sale shows up in your projection.

Instead of a fixed age, the sale can be anchored: choose Your retirement age, a spouse's retirement age, or End of your plan (to model selling the asset from your estate at the end of life), and the sale follows that milestone automatically if you change it later. You can also anchor to a Timeline event (like a Custom or Relocation event), so a sale can track, say, a planned move.

What happens to an asset you never sell

Each asset carries a Leave to heirs switch, on by default. Anything you still hold when the plan ends counts toward your legacy goal at its projected value - that is, after this page's rate of value change has been applied for the whole plan. A vehicle depreciating 10% a year is worth very little after a few decades; art, precious metals and business equity hold their value or grow.

No tax is taken off, because inherited assets get a step-up in basis: heirs who sell straight away owe essentially nothing. An asset your plan sells is unaffected - it is counted once, through the proceeds arriving in your portfolio, and never again at the end. Note that the End of your plan sale anchor counts as a sale, not as something left behind.

A fixed annuity (MYGA) bought with taxable money

Choose the Fixed annuity (MYGA) category for a multi-year guaranteed annuity you bought outside an IRA or Roth. Enter the contract value and the year it is from, the premium paid, the guaranteed rate, the year the term ends and the rate you expect on renewal. The contract grows at the guaranteed rate until the term ends and at the renewal rate after that. Choosing the category also plans a cash-out when the term ends, which you can move or turn off.

For a MYGA you plan to buy, set Status to I plan to buy one and enter the purchase year, the premium, the term length and the account that pays: cash or a brokerage account, or the plan's usual withdrawal order. The premium leaves that account as a one-time expense in the purchase year, so selling shares to fund it realizes their gain as usual, and the contract starts at the premium. A cash-out set to When the term ends follows the purchase year if you move it.

The tax follows the annuity rules. Nothing is taxed while the contract grows. When you cash out, the premium comes back untaxed and the growth above it is taxed as ordinary income in that year, at your plan's own rates, and counts toward the 3.8% net investment income tax. Cashing out before 60 adds a 10% penalty on the growth. A surrender charge, if you cash out during the term, takes the place of the selling cost. A contract you still hold at the end goes to your heirs without a step-up in basis, so the legacy figure takes income tax on the growth off at your heirs' rate.

Withdrawals before cash-out. A contract can pay out along the way: Interest only takes each year's interest and leaves the value flat, and A percent of the value takes that share each year (most contracts let about 10% a year out without a surrender charge; a larger withdrawal is not charged one here). Withdrawals start in the year you pick and stop at the cash-out, and go to the account chosen for the cash-out. Each is taxed growth first: ordinary income until the growth is used up, then the premium comes back untaxed, with the 10% penalty on the taxed part before 60. The contract's value, the final payout, your net worth and the legacy figure all reflect what has been taken out. If you have already taken withdrawals, enter the premium not yet returned as the premium paid.

If the owner dies first. On a plan with a spouse, choose which of you owns the contract; the owner's age decides the 10% penalty. If the owner dies first, the plan assumes the spouse is the beneficiary and continues the contract as its new owner, as the tax rules allow: withdrawals and the cash-out go on as planned, and the penalty follows the survivor's age. A contract still held when the plan ends goes to your heirs, who owe income tax on its growth.

Not modeled: exchanging the contract for an income annuity. For a MYGA held inside an IRA or Roth, use that account's Allocation tab instead; it is taxed like the rest of the account.

A dedicated net-worth and asset chart is planned for a future update.