<topic sku="dlxbiz" tNum="288002" author="leighanw" xmlns="x-schema:hhTopicSchema.xml"><index><title>Learn about the Yearly Snapshot page in the Lifetime Planner</title><category>lifeplan</category><klink type="cncpt">Tell me about the Yearly Snapshot page in the Lifetime Planner</klink></index>
<content>
<p>The <emph>Yearly Snapshot</emph> page is where you can get a closer look at what to expect in any year of your lifetime plan. For example, you can review your financial picture for a year in which a child will go to college, you plan to buy a house, or you retire.</p>
<p>At the top of the <emph>Yearly Snapshot</emph> page, you enter the year you're interested in reviewing. Money then shows a summary for that year, including your income, expenses, assets, and liabilities. As you update your account balances or make changes to your lifetime plan, Money automatically updates the projections on the <emph>Yearly Snapshot</emph> page so you can have an accurate picture of the years ahead.</p>
<p>The <emph>Yearly Snapshot</emph> page is organized into four sections:</p>
<ul>
<li><emph>Events.</emph> This section lists each member of your household and their age for the year in question. It also shows the number of years until the "breadwinners" retire and lists every significant financial event you've planned for that year (such as buying a house or paying for college tuition).</li>
<li><emph>Inflows.</emph> This section outlines any salary income or other money (such as Social Security benefits or inheritance) you plan to receive that year prior to taxes. <alink type="cncpt" href="UnderstandYearlySnapshotInflows.xml"/></li>
<li><emph>Outflows.</emph> This section outlines where your money will go (for example, toward living expenses, savings contributions, and loan and debt payments). <alink type="cncpt" href="UnderstandYearlySnapshotOutflows.xml"/></li>
<li><emph>Net Worth.</emph> This section outlines what you own (liquid and non-liquid assets) and what you owe (liabilities) prior to taxes. <alink type="cncpt" href="UnderstandYearlySnapshotNetworth.xml"/></li>
</ul>
</content>
<footer>
<extend>
<tease>How do I see my forecast for a particular year?</tease>
<reveal>
<ol>
<li>On the <emph>Planner</emph> menu, click <emph>Lifetime Planner</emph>.</li>
<li>In the left pane, click <emph>Results</emph>, and then click <emph>Yearly Snapshot</emph>.</li>
<li>Enter a year at the top of the page.</li>
</ol>
</reveal>
</extend>
<extend>
<tease>How do I add years to my lifetime plan?</tease>
<reveal>
<p>Go to the <emph>About You</emph> page of the Lifetime Planner and increase your life expectancy age.</p>
