Review and customize misc assumptions
Navigate to Advisor Portal > Assumptions > Misc to review and update miscellaneous assumptions.
Default misc assumptions
RightCapital uses the following default miscellaneous assumptions:
These assumptions can be updated globally in the Advisor Portal > Assumptions > Misc tab. Miscellaneous assumptions include:
- Cost of purchasing a real estate property: The default of .1% represents costs associated with purchasing a property.
- Cost of selling a real estate property: The default of 6% represents typical real estate agent fees associated with selling a property.
- Expense adjustment upon the death of a co-client: The default 15% figure represents the reduction in living expenses associated with the death of a client or co-client.
The assumptions will be applied to the Retirement > Cash Flows should we simulate buying or selling real estate, or a client passing away within the projection.
Client specific misc assumptions
The assumptions can be adjusted on a client-by-client basis by opening the plan and navigating to the Gear Icon > Settings > Other Assumptions tab.
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For additional assistance adjusting misc. assumptons please contact Support.