The Net Worth report section in the report builder allows you to select which elements of the Net Worth table you want to show in the report output.
From this section you can select which elements of the net worth data you would like to show.
Net Worth Data Table - This table shows the consolidated view of all assets and liabilities entered in the Client Profile.
Assets Data Table - This table shows an expanded view of all the assets entered in the Client Profile.
Liabilities Data Table - This table shows an expanded view of all the liabilities entered in the Client Profile.
Net Worth over time - creates a view of Net Worth over the life of the plan using the growth rate specified and is calculated as follows: Investable Assets + Assets - Liabilities + Death Benefits.
- Investable assets are equal to the ending portfolio value from the cashflow report
- Properties - equal the property value from the Assets Data table with the applied growth rate
- Liabilities - equals the ending year balance from the amortization schedule of a liability. Liabilities will only be shown here if the auto-calculate checkbox is used.
- Death Benefit - is the value of the death benefit from any insurance policies with the applied growth rate.