Other income expectations

In the Lifetime Planner, other income refers to any money you expect to receive that isn’t from a salary, retirement benefit, or investment return. This includes items like inheritances, gifts, child support, and trust distributions.

Other income helps you model how these non-salary inflows will affect your ability to cover expenses or boost savings during the years they occur. You can designate whether the income is a one-time event or recurring over multiple years.

When setting up this income, you can also choose how Quicken should treat it:

• Save it and invest in your taxable portfolio

• Use it to pay expenses (none will be saved)

These options affect whether the income contributes to your net worth or is treated as direct spending support.

Use cases:

• You expect a one-time inheritance in five years and want to model how it reduces your need to draw from savings.

• You're receiving annual trust distributions for ten years and want Quicken to treat them as expense coverage during that period.

Let me know if you'd like a short explanation of how the growth rate or tax rate settings interact with these entries.