Life events

A new home and its mortgage, on top of what the plan holds.

You enter the price at current prices. LongSpan adds the house at that price with a mortgage for the rest, pays the deposit and closing costs from the cheapest source first, and charges tax, insurance and upkeep every year after.

LongSpan draws from banking first, then the taxable brokerage, then retirement accounts with their penalty.

If your plan cannot cover the closing, LongSpan shows the shortfall on the card instead of taking your cash below zero.

You sell one property and keep what is left after the mortgage.

LongSpan sells at the value the forecast carries for the property that year, unless you enter a price at current prices. It takes the selling costs off the top, pays off the mortgage, ends any rent and taxes gains above the exclusion. The rest lands in your cash, and LongSpan treats it like any other surplus.

Gains on a primary home get the $250k exclusion, or $500k if you file jointly or own it with your partner.

If you sell for less than you owe, LongSpan covers the shortfall from that year’s cash.

Monthly rent from one property, until you sell it.

LongSpan adds the monthly rent, at current prices, from this year on. You set no end date: the rent stops when you sell the property, and the years you rented it out count against the primary-home exclusion on that sale.

You still collect rent in the year of the sale.

For a short let, enter a typical month.

A car paid for, financed or leased, and what it costs to run.

LongSpan holds a car you pay for outright or finance at its price, and lowers its value in a straight line to what it sells for. It pays any loan monthly and settles the rest from the sale. A leased car is what you put down at signing and the payment for the term. Insurance and upkeep run every year you keep it, rising with prices.

LongSpan takes the deposit, or the whole price, out of the year you buy the car, and what you put down on a lease out of the year you sign it.

If you replace it, LongSpan buys the same car again, at current prices, in the year the last one goes.

A year off work, with pay back the year after.

For each row, LongSpan takes one person’s salary, bonus and self-employment income out of that year. Their pay resumes where it left off the year after.

Yearly tuition for each child, from a first year to a last.

Each row adds a yearly cost at current prices, from its first year to its last, on top of your spending. Add one row per child, so two children in school at once take two rows.

A one-off sum paid into your taxable brokerage.

LongSpan adds the amount once, at current prices, to your taxable brokerage and does not tax it on the way in.

A payout beyond your equity grants, taxed the year it lands.

LongSpan adds a liquidity event, at current prices, on top of the equity grants already in your plan, and taxes it in the year it lands.

A move to another state, taxed at its rate from that year.

From this year LongSpan taxes your plan at the new state’s rate. Your spending changes only by the percentage you set, and each earner’s employment income only by the percentage you set for them, from the year of the move on.

LongSpan applies the new state’s tax rate from the year of the move.

Your costs change only by the percentage you set.

Each earner’s pay changes only by the percentage you set for them.

Each earner retires at the age you set.

Each earner’s pay stops on their birthday in the year they reach the age you set, earlier or later than your plan has them retiring. Retirement spending starts when you retire, so a partner who retires first does not start it.

A yearly cost from the age you set.

LongSpan charges a yearly cost at current prices from the age you set to the end of your plan.

Investable assets split in half, and one income from then on.

LongSpan halves your investable assets in this year, and your household carries on with your income alone.

A yearly amount you send to a parent.

LongSpan charges a yearly cost at current prices, rising with inflation from the first year. Leave the length empty and it runs to the end of your plan.

A one-off cost in a single year.

LongSpan charges it once, at current prices, in the year you set, from that year’s cash flow first and then from savings.

A monthly payment for as long as you keep it.

LongSpan charges the monthly cost twelve times a year. You enter it at current prices, and it rises with prices from the first year. Leave the last year empty and it runs to the end of your plan.

Enter what you pay each month, such as a gym or a storage unit. LongSpan charges the total for each year.

Add one card per subscription, so two subscriptions cost the sum of both.

Your spending up or down by a percentage, for as long as you set.

LongSpan changes what you spend by the percentage you set, from the first year to the last. Leave the last year empty and it runs to the end of your plan.

It changes the spending you entered, including in retirement. Loan payments, property costs and college bills stay as they are.

Add one card per change, and two changes in the same year multiply.

A yearly amount more into one account.

LongSpan pays the extra into the account every year from the first year to the last, out of that year’s cash, at current prices rising with inflation. Leave the last year empty and it runs until the account’s owner retires.

LongSpan holds the extra, with what you already put in, to the account’s yearly limit.

A workplace plan like a 401(k) takes it out of pay, so it stops when that pay does.

New pay for one or both earners, from the year you set.

From this year LongSpan replaces an earner’s salary, bonus and self-employment income with the pay you set, at current prices, rising with your plan’s wage growth. Leave an earner’s pay empty and theirs stays as it is.

Pay still stops when each earner retires.

Equity grants, pensions and other income stay as they are.

Pay stops for the months you set, then comes back.

LongSpan stops one earner’s salary, bonus and self-employment income for the months you set, from January of the year you set. Their pay then comes back where it would have been, or at the new pay you enter. Leave the months empty and they do not go back to work.

Severance is paid once, in the year the break starts, and taxed as income.

LongSpan covers the gap from that year’s cash first, then from savings.

Childcare and the yearly cost of a child, and any unpaid leave.

From the year the child arrives LongSpan charges childcare for the years you set and the yearly cost of raising them until they turn 18, both at current prices rising with inflation. Unpaid leave takes the months you set out of a parent’s pay that year.

The child is not added to your household, so tax credits for them are not counted.

Add college through a 529 in your plan, or private school as its own event.

Your investments fall in one year, then recover or not.

LongSpan cuts the value of your investment accounts by the percentage you set in that year. Over the recovery years they grow faster until they are back where your plan had them. Leave recovery empty and they grow at your plan’s rates from the lower value.

Retirement, brokerage, education and health accounts fall. Cash, property and equity grants do not.

A fall in a year you draw on savings costs more than one you only hold through.

Each adult claims at the age you set, from 62 to 70.

LongSpan moves each benefit to the age you set and resizes it by Social Security’s own rules: smaller for each month before full retirement age, 8% larger for each year after it, up to 70.

Full retirement age is 67 for anyone born in 1960 or later.

An adult with no benefit in your plan has nothing to move.

Prices rise faster for the years you set.

LongSpan prices your plan at the inflation rate you set from the first year to the last, then goes back to your plan’s own rate. Your spending and contributions rise with it. Pay, benefits, returns and loan rates keep the rates your plan gives them.

Figures shown in today’s dollars are worth less after a stretch of high inflation.

Leave the last year empty and the rate runs to the end of your plan.

A one-off cost that adds value to a property.

LongSpan charges the cost once, at current prices, in the year you set, and adds the value you set to the property at the end of that year. The cost counts toward what you paid for it when you sell.

A renovation rarely adds as much value as it costs, so enter what a buyer would pay for it.

LongSpan pays it from that year’s cash first, then from savings.

One earner stops working and is paid a share of their pay.

From the year you set LongSpan stops one earner’s salary, bonus and self-employment income and pays them the share you set of what they earned the year before, until the last year you set. Leave the last year empty and it runs until they would have retired.

LongSpan taxes the benefit as ordinary income, as when an employer pays for the cover.

The benefit stays at the same dollar figure each year. If they recover, their pay comes back the year after.