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:
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Save it and invest in your taxable portfolio
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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:
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You expect a one-time inheritance in five years and want to model how it reduces your need to draw from savings.
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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.