Category: Truth Tips

How-To: Monte Carlo Simulations in Accumulation

The Accumulation calculator has always been particularly useful in depicting how the stock market can affect your assets, but now it’s even better. A few updates ago, Todd introduced a feature that can reverse or randomize the S&P rates, so that you can more effectively show “Monte Carlo” scenarios.  If you haven’t tried it yet, I’ll show you how.  The benefits? Not only can you back up your knowledge with how the market has performed in the past—you can demonstrate how slippery it can be to rely on chance. Because

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Truth Tip, Capital Gains Tax in Asset Flow

Hello, new update! Asset Flow is known as our “everything-AND-the-kitchen-sink” calculator, and it just got another feature! Todd has added the ability to tax income at capital gains rates, in addition to the regular income tax rates. This is a great tool for clients who might have income coming from a trust, real estate, or other property that is taxed as capital gains. The update allows for an individual portion of the income to be taxed at this rate so that it won’t impact the tax brackets of other income.

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Truth Tip, Canadian Tax Charts

The latest software update includes the availability of Canadian tax charts. This new feature is available in the Tax Chart tool, Asset Flow, and Accumulation. Previously, you could only toggle between the filing status of Married or Single. Now, in the same drop-down menu, you can select a region. This functions the same way within Asset Flow and Accumulation, as it does in the Tax Chart tool.  

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Truth Tip, Saving Asset Flow Files

Asset Flow is one of those awesome and mind-boggling calculators that truly does it all. That’s why we love to talk about what it can accomplish. One fantastic feature is that it plays well with our other calculators. It’s important to note, however, that there is a trick to saving it with another calculator in one file. If you have already saved Asset Flow, keep it open when pulling another calculator up. For example, if the Real Estate Calculator is open, ensure that Asset Flow is also open. Otherwise, when

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Truth Tip, Using Two Screens

Did you know there’s a function in the Truth Concepts software that creates more fluidity if you’re using two screens? The power of two screens is amazing—we hope you’re taking advantage of the productivity boost. And if you’re anything like Todd, you’re even using three or more screens. Two screens are especially useful if you enjoy pulling up multiple calculators and spreading them out. Typically, it can take extra effort when you’re ready to move back to one screen, but we’ve made it simple. At the bottom of the “Tools” drop-down

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