Target-date funds, Future value (lump sum), 1494

Target-date funds is “Future value (lump sum)” in 1494, and the figure kept beside it is 1. In the same sitting, call back that assumption and that figure together and match them once more. This week, recalculate one assumption only, and do not put another product’s rate in the same cell. Most damage is mundane: fees ignored, inflation forgotten, contributions paused, or a plan abandoned in a drawdown. At the desk, open Target-date funds so the note shows 1494 first, 1 next, and “Future value (lump sum)” beside them.

This week, before you open the calculator, write the assumption’s name, the year, and the figure on the input note again, and check them against the last entry. When the calculation ends, keep the input note and do not copy only the result. The order is Target-date funds, 1494, 1, then “Future value (lump sum)”. When the inputs is done, look again only at 1494 for Target-date funds and leave 1 on the note.

Do not paste an advertised return over this figure, and do not mix a counter number into the assumption. Check that the year on the note and the year on the screen match, and fit the screen to the note if they do not. This week, recalculate one assumption only, and do not put another product’s rate in the same cell. Match Future value (lump sum) with 1 at the desk before you close 1494 for Target-date funds. Target-date funds is “Future value (lump sum)” in 1494, and the figure kept beside it is 1.