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Release Notes v21.1.0

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Applicable Products

Overview

These are the release notes for the Filiphant™ Household v21.1.0 beta release. This release includes the following:

  • Functionality
    • Setup for Retirement or Independence planning
    • Setup to include a Spouse or Partner
    • Setup to include child(ren)
    • Setup to include child(ren) college investment planning
    • Setup to include future events for:
      • wedding costs
      • medical costs
      • child(ren)’s car, house, wedding costs
    • Setup to use assumption data for the USA
    • Customize any assumptions
  • Features
    • Dashboard
      • Lifetime Budget Reserve (cash flow) by year
      • Lifetime Net Worth by year
      • Current Budget Reserve (cash flow) for months of the year
      • Current Budget Expense categories for months of the year
      • Current Net Worth for the year
      • Current Net Worth breakdown for the year
      • Overall Plan’s Future Success Probability
      • Overall Projected Possible Retirement Year (and age(s))
      • Overall Child College Investments properly funded
      • Feature usage
    • KPIs (Key Performance Indicators)
      • Budget Reserve (cash flow) by year
      • Emergency Savings Months by year
      • Net Worth ratios by year
      • Retirement fund milestones
      • Net Worth milestones
      • Child College Investment data points
    • Worth (Net Worth of assets and debts (liabilities); includes Life Insurance)
    • Budget (Yearly Month-Budget with monthly cash flow) by spouse
    • Debt | Asset (houses, cars, college payments, jewelry, etc.)
    • Income (from employment, business, investment, retirement, social security, etc.)
    • Retirement (accounts for 401(k), IRA, Roth, SIMPLE, Pension, etc.)
    • Investment (accounts for brokerage, robo-advisor, managed, etc.)
    • Banking (accounts for savings, money market, high-yield, CDs, etc.)
    • Child College (accounts for 529s, etc.)

Enhancements

Not Applicable.

Fixes

Not Applicable.

Known Issues

  • Installation issues:
    • Installers intermittently not completing on older Windows 10 computers.
      • Resolution: Turn on compatibility mode for the installer file: How to change the Windows compatibility mode. In the installer file Properties Compatibility tab, in the Compatibility mode area, check the Run this program in compatibility mode for: checkbox, and select Windows 8 from the dropdown.
  • Application issues:
    • On the Setup sheet, selecting a planning type of Independence results in a run-time error, which means the workbook must be closed and cannot be saved. This doesn’t affect overall usability of the plan as long as the Independence planning type isn’t selected.