Financial Summaries explained

Financial Summaries makes it easy for you to keep track of everything you have.

Think of it as your own personal balance sheet and income statement that automatically displays a single view of all your assets, debts, incomes and expenses.

Joint owners

Financial Summaries gives you two viewing options based on who owns each item in your plan: 

1. Joint owners excluded: This is the default view that shows values based on just your share of all the items in your plan.
2. Joint owners included: This shows values based on your share, plus the joint owners' shares of all the items in your plan.

Property

If you have investment properties in your plan, they’ll be handled a bit differently from your home. Expenses related to your home will show up in the Annual Expenses section of your Financial Summary. For investment properties, however, expenses like mortgage payments or building insurance are deducted from the property's rental income to calculate your net property income. This means these expenses won’t appear separately in the Annual Expenses section.