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If you do not track investing in Quicken, you should seselect all of those options to avoid clutter.
Interpret the
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graph
Use the graph to get a quick visual understanding of your net worth progression and annual percentage changes. The light green bar reflects the change in your net worth for the year. The darker green column bar represents your net worth for that year.
Understand Report
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columns
Year: Indicates the fiscal year for which the financial data is being displayed.
Starting Net Worth: Represents the value of all assets minus liabilities at the beginning of the year.
Regular Income: The total income received during the year through regular sources such as salaries, wages, and recurring passive income.
Investment Income: Income generated from investments over the year, such as dividends, interest, or other profit from assets held for investment purposes.
Realized Gains: Profits from the sale of investments or assets that were actually sold and converted into cash during the year.
Unrealized Gains: Increases in the value of investments or assets that have not been sold and thus the gain is not yet realized as cash.
Total Income: The aggregate of Regular Income, Investment Income, Realized Gains, and Unrealized Gains.
Expenses: All outflows of money to cover various costs and expenses throughout the year.
Net Income: The total income minus expenses, reflecting the actual money left over at the year's end.
Funds Added: Any additional funds injected into the accounts, such as transfers from other accounts, loan proceeds, or any lump-sum receipts.
Funds Removed: Money taken out of the accounts, which could include transfers to other accounts, large purchases, or withdrawals.
Ending Net Worth: The value of all assets minus liabilities at the end of the year, which is the result of the starting net worth plus net income and net transfers.
Net Worth % Change: The percentage change in net worth from the beginning to the end of the year.
CAGR: Compound Annual Growth Rate that shows the mean annual growth rate of an investment over a specified time period longer than one year.
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Select report options
By understanding each column and toggle in the Lifetime Overview report, Quicken users can better customize their financial reports to match their specific needs and gain a clearer understanding of their financial trajectory.
Regular Income: This allows you to include Include or exclude Regular Income from your report, which can help in focusing solely on investment-related income if preferred.
Investment Income: Toggle this to add Add or remove income specifically from investments, useful for users who want to separate investment earnings from other income sources.
Realized Gains: This can be switched on or off to either display or Display or hide the profits made from the sale of assets during the year.
Unrealized Gains: This allows you to include Include or exclude the increase in value of unsold assets, which can be useful for a more conservative financial overview.
Funds Added/Removed: Control whether to show Show or hide any funds added to or removed from your accounts during the year.
At Market Value: Switch this on to evaluate Evaluate your investments at their current market value, rather than the purchase price or book value.
Transfers to Assets/Investments: Include or exclude significant transfers made towards purchasing assets or other major investments, which is beneficial for tracking substantial financial moves.
Adjust for Inflation: This adjusts all financial figures to account for inflation, providing a real-terms value of money and investments over time.
Hide Graph/Report: These let you hide the graphical representation or the tabular report, respectively, to focus on the type of data display you prefer.
Key Features
Timeframe Coverage: This report captures data from the inception of your record-keeping in Quicken up to the present day.
Basic Financial Equation: The report calculates your financial standing using the following formula:
Starting Net Worth + Total Income - Expenses + Funds Added - Funds Removed = Ending Net WorthInflation Adjustment: There's an option to adjust your financial data for inflation, ensuring that your analysis takes into account the changing value of money over time.
Net Transfers to Other Assets: Reflect significant investments or purchases, such as property, and aid in tracking substantial shifts in your financial landscape.
Investment Tracking: Users with investments can monitor Investment Income, Realized Gains, and Unrealized Gains. Those without investments can disable these options to streamline the report.
Net Income as a Percentage: This indicates what percentage of your income remained with you at the end of each year.
Account Customization: Run the report for all accounts or limit the scope to specific accounts to tailor the information to your needs.
Visual Representation: The dark green bars on the graph represent Net Worth, while the light green bars show the percentage change for the year.