With the
most recent release of mobile and web versions comes the ability to budget ahead 12 months. It would be great to hear about how everyone is taking advantage of this new much requested feature in Simplifi.
Today I started using this new ability to build into our budget the change over from my wife being fulltime employed to full retirement. I opened her current recurring income and set an end date for the last paycheck in January '23. This created deficit spending for February and forward until I set up our payout form our various retirement accounts and our budget and cashflow returned to positive.
In the coming months we will be switching over from her company provided insurance to Medicare and at that time I will create a new recurring payment for that new expense. We will continue to maintain a savings goal for health expenses that aren't covered by whatever plan we end up with.
This transition will also require a conversation with our tax pro to review how we will cover what taxes.
Then sometime in February we will head out for some R&R travel!