I have part of my savings in the stock market. I think I should be able to account for those assets when I analyze my savings goals. It seems like now I cannot contribute to a goal from my brokerage account
Our team is currently reviewing options for this ability!
@under_crtl That's a great suggestion! Right now, our Investments module is being upgraded to provide a lot of new services and features, and we appreciate any comments on ways to make it better. The Savings Goals function doesn't actually move any money from one account to another, just asks as a reminder of a pledge you've made to set aside funds, but you should be able to designate your brokerage accounts when you set up a savings goal.
Any update on this? I have a significant part of my savings in a brokerage account, so the savings goal feature is not very helpful/meaningful. I guess other users might benefit from this too.
Thanks for reaching out! Sadly, this feature request is still under consideration, so we don't have an ETA. Once we have more info, we'll post on this thread.
Thanks Nicole for the update. This should be very straightforward to implement though, it probably involves a minor change in the back-end, just adding brokerage account to the account types you can contribute to a savings goal. I don’t understand what was the logic to exclude brokerage accounts in the first place, they are a common account type where people put their savings. This was probably overlooked. Moreover, rather than a feature request I would argue this is something that is not working as designed. Did you exclude brokerage accounts intentionally when this was designed?
It would at least be nice to create Savings Goals with Investment type accounts. However, Savings goals currently only accept 'Savings' accounts.
It'd be great to be able to have investment accounts considered for Savings goals, as many folks have "goal money" there. Also, you should also consider having the ability to add more than one account to a goal (similar to Mint).
Hello @jsy42 & @Thats_MrHope,
Thanks for posting! I have gone ahead and merged both of your posts with an existing Idea thread for this same feature request.
Please be sure to add your votes, everyone!
I'd like to see this used. It really doesn't make sense to not count savings in Retirement accounts if you are making a retirement savings goal.
Has and progress been made on adding this to a future version of Simplifi? Brokerage accounts are a very common form of savings for users.
Thanks for reaching out!
If you navigate to the very first post in this thread, you'll see that the status of this Idea is “In Review” with a note stating that our Product Team is reviewing options for this ability. That is the last update we received for this request; once a new update becomes available, we'll be sure to update this post accordingly.
I hope this helps!
This is a needed feature! I would not only like to include balances from a brokerage account in my savings goal, but more importantly, i would like to factor recurring transfers into brokerage and IRA accounts into my savings goals and spending plan.