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One-time Payment on a Target-Map®
One-time Payment on a Target-Map®

Create a desired expense amount due at a specific age or date

Michael Schwabe avatar
Written by Michael Schwabe
Updated this week

Illustrate a one-time loan pay-off, a single expense in the future, or another type of payment that does not require annual payments over time.

To create a desired expense amount due at a specific age or date on a Target-Map, open the Target-Map's What you want tab to edit or add a desired cash flow.

Method 1: Enter an age or date in the Start Age field only, and leave the End Age field blank. Ensure the Date Reference is set to Age.

Method 2: Enter an age or date in the Start Age field and an age or date one year later in the End Age field. Either way is valid. The Date Reference can be set to Age or Date.

After entering the amount at a desired future age/date in the What you want tab, head to the What you have tab to apply current funding available and/or future funding to help meet the need.

Tags: one-time payment, pay off mortgage, payoff, payment, loan

1/2025

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