[Kmymoney] Entering Retirement plans in KMM

[aga]

On Thu, 28 Mar 2013 08:01:48 -0400
Louis-Philippe Allard <lp.allard.1 at gmail.com> wrote:

> Hi,  the only statements I get are pdf quarterly statements.

Hmmm, quarterly is pretty poor.  There are routines to convert pdf to
csv, which would allow them to be imported.  How close that gets to
your requirement, I don't know, but I suspect not very.

I don't see a possibility to just enter a single transaction per
bi-weekly contribution.  I think you'd have to enter four separate
ones, one per security, which, while initially a bit of a pain, could
subsequently be duplicated and then edited.

Allan

> On 2013-03-28 7:15 AM, "aga" <agander93 at gmail.com> wrote:
> 
> > On Wed, 27 Mar 2013 22:37:58 -0400
> > Louis-Philippe Allard <lp.allard.1 at gmail.com> wrote:
> >
> > > Hi,
> > >
> > >    I need some help to better understand how to enter my
> > > retirement plans into KMM for tracking and forecasting..
> > >
> > >    I have a hard time understanding how to enter the different
> > > portfolios which each contain multiple shares from different
> > > investments.  For example, lets say that a certain retirement plan
> > > would have these investments:
> > >
> > >    * Balanced Investments (30%)
> > >    * DiversifiedInvestments(25%)
> > >    * Balanced Index Portfolio (10%)
> > >    * US Equity Index (35%)
> > >
> > >    Each of these investments has a number of holdings (shares),
> > > and an initial purchase price/stock.  Every other week, I
> > > contribute to my plan through employer's paycheck deductions.  My
> > > additional bi-weekly contributions are added on top of my current
> > > holdings with the same proportions as the initial plan purchase.
> > > So lets say I had the investments as indicated above, and that my
> > > additional bi-weekly contributions were $100, then each
> > > investment would grow by:
> > >
> > >
> > >    * Balanced Investments ($100 x 30% = $30 @ $3/share = +10
> > > shares)
> > >    * DiversifiedInvestments($100 x 25% = $25@ $10/share = +2.5
> > > shares)
> > >    * ...
> > >
> > > Of course each investment changes (gain or lose value) according
> > > to the market.
> > >
> > >    I'd like KMM to model this retirement plan accurately.  As you
> > > can see, its fairly straightforward but I am not sure KMM is
> > > ready for automatically tracking such scenario..
> > >
> > >    Right now I only have a scheduled transaction which transfer an
> > > amount of money ($100) from my paycheck to the brokerage account,
> > > but that's it.
> > >
> > >    Can KMM model this scenario?  Has anyone already done that?
> > >
> > >    Thanks!
> > >    Louis-Philippe Allard
> >
> > This is not something I have experience of, but can you say what
> > statements, if any, you get from your broker, and what formats are
> > available?
> >
> > Allan
> >
> >