Perfingo
Terms are listed A to Z, with advisor terms in their own group at the end.
- 4% rule
- The test for when your savings can support you for good: once 4% of your liquid assets (cash and investments, not CPF) covers a year's expenses, that lifestyle can continue forever.
- Actuals
- Your real, recorded numbers, such as balances, transactions, holdings and goal costs, as opposed to what the plan projects. A client enters them, or an advisor with Full access.
- Ad hoc income
- A one-off sum you expect, like an inheritance or a policy payout. It is added to your cash in the year of its date, with no tax, CPF or growth.
- Advisor access levels
- How much of your household an advisor can reach: View only, Can edit plan (plan inputs), or Full access (inputs plus balances and spending). You choose the level and can change it anytime. See Advisor access levels.
- Brokerage import
- Reading positions and trades off a broker's statement PDF instead of typing them in. Transfers between your own platforms are never recorded as trades, and anything unclear is held out and named, not guessed.
- BRS / FRS / ERS
- CPF's three retirement-savings targets at 55: the Basic, Full (2×), and Enhanced (4×) Retirement Sum. The higher the target, the bigger your CPF LIFE payout.
- Cash buffer (minimum cash)
- The smallest cash the plan expects you to hold in a year. Falling below it near a goal's year shows that goal as "Tight" instead of "On track".
- Closed position
- A holding you've sold out of entirely. It moves into a collapsed "Closed positions" row rather than disappearing, keeping the trades behind your realised gains.
- CPF LIFE
- The national scheme turning your CPF Retirement Account savings into a monthly income for life, starting at 65.
- Dashboard
- The plan's main screen: the projected pathway chart plus goal cards summing up where your household is heading.
- Draft plan
- A complete, separately saved plan explored alongside your plan of record. Unlike the what-if sandbox, a draft stays saved until you delete it.
- Drift
- The gap between what your plan projected and what you've recorded: net worth, spending, goal contributions. The app nudges you once it's stayed off track a while.
- Earmark (set aside)
- Money set aside for a goal: a whole holding, or part of your cash in the bank. The app calls it "Set aside". A goal's funding comes from what's set aside for it.
- Emergency fund
- A cash reserve the plan sets aside for unexpected expenses, kept separate from money earmarked to specific goals.
- Fact chip
- A tappable figure in your money report: its receipt shows the value, where it came from, and the date. Every number in the report's prose is one.
- Feasibility badge
- The green, amber, or red chip on a goal, showing at a glance whether your projected cash keeps it On track, Tight, or At risk.
- Financial-freedom age
- The earliest age your liquid assets (cash and investments you can readily use, not CPF) can cover your living and lifestyle expenses, by the 4% rule: when you could stop relying on work income.
- Find ticker
- The button on a holding we can't price. Pick the right exchange listing and it starts pricing. See Investment.
- Goal (milestone)
- Something you're planning to spend on, with a target year, an amount, and how important it is. "Milestone" means the same thing, from a house downpayment to a yearly travel budget.
- Holding
- One investment you're tracking at one platform: a stock, ETF, coin or fund you own. The same stock at two brokers is two holdings. It counts toward your actuals and can be set aside for a goal. Cash, CPF and loan balances are logged separately, as balances.
- Household
- The group a plan belongs to: one person, or a couple, plus any children and property on the plan. For an advisor, a household is one client, and the advisor holds a seat on it.
- Importance (of a goal)
- How much you need a goal to happen, from "must achieve" to "okay without". The plan funds a more important goal more by steady saving than by investment growth.
- Lens (Us, You, Partner)
- On a couple's plan, the toggle on Home, Tracking, Cashflow and Investment that shows the household together (Us) or one of you. It changes what you see, not who can see it. Not the same as the net-worth lens.
- Lifestyle increment
- A step up in your spending at set points in your plan. In the years it applies, it _replaces_ the pay-linked yearly increase rather than stacking on top of it.
- Monthly Loop
- The card on your phone's Home that leads into the monthly check-in. It is titled with the month being closed and shows three stations: Balances, Spending and Verdict.
- MSR
- Mortgage Servicing Ratio: the most of your gross monthly income an HDB flat's loan repayment can take up. Your plan applies it to HDB flats only.
- Net-worth lens
- Your household's answer to "what counts as net worth": switches for your home, its mortgage, and CPF, all off by default, so the headline is your liquid position. Applies to Tracking and Home alike. Not the same as the Us, You, Partner lens.
- Observation
- A single real figure recorded with a date: a balance, a loan amount, a goal's actual cost. Your actuals and drift are built from these.
- Plan date
- The date your plan starts from. Everyone's age is worked out as the plan year minus their birth year, not their actual birthday.
- Plan of record
- Your official, current plan, kept up to date by your household. Dashboards, tracking, and advisor views follow it unless you've opened a draft or a what-if instead. Only the client can set it, at any advisor access level.
- Reconcile
- Matching a statement's own closing figure against the app's, such as a bank balance or share count. If they disagree, you pick which to keep. Nothing is overwritten silently.
- Replan
- Restarting your plan of record from a new "today", on purpose, rather than quietly editing the past. Use it once real life has moved on. An advisor on Can edit plan or Full access commits a replan the same way, and can add a note that everyone with access can see and no one can edit or delete afterwards. A temporary expense that has ended, or ad hoc income already received, by the new date is removed and listed under "Ended or received" before you confirm.
- Run-rate
- How much a goal needs you to put aside each month, worked out by the calculator and compared with what you're actually setting aside.
- Severity band
- The three-way rating behind the app's status chips: good, caution, or behind. Wording changes by screen (a feasibility badge, Home's vs-plan chip, a drift alert), but the colour always means the same thing.
- Side income
- Money earned outside your main job, called a "side hustle" in the app. It's projected and taxed together with your main income.
- Statement coverage
- Which of your accounts have a statement in for a month. Home and Cashflow show how many are still to upload, so you can see what is missing before you close the month.
- Take-home pay
- What's left of your income after CPF, and in the projection, tax: the cash you can actually spend.
- TDSR
- Total Debt Servicing Ratio: the most of your gross monthly income all your debt repayments together, home loan included, can take up.
- Temporary expense
- A cost with an end date, like rent until your flat is ready or childcare. It is counted month by month until it ends. A one-off is counted once, in its month.
- What-if sandbox
- A temporary copy of your plan of record for trying changes without saving them. It lasts only your current session: close it and whatever you tried is gone. An advisor on View only can edit in it live, but nothing saves. On Can edit plan or Full access, an Apply button commits it.
- What's new
- The sheet of swipeable cards that opens once after an update, and again from "What's new" in Profile. Each card covers one change, often with a "Try it" link.
For advisors
- Seat
- An advisor's membership in a client's household: how the advisor is added to their plan at all.
- Dial
- The single control (View only, Can edit plan, Full access) that sets what an advisor's seat lets them do. Only the client can change it. See Advisor access levels.
- Raw cashflow
- Bank accounts, transactions and statements. An advisor on View only or Can edit plan sees them only with sharing on, and always sees them on Full access.
- Pending claim
- A client or invited advisor who exists in the app but hasn't yet logged in and taken ownership of their seat. The client list shows an "Invite pending" badge.
- Template
- A reusable, identity-stripped starting point saved from a plan: its shape without the person it was built for. Private to the advisor who saved it. See Plan templates.