Adding Your Data
Freedomwise is only as accurate as your data. This guide explains what to add, what level of detail matters, and what you can skip.
Start with Preferences
Go to My Money → Preferences and set:
- Current age — used in all projections
- Target retirement age — used in corpus calculations
- Annual expenses — your current yearly spend (rent, food, utilities, EMIs, lifestyle)
- Inflation rate — default 5%; adjust if you expect higher/lower
These four fields unlock most of the platform. Everything else is additive.
Adding assets
Go to My Money → Assets and add your holdings. Freedomwise supports 10 asset types:
| Asset type | What to enter |
|---|---|
| Equity / Mutual Funds | Current value, expected CAGR |
| EPF | Current corpus, monthly basic salary |
| PPF | Current balance, annual contribution |
| NPS | Current corpus, monthly contribution |
| Fixed Deposits | Principal, maturity amount or interest rate |
| Gold | Current value, expected return |
| Real Estate | Current market value (exclude primary home or include it — your choice) |
| Debt Funds | Current value, expected return |
| Bonds / Debentures | Current value, coupon rate |
| Cash / Savings | Amount in savings accounts / liquid funds |
Tip: Use round numbers. Exact precision doesn't meaningfully change a 15-year projection. A ₹50L or ₹52.3L estimate gives the same strategic insight.
Adding income and liabilities
Go to My Money → Income & Liabilities:
- Salary: Monthly take-home (post-tax)
- Business income: Monthly average if variable
- EMIs: Amount, interest rate, remaining months — the debt payoff engine uses these
- SIPs: Ongoing systematic investments
Adding goals
Go to My Money → Goals and add named goals with target amounts and timelines:
- Emergency fund — 6× monthly expenses, target now
- Child's education — ₹30L in 12 years
- Home down payment — ₹20L in 4 years
- Retirement — computed automatically from your preferences
Goals appear in the Year Planner and feed the AI's planning context.
What you can skip
- Exact NAVs for every fund — current total value is enough
- Insurance policies — not used in current score
- International investments — treat as equity with your expected CAGR
Updating your data
The Freedom Score recalculates each time you visit. Update your data quarterly or when something significant changes (salary hike, new EMI, big purchase).