Not financial, investment, tax or legal advice
First Million Path provides general educational information and a scenario model. It does not recommend a security, fund, broker, lender, property, transaction, tax position or legal action. It does not assess your objectives, risk tolerance, eligibility, obligations or complete financial circumstances.
Estimates are not promises
Results are mathematical projections from the assumptions you enter. Conservative, base and optimistic paths are planning scenarios, not probabilities or forecasts. Market returns, inflation, income, rent, vacancy, property values, interest rates and taxes can differ materially from the model.
What the model simplifies
- Investment returns are uncertain and may be negative. Past performance is not a guarantee of future results.
- Taxes, fees, spreads, insurance, maintenance, repairs, transaction costs, regulation and liquidity constraints may not be fully represented.
- Rental property is modelled from equity, rent, costs, vacancy and appreciation assumptions; it is not a valuation or underwriting report.
- Debt is represented using an approximate balance, rate and payment; real loan terms may differ.
- The real-money view expresses values in today's purchasing power, while the nominal view shows future currency amounts. Neither predicts purchasing power or personal outcomes.
Before acting
Verify important inputs, consider downside cases and obtain advice from appropriately qualified financial, tax, property or legal professionals who understand your situation and jurisdiction. Never invest, borrow, sell property or change a tax position solely because of a calculator result.