Every big number has a receipt.

Where-do-I-stand percentile

Bearing’s age comparison is calculated locally in the browser from the Federal Reserve’s 2022 Survey of Consumer Finances public summary extract. We calculated WGT-weighted 10th, 25th, 50th, 75th, 90th, 95th, and 99th percentile breakpoints for the Federal Reserve’s six published age bands across the survey’s five implicates. Between breakpoints, Bearing interpolates on a signed logarithmic scale. No model participates.

Federal Reserve source · extract updated 2024-04-03 · dollar values are expressed in the source’s 2022 dollars.

Your number and goal date

Your number divides stated monthly spending multiplied by twelve by the user-selected withdrawal assumption. Goal dates compound current investable assets and the trailing six-month monthly contribution pace using the user-selected real return assumption. The calculation runs monthly, stops after an 80-year horizon, and is labeled as an estimate rather than a guarantee.

Growth Engine

The 30-day change in filed net worth is separated into linked contributions, linked dividend and interest income, and a residual labeled “market, valuation, and unclassified.” Bearing does not call the residual pure market return because home values, liability changes, missing accounts, and unclassified cash movement can also affect it.

Savings Rate

Savings Rate divides deterministic contribution records by detected payroll income over the trailing 90 days. Transfers are excluded before income rules run. Bearing does not ask users to categorize routine purchases line by line.

Allocation Drift and Fee Audit

Allocation Drift compares visible holdings with the user’s own target. Total drift is half the sum of absolute percentage-point differences across asset classes. Fee Audit multiplies each holding by its entered expense ratio and reports the percentage of holdings for which fee data is known; missing ratios are never treated as zero-cost coverage.

Dividend Docket

Until a security-calendar vendor is integrated, the next-90-day figure is an estimate equal to one quarter of actual trailing-12-month dividend and interest receipts. It appears only after at least two linked income payments and is always labeled estimated.

Mortgage Clock

When a lender provides a contractual maturity date, Bearing uses that date directly. Otherwise, Bearing amortizes the current principal one month at a time using the filed mortgage rate and monthly principal-and-interest payment. Taxes, insurance, HOA dues, and escrow should be excluded. The calculation stops and asks for correction if the payment does not cover monthly interest. Remaining interest is an estimate based on an unchanged rate and payment; it does not model refinancing, recasting, fees, late payments, or future extra principal.

History, high-water marks, and Arena

Trendlines begin when data arrives. If an account has multiple snapshots on one day, only its latest snapshot contributes to that day’s total. High-water marks are the largest filed daily total and are never revoked. Arena reports observed drawdowns, distance from the high-water mark, and contribution consistency; it does not produce a composite behavior score or invent returns for trades a user did not make.

Weekly Brief

Application code produces a facts pack. The writing model may only use numerals already present in that pack. A post-check rejects prose containing a numeral not found in the facts. After one retry, Bearing uses a deterministic template.

Provenance

Imported history is allowed only from statements, provider backfill, or user attestation and remains labeled. Figures show one of four provenance states: LINKED, SNAPPED, MANUAL, or ATTESTED.