<title>Learn about tracking tax-deferred investments in the Lifetime Planner</title>
<category>investing</category>
<klink type="cncpt">Tell me about tracking tax-deferred investments in the Lifetime Planner</klink>
</index>
<content>
<p>If you have <glossary>tax-deferred</glossary> investments (such as municipal bonds), designate them as long-term savings on the Savings & Investments pages in the Lifetime Planner. Money will forecast taxes being paid on yearly gains (even though these investments are tax-deferred) to provide a more conservative picture of how much you'll need to save. If you want to estimate what your investment return would be without taxes, specify a rate of return that is higher than your actual rate. For example, if your investments grow at 6% tax-deferred, you could specify 7% or 8% as your rate of return.</p>
