Reporting currency and scope
Goals, simulation balances and portfolio totals use USD. Individual holdings may use KRW or USD. English is an interface choice, not an assumption about residence. Tax presets are illustrative Korean regular-account comparisons; they are not a US personal tax model.
Required capital
Capital = monthly net goal × 12 ÷ net annual yield
Capital is displayed rounded up to the next USD cent. A zero goal needs zero capital. A positive goal with zero net yield is unachievable. The 3%, 5% and 7% comparisons are assumptions rather than current product yields.
Holdings and taxes
Estimated tax = gross income × holding tax rate × taxable portion
Net annual income = gross income − estimated tax
Yield on cost = annual distribution per share ÷ average purchase cost
Current yield uses the entered current price instead of average cost. The relevant ratio is unavailable for a zero denominator or missing price. Invested cost is shares × average cost. Holding tax settings are independent from the goal settings.
Currency conversion
KRW amounts are divided by your KRW-per-USD rate. For example, KRW 140,000 at a rate of 1,400 equals USD 100. A USD-only portfolio needs no exchange rate. If a KRW holding is present without a rate, combined USD totals are unavailable. Converted cost is not a reconstruction of historical USD payments. Fees and exchange spreads are excluded.
Additional purchases
Additional shares = ROUNDUP(gap × 12 ÷ selected holding annual net income per share in USD)
Additional capital = whole additional shares × current price
Each scenario fills the entire gap using one selected holding. Historical average cost is not used as a new purchase price. An already-met goal needs zero additional shares.
Reinvestment
Monthly dividends use the opening balance × net annual yield ÷ 12. Reinvested dividends and contributions are added at month end, then the new income capacity is tested against the goal. Price and distribution growth are zero, fractional investing is assumed and the limit is 1,200 months. This is independent of actual payment dates.
Calendar and precision
Entered dates and gross per-share payments determine the calendar. Dates are not predicted or repeated automatically. Holdings without dates remain in portfolio totals. Calendar sums need not match annual distribution assumptions. KRW is displayed to whole won and USD to cents; internal calculations retain full precision.
Not supported
ISA and pension tax treatment, final income tax, deductions, foreign tax credits, trading profits, total return, payment eligibility, fees and inflation are excluded. Required blanks, optional blanks, negative inputs and non-finite values are distinguished.
Official references
- IRS Korea–US treaty, Article 12: source-country ordinary dividend limits; check eligibility and final domestic taxes separately.
- Samsung ETF tax guidance: Korean distribution tax examples.
- Schwab SCHD: identity and distinctions between yield measures.
- SOL official product page: product identity and ticker.
Product identity and sources were reviewed on 2026-10-19. No quoted prices or distributions were collected and embedded. Product names, laws and provider services can change.