cfiresim or other planning w/ anticipated future one-time payment

[Clean Shaven]

Just wanted to check if I'm doing this right -

We plan on selling our house and downsizing in another 15-20 years, and anticipate pocketing a decent amount at that time from the sale -- for planning purposes, let's call it $500K.  Upon receipt, we would invest that sum in the same asset allocation as other stock/bond funds held at that time.

In cfiresim, there is a field for "other income" that can be set up for "one time" payment.  Is this the correct way to calculate that large lump-sum influx?  Or am I missing a setting in cfiresim, or should I be looking at some other calculator?

Thanks in advance

[velocistar237]

There's a section for "Other Income/Saving," and you can change it from Recurring to One-Time. That sounds like the right way to handle your situation.

[johnny847]

What velocistar237 said.

There's also a section for one time payments. Great for things like paying for kids' college tuition.

[Clean Shaven]

That's the section I used on cfiresim -- just didn't know how that was "counted" in the program's calculations.  Thanks.