Filipino Retirement Planning Glossary
Simple definitions for the money and planning words used in Namna.
- Namna
- Namna is a planning app for Filipinos who want a clearer and calmer way to plan their money.
- Planning estimate
- A best-effort estimate based on the numbers and assumptions in your plan. It is guidance, not a promise.
- Estimate timing
- The age or timing when your current plan may be enough for the monthly amount you want later.
- Money Today
- The money you already have now, like savings, MP2, stocks, bonds, or other items in your plan.
- What If
- A change you want to test without changing your main plan.
- Monthly savings
- The amount you plan to keep adding each month.
- Monthly savings split
- Where new monthly savings are assumed to go. Namna can follow your current Money Today mix or a custom split you set yourself.
- If you stop adding now
- This is the version where you stop putting in new money and just let your current money grow.
- Today's pesos
- Amounts are shown in today’s peso value for easier planning. Inflation is not yet included in this estimate.
- Planning assumptions
- These are the growth, payout, tax, and support assumptions behind the estimate. You can review or edit many of them inside the app.
- Value growth
- How much the value of an item may go up each year. Many people simply call this growth.
- Cash paid out
- Cash an item may pay you each year, like interest, coupons, or dividends. Many people call this yield.
- Reinvesting payouts
- Putting that cash back into your plan instead of spending it.
- Compounding
- Growth on top of earlier growth.
- Allocation
- The share each item takes in your plan based on its amount.
- Take-home pay
- The money that usually reaches you after deductions.
- Emergency first
- A planning mode where Namna keeps an emergency buffer aside first before counting the rest toward your longer-term plan.
- Temporary costs
- Short-term costs in a change, like tuition, repairs, or helping family. These reduce how much you can keep adding while they are active.
- Government retirement support
- An estimate for future support from SSS or GSIS that can reduce how much your own money needs to cover later.