Monitor ALL of Your Property in One Place

Monitoring your internet price and the worth of your varied monetary property can change into advanced as you utilize a number of banking and investing platforms. Kubera is a handy, all-in-one digital platform that mechanically tracks your portfolio efficiency and shops important paperwork associated to particular accounts and your property plan.

Our Kubera overview delves into how this platform could be your go-to private property tracker for particular person and household monetary planning.

Abstract

Kubera excels in internet price monitoring by linking to over 10,00 monetary establishments worldwide. It will possibly observe funding efficiency for shares and bodily property and simulate future projections. Digital doc storage is one other distinctive benefit for easy property planning.

Execs

• Financial institution and funding account syncing
• Customizable internet price monitoring
• Vital doc storage
• $1 trial for 14 days

Cons

• No budgeting instruments
• No free plan
• Dear for easy conditions
• Lacks reside customer support

What’s Kubera?

Kubera tracks conventional and various asset values by linking to your monetary accounts. By organising your complete portfolio, you too can add guide accounts and, extra precisely, mission your future internet price steadiness.

It will possibly observe property, together with:

• Shares
• Financial institution accounts
• Actual property
• Cryptocurrency
• Valuable metals
• Autos
• Domains

Along with rapidly calculating your liquid net worth, I additionally like which you could add necessary paperwork for every asset alongside along with your property plan. This all-in-one platform could make it simpler for spouses, beneficiaries, and monetary advisors to view your full monetary image and entry the varied options. 

Whereas this platform requires a paid subscription, it offers extra perks than free internet price calculators, comparable to doc storage and superior reporting. For under $1, you get a 14-day full-access trial, which is loads of time to arrange your portfolio.    

This platform is finest for monitoring your internet price and storing digital copies of important paperwork in a single place. People who find themselves rich or wealthy and have sound cash administration practices can profit probably the most as there aren’t any budgeting options.

It’s most advantageous when you’ve a excessive internet price or personal a number of forms of income-generating assets and are critical about constructing wealth and visualizing your progress.    

How Does Kubera Work?

First, Kubera can sync to your monetary accounts mechanically, permitting you to view the present account steadiness when logging in. Kubera connects to most U.S. and worldwide banking and funding platforms utilizing Yodlee, however you too can add guide accounts.  

After including your monetary property and excellent loans, the platform calculates your internet price by subtracting any debt steadiness out of your whole asset worth. It additionally breaks down your investable property, money available, and potential tax burden in your account dashboard.

I didn’t take lengthy to hyperlink my varied accounts, and the automated syncing works effectively. Including guide accounts is straightforward, too. I recommend taking a number of additional minutes per account to fine-tune the fee foundation, money move, and acquisition date to find out your funding return. 

You possibly can modify every account for additional accuracy. For instance, you could embody the fee foundation for a number of inventory purchases. Moreover, you possibly can distinguish if the asset is in a taxable, tax-deferred, or tax-free account to estimate the potential taxes on unrealized features higher. 

What units Kubera other than different retirement calculators is its capacity to add paperwork like account statements, title deeds, and possession paperwork. You may also add digital notes to assist beneficiaries and monetary advisors be taught extra in regards to the account when reviewing your funds.

How A lot

Kubera begins with a 14-day free trial for $1 earlier than selecting an annual plan: 

• Private: $150 per 12 months
• Household: $225 per 12 months

With free read-only entry, you possibly can share your account internet price and funding particulars along with your monetary advisor, household, and mortgage officers. Take into account upgrading to the household plan if you need different family members to have their very own login particulars to entry your accounts.  

The platform additionally makes use of a “useless man’s change,” the place a named beneficiary mechanically features entry when you don’t reply to Kubera’s messages or log into your account inside a selected interval.

Sadly, there isn’t a free plan however this is without doubt one of the finest paid internet price trackers I’ve used with minimal frustration and ample flexibility. For my part, the $1 14-day trial may be very reasonably priced, and loads of time to resolve if that is higher than your present wealth monitoring methodology.

Key Options

Listed here are a few of Kubera’s finest monetary evaluation instruments with each plan. 

Web Value Tracker

The net worth tracker is the cornerstone profit, and it’s simple to arrange. You possibly can hyperlink to almost any financial institution or investing platform worldwide for computerized steadiness updates. 

There are additionally a number of methods so as to add particulars to synced and guide accounts, such because the asset acquisition date, authentic buy price, and any excellent loans or bank card debt. 

I discover the dashboard simple to learn because it highlights monetary metrics, together with:

• Whole internet price 
• Investable property (liquid investments like shares, crypto, and retirement accounts)
• Money owed
• Money available

The main points change into extra particular as you fine-tune every account. Furthermore, intensive stories begin populating as your account stays open since there may be extra knowledge to populate. 

Together with the simulator, you possibly can generate personalizable stories that break down your internet price and funding allocations.

Funding Tracker

You may also observe the funding efficiency by account, particular asset, or inventory image. It will possibly additionally connect with over 20 cryptocurrency exchanges and storage wallets. Bodily property are additionally trackable, however you could must manually enter the information excluding Zillow listings for actual property or automobile VINs.  

This platform calculates an inside fee of return (IRR) and compares it towards varied benchmarks, such because the S&P 500, Vanguard whole market index funds, Bitcoin, and Apple inventory.

The in-depth monitoring instruments replace often all through the day to view the present and historic portfolio values. Designating if the account is taxable or tax-advantaged helps estimate your potential tax legal responsibility.

Moreover, you possibly can regulate the possession proportion and dedicated capital to personalize your returns and portfolio worth. The platform separates your investments into separate sheets to simply evaluate liquid property like shares and funds to bodily property comparable to funding property.    

Different portfolio analyzers are a greater match if you wish to deal with optimizing your asset allocation or screening shares. 

Multi-Forex Assist

Along with connecting to over 10,000 monetary establishments worldwide, Kubera helps a number of currencies inside the similar portfolio. The right foreign money mechanically shows with linked abroad accounts. For example, a selected asset worth will likely be in euros if it’s a Swiss checking account.

You possibly can rapidly change the foreign money for guide accounts by typing the foreign money abbreviation earlier than the steadiness. The wealth tracker calculates the conversion fee so that you see the account worth in your most well-liked foreign money. At present, the online price dashboard can show in 10 foreign money denominations.  

Doc Vault

One other precious function is the power to retailer account-specific paperwork and property planning paperwork. It is a helpful perk for a lot of long-term planners who wish to make it as simple as attainable for beneficiaries and members of the family to view important documentation together with the present account balances.

Examples of paperwork that you could be add embody:

• Checking account particulars
• Enterprise contracts
• Contact data
• ID playing cards
• Insurance coverage insurance policies
• Last will and testament
• Energy of lawyer
• Treasure map
• Belief paperwork

Simply guarantee your uploads don’t point out account login data or passwords. Kubera encrypts your on-line knowledge, however delicate particulars can nonetheless fall into the mistaken palms. 

Web Value Simulator

You possibly can estimate your future internet price with customizable assumptions whereas monitoring your monetary progress. You possibly can add adjustable guidelines associated to property, money owed, revenue, and bills to realistically paint how your portfolio, revenue, and money owed will change.

A few of the filters you could make use of embody:

• Inflation fee
• Portfolio withdrawal fee (i.e., the 4% rule)
• Valuation change for a selected inventory or retirement account
• Taking out new debt
• Social Safety revenue

It can save you a number of eventualities to check the chances. Every state of affairs shows the projected modifications for one month as much as 20 years into the long run.  

Buyer Critiques

Under are a number of constructive and adverse Kubera critiques from paid customers.

“Kubera is a kind of providers which you could’t reside with out. I’m capable of observe actual property, autos, crypto costs, shares, bank card balances, banking, and way more, all with bank-level safety. I’ve tried many providers, together with a plain previous Excel file, however nothing else compares.”—Jared W. 

“​​I particularly like the power to hit “refresh” and have it populate. Private Capital (now Empower) does that at no cost however just for one aggregator so for half my stuff it breaks.” —ManlyMatt83

“Kubera is a good thought. A few of the connections and automatic charts could be clunky/inconsistent and I feel user-friendliness may very well be higher.” — Holly

“Nearly nice. Excellent at connecting to my accounts. I don’t want budgeting, however a listing of latest transactions could be actually useful. I want they have been capable of present easy calculations like subtracting bank card debt from my present checking account steadiness to show on the house display.” — Steven L.

Alternate options to Kubera

Kubera could make internet price monitoring and property planning simpler, however you could want different platforms providing budgeting options and private finance instruments.

• Empower: This free internet price tracker hyperlinks to most monetary accounts and helps guide accounts to guard your retirement financial savings. It additionally affords free funding portfolio evaluation instruments and non-obligatory wealth administration providers.  
• YNAB: This sturdy budgeting app helps you create a zero-sum funds to assign each greenback a job to cowl payments, repay debt, and lower your expenses. It additionally has internet price monitoring skills. 
• Tiller: Create a customizable funds spreadsheet to trace your every day transactions and plan for future objectives. You possibly can simply create a number of sheets and implement totally different budgeting methods to your private and enterprise funds. 

Regularly Requested Questions

Listed here are a number of generally requested questions on how Kubera can observe your wealth.

Does Kubera observe spending?

No, Kubera doesn’t observe purchases or invoice funds and solely tracks the every day account steadiness modifications. It’s essential to use a budgeting app to trace buy spending and make a family funds. 

Is the Kubera app protected?

The Kubera cell app for Android and iOS gadgets makes use of bank-level safety to encrypt your private knowledge. Moreover, the service doesn’t retailer your login particulars for linked accounts or promote your data. Nevertheless, you shouldn’t add paperwork or write notes that embody delicate data that would change into compromised by means of knowledge breaches or if the mistaken particular person accesses a read-only hyperlink.

What are the Kubera customer support choices?

From the web site or app, you possibly can ship an electronic mail or open a question within the chatbox. Sadly, on-demand reside chat and telephone assist are unavailable.

Abstract

Kubera is an efficient possibility for individuals who personal a number of property or need a digital property plan to observe their wealth. The web price tracker and digital doc storage could make long-term monetary planning simpler.

Lastly, automated account syncing can save a lot of time versus utilizing a conventional spreadsheet that requires guide updates.