Management Walkthrough

Runway Builder

How long could you sustain your current lifestyle if income stopped? Runway answers that question—and lets you play with the variables.

001
Overview

What is Runway?

Runway calculates how many months your liquid assets would last at your current burn rate. The page shows three KPIs at the top: Runway (months), Burn Rate (average monthly spending), and Savings Rate (percentage of income you keep after expenses).

Below the KPIs, what-if sliders let you model income changes and category-level spending adjustments. A depletion projection chart shows the drawdown curve over time, updating in real time as you move the sliders.

002
Step by Step

Step-by-Step Guide

1. Check Your Baseline

Navigate to Management → Runway. Your current runway months, burn rate, and savings rate appear as KPI cards at the top.

2. Read the Depletion Chart

The chart shows your liquid assets declining over time at your current spend rate. The X-axis is months; the Y-axis is remaining liquid balance. Where the line hits zero is your depletion date.

3. Adjust Income

Use the income slider to model what happens if your income changes. Raise, job loss, side income—slide it and watch the depletion curve update in real time.

4. Adjust Categories

Expand the category sliders to model individual spending changes. Reduce dining by 30%? See how many extra months of runway that buys you. Each slider updates the projection independently.

5. Set a Target

Enter a target runway (in months) at the top. The page will show how far you are from your goal and what adjustments could get you there.

003
Pro Tips

Pro Tips

  • Know the benchmarks: Financial advisors generally recommend 3–6 months of runway for employed individuals. Self-employed or variable-income earners should target 6–12 months.
  • Model before committing: Use the what-if sliders before making big financial decisions. Thinking about a new car payment? Slide that category up and see the impact on runway before signing anything.
  • Actual vs budgeted: Burn rate uses your actual spending, not your budget. If you consistently spend less than budgeted, your runway will be longer than the budget alone would suggest.
  • Reset when done exploring: The “Reset sliders” button restores all what-if adjustments to zero, so you can start fresh without reloading the page.

Ready to Get Started?

Join Rikdom and start managing your finances with precision.