Income Diversification Analyzer
Our Income Diversification Analyzer helps you evaluate your income source diversity and identify opportunities to reduce income risk. Analyze the stability, passivity, and growth potential of your income streams to create a more resilient financial foundation.
Enter your current and potential income sources below to see how well-diversified your income portfolio is and get recommendations for improvement.
Monthly Income
$0.00
Annual Income
$0.00
Diversification Score
0/100
Stability Score
0/100
Passivity Score
0/100
Income Distribution
Income Portfolio Analysis
Recommendations
Add your income sources to receive personalized recommendations.
Your Income Sources
| Income Source | Amount | Frequency | Monthly Equivalent | Category | Correlation Group | Actions |
|---|---|---|---|---|---|---|
| Primary Job | $5,000.00 | monthly | $5,000.00 | Active Income | Employment | |
| Dividend Stocks | $500.00 | quarterly | $166.67 | Portfolio Income | Market | |
| Rental Property | $1,200.00 | monthly | $1,200.00 | Passive Income | Real Estate |
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Understanding Income Diversification
Why Diversify Income?
Income diversification reduces your financial vulnerability by ensuring you don't rely too heavily on a single source. If one income stream is disrupted, others can help maintain your financial stability.
Correlation Groups
Income sources within the same correlation group tend to be affected by similar economic factors. For optimal diversification, aim to have income from multiple correlation groups.
Passivity vs. Active Income
Passive income requires little to no ongoing effort to maintain, while active income requires your time and direct involvement. A good mix provides both current income and long-term security.
Disclaimer: This tool provides a simplified analysis based on the information you provide. The diversification scores and recommendations are for educational purposes only and do not constitute financial advice. Consult with a financial professional for personalized guidance on your specific situation.