Recession Replay2008 and 2020, on your income

What would 2008 have done to your paycheck?

Enter the income your investments pay you today. We replay the last two crises on it, using what actually happened to dividends, rents and savings rates.

  • Real history, sourced
  • 2 crises
  • Weak spot report
Sample · 2007 to 2009

$54,000 $37,332 a year

Dividend stocksS&P 500 dividends fell 21%$24,000 $18,960-21%
Apartments and rentalsOperating income fell 4.6%$18,000 $17,172-4.6%
Savings and CDsYields fell from 4.53% to 0.47%$12,000 $1,200-90%
Step 1Your income today

What do your investments pay you each year?

Rough numbers are fine. Leave a box at 0 if it does not apply.

Dividends you receive in a year

Net rental income or apartment fund distributions

Interest you earn in a year

Total today: $54,000 a year
Replay 1 · The financial crisis · 2007 to 2009

Two years later, the same portfolio pays this

Your yearly income

$54,000

$37,332

Dividends: S&P 500 dividends per share, down 21% at December 2009. Apartments: Equity Residential same-store net operating income, down 4.6% in 2009. Savings: one-year Treasury yield, 4.53% average in 2007 to 0.47% in 2009, for money rolled over each year. Index-level history; your own holdings would differ.

2020
$41,900

Now see 2020, and your weak spots

The 2020 replay, the three weak spots in your income, and what both crises look like with part of your income under a medical lease.

Free. Takes 20 seconds.

Get your full Recession Replay.

Tell us who you are and the rest opens on this page.

  • The 2020 replay on your income
  • Your three weak spots
  • The same crises with medical triple net in the mix
  • A sourced PDF report

It opens on this page right away. No spam, and your numbers stay in your browser.

Replay 2 · The pandemic · 2019 to 2021

2020 was faster, and it hit savers hardest

Your yearly income

Dividends: S&P 500 dividends per share, down about 3% at the March 2021 low; 932 U.S. companies cut or suspended dividends in 2020. Apartments: NMHC Rent Payment Tracker, 94.6% of households paid by the end of April 2020 against 95.9% a year earlier. Savings: one-year Treasury yield, 2.05% in 2019 to 0.10% in 2021.

Your three weak spots

What if · Part of your income under a medical lease

Replay 2008 again with a different mix

Medical tenants kept paying. Medical office occupancy stayed above 90% through the downturn while general office vacancy reached about 17%. Move the slider to shift part of your income into medical triple net.

2009 income with the shift

than your current mix.

Medical triple net is modeled at 0% change for 2007 to 2009 (contract rent, with no credit for scheduled yearly increases) and +0.6% for 2020 (Healthcare Trust of America same-property cash NOI growth, second quarter 2020, when it collected about 95% of rent). These are market-level history and stated assumptions, not Health Wealth Capital performance. HWC did not operate a fund in 2008 or 2009.

View the offering

Put part of your income under contract.

HWC buys medical buildings on long triple net leases. Series 3 is open to accredited investors.

SourcesCheck our work

Where the numbers come from

  • S&P 500 dividend growth, year over year: -21.07% at December 2009 and -3.27% at March 2021. multpl.com, from S&P Dow Jones Indices data.
  • 932 U.S. dividend decreases and suspensions in 2020. S&P Dow Jones Indices press release, January 6, 2021.
  • Equity Residential 2009 same-store results on 113,598 apartment units: revenue -2.9%, net operating income -4.6%. Company filing with the SEC.
  • Apartment vacancy reached a record 8.0% in 2009 and effective rents fell 3%. Reis, reported by CNN Money, January 7, 2010.
  • NMHC Rent Payment Tracker: 94.6% of apartment households paid rent by the end of April 2020, against 95.9% in April 2019. National Multifamily Housing Council.
  • One-year Treasury constant maturity rate, annual average: 4.53% (2007), 1.83% (2008), 0.47% (2009), 2.05% (2019), 0.37% (2020), 0.10% (2021). Federal Reserve, via FRED.
  • Medical office occupancy held above 90% from 2009 on, while general office vacancy peaked near 17% in 2010. Revista.
  • Healthcare Trust of America, second quarter 2020: about 95% of rent collected, same-property cash NOI +0.6%. Company Form 8-K filed with the SEC.

The replay applies index-level and public-company history to the income you enter; your own holdings would have behaved differently. Medical triple net figures are market-level history and stated assumptions, not Health Wealth Capital performance. This page is for education only and is not investment, legal or tax advice. It is not an offer to sell or a solicitation to buy any security. Offerings by Health Wealth Capital are made only to verified accredited investors under Rule 506(c) through definitive offering documents. Targets and projections are not guarantees, past performance does not predict future results, and you can lose money. By submitting a form you agree that Health Wealth Capital may contact you by email, phone and text about its offerings. Message and data rates may apply. Reply STOP to opt out.