Software and IP cost viability for home use

Couple of small clarifications:

A 1-year subscription is a perpetual license and you are entitled to all software releases within that 1-year time frame. i.e. if you buy it today, in the year 2020 you can still use all the software released before June 23 2017. You don't need to renew your license to maintain rights to already licensed software/IP.

A "time limited" license in the context of Altera IP means that you have unlimited access to compile "time limited executables". In order for the board to execute your image, you need to be tethered to the PC and have an active JTAG connection. Or once the connection is broken, the executable stops functioning after a time period (30 minutes?).

Best I can tell, you should be able to achieve your goals with no money spent on software+IP.