There are 2 Retirement Lifestyles available; Retirement Lifestyle 1 and Retirement Lifestyle 2. Retirement Lifestyle 1 will automatically end where Retirement Lifestyle 2 begins.
Client Age: Set the age at which the Client will begin Retirement Lifestyle 1 and Retirement Lifestyle 2.
Spouse/Partner Age: When building a Joint plan, the Spouse/Partner Retirement Lifestyle 1 age can be set independently of the Client. Select ‘Same Year as Client’ from the drop-down to indicate that the Client and Spouse/Partner will retire at the same time, or select ‘At Age’ to establish a separate retirement age for the Spouse/Partner. Retirement Lifestyle 2 will always start at the same time as Client Age.
Monthly Income: Enter the after-tax monthly income needs in today’s dollars and the Annual Income field will automatically update. This value will grow with inflation.
Annual Income: Enter the after-tax annual income needs in today’s dollars and the Monthly Income field will automatically update. This value will grow with inflation.
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