Human Capital

Human Capital settings will affect the Risk Management Chart and the risk management pages of the Client Report.

Life Insurance: Select the number of Human Capital years to cover with Life Insurance from the drop-down.

Critical Illness: Select the number of Human Capital years to cover with Critical Illness Insurance from the drop-down.

Disability: Select the number of Human Capital years to cover with Disability Insurance from the drop-down. The software will divide this Human Capital amount by the number of months remaining to this point to calculate a monthly Human Capital for disability.

DI % Income: Enter the percent of Human Capital income to replace with Disability Income.

LTC % Income: Enter the percent of Retirement Income Needs required should your client require Long Term Care at some point in the future.

Present Value Rate: Enter the percent of return used to present value future income in the Human Capital calculations.

!Disability and Critical Illness are no longer calculated after retirement.