Scenarios

A best practice when running needs-based analyses using Target-Map Reports is to illustrate variations of a particular scenario. This allows the client or prospect to see what a goal or event would look like if different variables were applied (Examples may include: changing growth rate; changing COLA, pushing back age of retirement, saving more each month to fund a child's education goal.)
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Instead of re-creating each new Target-Map with alternate variables from scratch, you can quickly clone and edit any existing Target-Map by following the steps below:

1. Navigate to the Target-Map Summary page or open a specific Target-Map Report.

2. Click the "Clone" icon found to the right of the Target-Map Report you wish to duplicate. A copy will be created immediately. "Copy" will be part of the title.

3. Click the title of the copied Target-Map to change the parameters to the new scenario.
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4. From the edit page of the specific Target-Map make any changes to the variables on the various tabs.
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We recommend you change the title of the Target-Map to reflect the scenario, too. Click the word "Edit" near the title to bring up the Target-Map edit window to modify title and some other parameters if you so choose. Press "Update" when complete.

Here's an example of a Target-Map and its clone demonstrating a lower expected rate of return on investible assets. The Expected Net Return on Capital has been set to 4% (top - clone) from 5% (bottom - original).

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4/2024