For...

Start age

The start age of the project is the earliest start age on the list. Duration of Contributions defaults to calculating the present age with this start age.

End age

The end age of the project is the oldest end age on the list.

Do the start and end ages of desired capital fall on or within the project's timeframe or outside of the timeframe?

For instance: Travel starts at age 57, but retirement living expenses start at age 67. Is that accurate for this retirement project? When does retirement start?

Removing funding requirements

You have the ability to remove funding requirements by unchecking them.

For instance: you've decided to include all retirement expenses in the Living Expenses line. Uncheck Travel and Medical expenses if desired.

COLA

Is the COLA set to the desired amount?

Description field

Descriptions are initially generated from the template.

Does the Description field have the correct verbiage? For instance: if the template provides an annual amount based on 70% of household income and you've manually typed a different annual amount, did you change the Description to reflect that?

One-time payout

Use the Start Age field only.

For instance: The client needs $100,000 at age 75. Enter "75" in the Start Age field and leave the End Age field empty.

Wide age gap

When the primary and spouse have a wide age gap, please refer to these support resources:
👉 Wide Age Gaps Between Members in Retirement Funding
👉 Handling Age Gaps

✔️For each applied funding source in Cash Flows, Assets and Insurance sections...

✔️ For other funding sources you wish to apply (for instance, a non-retirement brokerage account)

Apply the funding source by clicking the check box next to the item. Ensure the above parameters are set to desired values.

Check age/dates of cash flows

Does the expected cash flow fall within the project's date/age range established on the What you want page?

For example: The project ends at the primary member's mortality age of 90. (You have defined the end of the project on the What you want page.) But their Pension is set to end at age 100. This funds the project with incomes that go beyond the lifespan of the primary member.

Wide age gap

When the primary and spouse have a wide age gap, please refer to these support resources:
👉 Wide Age Gaps Between Members in Retirement Funding
👉 Handling Age Gaps

Contributions

Contributions are typically added to the Retirement financial's Details tab on the Asset-Map.

Do contributions end at the retirement age you've set on the What you want page?

Loss to taxes

Target-Maps assume taking taxes off up front.

Has an appropriate percentage of loss to taxes been set? You're applying funding sources that will be consumed.

Cost of living

Is the applied cash flow expected to increase annually?

Adjust the COLA as desired

Future Value (FV)

Should COLA be calculated from today's age of the member, or at the age when cash flow funding becomes available?

Asset and distribution of asset

Are you unintentionally double-dipping, where an asset like an annuity in the asset section is also being distributed in the cash flow section?

This in effect is double counting the same asset (the full current value of the asset plus the full value of its distribution). Apply one or the other.

Asset-Map and Target-Map are linked

Keep in mind that the funding sources are a list of the tiles on the Asset-Map (excluding Liability financials and expense cash flows). Thus the Asset-Map and the Target-Map are linked. Editing the line item disconnects the line item from the Asset-Map. Future updates to the Asset-Map will not be reflected on the Target-Map.

To help you remember that you typed in a preferred value on the Target-Map, we indicate changes by displaying

"(Overwritten)" on the edit window as well as in italics.

I added an asset to the Asset-Map [retirement account, brokerage etc.]. Why is it not included on the Target-Map?

If a Target-Map is created before the asset has been added, the Target-Map will not automatically apply the new resource, however it will be listed on the What you have page.

View the Target-Map's What you have page. Check off the new line item to apply the funding.

Partial annual values

Check the left column for start ages. Some may be partial years (based on the client's age) and may impact their funding. If desired, set the age/date picklist to "date" and specify an exact date on the item's edit window.

Does the funding bar show fully funded but the table indicate they run out of money?

Check the ages of the capital funding and capital requirements to ensure they align and are within the project's endpoints.

Funding after running out

Does the plan become funded again later after running out of money?

Check COLAs, start and end ages/dates of the funding sources and check the ages/dates of the capital requirements. Make sure they align with expectations. Make corrections as needed.

Does funding start earlier than the plan?

For example: they want to retire at 70 but are getting their pension now at 67.

Does their current income cash flow help pay for their current living expenses in pre-retirement? You can adjust the start age of the item to match the start of the plan so that incomes are paying for retirement expenses.