Planit:Retirement Income Calculator

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There is more than one way to learn about PlanPlus Planit. Check out our other Training options, from structured tracks around planning types, to self-serve, mix-and-match topics.



In this Video you will Learn...
How do I calculate the likelihood of my client achieving his/her retirement income goal?
• Calculator data entry
• 3 scenarios - 100% annuity, standard portfolio, and portfolio-annuity mix
• Mortality statistics
• Likelihood of achieving retirement income
• Likely values of estate
• Presenting report and trade-offs

Keep on Track! Continue training on...
Calculators

Other Related Topics
Registered Payout Illustration Target Portfolio Override Default Withdrawals
IRA Calculator Estate Net Worth Introduction to Modular Planning


The material in this video may differ somewhat from what you see on your site due to difference in version, jurisdiction, corporate content or access level. Regardless of these differences most of the core functions are consistent across all sites, so you'll be able to benefit by and large from what you learn in this video.


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The Retirement Income Calculator utilizes historical returns and risk factors (standard deviations) of a series of investment idices, and a Monte Carlo algorithm to generate randomized returns. These are applied to a combination of portfolio investments and life annuities to calculate the likelihood of the client achieving a desired income and the average estate residuals resulting from different mixes of annuity and traditional investments.

For a more information on the Retirement Income Calculator:Click Here

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