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Retirement Age |
Enter the age at which each client will start retirement. At the start of retirement, the client’s salary will end and income needs will adjust to post-retirement amounts. |
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Start Social Security at Age |
Enter the age at which the client will begin receiving Social Security retirement benefits. The software will automatically calculate the client’s full retirement age (FRA) based on their date of birth and then adjust their retirement benefits to reflect an early or late benefit start age. Social Security benefits can be entered on the Household Information screen and the Social Security Annual Increase Rate can be adjusted on the Assumptions screen. |
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Percentage of Current Income to Provide |
Enter the percentage of the client’s current income will be needed during retirement. Amounts are adjusted annually based on the “General Inflation Rate” entered on the Assumptions screen. |