I’m trying to model the proceeds from a universal life policy at a future date to fund my retirement goal in the cash flow based planning module. Do I still need to setup an account and use it to fund the retirement? If that’s the case, how do I fund this account in future. Has anyone faced this situation? I tend to think it’s not uncommon.
Hi, my client and his spouse are of similar age, currently 65. Client has PIA of about $2,500 whereas his spouse has PIA on her own record around $800. I’m wondering if the wife can start taking reduced benefits now (before FRA) and later switch to spousal when husband reaches his FRA and opts for file and suspend.
It’s been a while since I attended the demo. Can someone please recap some Wealth Planner best practices for a client in accumulation in accumulation phase?
How do I model a current or future client disability to see the change in cash flow and any cash shortfalls?