Prepared for
Jane Anderson
A multi-decade, tax-aware projection across every account, income source, and expense bucket — with deterministic forecasts, Roth conversion strategy, and stochastic stress testing of sequence-of-returns risk.
Three questions sit underneath every part of this report. Jane's pages were built to answer them in order.
The plan funds through life expectancy under current assumptions. No infusion or return-rate change is required.
The single page a busy client reads. Everything else in this document supports these numbers.
This plan is 0 years from retirement, projected to draw $61,632 in the first year and $96,034 by age 80 — Monte Carlo says the trajectory is tight at 14%.
| Member | Role | Current age | Life expectancy |
|---|---|---|---|
| Jane | Primary | 65 | 95 |
Grouped by tax treatment. Drives the withdrawal-sequencing logic in the projection.
| Account | Type | Balance |
|---|---|---|
| Schwab Taxable | Taxable Brokerage | $100,000 |
| Account | Type | Balance |
|---|---|---|
| Vanguard IRA | Traditional IRA | $500,000 |
| Account | Type | Balance |
|---|---|---|
| Fidelity Roth | Roth IRA | $200,000 |
Snapshot at the start of the projection. Spendable drives drawdown; protected and income assets are non-drawdown.
Current portfolio mix vs. the target the advisor and household agreed on.
Where the household's money sits today across tax-treatment buckets, and what remains at the end of the plan.
A shared vocabulary for the four tax treatments referenced throughout this report. Every dollar in the household belongs to one of these buckets, and the tax it owes depends on which.
| Source | Type | Monthly | Starts | Ends | COLA | Taxable |
|---|---|---|---|---|---|---|
| Social Security | Social Security | $2,500 | Age 67 | Lifetime | 2.5% | 85% |
Stepped income trajectories — bridge years before Social Security, part-time consulting after, pension kicking in mid-retirement. Each row is a single phase. Empty when the plan doesn't use them.
| Phase | Age window | Monthly $ | COLA | Taxable % | Note |
|---|---|---|---|---|---|
| 1 | 65 → 66 | $4,000 | — | 100% | Bridge years — consulting before SS claim |
| 2 | 67 → 72 | $1,500 | 2.0% | 100% | Part-time consulting (post-SS) |
| Expense | Category | Annual | Starts | Ends | Inflation |
|---|---|---|---|---|---|
| Baseline living | Baseline | $50,000 | Age 60 | Lifetime | 2.5% |
| Healthcare (out-of-pocket + Medicare premiums) | Healthcare | $8,000 | Age 65 | Lifetime | 5.0% |
One-time events the recurring income and expense models can't capture cleanly — selling a property, a business buyout, an inheritance, tuition, large gifts. Each one is keyed to the owner's age. Inflows credit the destination account after tax; outflows act as an extra expense in that year.
| Event | Category | Age | Today $ | Direction | Taxable % | Treatment |
|---|---|---|---|---|---|---|
| Sell Florida condo | Home Sale | 70 | $300,000 | Inflow | 0% | LTCG |
| Grandchild college tuition | Tuition | 68 | $25,000 | Outflow | 0% | Ordinary |
Year-by-year cash flow under the base assumptions. Tax-aware withdrawal sequencing, RMD-forced distributions, inflation projection.
Thousands of randomized return sequences run against the deterministic projection. The percentile band shows the range of plausible balance trajectories.
14 of every 100 simulated futures last to age 95. The bottom-decile case runs out at age 80.
Multi-year ladder. Fills ordinary income to the target bracket each year; gates against IRMAA tier crossings unless lifetime savings justify the surcharge.
| Year | Amount | Bracket |
|---|---|---|
| 2026 | $196,750 | 24% |
| 2027 | $201,650 | 24% |
| 2028 | $101,600 | 24% |
Year-by-year cost schedule. Pre-65 is ACA marketplace pricing (post-PTC). At 65 the household switches to Medicare A/B/D plus optional Medigap and IRMAA-tier surcharge based on MAGI two years prior.
| Year | Age | Coverage | Premium | Part D | Medigap | IRMAA | OOP | Total |
|---|---|---|---|---|---|---|---|---|
| 2026 | 65 | medicare | $2,331 | $586 | — | — | $8,000 | $10,917 |
| 2030 | 69 | medicare | $2,833 | $712 | — | — | $9,724 | $13,270 |
| 2034 | 73 | medicare | $3,444 | $866 | — | — | $11,820 | $16,129 |
| 2038 | 77 | medicare | $4,186 | $1,052 | — | — | $14,367 | $19,605 |
| 2042 | 81 | medicare | $5,088 | $1,279 | — | — | $17,463 | $23,830 |
| 2046 | 85 | medicare | $6,185 | $1,555 | — | — | $21,226 | $28,966 |
| 2050 | 89 | medicare | $7,518 | $1,890 | — | — | $25,801 | $35,208 |
| 2054 | 93 | medicare | $9,138 | $2,297 | — | — | $31,361 | $42,796 |
| 2056 | 95 | medicare | $10,074 | $2,532 | — | — | $34,576 | $47,182 |
| Lifetime healthcare cost (31 yrs) | $779,588 | |||||||
Optimizer searches all claim-age combinations and recommends the pair that maximizes joint lifetime expected benefit.
The action items and personal commentary your advisor wants you focused on before the next conversation.
A retirement plan is a living document. Tax law, capital market expectations, life expectancy data, and the client’s goals all evolve. We recommend reviewing this plan annually and after any material life change — retirement, inheritance, health event, or sustained market move.
The engine re-runs in seconds, so updating assumptions and refreshing this report between meetings is low-effort.