|
The Lifetime Capital Needs Analysis Chart is a stacked bar chart that illustrates total lifetime cash outflows (Total Needed) vs. total
lifetime cash inflows plus liquid capital (Total Available). If the total needed Is less than the total available, the client would have
sufficient resources to meet their total lifetime financial needs. The Total Needed incorporates all Cash Outflows such as mortgage payments,
education funding, personal living expenses, gifts, rents, insurance premiums, taxes, and investments. The Total Available is the sum total
of Lifetime Capital (401ks, IRAs investment assets, 529 Plans, bonds, cash accounts, Certificate of Deposits, bonds, stocks, and mutual funds)
and Total Cash Inflows which include, income, pensions, Social Security benefits, Interest income, business income, and self employed
income.
|
