Category: Distribution

Truth Tip, Distribution

When working with the Distribution Calculator, once you’ve pushed either the “Interest Only” or “PayDown” button, it turns blue (meaning it is on) and puts the correct withdrawal amount in the withdrawal field.  Then, if you make a change to the Earnings Rate, Illustration Period, or Present Value, it will automatically re-calculate the Withdrawal amount. If you press the button again (no color) it will turn off the automatic function and subsequent changes to other fields will have no impact upon the Withdrawal amount. This can be helpful if you want to calculate a Withdrawal amount based upon a certain

Read More

Truth Tip on Distribution Calculator

When running a 41 year analysis, say from 65 to 105, yet you want a paydown for only 20 years, se the illustration period to 20, click the paydown button, then click it again (turns it off) then change your illustration period to 40 so you can see the 20 year paydown.  Then, in the Other Net Income section you could add Reverse Mortgage Income or Dividend Income from age 86 to 105.  Definition of “Additional Income” is “net after taxes but before qualified plan deduction”.  For example, if someone

Read More