Page 51 - Mumme Booklet

DRAFT

DOUG AND MARIE MUMME

RETIREMENT INCOME OBJECTIVES WITH MARIE'S

LONG-TERM CARE STARTING ON JAN 1, 2047

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CLIENT INFORMATION
L o n g - Te r m Ca r e – Ma r i e
Doug Marie
Age at End of Year 54 56
Retirement Age/Year 65 / 2032 67 / 2032
Assumed Long-Term Care 82 / 2047
Event Start Age/Year
Assumed Death at Age/Year 88 / 2055 87 / 2052
(Marie's long-term care end
date)

INCOME NEEDS DURING RETIREMENT (INCLUDING LONG-TERM CARE)

Annual
Amount Annual Annualized
(in today's Increase Amount at
Description Individual Applicable dollars) Rate LTC
Retirement Expenses
Retirement Joint Jan 1 2032 to Dec 31 2055 $475,000 3.0% $1,024,381
Expense

Expenses changing at Marie's Long-term Care
LTC Expense Marie Jan 1 2047 to Dec 31 2052 $84,000 5.0% $298,677
($7,000/mo)

Annual Income Needed $1,323,057

The amounts and dates above are based on information provided by you. Annual increase rates used are
hypothetical rates at which you are assuming an amount will grow over time due to inflation or other reasons.

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This plan is not complete without the Assumptions and Disclosures pages appearing at the end.
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