The Savings Solutions screen allows for instant comparison between variables at retirement: both variables that the client may have control over (e.g. retirement age) and variables that they may have little if any control over (e.g. inflation).
The comparison can be easily changed by clicking on one of the buttons found at the top of the chart (except when comparing the defined benefit options).
The current situation is always the center bar (except when comparing the defined benefit options).
| Hints: | The chart allows for quick and easy changing of the comparison by clicking on the bar--which changes the client data (or spouse's date, whichever is focused). The data will be updated and that bar will become the center bar (except when working with defined benefit options). |
When working with clients who may have little if any shortfall, reasons for additional savings include looking at earlier retirement dates, higher income level and hedging against higher rates of inflation.