Life: 1× pay at workDisability pay: noneLong-term care: none
Current Path
BW Recommendation
No insurance. The starting pointFocus on
View at ageSome panels are set to their own age · Reset allJohn 65 · Mary 62 · Retirement
⚠ Death Event Active: John at age 52
Income stops · Saving stops · The insurance pays out if in place · Every panel shows life after the event
Accumulation20 yrs to retirement
How big is the policy?Minimum
Backup —
The Focus buttons above set these two dials · drag to adjust
1Liquidity + Opportunity
at 65✕
Detail ↗
This panel atage 65
Cash on hand✎
$126k
grows at 1.2% a year
Policy cash you can borrow✎
$0
no policy on this path
Money put to work✎
$54k
8.5% net a year
Safety floor · lockedOpportunity fund
Safety floor counts cash + policy cash value
Put the opportunity fund to work30% put to work
0%50%100%
Moves spare cash only
2Protection
at 65✕
Detail ↗
This panel atage 65
3Accumulation
at 65✕
Detail ↗
This panel atage 65
Total at this age · 6.0% average yearly growth
$5.1M
Includes cash + policy cash value · real estate & business value not counted here
Retirement assets$4.8M
Policy cash value$0
Cash put to work$340k
Borrowed money at work$0
Policy loan to pay back−$0
Life events$0
Cash on hand$180k
Insurance payout$0
4Distribution
at 65✕
Detail ↗
This panel atage 65
Retirement income · ~90% success · 30yr
$178k
→
$178k
Careful plan → higher (with the right tools)
Standard plan (Monte Carlo)
$178k/yr
3.5% withdrawals
Never sell low (volatility buffer)
—
Needs cash value
Guaranteed max (pension max, SPIA)
—
Needs lifelong coverage · example max
5Legacy + Estate
at 65✕
Detail ↗
This panel atage 65
To your family at this age
$2.1M
($215k/yr)
6Tax Buckets
at 65✕
Detail ↗
This panel atage 65
Taxed later
73%
Taxed now
20%
Tax-Free
7%
Hidden tax bill: ~$308k still owed on the taxed-later money at 24%
Edit Current Path
Insurance Policy
Distribution Settings
Inflation
Things cost more every year. U.S. prices have gone up about 3% a year on average over the last 100 years (CPI). Income and spending in this report rise at this rate. Set 0 to turn it off.
Liquidity Settings
Assets (same in both plans)
Asset
Balance ($)
Return (%)
Tax
Life Events
Liabilities
Liability
Balance ($)
Rate (%)
Income Used in the Legacy Box
Edit Client
The basics. Everything else is figured from these
Cash Left Over
Where the $42k comes from, and why it can only be used once
The math
Total income$310,000
Taxes (fed + state)-$78,000
Social Security + Medicare tax-$18,000
Mortgage payment-$28,000
Living expenses-$96,000
401k contribution (already counted in your assets)-$23,000
Debt payments-$25,000
Cash left over$42,000/yr
The 401k money is already taken out above
The $23k going to the 401k is already out of the cash left over. The 401k grows from its own balance. Do not add the $42k to the 401k in the asset table. That would count the same money twice.
Balance Sheet
Shared across all scenarios
Liquidity + Opportunity
The AND Asset: one dollar working in two places
Protection Detail
Coverage gaps and what they cost
Accumulation
Growth to retirement, the honest trade-off
Distribution
Three ways to take income, same odds of success, lowest to highest
Legacy
What is left after the income you spend. Change the income number below
Income You Spend
Income spent each year
Today's dollars · it rises with prices each year · changes the legacy box in real time
Include spending
Use the checkbox on the Legacy box to switch between with and without income
Insurance Payout · Why It Passes Better
Insurance payout skips court (probate)
Straight to your family
~30 days · income-tax-free · private
Investments go through court (probate)
9 to 18 months
Public record · 3 to 5% cost
Tax Buckets
The hidden tax bill inside your accounts
Why These Numbers
How the plan is built from your numbers. Every ratio is a Better Wealth default the coach can tune
Edit Growth Rate
What the money you keep in cash earns
A savings account earns about 1.2%. Life insurance cash value earns about 4.0% tax-free. Edit to match the policy illustration.
Years of household income kept locked as the safety floor. The floor counts cash + policy cash value. Only money above the floor goes to the opportunity fund. The floor rises with prices at older ages.
Money put to work · growth rate
What the investment earns each year
Everything at work earns this rate, your cash and borrowed money alike. This is the investment's rate; it has nothing to do with the policy. The loan rate lives on the Policy cash you can borrow tile.
Policy rates
How the cash value grows, and what borrowing costs
The cash value grows at its own rate inside the policy, loan or no loan. When you borrow, the loan to pay back grows at the borrowing rate. Only borrowed dollars carry it.
Add Life Event
One-time events that change the path of your savings
Asset / Lump Sum
Enter the after-tax amount. Positive adds to your savings, negative takes away. It shows as a jump or dip on the Accumulation chart.