This tab offers three graphs that provide visual backdrops for crucial talking points: Income sources, Withdrawal rate, and Retirement spending. Hovering your mouse over each chart allows you to see dollar values for each year:
Just like the Comparisons tab, Retirement Details allows you to toggle between different return scenarios using the dropdown menu in the upper right.
Income Sources
The Income Sources chart provides a breakdown of the client's retirement income sources. Each income source is color-coded to provide a clear, visual distinction between each:
Social Security, Pension Income, Annuity Income, and Savings Withdrawals are always shown, even when not required to cover a client's yearly outflows. Other income represents the combined amount of all other income sources, and will only display in this chart if needed to cover additional outflows.
Withdrawal Rate
The Withdrawal rate chart illustrates the percentage of invested assets withdrawn each year to fund retirement expenses. This number will include any RMDs, manual distributions, and negative net flows that occur due to cash flow deficits. Hover your mouse over the bar chart to see the withdrawal rate percentages for each year.
Retirement Spending
The Retirement Spending chart provides a breakdown of the client's retirement expenses. Each expense category is color-coded to provide a clear, visual distinction between each:
This chart excels at visualizing the impact of retirement spending strategies on a client's retirement expenses. Implement a spending strategy using the Action Items, and then isolate the "retirement expense" category using the legend underneath the chart:
