Originally from ticket #15302.
I am using retirement view 2015. I am using it with Windows. I have attached the file I am working on that has these issues. Thank You
1) I was working with a client and his wife. He is 48, she is 51. I entered their respective social security @ 67. The spread sheet shows both social securities appearing in 2015 onward. Obviously these dollars should not show up until each reach 67.
2) the graph for these clients starts @ his age 63 to 100. He is currently 48. Why doesn't the graph show from his current age of 48 to age 100.? The table depicts data from now ( his age of 48) to age 100 but not the graph?
Thanks for your assistance
Doug J.
Doug,
Thanks for being specific in your questions. That is always helpful.
1) I was working with a client and his wife. He is 48, she is 51. I entered their respective social security @ 67. The spread sheet shows both social securities appearing in 2015 onward. Obviously these dollars should not show up until each reach 67.
-- if you roll your mouse over the retirement graph you will see that the Soc Sec is not applied until 2032.
On the spreadsheet you are probably looking at the projected value which is not necessarily "applied into the picture". The correct column to look at in the Spreadsheet is "Total Estimated Social Security after taxes". You will see that as $0 before the set start age.
2) the graph for these clients starts @ his age 63 to 100. He is currently 48. Why doesn't the graph show from his current age of 48 to age 100.? The table depicts data from now ( his age of 48) to age 100 but not the graph?
-- because the graph you are referring to is the "Retirement Income Graph" which shows their "retirement". Since at 48 he is not retired... there is nothing to show until one of them actually retires.
Note that one of the two is retiring 2 years before the other and that injects the one still working's "Job Income" into the picture. Just make sure that is what you want to model. If not then sync up their retirements into the same year.