NetActuary is going to make available its extensive library of custom computational tools. The first group will be those that help with pre-retirement
planning. There is little point in talking about what assets would be required at retirement for a comfortable lifestyle without examining how feasible
this is. Paying off the home mortgage, funding private schools, the necessities of life, tax, lifestyle objectives and support for an investment property will have an impact on investible funds available. The pattern will be complex. The NetActuary calculator will be different to the usual target retirement asset and accumulation modules in that it will have the tools to provide cashflow/budgeting analysis long term to retirement. Often the retirement funding will need to wait until some of the other commitments have been met before serious saving can occur.
The example below of education funding for two children shows this is $542,411 (preserved value $348,210) commitment.
The post retirement suite of calculators not only will look at the issue of sustainability, but risk management. The calculators to implement - in an optimal manner - control of longevity, sequence, market etc. risks will be beyond anything currently available. It will use actuarial techniques to peer into the future in an active manner.
There is a suite of 12 web calculators used as lead generation. For those firms using these on a white label basis or directly, please check the links on
your site. There have been extensive updates over recent months to implement the longer-term objectives. NetActuary services have focused in on support for lawyers, overseas retirement money transfers, para-planning for esoteric retirement issues, and – from the end of this financial year – recommencing tax exempt actuarial certificates. The challenge for the next few months is to have these available via the web.
As a first step, please let me know (firstname.lastname@example.org) if you need any white label links updated.