Income Pivot Planner

Start with a simple snapshot, then refine assumptions with the timeline chart, schedule, and stress views.

Default inflation 2.0% Default A-rated MYGA 5.5% Educational planning tool

Profile setup

Scenario + horizon

Scenario

State

Current age

Model until age

Expenses (left side)

3 bucket spending model

Essential spend (monthly $)

Basic lifestyle (monthly $)

Optional spend (monthly $)

Inflation assumption (%)

Display dollars

All spend inputs are monthly in today's dollars. The model inflates them by your inflation setting each year.

Assumptions + buffers

Planning assumptions

Estimated taxes on income (%)

Simple planning estimate used to keep the income picture realistic.

Cash reserve available for deficits ($)

Available cash buffer before a planning gap appears.

Health-cost bridge ends at age

Extra pre-Medicare health cost (monthly $)

Basic + optional change at retirement (%)

One-time expense age (optional)

One-time expense amount ($)

Use this block to test planning resilience. This calculator is educational and does not provide individualized advice.

Income stream 1

Future job + Social Security

Job income (annual)

Job growth (%)

Retirement age

SS start age

SS monthly ($)

SS COLA (%)

Income stream 2

SEPP 72(t) pre-retirement stream

Enable SEPP stream modeling

SEPP annual distribution ($)

Distribution source

SEPP start age

Planned SEPP end age

Apply rule-aware penalty handling

Educational approximation: this model checks only basic continuity criteria (5 years or to age 59½, whichever is longer). It is not legal or tax advice.

Income stream 3

MYGA split model (annuitized + preservation)

Retirement / IRA total ($)

Default MYGA allocation from IRA (%)

Auto-set MYGA principal and duration from IRA total + retirement age

MYGA accumulation (%)

Total MYGA principal ($)

Annuitized share (%)

Non-annuitized MYGA duration (years)

Non-annuitized MYGA maturity routing

Annuitized income start age

Annuitized payout rate (%)

Annuitized income COLA (%)

Min annual annuitized income ($)

Split modeling: annuitized MYGA can provide pre-retirement income; non-annuitized MYGA focuses on capital preservation and maturity routing. Any 72(t)/SEPP penalty treatment shown here is a simplified educational approximation.

Income stream 4

Stock market stream

Starting portfolio ($)

Expected return (%)

Withdraw rate (%)

Stock draw start age

Annual contribution pre-retire ($)

Stress return shock (%)

Controls

Tip: annual view is better for stress and cumulative diagnostics; monthly view helps lifestyle budgeting.

Model assumptions + limitations

Annual-step simulation; intra-year timing and half-year IRS thresholds are approximated.
SEPP 72(t) logic is a basic continuity screen only, not a legal determination.
Tax assumptions use one simple blended estimate plus optional early-withdrawal penalty modeling.
MYGA handling is scenario-based and does not model carrier-specific contract riders.

Educational calculator only. Use these estimates to prepare for a licensed-professional conversation; they are not individualized insurance, tax, legal, or investment advice.

Next step

Questions to bring to a licensed professional

Request licensed review

Use this as a conversation starter with a licensed professional, not as a recommendation.

Job income
Social Security
Fixed-annuity income
Portfolio income
Early-income option
Expense need

Use the chart to see when income may fall short of spending needs and which income sources are expected to cover them.

Year-by-year detail for review. The main question is simple: when does income cover spending, and when does a gap appear?

Age	Essential	Basic+Optional	Health+One-Time	MYGA transfer	Total Expense	Job	Social Security	Annuity	Stock Stream	SEPP Stream	SEPP/72(t) Penalty	Gross Income	Est. Taxes	Estimated Income	Gross Gap	Reserve Used	Unfunded Gap / Surplus	Cumulative Unfunded	Reserve End	Portfolio Balance

Scenario	Retirement Income vs. Spending	Potential Shortfall	Years to Review	Change vs. Baseline

Stress scenarios show which assumptions most affect the income gap, so a follow-up conversation can focus on the right tradeoffs.

Educational planning tool only. Use this as a conversation starter with a licensed professional, not as individualized insurance, tax, legal, or investment advice.