WealthScape™ fills a void by meeting the growing need in the financial planning arena by focusing on the distribution phases of wealth during the retirement years. WealthScape offers a holistic view of the client's accumulation and distribution phases. It reveals how today's savings choices will affect the client's future income stream.
WealthScape provides a numbers-intensive analysis that evaluates:
Client goals
Taxation of various asset types
Required minimum distribution
Social security assumptions
Four tax environments (tax qualified, tax advantaged, tax deferred, and taxable)
20 asset classes
Up to 50 different assets
Estimated Social Security
Estimated pension benefits
WealthScape’s easy to understand graphics are color coordinated to match the output columns of the numerical reports in order to provide greater levels of simplicity and user-friendliness.
Social Security benefits are analyzed and tested for taxation implications according to Publication 915 from the Social Security Administration.
By evaluating the effects of repositioned assets and adjustments to changing assumptions on their net worth and resulting retirement income, producers can help clients make financial decisions today that will critically affect their future financial well being.
WealthScape provides guidelines to help in shaping financial plans regarding long-term goals in both the accumulation and/or distribution phases of life.
WealthScape is offered as a stand-alone planning tool, or as an integrated complement to any COSS Enterprise Solution.
