Early Spousal Death - Longevity Settings

hello income lab I want to review some

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features for advanced longevity planning

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and stress testing plans for the early

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death of a

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spouse here we have Tom and

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Mary they have several cash flows that

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depend on Tom being alive so there's a

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uh a single life

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pension

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for $1,000 a month there's a joint with

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50% survivorship annuity for $1,200 a

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month and Tom has $3,000 in Social

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Security Mary

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2,000 so if

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I copy this

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plan and look at Tom passing

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away in

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2033 now spending capacity is quite a

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bit lower

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because in 2033 the the single life

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pension goes away the joint annuity gets

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cut in half and Mary's social security

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goes from 2,000 to 3,000 for her

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survivorship benefit but Tom's goes

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away we can see these same effects in

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life

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Hub where for

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example Tom's rmds are starting in 2031

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before he passes away and so we get

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withdrawals from the taxable account and

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from Tom's Ira but then in 2034 those

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rmds go

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away and all of Tom's Ira moves into a

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spousal rollover Ira for

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Mary and then rmds start for Mary in

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2036 I hope you enjoy using this feature

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and it adds a lot of value to your

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planning thanks