Income Laboratory, Inc. (“Income Lab”) does not provide investment, financial, tax or legal advice. The information provided in Income Lab software applications and outputs from these applications (“plan results”) may not be relied on for purposes of avoiding any federal tax penalties. Clients should seek financial, tax and legal advice from their professional advisors.

Assumptions and historical data regarding rates of return, risk, inflation, longevity and other factors may be used in analyses. These data should not be considered a guarantee of future performance or a guarantee of achieving overall financial objectives. Past performance is not a guarantee of future results of either investment indices or of any particular investment.

Information generated and displayed in plan results regarding the likelihood of various investment and retirement income outcomes are estimates and are hypothetical in nature. They do not reflect actual investment results and are not guarantees of future results. Returns data and assumptions regarding investment returns behavior are not reflective of any specific product, and do not include specific fees or expenses that may be incurred by investing in specific products. The actual returns of a specific product may be different from the returns modeled in Income Lab.

No portfolio allocation eliminates risk or guarantees investment results. Income Lab does not provide recommendations on investment allocations or for any products or securities.

Plan results may vary with each use and over time. Furthermore, plan results may vary depending on the selected analysis method and other plan parameters and settings.

Client data that users provide include key assumptions for plan calculations and analysis. Clients and advisors must review plans to verify the accuracy of this information. If clients become aware that any of the assumptions are incorrect, they must notify their advisor(s). Even small changes in assumptions can have a substantial impact on plan results. Users must review plan data periodically and update this data when information or circumstances change.

All asset and net worth information included in plan results was provided by the client or client’s advisor and is not a substitute for the information contained in the official account statements provided to the client by custodian(s). The current asset data and values contained in those official account statements should be used to update the information included in Income Lab, as necessary.

Assets in account(s) may not be covered by FDIC or SIPC. FDIC and SIPC coverages apply only to certain assets and may be subject to limitations. Questions about coverage that may apply should be directed to the asset provider or sponsor.

Calculations for plans use asset class returns data, not returns of actual investments. The projected return assumptions used may be estimates based on average annual or monthly returns for each asset class. Portfolio returns are calculated by weighting individual asset class return assumptions according to portfolio allocation specified in User’s plan as well as any specified asset-class specific fees. Portfolio returns reflect weighted net asset class returns reduced further for any other overall fees entered in the plan.

Plan results may include outputs of Monte Carlo simulations. Monte Carlo simulations are hypothetical in nature and model a wide range of possible outcomes based on capital market assumptions (CMAs) entered and maintained by clients’ financial professionals or their firms. Advisors or their firms may also choose to use default CMAs provided by Income Lab. Default CMAs are based on historical asset class returns. These assumptions do not reflect actual investment results and are not guarantees of future results.