Features

Conduct retirement planning with sophisticated analytics that reflect the best in planning research and data science, deeper pools of data, and processes for streamlining ongoing plan management.
Dynamic
Retirement
Income Planning
Tax-Smart
Distribution
Planning
Economic and
Market Conditions
Intelligent
Longevity Planning
Automated Plan
Monitoring
Easy Social
Security Planning

Dynamic Retirement
Income Planning

The evidence is clear: retirees rarely run out of money. Instead, they adjust over time, spending more when they can and less when they must. So the current focus on probability of failure is fundamentally flawed. The real questions are how likely is it that a client will need to take a pay cut, how large could it be, when might it occur, and how long could it last?

Income Lab uses total-risk based guardrails to build sophisticated, customized plans for how clients will adjust their spending as circumstances change. We continuously test these plans against current conditions and alert you when a client’s plan calls for a change.

Tax-Smart Distribution Planning

Deciding how best to source portfolio withdrawals involves accounting for a full range of tax effects and a wide range of withdrawal strategies as they apply to the idiosyncrasies of each plan. Income Lab’s Tax Center helps you quickly evaluate the tax consequences of strategies like bracket management and tax-ordering (e.g., Taxable -> Tax Deferred -> Tax Free), including all planned cash flows (Social Security, pensions, investment income, portfolio withdrawals) and their differential tax treatment, and produces simple, digestible data to help you and your clients make informed decisions

Economic and Market
Conditions

What a retiree can afford to spend is closely tied to current economic and market conditions like interest rates, inflation, and equity valuations. That means retirement risks are not the same in all environments.

Income Lab’s industry-first economic context engine allows you to incorporate information about market and economic conditions into your retirement spending advice. This engine is updated monthly so that your advice is never out of date.

Intelligent Longevity
Planning

Go beyond the awkward question, “how long do you expect to live?” with Income Lab’s powerful actuarial engine. Set longevity risk levels for your clients and build continuously updated longevity estimates into your income dynamic plans. Account for a range of longevity risks, including the risk posed to a surviving spouse if a client dies early in retirement. Income Lab updates your plans’ longevity estimates monthly to account for changes in clients’ ages and the latest actuarial data.

Automated Plan Monitoring

Retirement income planning is not a one-time event. Dynamic planning requires ongoing plan monitoring. Income Lab provides you with a scalable system for continuous fiduciary-ready plan oversight. Our system updates monitored plans monthly and notifies you when a plan calls for a change. You and your clients can rest assured that your plans are being actively monitored.

Easy Social Security
Planning

For many households, Social Security claiming is one of the most important parts of income planning. In just a few steps, Income Lab lets you access estimated Social Security benefits for any claiming date as well as break-even analysis to help you make informed decisions and communicate with clients about their Social Security benefit options.

Start now with a Demo

The first truly dynamic retirement
planning technology.