A report provides a quick, customizable snapshot of your client's financial data. It is generated as a PDF, making it easy to share digitally or print. The report automatically reflects the scenario currently displayed on the Structured Income Planning page, and you can choose which pages to include using simple checkboxes. Below is the hypothetical client we will use as an example.
Client Information:
- John Doe, age 58; birth date: 01/01/1968; retirement age: 67
- Jane Doe, age 54; birth date: 01/01/1972; retirement age: 67
Incomes:
- John Doe — Wages: $125,000 growing at 2.8% per year; Social Security (SS) at 67: $32,626 COLA at 2.8%; Pension at 67: $48,000 COLA at 2.0%
- Jane Doe — Wages: $250,000 growing at 2.8% per year; Social Security (SS) at 67: $36,000 COLA at 2.8%
Assets:
- Taxable Joint Brokerage Account (BA): $2,000,000; Moderate, 3% net growth per year
- Tax-Deferred Individual IRA (John): $450,000; Conservative, 2% net growth per year
- Tax-Free Roth (Jane): $750,000; Conservative, 2% net growth per year
- Residential home: $750,000
- RV: $175,000
Goals and Objectives:
- Both clients would like to retire at their full retirement age (67).
- Target Income: The first year will start at $250,000 with an inflation factor of 2.5%. When in retirement, the target income will start at $200,000 and continue to grow at 2.5%.
- Tax-Deferred Individual IRA (John): Contribute the full amount until the age of 67 and starting in retirement years withdrawal amounts to reach the target income for the remainder of the plan.
- Tax Free Roth (Jane): Contribute the full amount until the age of 67 and starting in retirement years withdrawal amounts to reach the target income for the remainder of the plan.
- Taxable Joint Brokerage Account (BA): Contribute the yearly excess amount from the target income or withdrawing to meet the target income for the remainder of the plan.
Expenses:
- Gifting to Children: While working $12,000 per year, in retirement $24,000 for the remainder of their lifespan.
- Travel: While working $8,000 with an inflation factor of 2.8%, at 67 starts at $16,000 with an inflation factor of 2.8% until age 80.
Concerns:
- Having enough money saved in retirement to cover their basic needs.
- Continue contributing to their children throughout their lifespan.
- Travel regularly until age 80.
To learn more see articles:
Step 1: View All Cases: Click the green View All Cases button under the Your Case List heading. 
Step 2: Case: Click the client account you would like to open. (Doe, John & Doe, Jane). 
Step 3: Structured Income Planning: Click the Structured Income Planning link under the Client's name. 
Step 4: Structured Income Planning Landing Page: SIPS will automatically take you to the Structured Income Planning landing page.
Step 5: Scenario: Take note of the scenario currently displayed on the Structured Income Planning Page. This will be the scenario the report will be generated from. If you would like to switch scenarios, select the drop-down caret arrow and select the appropriate scenario. 
Step 6: Reports: Click the Reports link under the Client's name. 
Step 7: Select Pages to Include: Click the checkboxes for the pages you would like to include in the report. 
Step 8: Name: If needed, change the name of the PDF file. 
Step 9: Generate Report: Click the green Generate Report button under the Reports heading. 
Step 10: Download: Locate and open the PDF that was created. (or: Double-click the created PDF). 
Step 11: Report: A condensed view of the report. 
If you feel you need more support or would like to set up demo time with one of our representatives, please contact us at: support@planscout.com
