Life Calculator Exercises:

• Longevity: How long will you live? Calculate your life expectancy.
• Club Sandwich Generation: Do you have multi-generational responsibilities such as elderly parents and children?
• Risk Management: Is a 2% higher return on your portfolio better than controlling risk?
• Savings Goal: What $$ must you save and for how long to become a millionaire?
• Save or Pay Down Debt: Determine the factors which affect your decision to save or pay down debt.
• The Number: What is your retirement savings gap?
• What is the value of the Life Calculator?
• Most Likely Adverse Events: Select the two most likely adverse events and determine their dollar impact.
• Time Series: Measure the impact on your balance sheet of adverse events occuring in different decades of your life.
• Multiple Adverse Events: Pick your personal "What-If?" Scenarios
• Extended Employment: What is the financial gain of working 5 years longer? 7 years longer?
• Employer Match: What is your gain from an employer-matched pension plan?
• Benefit Rich: What value do you achieve from working at a job with benefits?
• Buying Large or Buying Small: What is the better 15 year value? Buying a large or small home?
• Timing Your Home Sale: What is the gain or loss from timing the market?
• Buy vs. Rent: Should you buy or rent?
• Reverse Mortgages: Is a reverse mortgage right for you? How much income can you expect?
• Healthcare Insurance: What is your best value?
• Long-term Care Insurance: How much is enough and when should you buy?
• Annuities: Do they add value for you?
• Return to Education: Is going back to school worth it for you?