Planit:Pensions and Other Revenues Screen

From Planipedia
Jump to: navigation, search
Geographylogo.png Languages: Français | Español | 中文
PlanPlus Planit.jpg
There is more than one way to learn about PlanPlus Planit. Check out our other Training options, from structured tracks around planning types, to self-serve, mix-and-match topics.


The Pension and Other Revenues screen is where you’ll record any revenue streams anticipated over the course of the client’s lifetime. Take a look a the topics outlined below, which will help guide you through using the Pensions and Other Revenues screen, as well as understanding how the revenues are used for future planning.

Question-mark-7-xxl.png Question-mark-7-xxl.png

Don't see quite what you're looking for?

Click here to see all training material related to the Pensions & Other Revenues screen or click here to go to our main Training hub.


Pensions and Other Revenues Screen Training

Order Title Description Key Points Level Generic Canada Malaysia
1 Introduction to the Pensions and Other Revenues Screen What do I enter on the Pensions and Other Revenues Screen?
  • Purpose of the screen
  • Overview of data entry required
1 Video Video
2 Default Revenues What are the revenues that automatically appear on the Pensions & Other Revenues screen?
  • Government benefit assumptions
  • Salary, tax deductions
  • Asset disposition - personal use and holdco
1 Video
3 Add a Revenue How do I add another source of revenue for my client?
  • What kinds of things do you add?
  • Detailed revenue fields
1 Video
4 Defined Benefit Pension How do I properly include a defined benefit pension into my client's plan?
  • See Pension Calculator prior
  • Pension & Other Revenue data entry
  • Bridge entered separately
1 Video
5 Civil Servant Pension How do I properly include a civil servant pension into my client's plan?
  • Calculation formula
  • Pension & Other Revenues data entry
1 Video
6 Override Default Withdrawals How do I override the withdrawals assumed by PlanPlus Planit?
  • When it is appropriate
  • Pensions & Other Revenue forced withdrawal data entry
  • Tax optimization alternative
2 Video
7 Income During Retirement How do I show that my client may continue receiving some income even after retirement?
  • Add Revenue
  • Data entry required
  •  % taxable
1 Video
8 Pensions & Other Revenues Graph How do I interpret the graph on the Pensions & Other Revenues screen?
  • Graph of revenue over lifetime
  • Comparison with goals graph
1 Video
9 Multiple Scenarios How do I compare different scenarios on my clients' financial goals?
  • Introduction to concept and tabs
  • Some example scenarios
  • Current and Active tabs
  • Make data entry changes for a scenario
  • See results for each scenario
2 Video
Retired Clients How do I enter information properly for a client that is already retired?
  • Planning Assumptions - retire age, edit benefits to exact amount
  • Cash Flow incomes, input or calculate for family expenses, detailed cash flow
  • Objectives - only retirement lifestyle - edit it to be appropriate
  • Savings - empty
  • Modelling Assumptions - no work longer
Video
Takaful Policies How do I properly add a takaful policy for my Islamic client?
  • Summary insurance fields
  • Main entry difference b/n conventional and takaful
  • Pensions & Other Revenues Term Takaful Payout
  • Event-specific goal to correct for double insurance coverage
C Video
Active Scenario What is an active scenario? How do I change the active scenario? Where do I see the data entry for a particular scenario?
  • Introduction to multiple scenarios
  • Change scenario - Planning Assumptions
  • Edit scenario
  • Screens affected
2 Video
Death Scenario What does the 'Death' tab mean on my screen? How do I use a scenario planning for the event of my client's death?
  • Intro to multiple scenarios, immediate death
  • Add specific savings, revenues, goals etc.
  • Example revenue entry
2 Video
Disability Scenario What does the 'Disability' tab mean on my screen? How do I use a scenario planning for the event of my client's disability?
  • Intro to multiple scenarios, immediate disability
  • Add specific savings, revenues, goals etc.
  • Example revenue entry
2 Video
Inheritance How do I include an expected inheritance into my client's plan?
  • Pensions & Other Revenues detailed entry
  • Tax rate
1 Video
Sale of a Cottage How do I include the expected sale of a cottage into my client's plan?
  • Personal Use account
  • Asset disposition data entry
  • Preview record in Pensions & Other Revenues
2 Video
Residence Downsize How do I show the revenue coming from a client's residence downsize?
  • Pensions & Other Revenue detailed entry
  • Tax rate
  • Choice edit death disability scenario
1 Video
Indexation What does the Indexation field mean, and how does it affect my client's plan?
  • Alternative to inflation
  • Example of different index (inheritance, education costs)
  • Future Value of revenue or expense relative to rest
1 Video
Pension Calculator How do I calculate the annual amount my client will receive from his/her defined benefit pension plan?
  • Calculator data entry
  • Early Retirement Reduction
  • Survivor Benefits
  • Collecting materials
C Video