Frequently Asked Questions:
Will Training Be Provided?
…plus Lifetime Access to our support team.
What's the Difference Between LSVA and LSVA Manager?
What Is a 'Hurdle Rate'?
The Hurdle Rate chart compares these options visually, so you can immediately see the interest rate you’d have to invest to beat the pension (with the current Life Expectancy ages).
Does The Software Account For Join Survivor Benefits (JSA)?
Example: John and Mary are estimating their life expectancy to be 80 and 82, respectively. Mary is expected to live 2 years longer, so LSVA calculates those 2 years of extra pension benefits according to each specific plan!
Can It Calculate How Much I'll Be Able To Leave To My Heirs?
The Lump Sum Compare and Monthly Balance Charts show you detailed information about the Lump Sum compared to the current pension option and your Legacy with each plan.
Where Do I Find Out About Probability and Life Expectancy?
How Is This Different Than A Mortgage/ Amortization Calculator?
LSVA summarizes a complex series of calculations in an instant for your benefit, but it considers much more than a mortgage calculator, including
- Employee Life Expectancy
- Joint Annuitant Life Expectancy
- Multiple Pension Options
- Reverse Engineers the IRR for each Amount
- Creates Summarized Reports/Graphs for each Comparison
- Automated Proof Calculators
- Analyzes Joint Survivor Benefits
- Computes Inheritance to Heirs for each option!
Can I See What The Lump Sum AND Each Pension Option Would Look Like If I Could Get 5% Return?
You can play with the return percentage and change it as much as you want – you can change the Life Expectancy age(s) too for further research!
Does LSVA Support Level Income Calculations (LEVEL62/LEVEL65)?
I Already Have the Withdrawal Rate. Isn't That The Rate of Return?!
Example: Bob’s Lump Sum is $100,000. He gets $500/mo x 12 months = $6,000/yr
6,000 / 100,000 = 6% withdrawal rate.
If Bob only lives ~17 years, all he’s drawn out is 100,000 which is a 0% rate of return. This is the same as if Bob just drew his own money out and it ran out right when he passed away.
How Long Can I Get Support?
How Do I Contact RetireCode Support?
What you’ll need:
- A Windows Computer
- Microsoft Excel
If you have any questions, please contact us at firstname.lastname@example.org