0 %

Do you have a child with special needs?

When you've passed away, do you know how much money you will need to leave them?

Take this free 3-minute questionnaire to find out

Your age

 
 
 
 
 
0
 

Your life expectancy

 
 
 
 
 
90
 

Spouse/Partner's age

If applicable.

 
 
 
 
 
0
 

Spouse/Partner's life expectancy

If applicable. Default is 90.

 
 
 
 
 
90
 

Your child's age

 
 
 
 
 
0
 

Your child's life expectancy

Default is 90.

 
 
 
 
 
90
 

What future inflation rate do you want to assume?

Inflation is the rising cost of goods over time. Default is 2%.

 
 
 
 
 
2 %
 

What rate of return do you want to assume on your assets after management fees/fund expenses?

Default is 6%.

 
 
 
 
 
6 %
 

Your estimated monthly Social Security benefit at retirement

This should be in today's dollars.

 
 
 
 
 
$ 2500

Will your child be working?

Estimated annual income from employment, if applicable:

 

Will your child be driving?

 

Will your child grocery shop on their own?

 

Is your child legally blind?

 

How much care do you expect your child to need?

  •  

  •  

  •  

When you've passed away, how much per year would you like to allocate to your child for:

Vacations

Default is $3,000.

 
 
 
 
 
$ 3000
 

When you've passed away, how much per year would you like to allocate to your child for:

Clothing

Default is $1,200.

 
 
 
 
 
$ 1200
 

When you've passed away, how much per year would you like to allocate to your child for:

Electronics (smart phone, tablet, laptop, etc)

Default is $500.

 
 
 
 
 
$ 500
 

When you've passed away, how much per year would you like to allocate to your child for:

Medical co-pays

Default is $400.

 
 
 
 
 
$ 400
 

When you've passed away, how much per year would you like to allocate to your child for:

Trust tax-preparation

Default is $500.

 
 
 
 
 
$ 500
 

When you've passed away, how much per year would you like to allocate to your child for:

Trustee fees (cost to administer the trust, such as attorney fees etc.)

Default is $5,000.

 
 
 
 
 
$ 5000
 

When you've passed away, how much per year would you like to allocate to your child for:

Going out to eat

Default is $1,820.

 
 
 
 
 
$ 1820
 

When you've passed away, how much per year would you like to allocate to your child for:

Other entertainment

Default is $1,560.

 
 
 
 
 
$ 1560
 

When you've passed away, how much per year would you like to allocate to your child for:

Other hobbies? (Gymnastics, horseback riding, skiing, etc.)

Default is $1,500.

 
 
 
 
 
$ 1500
 

When your child passes away, do you want there to be any money left over for final expenses, charity, other family etc or have them pass away with $0?

Default is $25,000.

 
 
 
 
 
$ 25000
 

Almost There...

By viewing your results you agree that any information provided is meant to be purely hypothetical/informational in nature and information cannot be guaranteed to be accurate. Results are not intended to provide any financial, tax or legal advice. Please consult with your own attorney/advisor/accountant and social services agencies.


For questions about these results, contact us today for a no-fee consultation.




189 North Main St., Suite 204A, Middleton, MA 01949. 978-304-4524. info@hartyfinancial.com

Caleb Harty and Brendan Harty are Financial Advisors offering investment advisory services through Eagle Strategies LLC, A Registered Investment Advisor & Registered Representatives offering securities through NYLIFE Securities LLC, member FINRA/SIPC, A Licensed Insurance Agency. Harty Financial is not owned or operated by NYLIFE Securities LLC or its affiliates. Eagle Strategies LLC and NYLIFE Securities LLC are New York Life companies. Neither Harty Financial nor its staff or employees nor Eagle Strategies LLC or its advisors or affiliates provide tax, legal or accounting advice. Please consult your own tax, legal, or accounting professional before making any decision.

Since everyone’s needs are different, this special needs calculator can help estimate a general overview of some aspects of your individual financial situation. It is based on data, information, and assumptions that you provide. You are solely responsible for the accuracy or completeness of the information you provide. The accuracy and completeness of the information provided may affect the results and any outcomes. This calculation is only looking at this concept, and not a holistic view of someone’s overall portfolio. There is no guarantee that the results shown will be achieved; actual results may be different from those reflected.

Please note that a separate application will need to be submitted for any financial or insurance product you ultimately decide to purchase. These applications will result in their own investor suitability and underwriting analyses, which may vary from any information obtained within this calculation.

This calculation does not attempt to address all financial issues that may impact you or your loved ones. Any assumed rates of return, rate of inflation, or other variables used for projections are hypothetical and should not be interpreted as a guarantee of future returns or results. There can be no assurances that anything will be successful. Actual results will vary based upon individual situations.

Any tax aspects presented are for illustrative purposes only and are based on current federal tax law and assumed average tax rates and may include state and local taxes. Any income tax estimates are made for the current year only and do not consider the possibility of the Alternative Minimum Tax. This information is general and is not intended to provide specific tax and/or legal advice. Individuals must consult their personal tax and/or legal advisor with regards to their circumstances. Any results depicting the disposition of property at death and proposed alternatives are general in nature and do not attempt to examine all potential estate planning techniques. All statistical data shown is as of the most currently available date.

Any expected returns are a combination of information entered, historical data, current market information, and additional analysis. Expected returns can have limitations. They are an effort to determine forecasting, not an attempt to predict client-specific returns and not predictive of their results. This special need calculator and any results/information derived from it are independent of and not endorsed by New York Life Insurance Company, its affiliates, agents, or staff.