Retirement and inheritance planning is very complicated because of all the factors we can’t know, like when people will die or how the stock market will behave. When you throw in trying to plan for a special needs adult family member as well, it probably triples the complexity. With help from ChatGPT, I created a spreadsheet that can help with the planning and model different financial circumstances. I intentionally used realistic numbers in the base case so that the year-by-year page would show a funding gap that would need to be planned for by the family. There are various scenarios the sheet will calculate so families can get a better idea of what might happen if some of the variables change. Give it a try and email me at charityawareness@commonheart.org to let me know how it worked for you.
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