Protection Map sample — The Smiths, age 35, after closing the gaps, from Financial Risk Partners. Sample Protection Map · After: Gaps Closed · Summary Guide · Full Report · ← Back to Protection Map
In this example, 1 result still shows a gap: Jill's Ability to Earn. Disability coverage is generally limited (about 70% of take-home pay), so the rest — $1,925 a month for Jill — would come from savings and cash or lower spending. Every other gap is closed. Extended Care is covered today, but a gap can open later: Joe's and Jill's $500,000 long-term care benefits are each a fixed amount, while care costs are expected to rise 4% a year. If care were needed at age 65, it would cost about $729,764 in that year's dollars, so the benefit covers $500,000 of it and $229,764 is left to fund for each. The later care is needed, the larger the cost grows against a benefit that stays the same.
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Ability to Earn

What if…

If Jill could go back to work after 5 years

$68,625

Jill — the gap, in today's dollars

This is only a what-if. Your result below hasn't changed.

Your result

$184,125

Jill — the gap, in today's dollars

Your result assumes Jill could not work again before age 65.

The gap would be $68,625 instead of $184,125.

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