Fundedness Report

Robert & Linda Sample Prepared January 2025
WashPark Capital

Based on your current resources and projected needs:

87%

Gap

What You'll Need

Retirement spending (PV) $1,920,000

Liquidity reserve (PV) $100,000

Total Needs $2,020,000

What You Have

Social Security (PV) $580,000

Pension (PV) $0

Investments & savings $1,175,000

Total Resources $1,755,000

Key Assumptions

Planning horizon 30 years

Discount rate 4.0%

Annual spending $96,000

Inflation assumption 2.5%

The Math

Total Resources $1,755,000

÷ Total Needs $2,020,000

= Fundedness Ratio 87%

Funding Gap −$265,000

What this means: At current spending levels, your projected resources fall short of your projected needs by about $265,000 — a 13% gap. This doesn't mean retirement is impossible. It means adjustments are worth discussing.

This is a starting point: Many people in this position make modest changes and close the gap entirely. Others decide the risk is acceptable to them. What matters is going in with eyes open.

Paths to closing the gap

Reduce spending by ~$12,500/year — brings target to $83,500 and closes the gap
Work 2 more years — adds savings, delays withdrawals, increases Social Security
Delay Social Security to 70 — increases PV of benefits by roughly $80,000
Accept a lower success probability — 87% funded may be acceptable depending on flexibility and other factors
Combination — small adjustments across multiple levers often feel easier than one big change