Frum.Finance

When using Right Capital to estimate life insurance needs (as shown in <https://frum.finance/insurance/how-much-life-insurance/|this Frum Finance article>), it looks like they don't consider any income 3 years before the planning horizon ends. Why is that, and can it be changed?

planning horizon should be many years after retirement, so income should have stopped beforehand.

Planning horizon. I'm adjusting it down to simulate an early passing r"l, following your article

it’s the LTC, which was set for 4 years. You can drop that to 0 in your simulation. I’ll need to add that detail to the article. Thank you!

From the article:
&gt; I will also lower Nita’s salary assuming that she is no longer able or no longer wanting to work so that she can focus on the wellbeing and emotional health of her family.
The screenshot right below doesn't show a lower income for Nita, it shows a retirement age in the past. This confused me a bit.
When I followed the screenshot a few things changed in the cash flows, most importantly the expenses changed to post-retirement expenses. I think the text is more correct

The text is correct you think but the image is wrong?

I believe so, but I'm not the professional here.
My reasoning is that living expenses don't fall to retirement levels just because a spouse passed away.
On the other hand, maybe IRA contributions should end?

But IRA contributions can be set not to end at retirement

Definitely we don’t want it to convert to retirement levels and we want to turn off IRA contributions, totally agree with all that (I am actually working on automating all of this so it doens’t need to be so manual on your part. thank you for baring with us.)