The Personal Economic Model is a framework for restructuring your finances. One client's plan showed a $1.6 million increase in net lifestyle by age 90, plus $2.4 million more spendable income, $772K added to savings, a new $363K death benefit, and $1.9 million more to their estate.
This is a personal economic model, and we all have one of these. Every single one of us has one of these. And so if a picture is worth a thousand words, the plan that I just built for her is worth $2.6 million, because that's the difference that we were able to make for her just moving around what we're able to move around. And so as a result, I just said, instead of giving you a spreadsheet side by side of your present position and your future position, why don't I just build it in your PEM? So the left side is her present position, the right side is her future position. And I broke it down in these boxes down below. And so, the increase or difference at age 90 for her was $1.6 million in net lifestyle increase. Over $2.4 million of increase in spendable income. $772,000 in a traditional safe tank. An increased death benefit which she didn't have, $363,000. And then we increased her estate almost $1,900,000.
