The LuX Wealth Engine is a goals-based forecasting application that allows the user to make projections about future wealth and spending needs. The engine is highly customizable and permits the user to change variables pre- and post-retirement such as income, initial capital, savings rates, allocation and inflation. The purpose of the tool is to provide insight regarding the feasibility of spending in retirement in response to varied rates of saving and market returns.
Please check out the LuX Wealth Engine User Guide for a detailed walk-through on how to effectively use the tool for better results!