Change the timing of an event
When an event is repositioned on the timeline, the timing of all of the items that are scheduled using the event will also be changed accordingly.
This is a powerful feature because moving event can allow you to completely recalculate a great deal of the plan dynamically, with the easy drag-and-drop of an event on the Time screen.
Events and the timing of anything that is tied to them in the plan (e.g. expenses, incomes, contributions) can be changed on the Time screen by dragging and dropping events up or down the timeline.
Can I go back to change the client from retired to working?
You should still be able drag and drop a Retirement event onto the timeline on the Time screen. Remember now to use the event to end (red dot) any earnings that you may have entered on the Employment screen.
Changing your client's life expectancy
If you want to extend a client's life expectancy beyond the initial default or decrease it, go to the Time screen.
Drag your client's Mortality event to the right or left. If you are increasing life expectancy you will in most cases also be extending the overall timeline. Practice some patience as you may need to drag and drop the event several times, allowing the timeline to redraw each time you move a few years onward.
Editing the timing of events while presenting the Let's See Charts
Events can also be repositioned as you present the case to your client, on the Let's See charts, using the special Edit Time feature.
Click the Edit Time button to place the charts in the special edit time mode.
Drag and drop the event up or down the timeline. The chart will be redrawn and all of the transactional calculations behind it recalculated.
Click the Edit Time button again once you have finished, switching off edit time mode. The white ghosting will be removed as the charts are returned to their normal presentation.
Restrictions when moving events that serve as stage boundaries
Events that form the beginning or end of a stage, as indicated by a perforated box surrounding the event icon, cannot be moved past the start or end of the adjacent age. Common examples of these are the Retirement event(s) that begin the Retirement stage and the Mortality events that end the planning timeline.
For example, if your client is not yet retired, his or her Mortality cannot be moved past the start of the Retirement stage.
The software does have a replacement Mortality event, which is shown in the special events section of the Events palette. This event can be dragged onto the timeline, only in what-if scenarios, as a replacement for your client's assumed mortality. Once on the timeline, a replacement mortality event can be positioned anywhere, free of stage boundaries. Read more >>
In some cases you may disassociate an event from a stage, allowing it to be moved freely on the timeline or even deleted, if necessary. Read more >>