Transcript:

Using the Lump Sum Savings Insight to Problem-Solve a Client Plan

This training walks through how to use the Lump Sum Savings Insight in Voyant to identify whether a one-time contribution can improve a client’s plan and eliminate a future shortfall.

Scenario Overview

In this example, we are working with a couple who has:

• A €100,000 retirement spending goal
• An estimated 93% likelihood of meeting that goal
• A large amount of surplus income in the first year of the plan

Because there is unused surplus income early in the plan, we want to determine whether making a one-time lump sum contribution could eliminate the projected shortfall later on.

Running the Lump Sum Savings Insight

1. Navigate to the Insights section.
2. Select Lump Sum Savings.
3. Click Get Started.

The software calculates the lump sum contribution required to eliminate the future shortfall.

Reviewing the Insight Results

The results show that a €41,797.77 lump sum contribution would eliminate the projected shortfall.

By hovering over the first bar in the chart, we can see that:

• The client has enough surplus income in the first year
• The contribution is feasible without impacting current spending

This confirms that the insight is not just theoretical—it is actionable.

Testing the Recommendation with a What-If Plan

To validate the recommendation:

1. Create a What-If scenario
2. Add a Transfer
   • Source: All Surplus
   • Amount: All Available
   • Destination: Portfolio investment account
3. Set the timing to occur in the current year (Plan Start)
4. Click Done

Reviewing the Updated Plan

After applying the transfer:

• The surplus income is invested
• The projected shortfall is eliminated
• The plan now shows full funding of the retirement goal

You can further review the impact by:

• Using Compare Plans to view the original plan vs. the recommendation
• Reviewing Assets charts to see how long-term wealth changes
• Exploring Year View for detailed cash flow and investment behavior

Why This Insight Is Useful

The Lump Sum Savings Insight helps you:

• Identify opportunities to use surplus income efficiently
• Test one-time funding strategies without permanently changing the base plan
• Support planning conversations with clear, visual evidence
• Turn “unused surplus” into a proactive recommendation

This insight is a conversation starter, not advice, and works best when paired with a What-If plan to illustrate outcomes.

Need Help?

If you have questions about using the Lump Sum Savings Insight:

1. Click the client name in the top right
2. Select Request Support
3. Enter your question and share client access

You can also contact:
support@planwithvoyant.com