| Life Capital Analyzer v2
Dashboard
Qualified Accounts
401(k), IRA, 403(b) - Taxed as ordinary income
▼
$
%
$
How many years to contribute
%
Fund expense ratios, advisory fees
$
Auto-calculated or enter manually to override
Projected: $2,156,000
RMD Starting Age 73
Est. first RMD: $81,352/year
Brokerage Account
Taxable - Capital gains treatment
▼
$
$
Original investment amount
%
Gross return before tax drag
%
~1.5% yield × 36.7% tax = 0.55%
ETF Net Return: 6.25%
Gross 7% - 0.20% fees - 0.55% tax drag = 6.25% | VUL: 6.91% (+0.66% advantage)
$
How many years to invest
%
Fund expense ratios, advisory fees
$
Auto-calculated or enter manually to override
$
%
Gain = Value - Basis
%
Taxable events from trading
How to invest during retirement income phase
%
%
Projected: $1,012,000
Life Insurance Policy
IUL/VUL - Tax-free via IRC §7702
▼
$
$
%
%
%
Leave blank to auto-calculate from cap/floor
$
Leave blank to auto-calculate, or enter to override
Est. Cash Value: $825,000 after 20 years
Upload the carrier illustration (PDF/XLS) to extract actual policy charges. The system will look for Premium Charges, Admin Fees, Cost of Insurance, and Total Policy Charges.
Client Information▼
20 years to retirement, 25 years of income
Retirement Income Goal▼
$
%
Income needed at retirement: $197,000 (inflation-adjusted)
$
Tax-free via policy loans - remainder comes from portfolio
Policy: $50,000 (tax-free) | Portfolio: $70,000 (taxable)
Tax Settings▼
Combined Tax Rates
Ordinary Income: 32.9%
Capital Gains: 29.7%
Monte Carlo & Historical Analysis Settings
Configure simulation parameters and historical scenarios
▼
Return Distribution Options:
  • Historical (bootstrap) — Randomly samples from actual S&P 500 returns (1928-2024). Most realistic as it captures real market behavior including crashes and recoveries.
  • Normal — Uses bell curve with 10% average return and 18% standard deviation. Assumes returns follow a symmetric normal distribution.
  • Log-normal — Better models actual stock returns (can't lose more than 100%, but gains are unlimited). More conservative for planning.
Run sensitivity analysis across different policy allocation levels
%
%
%
Policy Allocation Analysis:

Tests how different percentages of your portfolio allocated to life insurance policy affects retirement success.

Success Definitions:
  • Full income without depletion — Can you take 100% of target income every year without running out of money?
  • At least 80% of target income — More flexible; allows reduced income in bad years to preserve capital.
  • Preserve 50% of capital — Focus on leaving a legacy; does at least half the portfolio remain at end?

Run an analysis to see results here

Total Cost of Ownership Comparison
Compare fees, taxes, and total expenses across investment vehicles
Cost Category Qualified Brokerage Life Insurance
Run analysis to see cost comparison
Total Cost ($)
Cost as % of Contributions

Run Monte Carlo Analysis to see results here

Asset Performance Comparison
Historical returns: S&P 500 vs Bonds vs Whole Life Dividends
▼
Summary Statistics ▼
0%
S&P 500 CAGR
0%
Bond Index CAGR
0%
WL Dividend Avg
—
Best Performer

Note: WL dividends provided stable returns during market downturns (2008: S&P -37%, WL avg ~7%). Dividend rates represent crediting rates, not guaranteed returns.

Growth Comparison Chart ▼
Historical Whole Life Dividend Interest Rates (2006-2025) ▼

Source: Lion Street. Comparing DIRs should only be used to review overall product performance trends over time. It should not be used as a means by which to compare one policy versus another.

Carrier 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Avg
Year-by-Year Returns Comparison ▼
Year S&P 500 Return Bond Return WL Dividend Avg S&P 500 Value Bond Value WL Value
Client Information
Report Type
High-level presentation with key findings and strategy comparison.
Include Sections
Overview
Current Situation
Strategy Analysis
Projections
Appendix
Custom Notes
Report Preview
Select options and click "Preview" to see your report
Tip: Run an analysis first to populate data
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Blend Optimizer — Find Your Optimal VUL + IUL + ETF Mix

Based on Vanbridge research: VUL grows at 6.91% (tax-deferred) vs ETF at 6.25% (after 0.55% annual dividend tax drag). IUL provides crash protection with 0% floor.

Select Historical Scenario
Monte Carlo
1000 random simulations
Great Depression
1929-1948 actual returns
Lost Decade
2000-2019 actual returns
Stagflation
1973-1992 actual returns
Recommended: 20% VUL + 20% IUL + 60% ETF
Best balance of accumulation (VUL), crash protection (IUL), and liquidity (ETF)
Understanding Tax Drag on ETF Portfolios ▼
ETF Gross Return
7.00%
Annual Tax Drag
-0.55%
1.5% div x 36.7% tax rate
ETF Net Return
6.25%
VUL Net Crediting: 6.91%
Tax-deferred growth, no annual tax drag
VUL Advantage: +0.66%/year
Compounds to significant advantage over 15+ years
Blend Comparison Analysis - Monte Carlo
Blend Strategy VUL % IUL % ETF % Portfolio at 65 Tax-Free Income ETF WD Rate Scenario Survival Score
Click "Run Blend Analysis" below to calculate results based on your client inputs
Star Rating Scorecard - Monte Carlo
Metric 100% ETF 40% VUL 20/20 Blend 40% IUL
Accumulation at 65............
Tax-Free Loan Capacity............
Scenario Survival............
OVERALL SCORE............

1929 Crash Scenario Analysis

How would each strategy have performed during the worst market crash in history? Using actual 1929-1945 returns.

100% ETF
DEPLETED
by age 75
40% VUL + 60% ETF
LAPSE RISK
VUL tracks market
20/20 Blend
SURVIVES
to age 80+
40% IUL + 60% ETF
SURVIVES
to age 85+
📉 Portfolio Trajectory During 1929 Crash
📊 Year-by-Year Portfolio Values (Starting at Retirement Age 65 in 1929)
Age Year S&P 500 100% ETF 40% VUL 20/20 Blend 40% IUL
🔑 Key Insight: IUL's 0% Floor Protection
During the 1929-1932 crash, the S&P 500 fell over 80%. While ETF and VUL portfolios tracked these losses, IUL's 0% floor meant it never went negative in any year. This protection allowed the 20/20 blend and 40% IUL strategies to maintain policy value even when markets collapsed, providing sustainable income throughout the Great Depression.

RIA Case Study Builder

Build comprehensive Life Capital case studies with multi-scenario historical stress testing.

Client Profile
%
$
Income at Retirement
$507,000/year
Existing Assets
$
$
%
%
Existing Assets at 65
$7.72M
Annual Savings & Life Capital
$
0% (All ETF) 100% (All LC)
To ETF/Year
$100K
To Life Capital/Year
$150K
Life Insurance Parameters (from Illustration) ▼
$
$
$
$
%
%
%
%
$13.1M
Total Portfolio at 65
$288K
Tax-Free Income/Year
57%
% Covered Tax-Free
$3.5M
LC Cash Value (Reserve)
Multi-Scenario Historical Stress Testing
Great Depression (1929-1948)
-43.3% worst year. The ultimate stress test.
WORST CASE
Lost Decade (2000-2019)
Dot-com crash + 2008 crisis. -37% worst year.
MID CASE
Stagflation (1973-1992)
High inflation, volatile, but ultimately strong.
BEST CASE
LC Allocation Tax-Free Income Great Depression Lost Decade Stagflation Survival Rate
Key Insight
At 60%+ Life Capital allocation, the client survives ALL THREE historical periods including the worst crash in U.S. history. The IUL's 0% floor protects cash value during crashes, providing an emergency reserve when taxable assets deplete.
WITHOUT vs WITH Life Capital
WITHOUT Life Capital
Tax-Free Income $0/year
Emergency Reserve $0
Depression Survival FAIL @ 76
Historical Survival 67% (2/3)
WITH Life Capital
Tax-Free Income $288K/year
Emergency Reserve $3.5M
Depression Survival PASS
Historical Survival 100% (3/3)
Year-by-Year Portfolio: Depression Scenario
Life Capital Analyzer | v26.39.0 | © 2026 Vanbridge - An EPIC Company