The Special Needs Calculator allows you and your Merrill Lynch Financial Advisor to model alternative scenarios concerning the amount you must save and invest to meet the lifetime needs of a family member with a disability. The results of your "what if" models will vary depending on the assumptions you make.
For example, you may obtain analyses based on different assumptions about your child's projected income from salary/wages, government benefits, legal settlements and other sources, and his or her projected annual expenses, including housing, transportation, personal expenses and asset-replacement costs. You also may obtain analyses that factor in various assumptions about your child's life expectancy, the anticipated rate of inflation, the estimated after-tax rate of return on your investments and the number of years remaining until your retirement. All of these assumptions (or values) are detailed on the Calculator's Income, Expense and Results screens. For clarification, speak with your Financial Advisor.
Based on the values you input, the Calculator will provide an estimate of the lump sum you will need to set aside to preserve your child's quality of life. You should understand that there is no guarantee that the results shown will be achieved; actual results may deviate substantially from those reflected in the analysis.
Please note that you are not obligated to implement any strategy that
may be developed using this analysis. If you choose to implement any
financial strategy through Merrill Lynch, our regular fees and charges
for products and services will apply. In executing transactions for
you, Merrill Lynch, as a broker-dealer, may act as agent or principal
and will be compensated, along with your Financial Advisor, through
commissions, markups/mark-downs and other fees.
