Critical functionality for accurate assessment of plan’s change of success.

This is a fundamental need and arguably the biggest weakness of PL. Lots of changes occur on death of one partner–end of medicare premiums, reduction of social security, change in expenses, change in tax brackets and standard deduction, and transfer of accounts. Aside from xfer of accts, these can all be modeled with various hacks, but it’s kludgy and hard to maintain. Also it should be simple to model the death of either partner regardless of expectations.

Yes. Yes. Yes.

Critically important - especially when one spouse is the breadwinner.

Critical for roth conversion modeling as suddenly the surviving spouse would end up in higher tax bracket.

As a loving husband, I hope my spouse outlives me and I want to model my death at various stages in the plan.

Setting my “Fare Thee Well” date should:

• Transfer all assets to my spouse
• End all of my tax modeling - Income tax, Medicare, etc.
• Allow tax modeling adjustments for spouse - single filer, widow tax codes, etc.
• Delete my income streams, if marked for deletion (SS, for instance)
• Delete my unique expenses, if marked for deletion (my wife will no longer buy wood for the wood shop)
• Trigger one-time events like insurance payouts

I’m sure I’m missing something, but this gets most of it automated.

I agree. A major incentive for financial projection is to plan for the surviving spouse, accounting for large end of life expenses for the deceased spouse, and change in tax status and income for the surviving spouse. For instance, pensions have different benefit choices for continuing after a death. SS benefits are likely to change. Life insurance policies would pay out.

This is a “basic” retirement planning feature.

Agree, this should be a high priority. Here is an article which highlights the important of incorporating life expectancy and the consequences of each spouse passing into planning: Planning for a Long Life Can Be Dangerous

In addition to the treatments already mentioned, if not too much additional work, it would be nice to model multiple beneficiaries in accounts. People typically assume the spouse will get “everything”, but some spouses feel the need to support siblings, other family members after they are gone. That leads to a corresponding reduction in overall wealth for the surviving spouse, which could have significant impacts down the road.