Extracted figures for capital and income contracts are shown in tabular form and as an interactive chart. Typically, but not always, the “baseline” fund tends to run away beyond the desired outcome (see interactive chart). That implies that the initial discount rate was too low for budgeting purposes which is our target which can be checked from the required adjustments. Simplicity is harder than it looks (formally known as the “Dolly Parton lemma”).

The initial fund estimates show what we originally thought we would need as the initial single premium, the initial fund required correct our mistakes and the fund impact table shows how the initial fund estimates were impacted.