KJE.DisabilityCalc=function(){this.iDecimal=0;this.MONTHLY_DISABILITY_EXPENSES=0;this.LONG_MESSAGE="";this.SHORT_MESSAGE="";this.INFLATION_DISABILITY_EXPENSES=0;this.oldMONTHLY_EXPENSES=-1;this.DEFAULT_EXPENSE_PERCENT=KJE.parameters.get("DEFAULT_EXPENSE_PERCENT",70);this.MSG_SHORT1=KJE.parameters.get("MSG_SHORT1","You have no current disability shortfall.");this.MSG_SHORT2=KJE.parameters.get("MSG_SHORT2","Your current shortfall is");this.MSG_SHORT3=KJE.parameters.get("MSG_SHORT3","per month.");this.MSG_LONG1=KJE.parameters.get("MSG_LONG1","You need no additional coverage for the first");this.MSG_LONG2=KJE.parameters.get("MSG_LONG2",".");this.MSG_LONG3=KJE.parameters.get("MSG_LONG3","You need an additional MONTHLY_SHORTFALL1 coverage per month for");this.MSG_LONG4=KJE.parameters.get("MSG_LONG4",".");this.MSG_LONG5=KJE.parameters.get("MSG_LONG5","You will need MONTHLY_SHORTFALL2 of additional coverage for the following");this.MSG_LONG6=KJE.parameters.get("MSG_LONG6",".");this.MSG_LONG7=KJE.parameters.get("MSG_LONG7","If you remain disabled for more than a few years, you may need to increase this coverage to account for inflation. At the end of your anticipated LENGTH_OF_DISABILITY month disability your expenses would be INFLATION_DISABILITY_EXPENSES after accounting for ANNUAL_INFLATION annual inflation.");this.sSchedule=new KJE.Repeating()};KJE.DisabilityCalc.prototype.clear=function(){this.MONTHLY_EXPENSES=0;this.LENGTH_OF_DISABILITY=0;this.CURRENT_MONTHLY_COVERAGE=0;this.LENGTH_OF_CURRENT_COVERAGE=0;this.ANNUAL_INFLATION=0};KJE.DisabilityCalc.prototype.calculate=function(k){var f=KJE;var i=this.MONTHLY_EXPENSES;var m=this.LENGTH_OF_DISABILITY;var g=this.CURRENT_MONTHLY_COVERAGE;var l=this.LENGTH_OF_CURRENT_COVERAGE;var b=this.ANNUAL_INFLATION;var e=this.DEFAULT_EXPENSE_PERCENT;if(this.oldMONTHLY_EXPENSES!=i&&this.oldMONTHLY_EXPENSES!=-1){this.MONTHLY_DISABILITY_EXPENSES=((e/100)*i)}this.oldMONTHLY_EXPENSES=i;var c=this.MONTHLY_DISABILITY_EXPENSES-g;var a=this.MONTHLY_DISABILITY_EXPENSES;var j=m-l;this.INFLATION_DISABILITY_EXPENSES=KJE.FV_AMT(KJE.ROR_MONTH(b/100),m,this.MONTHLY_DISABILITY_EXPENSES);if(c<=0){this.SHORT_MESSAGE=this.MSG_SHORT1;this.LONG_MESSAGE=this.MSG_LONG1+" "+KJE.getTermLabel(l)+(this.MSG_LONG2.length==1?"":" ")+this.MSG_LONG2}else{this.SHORT_MESSAGE=this.MSG_SHORT2+" "+f.dollars(c,0)+(this.MSG_SHORT3.length==1?"":" ")+this.MSG_SHORT3;this.LONG_MESSAGE=this.MSG_LONG3+" "+KJE.getTermLabel(l)+(this.MSG_LONG4.length==1?"":" ")+this.MSG_LONG4}if(j>0){this.LONG_MESSAGE+=" "+this.MSG_LONG5+" "+KJE.getTermLabel(m-l)+(this.MSG_LONG6.length==1?"":" ")+this.MSG_LONG6}this.LONG_MESSAGE+=" "+this.MSG_LONG7;var o=Math.round(m);this.DS_EXPENSES=KJE.FloatArray(o);this.DS_COVERAGE=KJE.FloatArray(o);if(k){var h=this.sSchedule;h.clearRepeat();h.addHeader(h.sReportCol("Payment #",1),h.sReportCol("Monthly expenses",2),h.sReportCol("Insurance coverage",3),h.sReportCol("Difference",4))}this.cats=new Array(o);for(var d=0;dd){this.DS_COVERAGE[d]=g}else{this.DS_COVERAGE[d]=0}this.cats[d]=d+1;if(k){h.addRepeat(f.number(d+1),f.dollars(this.DS_EXPENSES[d],this.iDecimal),f.dollars(this.DS_COVERAGE[d],this.iDecimal),f.dollars(this.DS_COVERAGE[d]-this.DS_EXPENSES[d],this.iDecimal))}}this.MONTHLY_SHORTFALL1=c;this.MONTHLY_SHORTFALL2=a};KJE.DisabilityCalc.prototype.formatReport=function(b){var c=KJE;var a=this.iDecimal;var d=b;d=KJE.replace("LONG_MESSAGE",this.LONG_MESSAGE,d);d=KJE.replace("SHORT_MESSAGE",this.SHORT_MESSAGE,d);d=KJE.replace("MONTHLY_SHORTFALL1",c.dollars(this.MONTHLY_SHORTFALL1,a),d);d=KJE.replace("MONTHLY_SHORTFALL2",c.dollars(this.MONTHLY_SHORTFALL2,a),d);d=KJE.replace("MONTHLY_EXPENSES",c.dollars(this.MONTHLY_EXPENSES,a),d);d=KJE.replace("MONTHLY_DISABILITY_EXPENSES",c.dollars(this.MONTHLY_DISABILITY_EXPENSES,a),d);d=KJE.replace("LENGTH_OF_DISABILITY",c.number(this.LENGTH_OF_DISABILITY),d);d=KJE.replace("CURRENT_MONTHLY_COVERAGE",c.dollars(this.CURRENT_MONTHLY_COVERAGE,a),d);d=KJE.replace("LENGTH_OF_CURRENT_COVERAGE",c.number(this.LENGTH_OF_CURRENT_COVERAGE),d);d=KJE.replace("ANNUAL_INFLATION",c.percent(this.ANNUAL_INFLATION/100,1),d);d=KJE.replace("INFLATION_DISABILITY_EXPENSES",c.dollars(this.INFLATION_DISABILITY_EXPENSES,a),d);d=KJE.replace("DEFAULT_EXPENSE_PERCENT",c.percent(this.DEFAULT_EXPENSE_PERCENT/100),d);d=d.replace("**REPEATING GROUP**",this.sSchedule.getRepeat());this.sSchedule.clearRepeat();return d};KJE.CalcName="Disability Insurance";KJE.CalcType="Disability";KJE.CalculatorTitleTemplate="Disability Insurance Needs";KJE.initialize=function(){KJE.CalcControl=new KJE.DisabilityCalc();KJE.GuiControl=new KJE.Disability(KJE.CalcControl)};KJE.Disability=function(e){var d=KJE;var c=KJE.gLegend;var b=KJE.inputs.items;this.MSG_GRAPH1=KJE.parameters.get("MSG_GRAPH1","Monthly disability expenses");this.MSG_GRAPH2=KJE.parameters.get("MSG_GRAPH2","Current insurance");this.MSG_GRAPH3=KJE.parameters.get("MSG_GRAPH3","Month of Disability");KJE.DollarSlider("MONTHLY_EXPENSES","Current monthly expenses",0,100000,0,0,6);KJE.DollarSlider("MONTHLY_DISABILITY_EXPENSES","Disability monthly expenses",0,100000,0,0,6);KJE.NumberSlider("LENGTH_OF_DISABILITY","Length of disability",1,120,0);KJE.DollarSlider("CURRENT_MONTHLY_COVERAGE","Current monthly coverage",0,100000,0,0,6);KJE.NumberSlider("LENGTH_OF_CURRENT_COVERAGE","Length of coverage",0,240,0);KJE.InflationRateSlider("ANNUAL_INFLATION","Annual Inflation");var a=KJE.gNewGraph(KJE.gLINE,"GRAPH1",true,false,KJE.colorList[1],e.MSG_SHORT1);a._legend._iOrientation=(c.TOP_RIGHT);KJE.addDiv("INPUTS",KJE.colorList[0])};KJE.Disability.prototype.setValues=function(b){var a=KJE.inputs.items;b.MONTHLY_EXPENSES=a.MONTHLY_EXPENSES.getValue();b.MONTHLY_DISABILITY_EXPENSES=a.MONTHLY_DISABILITY_EXPENSES.getValue();b.LENGTH_OF_DISABILITY=a.LENGTH_OF_DISABILITY.getValue();b.CURRENT_MONTHLY_COVERAGE=a.CURRENT_MONTHLY_COVERAGE.getValue();b.LENGTH_OF_CURRENT_COVERAGE=a.LENGTH_OF_CURRENT_COVERAGE.getValue();b.ANNUAL_INFLATION=a.ANNUAL_INFLATION.getValue()};KJE.Disability.prototype.refresh=function(e){var d=KJE;var c=KJE.gLegend;var b=KJE.inputs.items;var a=KJE.gGraphs[0];KJE.setTitleTemplate("Disability Insurance Needs");a.removeAll();a.setGraphCategories(e.cats);a.add(new KJE.gGraphDataSeries(e.DS_EXPENSES,this.MSG_GRAPH1,a.getColor(1)));a.add(new KJE.gGraphDataSeries(e.DS_COVERAGE,this.MSG_GRAPH2,a.getColor(2)));a._titleXAxis.setText(this.MSG_GRAPH3);a.setTitle(e.SHORT_MESSAGE);a.paint();b.MONTHLY_DISABILITY_EXPENSES.setValue(e.MONTHLY_DISABILITY_EXPENSES,true)};KJE.InputScreenText="
**GRAPH1** ";KJE.DefinitionText="
Current monthly expenses
Your total monthly living expenses. Remember to include your home or rent payments, food, clothing, gas, phone and other monthly expenses.
Disability monthly expenses
Your monthly expenses while you are disabled. This amount is usually a little less than your original monthly expenses. The default value for this field is calculated as 70% of your current monthly expenses. You should keep in mind, however, that many expenses such as your mortgage, rent, utilities and food will most likely remain the same as before you were disabled.
Length of disability
The number of months you expect a disability will prevent you from working. A common mistake is to underestimate the time it takes to get back to work.
Current monthly coverage
Your current monthly disability coverage. Make sure to include any disability coverage supplied by your employer.
Length of coverage
Number of months that your current monthly coverage will last.
Annual inflation
**INFLATION_DEFINITION** If you are disabled for a short period of time, inflation is usually not a very important factor. However, you may need to consider the effect of inflation if you remain disabled for more than a few years.
";KJE.ReportText='

SHORT_MESSAGE

LONG_MESSAGE **GRAPH**
Results Summary
Current expenses MONTHLY_EXPENSES per month
Expenses during disability MONTHLY_DISABILITY_EXPENSES per month
Disability expenses after ANNUAL_INFLATION annual inflation INFLATION_DISABILITY_EXPENSES per month after LENGTH_OF_DISABILITY months.
Length of disability LENGTH_OF_DISABILITY months
Current coverage CURRENT_MONTHLY_COVERAGE per month
Length of current coverage LENGTH_OF_CURRENT_COVERAGE months

Monthly expenses and Insurance coverage

**REPEATING GROUP** ';
CHOOSE WHAT'S RIGHT FOR YOU USING OUR

PERSONAL DISABILITY

QUOTIENT (PDQ)

**  Ask me for my Compass Tiered Fee Schedule
​
*** Business Retirement Plan Services are Based on a Seperate Fee Schedule, and I act as a fiduciary in compliance with DOL Standards on the Plans I Serve.
​
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801 S. Fillmore, Suite 530

Amarillo, Texas 79101
806.331.2600

advisor@navigationfinancial.com

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Navigation Financial Group is not a CPA Firm. Advisor Representatives are Registered Representatives of and offer securities through Securities America, Inc., member FINRA/SIPC. Planning and Advisory Services available through Securities America Advisors, Inc. $ymbil is offered by Ladenburg Thalmann Asset Management, Inc. (LTAM). Navigation Financial Group and its affiliates are independent of Securities America and LTAM. Securities America and its representatives do not provide tax or legal advice; therefore, it is important to coordinate with your tax or legal advisor regarding your specific situation. This site is published for residents of the United States and is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein. Persons mentioned on this website may only offer services and transact business and/or respond to inquiries in states or jurisdictions in which they have been properly registered or are exempt from registration. Not all products and services referenced on this site are available in every state, jurisdiction or from every person listed. Not FDIC Insured, No Bank Guarantees, May Lose Value. Not a Deposit and Not Insured by any Government Agency. As of January 1, 2020, the California Consumer Privacy Act (CCPA) suggests the following link as an extra measure to safeguard your data: Do not sell my personal inforamation.

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