Why is there a legacy and a shortfall?
If you see a shortfall and a legacy in a plan, it could be one of two reasons.
There is an asset that is marked do not use for income, has a fixed withdrawal rate, or a fixed dollar amount withdrawn. The image belows shows the fixed withdrawal rate of 4%. On the Key Years>Balances>final year of surviving spouses life, you can see where the ending balances come from.
If there are no ending balances, then there will be a life insurance policy on the surviving spouse and the death benefit is the Projected Legacy.
You can see the life insurance policies under the Sources>Insurance tabs.
