FAQ: How Do I Adjust Income for a Mid-Year Retirement Date?

The platform always shows your age at the end of the year, so the first thing you need to do is ensure your Discovery > Income phases end full time work

For example: If your plan is to work until you turn 64 and your birthday is in August, you would set your full time income phase to end at age 63.

The partial year of income can be entered as an override in Planning > Projections > Table.

To do this you'll simply edit the 'Age 64' income to be only the Jan to July value. Go to Planning > Projections > Table, open the Income columns using the ">" arrow, edit the 'Age 64' income to only be Jan to May, Save the override, then Recalculate to integrate that into the plan.

This help article has a video that shows how to adjust income assumptions in retirement. You'll want to focus on "Option 2" which shows how to add overrides.