Income Lab is committed to keeping your plans current and up-to-date. At the beginning of every month, Income Lab updates all data used in our software and automatically updates all of your Tracked & Monitored plans. That means these plans are never stale and you are working with the latest data and assumptions.

With this latest update:

• Default capital market assumptions have been updated.

• Tracked & Monitored Plans have updated values (account balances, longevity and plan length, inflation/purchasing power, guardrails, etc.) and plans have been checked for adjustments (guardrails, inflation adjustments).

• Economic context variables used in Historical Analysis have been updated to reflect data through the end of July 2026.

• Retirement Stress Test examples and Historical Analysis graphs now include one more month of history.

Please to check whether any of your Tracked & Monitored Plans are calling for adjustments.

As an new Income Lab user, you have exclusive access to our VIP support and training experience. Join us for the Income Lab 101 training webinar designed specifically to help new users learn best practices on how best to use the software.

Income Lab 101 will take place the first Thursday of every month at 12 pm ET.

In this session, we'll walk through how Penny helps you answer complex planning questions in real time, from tax cliffs and Roth conversions to IRMAA thresholds, Social Security timing, estate consequences, and more. Every calculation is verifiable and connected to your client's actual plan, not a separate tool or standalone estimate.

We'll demonstrate real advisor workflows using Penny's structured tools, including the Marginal Rate Explorer, Roth Conversion analyzer, Scenario Planner, and Tax Summary Report. You'll see how to use natural language to update inputs, compare before-and-after scenarios, and surface planning opportunities you might otherwise miss.

Whether you're brand new to Penny or looking to sharpen your process, this session will give you practical ways to deliver deeper, faster, and more confident advice.

In this session, we'll walk through how Penny helps you answer complex planning questions in real time, from tax cliffs and Roth conversions to IRMAA thresholds, Social Security timing, estate consequences, and more. Every calculation is verifiable and connected to your client's actual plan, not a separate tool or standalone estimate.

We'll demonstrate real advisor workflows using Penny's structured tools, including the Marginal Rate Explorer, Roth Conversion analyzer, Scenario Planner, and Tax Summary Report. You'll see how to use natural language to update inputs, compare before-and-after scenarios, and surface planning opportunities you might otherwise miss.

Whether you're brand new to Penny or looking to sharpen your process, this session will give you practical ways to deliver deeper, faster, and more confident advice.

Advisor Mike Mahalich and Justin Fitzpatrick on the planning conversation that moves a prospect from comparison shopping to signing on. Three differentiators, a three-meeting process, and the moment a client stops hearing percentages and starts seeing their own life.

Mike Mahalich bought a 42-year-old investment practice, rebuilt it around planning, and went fully independent inside a year. This session is the conversation he has with prospects, why it lands, and the three things he says separate his firm from the advisor down the street.