tep 5: Spousal Life Income (spousal needs after children are self- upporting) esired Spousal Income y. $70,000 otal Spousal Life Income or Money in Today's Dollars to Provide for Desired Spousal Income (assuming n years until the children become self-supporting and m years until the spouse qualifies for Social Security or retirement income, and assuming you can earn i% after-tax and after-inflation return on your investments) [line y x (PVIFA 1%, m yr - [line y x (PVIFA [line y x ( PVIFA 1%, nyr)] %. yr-PVIFA 1%, nyr)] = + = _)] =Z. Step 5: Spousal Life Income (spousal needs after children are self- supporting) Desired Spousal Income y. $70,000 Total Spousal Life Income or Money in Today's Dollars to Provide for Desired Spousal Income (assuming n years until the children become self-supporting and m years. until the spouse qualifies for Social Security or retirement income, and assuming you can can i% after-tax and after-inflation return on your investments) [line y x (PVIFA %, myr PVIFA snyr)] + [line y x (PVIFA %yr-PVIFA [line y x U 11 Z tep 5: Spousal Life Income (spousal needs after children are self- upporting) esired Spousal Income y. $70,000 otal Spousal Life Income or Money in Today's Dollars to Provide for Desired Spousal Income (assuming n years until the children become self-supporting and m years until the spouse qualifies for Social Security or retirement income, and assuming you can earn i% after-tax and after-inflation return on your investments) [line y x (PVIFA 1%, m yr - [line y x (PVIFA [line y x ( PVIFA 1%, nyr)] %. yr-PVIFA 1%, nyr)] = + = _)] =Z. Step 5: Spousal Life Income (spousal needs after children are self- supporting) Desired Spousal Income y. $70,000 Total Spousal Life Income or Money in Today's Dollars to Provide for Desired Spousal Income (assuming n years until the children become self-supporting and m years. until the spouse qualifies for Social Security or retirement income, and assuming you can can i% after-tax and after-inflation return on your investments) [line y x (PVIFA %, myr PVIFA snyr)] + [line y x (PVIFA %yr-PVIFA [line y x U 11 Z