LifeLens Financial, LLC dba as LifeLight Financial (“LifeLight Financial,”"we", or "us") has developed a suite of web-based applications provided as "Software as a Service" to allow people and organizations to manage goals,initiatives, activities, and meetings (the "Service").
LifeLight Financial, LLC is willing to make the Service available to you under these terms and conditions. By clicking "I Agree" or “Sign In" you acknowledge and agree that the following terms and conditions will become binding on you. Any access or use of the Site or Service constitutes acceptance of these terms and conditions by you. If you do not agree to these terms and conditions do not click "I Agree" or "Sign In", in which case you will not be permitted to access or use the Site or Service.
The Site and Services
The Service is provided through an access restricted website and related databases and servers (collectively, the “Site”). You may only use the Service and access the Site for the personal purposes of the Customer.
You acknowledge that the Service and the Site contain valuable trade secrets of LifeLight Financial and its suppliers. Accordingly, you agree not to: (i) upload, post, transmit, or otherwise make available to the Service any data, information, content, or other material that is unlawful, harmful, threatening, abusive, harassing, defamatory,vulgar, obscene, libelous, invasive of another's privacy, hateful, or racially, or ethnically objectionable; (ii) impersonate any person or entity, including, but not limited to, a LifeLight Financial employee, or falsely state or otherwise misrepresent your affiliation with a person or entity; (iii) modify, adapt, alter, translate, or create derivative works of the Service or the Site; (iv) create internet "links" to the Service or "mirror” any data, information, content, or other material of LifeLight Financial that is provided to you through the use of the Services; (v) build a product or service using similar ideas, features, functions, or graphics of the Service, (vi) sub license, resell, rent, lease,transfer or assign the Service or its use, or offer the Service on a time-share basis to any third party; (vii) merge the Service or the Site with other software or data; (viii) reverse engineer, decompile,or disassemble the Service or the Site; or (ix) otherwise attempt to derive the source code for the Service or the Site or attempt to gain access to any underlying code used to implement or deploy the Service or the Site.
At any time LifeLight Financial may without notice make changes to the Site or to the Service.
User-Provided Information
Except as otherwise agreed to between LifeLight Financial and the Customer,any data, information, content, or other material you upload to the Site or otherwise make available via the Service shall not be considered your confidential or proprietary information, and LifeLight Financial will be free to use, copy, modify, create derivative works of, store, and process such data, information,content, and material without restriction and to make the same available to any third party for any purpose.
Feedback
To the extent you provide LifeLight Financial with any suggestions,ideas, enhancement requests, recommendations or feedback regarding the Service or the Site, LifeLight Financial otherwise conceives of or creates any ideas, enhancements, improvements, or modifications to the Service or the Site (collectively, "Feedback and Improvements”), LifeLight Financial will be free to use, disclose,commercialize, and exploit such Feedback and Improvements without any restriction.
The Service and the Site and all intellectual property rights therein are the exclusive properties of LifeLight Financial and its suppliers.All rights in and to the Service and the Site not expressly granted to you are reserved by LifeLight Financial and its suppliers. There are no implied licenses granted to you. We may monitor the usage of the Service and Site and may collect and/or generate data and information relating to your use of the Service and Site ("Collected Data”). Except as otherwise agreed to between LifeLight Financial and the Customer, all Collected Data will be owned by us and may be used, disclosed, commercialized, and exploited by us without any restriction.
Disclaimer
LifeLight Financial makes no representations or warranties directly to you with respect to the Site or Service or your usage thereof. Any representations or warranties with respect to the Site or Service (if any) have been provided by LifeLight Financial solely to the Customer. You are not entitled to rely on any such representations or warranties. TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE SITE AND SERVICE, AND ANY INFORMATION PROVIDED HEREFROM ARE PROVIDED TO YOU ON AN "AS IS" AND "WITH ALL FAULTS" BASIS. LifeLight Financial MAKES NO GUARANTEES AS TO THE ACCURACY OF ANY INFORMATION PROVIDED BY OR THROUGH THE SITE OR SERVICE AND EXPRESSLY DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED,REGARDING USE OF THE SITE OR SERVICE OR ANY INFORMATION PROVIDED HEREFROM, INCLUDING, BUT NOT LIMITED TO, ALL IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT OF THIRD-PARTY RIGHTS AND ALL IMPLIED INDEMNIFICATIONS.
LifeLight Financial does not guarantee the calculations to be error free and all calculations should be reviewed by a professional of your choice outside of LifeLight Financial. LifeLight Financial and all products provided are educational calculators designed to give you some input on mapping out your financial future,but should not be acted upon as a complete financial plan. LifeLight Financial and the creators of LifeLight Financial and any derivative products are not certified, registered, authorized, or any other type of financial planners. LifeLight Financial and its derivative products are simply tools for helping you think through your economic futures. Any suggestions should be viewed as informative inputs into your own decision making. LifeLight Financial and its derivative products provide neither economic, financial nor tax advice, which can only be delivered to you by authorized professionals. The estimates produced by LifeLight Financial are just that –estimates. The estimates provided here may differ from the correct amounts due to mistakes in our computer code of which we are unaware or because of legislated changes provisions of which we are unaware or because of delays in our updating our computer code for changes in provisions. This material is not intended to provide legal, tax or investment advice, or to avoid penalties that may be imposed under U.S. Federal tax laws, nor is it intended as a complete discussion of the tax and legal issues surrounding retirement investing. You should contact your tax advisor to learn more about the rules that may affect individual situations.
No Liability
LifeLight Financial shall not be liable to you in any way with respect to the Service or your usage of the Site or Service. If liability of any kind arises relating to the Site or Service, LifeLight Financial shall be liable (if at all) to the Customer. You may not make any claims of any kind against LifeLight Financial directly, and hereby waive any and all claims of any kind you may have with LifeLight Financial arising out of your use of (or inability to use) the Site or Service, and agree to hold LifeLight Financial harmless from the same. YOU ASSUME ALL RISK ARISING FROM YOUR USE OF THE SITE AND SERVICE. TO THE MAXIMUM EXTENT PERMITTED BY LAW, LIFELIGHT FINANCIAL SHALL NOT BE LIABLE TO YOU FOR ANY DIRECT, INDIRECT, SPECIAL,INCIDENTAL, CONSEQUENTIAL, EXEMPLARY, PUNITIVE OR ANY OTHER DAMAGES ARISING OUT OF OR IN CONNECTION WITH THE USE OF OR INABILITY TO USE THE SITE OR SERVICE, OR INFORMATION PROVIDED HERE FROM, INCLUDING ANY LOSS OF USE, LOST DATA OR SOFTWARE, LOST BUSINESS PROFITS, BUSINESS INTERRUPTION, PERSONAL INJURY, OR ANY OTHER PECUNIARY LOSS, EVEN IF LifeLight Financial HAS BEEN INFORMED OF THE POSSIBILITY OR EXISTENCE THEREOF.
IF FOR ANY REASON THE FOREGOING EXCLUSIONS AND LIMITATIONS OF LIABILITY ARE HELD UNENFORCEABLE OR INAPPLICABLE, THE TOTAL AGGREGATE LIABILITY OF LifeLight Financial IF ANY, FOR DAMAGES TO YOU SHALL NOT EXCEED ONE HUNDRED DOLLARS ($100.00).
Certain countries or states do not allow the disclaimer of certain warranties or the limitation or exclusion of liability, so the above disclaimers and limitations/exclusions may not apply to you in their entirety.
Disputes
Any dispute between you and LifeLight Financial with respect to the service or your usage of the Site or Service will be resolved in accordance with any and all dispute resolution procedures outlined in LifeLight Financial’s agreement with the Customer, including,without limitation, all arbitration, venue, jurisdiction, and governing law terms and conditions agreed to between LifeLight Financial and the Customer, all of which are binding on you.
Changes
LifeLight Financial reserves the right to change these terms and conditions in its sole discretion, which changes will be binding on you the next time you use the Site or Service. Your continued use of the Site or Service will constitute acceptance of any such changes.
International Users
Information you provide may be transferred or accessed by entities around the world as described in this Terms of Service. LifeLight Financial adheres to the "safe harbor" framework set forth by the US Department of Commerce which pertains to the collection, use and retention of personal information collected by organizations in the European Economic Area and Switzerland.
Do Not Track
We do not currently respond to web browser "do not track" signals or other mechanisms that provide a method to opt out of the collection of information across the networks of websites and LifeLight Financial Services in which we participate. If we do so in the future, we will describe the process in the Privacy Policy. Visit the website, "All About Do Not Track" at www.allaboutdnt.org, for more information on this developing area.
Important Disclosures
The illustrations provided here are for planning purposes only. Projections and other information regarding the likelihood of various investment outcomes generated by LifeLight Financial, employees, associates, independent consultants, software,software developers (“LifeLight Financial”), are hypothetical, do not reflect actual investment results, are based on simulations and do not guarantee future results. Investment values will change over time, losses are possible and actual results may vary.
Based on accepted statistical methods, LifeLight Financial uses a simulation model to measure the probability of achieving the goals entered by the user and applied in this analysis as well as the possible impact of variations to those goals.
LifeLight Financial does not provide recommendations for any products or services.
This report is a snapshot and does not constitute legal, tax or accounting advice. The report provides a snapshot in time of your financial situation and should be updated, at least annually, to provide more accurate information.
Results are calculated over many years and potentially many simulations. Therefore, small changes can impact the results in sizeable ways. You should use the results presented in the software and in the report to help you focus on the factors that are most important to you. This report does not provide legal, tax or accounting advice. Consult with the appropriate professionals before making decisions that might have legal or tax consequences.
The information generated by LifeLight Financial regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. The actual returns of specific investment product may be more or less than the returns used in LifeLight Financial.
Past performance is not a guarantee or predictor of future results. Assumptions used by the program such as rates of return, inflation and other assumptions should be used as the basis for illustrations. No results produced should be considered a guarantee of future performance or a guarantee of achieving financial goals.
Terms and conditions
LifeLight Financial results may vary depending on the user, client and when the plan is run.
LifeLight Financial is a retirement planning and financial planning tool which has the following limitations and user assumptions:
Taxes: All tax information shown in the Planner is presented for illustrative purposes and does not constitute tax or legal advice. Taxes estimated by the program are estimates based on current tax laws. Withdrawals from tax-deferred accounts may be subject to penalties and taxes. This report assumes that any requirements for tax-deferred investing are met. You should consult your accountant tax advisor or for specific tax issues and questions.
Required Minimum Distributions: Any required minimum distributions shown in this report are estimates based on current laws. Your actual Required Minimum Distributions may be higher or lower.
Social Security: Any social security payments generated by the program are estimates based on the Social Security Administration (SSA) benefits algorithm as currently outlined by SSA rules and regulations. It is highly recommended that users obtain a more accurate estimate from the SSA, which will be based on the users’ actual historical income levels.
Annuities and Insurance Products: LifeLight Financial does not model any specific products, such as annuities and other insurance products. Any products that are used for illustration are just estimates based on the information entered by the user. Annuities and insurance products may have several penalties, surrender charges and other fees that are not taken into account in the LifeLight Financial software.
LifeLight Financial does not provide Monte Carlo analysis at this time. Monte Carlo simulations are used to show how changes in rates of return can affect your investments each year. Users should take advantage of the modeling feature of the LifeLight Financial software to simulate different outcomes over the long-term horizon.
LifeLight Financial does not take into account historical data or current conditions in the securities markets, which may severely affect the outcome of your goals over the long term.
Any historical data used for any assumptions and calculations in the model has been provided by sources believed to be reliable, but not independently verified by LifeLight Financial.
Information You Have Provided: Information that you provided about goals, assets and other cash inflows and outflows are important assumptions used in the calculations and projections in the Planner. Please review the report to verify that the assumptions used are accurate. Even small changes in assumptions can have a large impact on the results shown in this report.
The information provided by you should be reviewed periodically (at least annually), and updated when either the information or your circumstances change.
All investment, asset and liability information included in this report was provided by you and is not a substitute for the information contained in the official account statements provided to you by custodians. The current asset values contained in those account statements should be used to update the asset information in the LifeLight Financial software, as necessary.
Limitations of the Software and Report: All results in this report are hypothetical in nature and do not guarantee future results. The software uses simplifying assumptions that do not completely reflect your specific circumstances. No software application has the ability to accurately predict future investment returns and anything affecting one’s financial plan. The estimated expenses, fees, income taxes and other cash flow assumptions used in this report, may vary greatly from the actual costs that will be incurred. Investment returns, inflation,lifespan and other economic and political conditions may vary from the assumptions used in LifeLight Financial, which means your actual results will vary, potentially by a wide margin, from those presented in the Planner.