How to fill the EVPT Calculator
Im = Total monthly net income after taxes
Ht = Number of effective hours worked per month
Dp = Total in USD/EUR of your debts ( total amount of debt). Not household or family debt, but only yours as an individual
Pn = Net Assets ( Total value in USD/EUR) of properties, shares, cash, investments, etc. You should consider fixed assets and liquid assets.
Emax = maximum age you expect to live. In most cases, the default value is 80 years old.
Ea = your actual age
Nd = Number of dependents. People who fully depend on you, like children or older parents, grandparents, etc.
Rf = Family responsibility. The value associated with the family burden. The value entered must be between 0 and 1. The closer to 1, the higher the family burden is. This value is used to model the degree of dependence of the dependents.
Ts: Subjective Valuation of the Free Time. This value models how important it is for you the value your free time versus your working time. If you consider your free time twice as valuable as your work time, then Ts = 2.
Sa: Perceived health of the individual. The value must be a number between 1 and 100, considering the closer to 100, the better the actual health.
