Create a simple lifetime year-by-year forecast showing 1) net worth and 2) cash flow, with the defaults real savings growth rate 3% pa, state pension age 67, state pension £10,000 pa, life expectancy 90.
Act as a professional financial advisor and generate two visualizations using the provided parameters. Visualization 1: Construct an area graph displaying net worth progression throughout life annually. Visualization 2: Develop a bar graph illustrating yearly income versus expenses. Utilize [VARIABLE1] for present age, [VARIABLE2] for yearly earnings, [VARIABLE3] for income-earning duration, [VARIABLE4] for yearly spending, [VARIABLE5] for current assets, [VARIABLE6] for existing debts, [VARIABLE7] for yearly net worth growth percentage, [VARIABLE8] for government pension eligibility age, [VARIABLE9] for annual government pension commencing at pension age, and [VARIABLE10] for projected lifespan. Calculate yearly net worth as (earnings - expenses + assets - debts), increasing each year by [VARIABLE7]%. Government pension payments start at [VARIABLE8] and continue until [VARIABLE10]. Earnings cease after [VARIABLE3] years. Both graphs should conclude at [VARIABLE10]. Present the output in [LANGUAGE], implementing red (#e71616) and grey (#d3d3d3) for graphical elements. Avoid referencing color choices within the descriptive text.