financial software

Financial Software

As you`re well aware, there are literally hundreds of software programs on the market that address every conceivable financial need of your prospects from long term care to life insurance to estate planning. Although many of these programs seem impressive at first glance, you soon discover that they aren`t easy to use and don`t provide your clients with an easy-to-read plan.

My Retirement Snapshot spreadsheet fixes that problem once and for all! And it`s so easy to use, you`ll be creating a retirement plan for your clients in no time flat. All you have to do is enter your prospect`s income, expenses and assets on the input form and the system will AUTOMATICALLY calculate your prospects` cash flow, asset growth and present it on 1-2 pages! The first page shows all the projected asset growth and the 2nd page shows the projected net income for the next 20 - 40 years! There`s even a graph which plots income against expenses for 20 - 40 years!

The product also calculates RMD`s and using the Rule of 100, indicates the amount of investments that are at risk to market downturns. It also calculates taxation on social security payments using the current threshold formulas. And that`s one of the really nice things about this...although there are many calculations going on "behind the scenes", the result is a simple-to-understand plan that anybody can easily digest and which your clients will absolutely love.

You`ll really enjoy the reaction you`ll get from your prospects because this is something that everyone wants! People have a hard time visualizing what their next 20 years are going to look like, and as you know, the number-one fear of seniors is outliving their money. Once you present them with this easy-to-read spreadsheet, your prospects/clients will be able to visualize (perhaps for the first time) what their retirement years will look like.