Cash-flow Retirement Component (Golden Years) Retirement Planner is an entirely new and unique method of planning and managing your client's resources during their retirement years. Planning for retirement is becoming more and more complicated as retirement comes earlier for many people and our life expectancies get longer. These facts add an additional layer of difficulty to the planning process and require a more serious look into the future.

Some of the questions your clients should be asking include:

• How many years will I need to plan for income?
• Will my money run out before I do?
• What effect will my retirement plan withdrawals have on my income taxes?
• If I sell my home and purchase a smaller one, how much will that impact my retirement?
• What effect will inflation have on my income needs?

Cash-flow Retirement Component (Golden Years) provides the flexibility to perform nearly unlimited "what-if" scenarios. Change the inflation rate or amount of income needed up to five times. Change the earned income and pension plan amounts up to five times to account for changing needs or special plan options. In years when the client has surplus income, specify what percent is reinvested in each of four different savings and investment categories, and change the mix after retirement or another specified age. Run the report either with or without indexing of the IRS tax rate brackets. Finally enjoy the freedom of true flexibility.

Cash-flow Retirement Component (Golden Years) combines a unique level of flexibility, detailed analysis, and graphic presentation with a quick learning curve and easy to use operation. Entering assets and personal expenses can be simple and brief, or you may enter an unlimited number of assets. Especially popular is the "Audit Trail" feature that allows you to trace all calculations and sources through the carefully constructed detail reports.

 

Some of the most popular Cash-flow Retirement Component (Golden Years) reports include:

• Cash Flow: Illustrates the client's annual income and expenses, including personal living expenses, life insurance and other premiums, mortgage and debt repayment, taxes, planned deposits to investments and retirement accounts, other miscellaneous expense items. Also calculates earned income (wages and self-employment), pension plans, Social Security, and other miscellaneous sources. Includes the graph shown below.

• Retirement Projection: Provides a snapshot of the client's capital and how long it will last over the client's life expectancy. The graph below displays at what point the client has run out of money and experiences a capital shortage.

• Sources of Funds: Each year a client's spendable money comes from several different sources. The Sources of Funds report and graph display for the client what specifically is making up their future cash flow and at what age each source will begin and end.

• Other Reports: In addition to the above reports, Cash-flow Retirement Component (Golden Years) will print and display on-screen dozens of additional reports that will help your clients visualize potential problems and solutions in their retirement planning.

Unless you have the tools to provide a clear and accurate picture of your client's present and future needs and resources, your ability to provide investment and financial advice will be based on too much guess work. The Cash-flow Retirement Component (Golden Years) Retirement Resource Manager heralds a new breed of planning and analysis capability, allowing the planner and client to see the effects of strategies and changes each year into the future.   Through a combination of summary pages and graphs combined with detailed support pages, the client can gain a new level of comfort with your recommendations.

Back to Top ›