How to Reduce the Price of Financial Planning Software.

▪ You definitely want the flagship product: Fully Integrated Financial Planner. The heart of it is Dual RWR, so once you have it, then there is less need for Dual RWR or RWR. Here are the differences when you just have IFP:

You won't be able to use all of the miscellaneous incomes and expenses on the Summing & Input sheet with IFP like you can with RWR. This is all done on the Cash Flow Projector. If you want to make a plan without having to input all of the details in the Cash Flow Projector, then you can bypass it, using RWR's internally generated income goal inflator. This works the same as RWR, but all of the miscellaneous incomes and expenses are not there (so you'll have to use the income goal manual overrides to do all of that).

Miscellaneous incomes do not appear at the bottom of the Asset & Misc. Income Summaries sheet. Only Social Security is shown here.

The Income & Expense - Detail sheet is not there.

The manual withdrawal feature on the asset sheets is not there.

So you won't be able to just use RWR or Dual RWR to make a mini-financial plan, which does a better job than most competing financial planners quickly all by itself.

Once you have IFP, then there's not much need for the Cash Flow and Family Budgeting Software as you can use this with minimal extra work with IFP.

You'd still need the Net Worth Projector even if you have IFP, because most of the asset growing is done in the Financial Planner module. So if you just wanted to do a net worth projection, you wouldn't be able to do that easily with IFP (you could but it would be a lot of work compared to just having NWP).

You may not need the College Planning Calculator if you have IFP. It's only a little more input to just use the college planner part of IFP.

▪ Once you have IFP or Dual RWR, then the only reason single RWR would be of use is if you wanted to have more than ten assets. Single RWR has 20.

▪ You wouldn't need the RP Retirement Planner or the Personal Finance Calculator unless you like doing retirement plans very quickly and simply.

▪ Most financial professionals don't have much use for the Asset Distribution Tools, because it's basically a way of cheating the asset allocation process to get work done in a hurry.

▪ If your clients don't care about the details of their bonds, then you probably won't need the Bond Management Software.

▪ If you work on a commission-only basis and can't charge fees, then the Template Client Agreement is not going to be of any use to you.

▪ If you don't do any marketing, or if you already have all of the marketing pieces you need, then the Marketing Tri-Fold Template may not be of much use to you.

▪ If you don't have much to do with telling people how much life insurance they need, then you won't need the Life Insurance Needs Calculator.

▪ If you don't need any of the financial tools on the Time Value of Money Financial Plan Calculators module then you can get by without it. You should take a look to make sure first.

▪ If you're not going to be comparing the different methods of investing, or making cash value life vs. term and invest the difference comparisons, then you won't need the Investment Comparator with Buy Term Life Insurance and Invest the Difference vs. Whole Life Calculator.

▪ If you'll never need to analyze rental real estate properties, then you won't need the Real Estate Investing Software.

▪ If you'll never do any marketing one-on-one using a computer or in groups via a seminar, then you won't need the Marketing Seminar.

That's about all that can be said about the differences and redundancies. send e-mail with a list of the modules you don't need to get a lower price quote on a Bundled Deal.

Product Information

Fully Integrated Financial Planning Software

Menu of Retirement Planning Software

Asset Allocation Overview with Our Historical Returns

Asset Allocation Software

Asset Allocation Models with Our Historical Returns

Our Monthly Updated Mutual Fund Picks

Financial Plan Tools

Family Budgeting Calculator

Financial Planning Fact Finders

Investment Policy Statement Software

Bond Calculators