Retirement in a Nutshell was designed by an investment advisor with over twenty years of
experience in the business. It is different from any other software in some very
important ways:
- First, it eliminates the most time consuming step required by other software;
the entering of client expense information. Client's hate filling out forms itemizing
their expenses and it is not that accurate anyway. The program computes the client's
expenses by taking their gross income and subtracting taxes and savings. It sounds
too simple but it is actually more accurate than itemizing. If money is not saved
it is spent. This is a huge time saver for both the client and the advisor and eliminates
the most problematic step in producing a financial analysis.
- Second, the program eliminates any data entry that is not absolutely necessary
to arrive at the desired results. It does not require entering the client's Social
Security number, birth date, address, phone number, or any account numbers. All
you enter are the client's names, birth year, and financial data. This not only
saves time, it means none of the information that internet hackers are commonly
looking for is even entered.
- Third, it provides a more detailed and understandable, year-by-year cash
flow report than much more expensive high end programs or simple retirement calculators.
- Fourth, it is so easy and quick to use. You can complete and print a detailed
cash flow analysis for a client during a one hour meeting. It immediately answers
the first question every client has when they come to you for advice: "Where do
I stand financially?" In addition to future cash flows, it also provides you with
an income analysis and balance sheet that shows the client's complete financial
situation up front.
- Fifth, he program is very affordable and the reports are less than 20 pages
long so you can easily print it on your local printer and give it to the client
at the end of a one hour meeting.
- Sixth, it is web-based so you can access and use the program from anywhere.