Personal Finance Software, Financial Planning Software, and Investment Management.

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This site is like a financial toolbox. So it's best to think about the jobs you need done, then find the tools that do them using the text below or the right-hand column

To help sort through the "too much information," press Control F. Then input the text you're interested in (e.g., bond), and it may go to that page's link

What's New?

Professional financial planners and investment managers working with individual clients: This site offers almost everything your financial planning practice needs. These money tools were created by folks that actually live and work in your world, not by folks living in an academic ivory tower that have never met and listened to an actual paying client in person. We've personally made financial plans and managed money for thousands of people in the Real World, so we know what you want, need, and we feel all of your ever-changing daily frustrations just like you do. Read about us making professional financial plans for your clients, helping with investment portfolio management, consulting, creating custom software, or doing custom case writing work. See samples of what you'd get by downloading the free sample comprehensive financial plan.

Consumers and do-it-yourself investors: Do it all yourself, or hire us, and get better financial plans than you'd get by hiring a sophisticated and expensive financial planner. Also you can create your own better-suited investment portfolios than you'd get by hiring a rich and famous investment manager, all for a fraction of the cost. There are detailed instructions for all financial software, so anyone with basic Microsoft Excel experience can use them. Compare this financial plan to what your financial advisor gave you, and then compare cost.

Why we're superior compared to other financial plan software vendors

Excel's built-in Goal Seek function makes this financial software the most flexible, powerful, and functional set of financial tools ever created. Because everything is based in Excel, you can easily do any "What If" scenario any other financial software can do, plus dozens more they can't, with just four clicks.

Brief Financial Planning Software Descriptions

Featuring Our Flagship Product:

Fully-Integrated Suite of Financial Planning Software: The Dual RWR retirement software, budget & cash flow projector, net worth projector, multiple-student college planner, and comprehensive asset allocation software are all hard-wired together for complete integration, just like the major competitors.

Now there's no reason to spend a small fortune annually on other planners that have only a small fraction of the functionality and power. This allows the creation of full-blown financial plans with minimal duplication of input, similar user-friendliness, and complete control of most everything, including printing reports.

Retirement Planning Software: RWR is the most powerful and flexible retirement planning software ever created. Create a retirement plan with the power to simulate any Real World scenario like no other program can. It's the same as doing a "mini-financial plan" because it will take college expenses, unequal cash flows, and everything that happens in the Real World into account.

This retirement savings software is for projecting detailed goals, incomes, expenses, and investment values before and after retirement, to project when money will run out. It uses a superior Monte Carlo simulation methodology compared to other retirement planners. It also works great using the "bucket approach" to set up asset accounts according to how they pay out, so you can deplete one bucket before tapping another (e.g., non-qualified before qualified).

NaviPlan/Financial Profiles/Quicken/MoneyWhatever users: This is the cost-saving solution if you're frustrated with their lack of functionality, detail, flexibility, and forecasting ability. With RWR, you'll have total control of every dollar in every year, all of the variables, how everything flows, and printing reports.

Retirement Plan Calculator: RP is a basic and inexpensive retirement planning calculator that lets you quickly and easily run retirement projections. Even though RP is simple, it's still capable of performing retirement analyses better than most other expensive retirement planners. It also uses a superior Monte Carlo simulation methodology compared to other retirement projectors.

Comprehensive Asset Allocation Software: Investment software for do-it-yourself investors and financial advisors working with high-net worth clients. Use this turnkey allocation software to calculate, compare, and implement, the mix of asset classes / investments you feel is best for yourself or your clients. This is the only asset allocation system that treats all of one's investments in one pie, all together, like they should be in the Real World; so you can evaluate, discuss, and implement the whole scenario without leaving anything out.

Get total control over asset allocation (and every dollar, and printing) instead of being locked into what a software company thinks you should do. Input contributions / withdrawals, and return assumptions for each investment (or asset class), and then see 75-years of estimated growth for all of the Current vs. Proposed allocation mixes.

If you're a frustrated Financial Profiles/NaviPlan/Morningstar/MoneyWhatever user, tired of spending too much, and then still having to invent your own investment strategy, this is for you. This is the only turnkey system you can buy for constructing investment portfolios from nothing to making trades with mutual fund tickers for high-net worth clients with minimal expense, work, and time.

Investment Model Portfolios: Consumers and do-it-yourself investors - this investment software is the solution if you, or your advisor, keeps losing too much money. They have consistently beaten the markets, and properly-constructed benchmarks, for over 11 years. We have yet to see anyone get better returns since inception of 1/1/99 - including the famous Warren Buffett BRK-A shares.

This is the ONLY turnkey system you can buy that will help take you from nothing to making trades with mutual fund ticker symbols, just by following the directions. Build and maintain your own long-term, low transaction, easy to understand, low risk, well-diversified and allocated investment portfolio that matches your investment risk-tolerance, for only around a dozen bucks per month.

Financial advisors: This is a marketing must if you practice asset allocation, use portfolio models, or want to start (and look like you've been doing it forever). This is the only turnkey system you can buy for constructing asset allocation models for low-to-medium-net worth clients for minimal expense, work, and time.

The model allocations also include the No-Load Dynamic Target Date Models, a Market Timing Calculator for modeling and backtesting market timing strategies, and a Variable Annuity Optimizer. Everything is updated monthly.

Download free enlightening text discussing mutual fund model allocation, and how to use them to prospect for new investment management clients.

Mutual Fund Picks (Open-end mutual fund screening): These are the actual recommended mutual funds selected for the 16 or 21 asset classes used with the two above-mentioned asset allocator tools.

Read enlightening text and get free helpful advice and tips on mutual funds, picking mutual funds, and mutual fund screening. Everything is updated monthly for use with professional money management programs.

There is also an inexpensive custom mutual fund recommendation, screening, and analysis service where you can get professional, unbiased, opinions on just about any open-end mutual fund, with none of the usual conflicts of interest.

Financial Planning Fact Finders: These are not for consumers. Thousands of Real World financial planning and investment management clients since 1988, went into making these financial fact finders by far the best client discovery tools on the market. Just edit, print, and give to clients or prospects, and it comes back filled out so you can know them well, then manually input their data into financial plan software. If your clients are computer literate, then they can follow simple directions and you can get them back and forth via e-mail or download.

You can edit them any way you want to fit your practice. They are refined continually to qualify, and get all of the important information needed for basic to advanced financial planning and investment management, and also for input into the highest level of any comprehensive financial planning software.

They're also great for staying out of trouble and keeping BD compliance people happy, because you'll have what they told you they wanted - their life's goals, suitability and risk tolerance all covered, printed, and on record in their files.

Investment Policy Statement Template (IPS): Not for consumers, but a must-have for any investment portfolio manager working with individual clients.

Forget fancy-shmancy, hard-to-use, full of bugs and meaningless details, and way too expensive IPS tools. All you need to do is edit this Word document template, save, and print. It covers most everything other sophisticated programs produce for individual clients, for a fraction of the cost, in minutes.

Money eBook: This is an "uncensored" how-to money e-book to enlighten you the about the mysteries of the financial services, financial planning, estate planning, insurance, banking, and investment businesses.

Learn how to select a financial planner and/or money manager, and then if you should fire them to avoid their high costs and shenanigans. Then it teaches you the basics of how to do a better job of managing your own investment portfolios.

If you're new to the financial businesses, or are thinking about getting in, this investment e-book could literally save your life. Learn what these businesses are really all about, from an insider's point of view, so you can make informed decisions about your career and financial future. This e-book is the only way to learn how the industry is truly organized, motivated, and how to navigate it to help make it work in your favor. Avoid trusting what potential "employers" tell you about getting into the biz, and it may literally save the life of you and your family!

Bond Calculators: The demo has the most functional free bond yield calculator ever to be on the web. The main features of this fixed income software are:

• Two 100-bond convexity and duration calculator sheets (the second is yield to call). Calculate all of the usual modified duration and convexity numbers, then estimate how assumed future changes in interest rates will change the price of each bond, and the combined bond portfolio. Plus many more averages.

• Bond total return calculator using the most accurate method - Horizon Return.

• Calculate annual amortization of premiums and see basis totals on up to 100 coupon bonds for twenty years. It uses both the Constant Yield and Straight Line amortization methods.

• Multi-year bond calculator: Input up to 25 bonds and get an estimated overall portfolio yield for up to 50 years.

• Zero coupon bond accretion: Input up to 25 zero coupon bonds, and see the annual accretion, and inputted taxes due, on each bond and on all bonds.

• Calculate a zero coupon bond's current fair market value, and yield to maturity (and / or yield to call).

• Portfolio Yield Calculator: This calculates a current snapshot of the combined average income / dividend yield of your total combined investment portfolios; then it estimates how much income, or paycheck, they'll produce on a daily, weekly, monthly, semi-annual, and annual basis.

Financial Seminar: Not for consumers. This is a ~200-slide unprotected PowerPoint seminar covering financial planning, the money game, risk management, retirement planning, investment management, asset allocation, portfolio optimization, and more. It contains a script that suggests what to say for some slides. You can make any changes you want to it. Use it as a starting point to help build your own custom marketing seminars, so you can say what you want and not be stuck with canned expensive presentations you can't customize.

Basic Financial Planning Marketing Tools: Not for consumers, but this is something every professional in the fee-based investment management business should have. You'll need a marketing / firm fact / bio package to either send to new prospects in the mail, or give them to take home after the first appointment. This page lists what you'll need, has some freebies, and offers two inexpensive tools to help get your financial plan marketing binder up to speed.

Fusion Wealth Planning Process: A turnkey practice management and marketing system to gain the competitive edge with ultra-high-net worth clients. This is the most time-efficient way to master the comprehensive financial planning, and estate planning profession. This is an estate planner training program, using a unique turnkey practice management and marketing system.

Financial Tools (TVM Calculators): Financial software that has all of the usual free time value of money calculators seen on the web. The first seven sheets of the free demo are a large array of financial calculators that perform all of the usual TVM (time value of money) functions: Present value, future value, interest rate, payments, IRR & NPV, loan amortizers, CD penalty, renting vs. own a home, cost of raising a child, life expectancy, wage breakdowns, final expenses, percentage change, long-term costs of a family ruining monster, etc. Then it has:

• The most detailed mutual fund investment projector ever created. Input basic parameters, and see details about growth, shrinkage, taxes, basis, annual costs in both dollars and percentages, and more.

• The most functional 401(k) and 403(b) calculators ever created.

• 25-year time-weighted rate of return calculator that tells the rate of return each year, and averages for multiple years, considering all of the unequal monthly cash flows that happen with investment portfolios in the Real World: Dividends / capital gains / spent withdrawals and taxes on them, as well as contributions. This is the same calculation methodology used by the CFA Institute, expensive software like Axys Advent, and brokerages when they prepare your financial statements. With this, you can estimate past returns of ALL of your investment accounts combined (instead of just what's in one brokerage account).

• Investment management fee calculator for investment advisors: If you have to calculate fees manually periodically to tell your custodian how much to deduct from clients' cash accounts to pay you, then this will pay for itself the first time.

• Portfolio Yield Calculator: This calculates the combined average income / dividend yield on your total combined investment portfolios; then estimates how much income, or paycheck, everything will produce over several time frames.

• Age 70½ IRS Required IRA Minimum Distribution Calculator (MDIB / MRD calculators). It also has the same type of money calculator for inherited IRAs.

• All three versions of IRS 72(t) tax-qualified premature distribution calculators. Calculate how to retire as early as age 50 and avoid pre-age 59½ penalties.

• Six Social Security calculators compare and help decide when to start collecting benefits. See the truth instead of what's always touted in the media.

• Inflation Adjusted Income Stream Generator: This unique calculator estimates how much you can withdraw annually, without running out, considering inflation.

Investment Comparator: This is the only investment software that properly compares the long-term details of the 23 most common methods of investing side-by-side apples-to-apples with each other for simple bottom-line evaluation.

Forget about having to take salespeople's word that Roth IRAs are better than traditional IRA / 401(k)s, using tax-qualified plans will make or break your retirement, life insurance and/or annuities are the solution to any problem, etc. Its other main function is to perform the most accurate comparison of "buy term life insurance and invest the difference vs. cash value whole life insurance."

See how traditional wisdom and basic financial concepts you've known for decades has just been all wrong. The proof is finally in the numbers, and flow so well and are so transparent, that anyone can figure out what's really going on.

Life Insurance Calculator: This is by far the most powerful, functional, and flexible life insurance needs calculator ever created; for life agents, financial advisors, and do-it-yourself consumers seeking the truth in a deceptive biz.

This life insurance calculator will tell you how much life insurance you and your family really need, by letting you input in detail only what you want to insure for. This is the only life insurance software that calculates both current needs, and how much life insurance is needed every year, up to 75 years into the future.

It's also the only life insurance needs software that allows you to input exact figures into manual override columns, to account for estimated future changes in incomes, expenses, Social Security, declining debts like mortgages, etc.

Input all lump sum needs (it tells you what these are), and then input data to replace the breadwinner's lost income. It then calculates everything taking into account Social Security benefits and all other sources of survivor's income. You can control every dollar in every year so you can calculate your exact needs, so you can minimize the expense of maintaining costly life insurance (and verify your life agent's usually greatly-exaggerated and expensive recommendations).

Net Worth Calculator (balance sheet software): This is by far the most powerful, functional, and flexible personal net worth calculator ever created. It displays a detailed current snapshot of overall net worth by listing everyone's assets and liabilities, with tables, graphs, and pie charts.

Input up to five accounts for each of the following: Client, spouse, jointly held / community property, and children's assets (for a total of 20 separate financial accounts). Each account can then hold up to 25 assets (with one liability).

Calculate current snapshots of assets and liabilities held by everyone; net worth, balance sheet, asset allocations, and after-capital gains tax investment values, using up to 500 assets and 20 liabilities.

It has a sheet showing all assets, with up to 12 time frames where you can see percent changes (per asset and account). It also breaks out liabilities for each account and family member. It also has a sheet that just shows non-qualified assets, another just showing qualified, another showing asset values, basis and after-tax values considering both post-sale ordinary income and capital gains taxes. After creating a current snapshot, the projector below comes into play:

75-Year Net Worth Projector: This is by far the most powerful, functional, and flexible personal net worth projector ever created. You can control every dollar in every year, and integrate the results with other financial and retirement planners. It takes the data entered into the net worth calculator (above), and then automatically forecasts everything into the future with unprecedented detail.

In addition to everything on the net worth calculator, the net worth projector has: An input sheet where you can control every year's value for all 500 assets (and liabilities), via annual manual overrides (for forcing end-of-year market values, and/or rates of return, to be what you want). It also has presentation sheets that shows all of the twenty accounts' annual values for 75 years. Assets are shown by all client accounts, all qualified, all personal, and then everything combined. Then the same for spouse, jointly held, and children's assets (and liabilities).

College Savings Calculator: This is by far the most powerful, functional, and flexible college funding software ever created for calculating how much money is needed to put one, or up to five students at a time, through college. This will help you calculate how much money is needed to save, both lump sum, and/or monthly, to reach the goal of putting someone through college - both now, and in the future, while accounting for all of the details that want to stop you.

You have total control over every dollar in every year. It also does a side-by-side comparison of two different scenarios (like public vs. private college). This college savings software also has the most detailed student budget calculator, and is the only college planner that allows you to input different expense inflation rates, so you can account for things like tuition going up at a 10% annual rate, and rent going down at 1%, all in the same year.

It also has an investment asset allocator for managing the money set aside for college funding. This "freebie" is worth more than the college planner by itself.

Only our college savings calculators use a superior Monte Carlo simulation methodology compared to the competition (most don't even have it at all).

Free Personal Budget Software and 75-Year Cash Flow Projector: The family budget part of the spreadsheet is a free personal finance download.

This money calculator is used for tracking family expenses in normal times, and can also be used to estimate expenses and income needs during disability and retirement. It has many uses, such as categorizing expenses and calculating how much you're really spending, comparing that to incomes (to show surpluses / deficits); it also calculates gas mileage and average / effective tax brackets.

The cash flow projector then takes each expense in three categories - fixed, variable, and debt service; and then adds the inflation rate you input (globally or on each expense). Then it displays the next year's numbers. Then everything is summed up in a logical fashion, so you can use and make sense out of it.

You have total control over every income and expense item in every year, so you can project your household budget 75-years into the future down to the dollar (and then use these future numbers as inputs into your retirement plan).

Rental Real Estate Software: Want to calculate how a rental property (or a portfolio of up to five properties) has really done over its life; or estimate what it probably will do? With just a few minutes of input, this program will estimate IRR and NPV, for all properties - separately, combined, unweighted and weighted. It considers all cash flows, income taxes, depreciation, basis, purchases, sales, improvements, commissions, will handle one refinancing, and more.

Estimate a property's internal rate of return and net present value both pre- and post-capital gains tax, to see if it's currently over- or under-priced. Control most every dollar in every year for unprecedented control and accuracy. There's no other real estate program for under $100 that performs all of these functions.

Financial Planning and Investment Management Services:

Custom Benchmark Portfolio Services (Not a software product): Custom investment benchmarking portfolios are created and used to compare risk and return performance of actual investment portfolios to the same portfolio shell funded with indices, using the same weights and time frames. This is the only proper way to do the "apples-to-apples" comparison needed to see how much value the actual investment choices you, or your advisors, added (or lost) to a specific money management strategy over any time horizon.

How to optimize investment performance while captive in a 401k, 403b, or similar retirement plan, and still working and contributing to it.

There's more services listed at the bottom section of the right-hand column.

Readers of Personal Finance Guru, Terry Savage: Download the free Savage Number Retirement Planner with Monte Carlo

Disclaimer: This financial plan software is designed to allow financial planners, investment managers, other financial services professionals, and investors, to demonstrate and evaluate various financial strategies in order to help achieve their clients', or their own financial goals. There are no guarantees that any of the software will perform this function. The investment choices and services on this site are provided as general information only, and are not intended to provide investment, tax, legal, financial planning, or other advice. This site is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security, which may be referred herein. Mutual fund recommendations made are suggestions only, and customers should evaluate the suitability of each fund for their own holdings on their own or seek professional advice. Consult with your financial, legal, or tax advisor with regard to your individual situation. Toolsformoney.com is not engaged in rendering legal, accounting, tax, or other professional advice. In no event shall Toolsformoney.com be liable to customers for any damages whatsoever, including lost profits or savings, missed gains, or other incidental or consequential damages arising out of the use, or inability to use, any of the software or information obtained from this website. Financial estimates are generated by using many assumptions made by the program, clients, advisors, and the user. No person or software program can predict the future with any degree of certainty. No warranty as to correctness is given and no liability is accepted for any error, or omission, or any loss which may arise from relying upon data generated from reports produced by these programs. In no event shall Toolsformoney.com be liable to you or any other party, for any special, consequential or incidental damages suffered by you or such other party as a result of any problems that may arise because of the installation or improper use of this software or presentation of reports produced by this software. All reports generated by this personal finance software are only rough estimates of many possible future scenarios (none of which will occur in the Real World). Best nature pictures Best drummer Financial plans made on a fee-only basis.

Use the custom deal ordering forms

Personal Finance Software Modules

Fully Integrated Financial Planning Software

Menu of Retirement Planning Software

Asset Allocation Tutorial with Our Historical Returns

Comprehensive Asset Allocation Software

Model Allocations with Our Historical Returns

Monthly Updated Mutual Fund Picks: 96 Investment Picks

Financial Plan Tools for the Little Things that Go Into Creating Financial Plans

Free Personal Budget Software and 75-year Cash Flow Projector

Financial Planning Fact Finders for Financial Planners Gathering Data from Clients

Investment Policy Statement Software