Menu of Retirement Planning Software.

All versions of our retirement planning software use a superior Monte Carlo simulation methodology compared to other retirement planners. Most others just fiddle with the rate of return on investments to display a bottom-line probability of success number. Ours also fiddles with inflation and taxes at the same time too. Plus it displays the minimum average rate of return on all investments needed to fund a successful retirement strategy.

Retirement assets can easily be set up using the "bucket" approach, where you input investment accounts according to what kind of financial asset class it's in. This way you can control when, and where, retirement income comes from using different points of view - income, growth rates, qualified vs. non-qualified, asset class, etc. This makes depleting one type of asset bucket before tapping into other buckets easy to model. If you're going to set up retirement assets to payout income using the bucket approach, then single RWR is better than Dual RWR because it has twice as many buckets (20, which is more than enough).

Also because everything is based in Excel, you can customize printing and control most every dollar in every year; you'll have complete transparency, be able to create an unlimited number of versions, and can use Goal Seek to run more "What-if" scenarios than any other retirement planning software.

Our Retirement Planning Software Programs are:

• For professional retirement planners that like having most inputs on the same page, and want to see both current and proposed retirement scenarios at the same time, there's Dual RWR. It's basically two single RWRs combined, with most inputs moved to one master input sheet. You can run Monte Carlo simulations on Current and Proposed versions separately, for a more thorough retirement analysis, while cutting the wait time down by half.

There are three demos for Dual RWR to show off two ways of doing the "Bucket Approach," and normal "Gap Funding."

Dual RWR is the heart of the Integrated Financial Planner (which is also our best retirement planning software, but it has much more, so it's not listed here).

• Single Real World Retirement (RWR), which creates "mini-financial plans" that display more valuable information than financial plans from any other vendor. If you want the very best retirement tool to analyze any oddball scenario that happens in the Real World; with more accuracy, flexibility, functionality, and power, then the single version of RWR is for you. Single RWR is best for consumers because they usually don't run two scenario versions at once.

• If you don't want the bells and whistles, and only want to spend $20, then the basic RP retirement planner is for you. RP is capable of evaluating retirement strategies better than most competing planners selling for over $100.

The differences with RWR are:

With RP, income from investments is withdrawn pro-rata as needed so they all run out at the same time. No other kinds of retirement income payouts from investments can be modeled, except manual income withdrawals. With the manual withdrawals, you can model any kind of payout you want, but it's not automatic like RWR (which has ten ways to make retirement withdrawals).

RP does not consider taxes at all, so everything is gross of taxes.

You can't control Social Security income in every year, like RWR can.

RP only has ten asset buckets, whereas RWR has twenty.

RWR has a column next to each manual override where you can input text to remind you later why you used it.

RWR has four additional miscellaneous input areas for joint incomes and/or expenses. You can also code incomes, expenses, and investments to be jointly owned with RWR, but not RP.

Most miscellaneous income and expense input areas can be designated as jointly-owned with RWR. All 20 assets can be coded jointly too only with RWR.

With Dual RWR, you can see both current and proposed versions at the same time, and have most all inputs on one page, so you can easily compare two different scenarios.

RP only has four presentation pages that show results, and only one graph; whereas RWR has several more results pages, and 32 charts and graphs to show things like how much income goals are eroded every year by inflation.

RWR displays the percentage of income goal being met, both every year, and an average for all years. For example, if you need $100,000 of retirement income in a certain year, and there is only $90,000 available, it will show 90%.

The Income & Expense Detail sheet shows the annual details of the many miscellaneous incomes and expenses for every year, including all of the manual overrides (RP doesn't have this at all). RWR shows several more columns of investment information on the Asset & Misc. Summaries sheet than RP, and several more columns of annual bottom-lines on the Annual Summary Numbers sheet. RP ignores taxes, so it doesn't have the Taxes sheet.

RWR displays the present value of additional capital needed to fund the combined income goal deficits in every year. In short, how much more retirement investment is needed for every year in today's dollars. It also displays this cumulatively to show running totals of how much more money will be needed in a lump sum both now, and at the year the first investor retires.

• If you want it even simpler than RP, then Simple RP is the answer. It doesn't do near as much, because it only has 11 simple input fields, but it has a unique feature. You can easily account for debts and see how they affect retirement.

• If you want quick answers to 401(k) forecasting, then the simple 401(k) Calculator works great.

• If you want several times the functionality of free online retirement calculators, but still want it free, then our free retirement calculator is the answer.

It's a limited version of RP, but still has much more functionality compared to other free retirement calculators (and is the only one with Monte Carlo).

• If you want it free and the free version of RP is still too complex, then something on the free online retirement calculators page might work for you.

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Retirement Target Date Investing Models (and about Lifestyle Funds)

The only actual research of when to start collecting Social Security benefits

We also have retirement planning services, where both individual investors and financial planners can get custom retirement plans created

Personal Finance Software Modules For Sale
(are listed below)

Fully-Integrated Financial Planning Software

Asset Allocation Overview with Historical Portfolio Performance

Comprehensive Asset Allocation Calculator

Asset Allocation Models with Investment Track Record

Monthly Updated Mutual Fund Picks

TVM Financial Tools and Free Financial Calculators

Free Personal Budget Software