VeriPlan helps you to learn about scientifically valid personal financial planning and investment portfolio management practices
Personal finance and investing can be baffling. You can try to learn what works and what does not work from the media or from the financial services industry, but this effort is largely futile. The media reports the financial news as an endless, unfiltered, and often contradictory financial information fire hose. To what should you pay attention? What can you ignore, and what should you ignore? The media does not know. They just report the news. The subjects of personal financial planning and investment portfolio management are complex and interrelated. The media’s constantly shifting attention span and fleeting focus on events means that you rarely will find any comprehensive and scientific financial analysis in the media.
Most often, people do not have access to disinterested and reasonably priced advice and information. Financial advisors are expensive, whether or not you pay them directly. Most competent advisors prefer to focus their attention on the wealthy who can more easily afford their services. People of more modest financial means often receive inferior ‘free’ services. Many people find that these free financial planning services quickly focus on the sale of expensive and often inappropriate financial products and services.
Because realized investment portfolio values will be known only in the sometimes very distant future, individual investors can hear both good and bad advice and have no way to tell one from the other. Unfortunately, securities investments do not have warranties. If your financial plan and investment portfolio fall short in the future, all you will have is an empty wallet, when it may be far too late for you to recover.
To help you to take control of your own personal financial planning and investment management, VeriPlan’s comprehensive and fully integrated financial calculators, investment calculators, retirement calculators, and other personal finance software functionality will automatically generate personalized lifetime projections for any family’s particular lifetime financial affairs. VeriPlan’s design and functionality reflects a strong belief that individuals will follow scientifically grounded, budgeting conscious, risk adjusted, cost effective, and tax efficient strategies, if someone automates all the calculations, as VeriPlan has.
Financial planning education is a central objective of VeriPlan. VeriPlan contains extensive and integrated documentation that explains what VeriPlan does and why it does it. To promote your education about investment management and personal financial planning, VeriPlan is often linked to articles on The Skilled Investor website. The Skilled Investor website:
A customer comment from the sidebar: "VeriPlan is a big help. I'm in my mid 50's and have been a diligent saver and passable investor for many years. I am going through a work transition from salaried corporate employee to independent consultant, and my aging parents are needing financial help. Financial planning is particularly important to me and my family now. Thanks for making your product available. I've recommended it to a number of folks and will continue to do so." J.H. in Portland, OR
Find Home Financial Planning Software
A customer comment from the sidebar: "VeriPlan has been a very flexible home financial planning tool. It took me a few hours on a weekend to understand what VeriPlan could do and to enter our financial data. Our family financial affairs were scattered all over, and we lacked a comprehensive picture of what the future might hold for us. I wanted a clear understanding of our projected lifetime and retirement income, expenses, taxes, debts, real estate, financial assets, college investments, retirement investments, and everything else all together." S. L. in Altadena, CA
Discover Family Financial Planning Software
A customer comment from the sidebar: "You have done a great job of including the necessary instructions in VeriPlan, located close to where the modeling is happening. The thing I like about the VeriPlan User Guide is that it adds substantial additional commentary that I personally find very valuable. I was hunting for a capable and reasonably priced financial planning package, and VeriPlan is an awesome tool. The more I play around with it, the more valuable I find it. Your free user guide was what made me decide to get VeriPlan." C. A. in North Royalton, OH
Financial Planning Software for Individuals
A customer comment from the sidebar: "One of the stories that VeriPlan tells me is how much of my money could be lost to excessive investment costs. I just switched to some lower cost funds in my 401k. I loved updating VeriPlan with the new cost values just to see the red bar on the Total Assets chart get significantly thinner - quite a shocking difference." M. W. in Tulsa, OK
The Best DIY Retirement Planning Software
A customer comment from the sidebar: "I am extremely impressed with the depth of information that VeriPlan asks for and provides. VeriPlan seems much more detailed than one would expect for the very reasonable price. Although I am not a financial professional, I consider myself more financially educated than the most people of my age (62). I find that VeriPlan's depth to be just what we need for our retirement planning. I am glad I purchased it. Thanks." J. W. in Gainsville, FL
Financial Planning Software for Consumers
A customer comment from the sidebar: "I have been very happy with this software. I will put VeriPlan to work to help optimize our IRA to Roth conversions, while avoiding the IRMAA penalties if we can. We are in an opportunistic window for the next several years. I have been appalled by the lack of professional knowledge available with respect to the tax burden that will fall upon us when RMDs take effect. Most of the information I have found suggests that it isn't a problem. Luckily, this software will be of great benefit to chart our course." J. S. in Louisville, KY
Family Financial Planning Software
A customer comment from the sidebar: "I am a recently retired engineer, and I created a cash flow Excel spreadsheet for 25 years of retirement. So, I fully appreciate the data and potential variances that must be accounted for. Yet, mine is so very simple compared to VeriPlan. I love VeriPlan's concept of total control over inputs and parameters. Veriplan's objectives are very much like mine, but it has many, many more input and control options, and the price is spot on." L. G. in Southbridge, VA
Family Financial Planning Software for Consumers
A customer comment from the sidebar: "I've been using VeriPlan for a few weeks now, and it is everything I was looking for plus a whole lot more of what I didn't even know I needed. By simply switching VeriPlan to a state that does not have a state income tax, I can see how much I could save on traditional IRA distributions in retirement by moving to a state without income taxes. It is a real education in personal finance, and I think just about everyone would benefit from using this tool." T. H. in Silicon Valley CA
Financial Planning and Retirement Software for Home Use
a) provides an extensive collection of additional scientifically-based investment portfolio management and financial planning articles
b) republishes much of VeriPlan’s user documentation as articles for use by the general public
c) provides detailed examples of how to use VeriPlan to analyze different types of financial and investment decisions
d) maintains valid, current links for VeriPlan users to other financial information sources on the web.
Related Personal Financial Planning Software Articles
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
