Personal Financial Planning Archives - VeriPlan Personal Financial Planning

Personal financial planning best practices

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 […]

VeriPlan Overview 1: Personal Finance Decisions

VeriPlan Overview: Part 1 of 7 Improving personal finance decisions with VeriPlan VeriPlan gives you significant personal insight into your most important personal finance and investment portfolio decisions. Through comprehensive and customized lifetime projections, VeriPlan’s integrated financial calculators and investment calculators model your particular financial situation across your adult lifetime. VeriPlan projects fully integrated scenarios about […]

Guard Your Credit from Financial Identity Theft

Guard Your Credit in the Event of Financial Identity Theft Without becoming a victim of identity theft, you can get a free credit report from each of the three credit reporting agencies once a year. Federal law requires the three major credit reporting agencies to provide these free reports annually. To satisfy their obligations, Equifax, […]

Protect Your Financial Security

The Only Real Protector of Your Financial Security Is You! Reduce the Chances of Mail Theft Never leave any outgoing financial letters containing checks or sensitive information outside in public for the postman. To receive mail, you should have a mail drop slot rather than a mailbox on the outside of the house. Always mail […]

Financial Planning and Identity Theft Prevention

Financial Planning Security and Identity Theft Prevention You should take the potential for financial identity theft very seriously, as a threat to your financial security. Identity theft can sometimes entail loss of your financial assets, whether small or large. However, very often it requires taking a very large amount of your time to rectify an […]

User Praise for VeriPlan:

"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

"Larry, this software is phenomenal. Wish I would have had it years ago. I can’t think of anything else the tool needs. Right now I feel like a kid in a candy store. I’m just reevaluating many of my decisions with a more comprehensive tool than my self-made Excel spreadsheet."T. H. in Newberry, FL

"The VeriPlan program and materials are extremely well thought out (not to mention voluminous). I think I now have a decent handle on the program, inputs and outputs. Your attention to detail is really impressive, and the analysis is excellent."W. B. in Carmel, CA

More User Praise for VeriPlan

"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. I am going to tell everyone I know about VeriPlan. Thank you very much for creating it. Your web sites are great, too."T. H. in Silicon Valley CA

"I thought I would let you know that VeriPlan was the primary decision support tool in my decision to retire early, which was about 4 years ago now. And it has worked out really well. Since then I got married, and we have traveled to 10 countries -- some on mission trips. I had used the lifetime planners in Microsoft Money and Quicken but they were not robust enough to make a major decision with. In retrospect they are toys compared to VeriPlan. So VeriPlan has been a very big help to me. Also, I recently read your Lowest Cost Mutual Funds book, which was great. It brought a few things to my attention that I need to work on."Email update from T. H. in Silicon Valley

"Finally, I absolutely love the enhancements you have made. They provide exactly the kind of specificity that I have been looking for. You have created a wonderful program!"J. B in East Orange, NJ

"I purchased your program about 2 weeks ago. In general, I find it is a fantastic planning tool. I've been doing Roth conversions, but starting full SSA this year for me makes this a real guessing game. Your program helps a lot with figuring that out. You provide a prodigious amount to documentation and instructions to wade through. The program is, nevertheless, excellent."L. B. in Chadds Ford, PA

Even More User Praise for VeriPlan

"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

"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

"Thank you for the update. 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