VeriPlan's 10 financial planning tools and financial calculators (VeriPlan Overview: Part 6 of 7)

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Investment Growth Calculator

Asset Allocation Calculator:

Your asset allocation strategy allows you to align the risk of your investment portfolio with your relative risk tolerance. The VeriPlan personal financial management software provides five user selectable and adjustable asset management methods for your lifecycle projections. Fixed, variable, and age-based asset allocation mechanisms are provided by this tool. Reallocations of your assets are performed automatically at the beginning of all subsequent projection years.

Cost-Effectiveness Calculator:

Excessive investment costs are a huge problem for the average individual investor. VeriPlan's financial planning calculators automatically analyze the impact of five types of investment expenses across your lifecycle: 1) asset purchase fees, 2) asset management fees, 3) marketing fees, 4) securities trading costs, and 5) investment account custody fees. VeriPlan automates the comparison of your full lifetime investment costs. The VeriPlan cash flow analysis software compares the lifetime investment costs of your current financial asset portfolio to lifetime investment costs that you believe are reasonable to pay.

Expense and Savings Calculator:

This financial calculator allows you to change your current expense budget levels and future expense budgeting growth rates. VeriPlan's budget worksheets also allow you to enter major planned expenses and their growth rates for any future years. You can also enter positive and negative expense adjustments and growth rates for any projection year. This tool explains how VeriPlan can be used as a Children's Education Expenditure and College Savings Tool. It also provides a section on how to use VeriPlan as a Mid-Career Education Planning Tool to model the financial tradeoffs associated with returning to school for career advancement.

Future Debt Calculator:

Excess consumption and the attendant costs of debt can be very destructive. This debt management calculator allows you to set an interest rate for future unfunded consumption. VeriPlan automatically accumulates an unfunded debt with unpaid interest, when your projected expense budget exceeds your projected income and your cash, bond / fixed income, and stock / equity investment assets are projected to be fully depleted. If subsequent positive net income becomes available, VeriPlan will automatically retire some or all of this unfunded consumption debt.

Regarding any current loans that you have, VeriPlan's loan calculator automatically repays required interest and principal. You can also use this VeriPlan facility as a debt management calculator to analyze and plan for the accelerated repayment of any or all of your current loans.

Historical Investment Returns Calculator:

VeriPlan's automated "centerline" projections are based on the very long-term, historical securities market rates of return that have been achieved in the cash, bond / fixed income, and stock / equity investment asset classes over approximately the past 75 years. You can adjust these projected rates of return, using VeriPlan’s Portfolio risk calculator. VeriPlan’s future value calculator projections automatically deduct your taxes and investment costs from your investment asset returns. Furthermore, across your lifetime, VeriPlan will automatically project the value of your real estate, property, and other assets, which are not priced currently on real-time securities markets. VeriPlan will use the current fair market value and future growth rate estimates and adjustments that you provide for these real estate, property, and other assets.

Home Purchase Calculator:

VeriPlan provides this financial calculator and mortgage calculator for users who plan to purchase up to three homes in the future. For your future home purchases, this financial planning tool automatically takes into account:  a) the planned purchase price, b) closing costs, c) settlement cash required, d) mortgage debt to be assumed, e) expected interim price changes, and f) subsequent expected price appreciation.

Investment Portfolio Risk Calculator:

VeriPlan provides two combinable methods to develop projections with asset class return assumptions that differ positively or negatively from VeriPlan's "centerline" historical assumptions:

  • The Projection Variance Tool allows you to vary asset class returns upward or downward automatically in proportion to their historical volatility or investment risk.
  • The Asset Class Return Adjuster allows you to vary investment portfolio growth rates automatically on a one-by-one basis.

VeriPlan also provides a Current Portfolio Revaluation Tool to help users understand the potential effects of substantial near-term changes in securities market values.

Portfolio Safety Calculator:

Individual investors face a dilemma. Both less risky and more risky investment returns strategies may not achieve desired results for different reasons. When assessing investment strategies with different risk levels, it can be helpful to understand how the "safer" portion of your investment portfolio assets might evolve across your lifetime. VeriPlan's Portfolio Safety Tool automatically projects how long your cash and shorter-term fixed income assets would cover your projected expense budget, if all your expected income sources ceased. This tool automatically measures your projected financial capacity to weather financial planning risks that might materialize in the future.

Retirement Calculator:

With this tool, you can set individual retirement ages for Earners 1 and 2. You can select whether or not to retire simultaneously. You can also adjust your expected ordinary living expense budget in retirement and the growth rate of those expenses. Concerning Social Security retirement payments, you can set current levels of your entitlements and adjust the age at which you would first begin to receive Social Security payments. Furthermore, you can scale back the amount of your projected Social Security payments, if you wish. Finally, because much older workers can face significant erosion of real dollar wage rates, you can adjust VeriPlan's assumptions about real dollar wage erosion for earnings at ages over 65.

Retirement Account Assets

Tax-Advantaged Retirement Planning Calculator:

Your settings on this retirement planning calculator will control your projected tax-advantaged plan contributions that would be funded from your future positive net income and/or your future taxable investment portfolio assets, up to the current legal annual limits, which are user-adjustable. This tool allows you to determine the portion of your projected annual contributions that would be deposited automatically into either traditional retirement accounts or Roth IRA and other Roth retirement accounts.

  • The Total Contribution Limitation Tool allows you to set your personal limitation on overall tax-advantaged account deposits, as a percent of your future annual positive net cash flows.
  • The Roth Contribution Limitation Tool allows you to set the percentage that Roth IRA and Roth 401k, 403b, 457, etc. contributions would be of your total annual contributions into both traditional retirement accounts and Roth IRA and 401k retirement accounts.

A Great Deal and a Great Help with Your Personal Financial Planning.

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About the Author
best personal finance software
Larry Russell
MBA (Stanford University)
MA (Brandeis University)
BS (M.I.T.)

All content on this website is written by me. My goal is to provide in-depth and objective knowledge about what really works in personal finance and investing, so that you can increase your knowledge and improve your ability to manage your own financial affairs.

  • I am an experienced financial planner, the author of extensive personal finance publications on the web, and the developer of the sophisticated VeriPlan DIY lifetime financial planning software. At a creaky 70+ years of age (it's an old picture), I have gained expertise in economics, finance, investments, accounting, taxation, probability, statistics, and software.
  • In 2003, I began development of a highly automated and customizable lifetime financial planning application, VeriPlan , which I designed to serve as a decision support toolset for my advisory clients. In 2006, I released a standalone configuration of VeriPlan that do-it-yourself individuals can use themselves.
  • VeriPlan is the most automated, customizable, and sophisticated do-it-yourself lifetime financial planning software available directly to end users at a very reasonable price. To learn more about VeriPlan, click on the graphic at the upper left of this page.
  • I am also that author of several books. My most recent book is the "Buyers Guide to Low Cost No Load Mutual Funds ." This ebook will improve your understanding of investing by summarizing what the research literature indicates does and does not work when investing. It conveniently provides a directory of the lowest cost, diversified no load mutual funds available to US investors for direct investing. Included are over 200 of the very lowest cost mutual funds in 30 global, international, and US stock, bond, real estate, and money market fund asset categories.
  • This book delves into what is a mutual fund and it clarifies why only certain funds are worth owning. With it, year after year you can easily save money and time, while increasing diversification, lowering risks, and dramatically reducing investment costs. This ebook will help you to put your investing strategy on autopilot and allow you to get on with your real life.



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