DIY Personal & Retirement Financial Planning
Do-It-Yourself financial and investment planning Excel spreadsheet software
Everyone has similar, yet distinct, financial planning needs regarding their families’ financial futures. While more wealthy people (think millions of dollars) have greater complexity to their financial affairs (caused largely by our incredibly convoluted U.S. personal tax codes), everyone needs sophisticated financial lifecycle planning. Whether wealthy or not yet wealthy, families need a personalized way […]
Pre-retirement savings rates for renters – with and without investment cost improvements Improving on Fran and Fred’s lifetime financial plan through lower investment costs Fran and Fred Frugal, both age 30, are a married working couple with $100,000 in combined annual earned income. They want to understand how valuable different personal finance strategies could be […]
Two examples of the Tax Assets graphic in VeriPlan TAX ASSETS: Taxable and Tax-Advantaged Financial Assets (real $/yr) Below are two examples of the blue-tabbed TAX ASSETS graphic, which come from VeriPlan’s “Sue and Sam Saver” tutorial. This graphic separates their cash, bond, and stock assets by account taxability throughout their lifetime projections. Assets are […]
Factors that tend to favor Roth tax-advantaged plan contributions – Part 2 (Continued from Part 1…) Family Financial Planning Software In a recent article, “Traditional versus Roth tax-advantaged plan contributions,” The Skilled Investor discussed why the average taxpayer would tend to benefit more by contributing to traditional rather than to Roth tax-advantaged IRA and 401k […]
Excessive investment expenses take 2% of individual investor’s assets every year Year after year, millions of people lose large amounts of money on unnecessary and unproductive investment costs and investment expenses. The typical investor loses about 2% of portfolio assets every year by paying too much and getting too little in return. Family Financial Planning […]