DIY Personal & Retirement Financial Planning
Do-It-Yourself financial and investment planning Excel spreadsheet software
No financial planning software and no investment growth calculator can predict the future – Part 2 The future in not predictable, even with automated financial planning software. The future is fundamentally not predictable. The future of personal financial planning and investing is similarly unpredictable. The Skilled Investor’s approach with VeriPlan is different. As a lifetime […]
No financial planning software and no investment growth calculator can predict the future The future is simply not predictable, even with automated financial planning software. A previous financial article, “The Solution – ONLY follow financial strategies that are scientific, passive, diversified, savings focused, risk controlled, low cost, and tax efficient,†suggested that investors are much […]
Your investment portfolio and other property assets are simply your evolving estate A previous financial article, “The Solution – ONLY follow financial strategies that are scientific, passive, diversified, savings focused, risk controlled, low cost, and tax efficient,†suggested that investors are much better off with a well-considered financial plan. A stable set of financial beliefs […]
Do not ignore insurable risks that could destroy your best laid financial plans A previous financial article, “The Solution – ONLY follow financial strategies that are scientific, passive, diversified, savings focused, risk controlled, low cost, and tax efficient,†suggested that investors are much better off with a well-considered financial plan. A stable set of financial […]
If personal finance is difficult for you, carefully hire a good financial and investment adviser A previous financial article, “The Solution – ONLY follow financial strategies that are scientific, passive, diversified, savings focused, risk controlled, low cost, and tax efficient,†suggested that investors are much better off with a well-considered financial plan. A stable set […]
Financial advisor costs and the value of their investment strategies determine your return on investment from these investment advisor services A previous financial article, “The Solution – ONLY follow financial strategies that are scientific, passive, diversified, savings focused, risk controlled, low cost, and tax efficient,†suggested that investors are much better off with a well-considered […]
Tax-advantaged investing is very good for most people at most times A previous article, “The Solution – ONLY follow financial strategies that are scientific, passive, diversified, savings focused, risk controlled, low cost, and tax efficient,†suggested that individuals are much better off with a well-considered financial viewpoint. A stable set of financial beliefs can help […]
Never invest solely because of superior past mutual fund or ETF performance Superior past fund performance does NOT predict superior future performance. Summary: A previous article, “The Solution – ONLY follow financial strategies that are scientific, passive, diversified, savings focused, risk controlled, low cost, and tax efficient,†suggested that individuals are much better off with […]
Searching for superior investment fund managers is a waste of your money and time A previous article, “The Solution – ONLY follow financial strategies that are scientific, passive, diversified, savings focused, risk controlled, low cost, and tax efficient,†suggested that individuals are much better off with a well-considered financial viewpoint. A stable set of financial […]
Comparing the Quicken and VeriPlan Lifetime Financial Planners The Quicken personal finances organizer application includes the Quicken Retirement Planner, which projects the personal finances of a person or family across a lifetime. VeriPlan is a comprehensive and fully automated personal financial lifecycle planner for individuals and their families. Discover Family Financial Planning Software In this […]
Passive index investment strategies are superior, because they narrow the range of outcomes and lower your investment risk A previous article, “The Solution – ONLY follow financial strategies that are scientific, passive, diversified, savings focused, risk controlled, low cost, and tax efficient,†suggested that individuals are much better off with a well-considered financial viewpoint. A […]
Spending your valuable time on the wrong financial activities is just plain bad for you A previous article, “The Solution – ONLY follow financial strategies that are scientific, passive, diversified, savings focused, risk controlled, low cost, and tax efficient,†suggested that individuals are much better off with a well-considered financial viewpoint. This follow-up article discusses […]
VeriPlan allows you to analyze multiple personal financial decisions simultaneously Personal financial and investment decisions are complex, because so many different factors are in play simultaneously. When an integrated financial software application like VeriPlan is developed by people who understand scientific financial projection methods, all these different factors can be measured and automated on a […]
Factors that tend to favor Roth tax-advantaged plan contributions – Part 2 (Continued from Part 1…) Financial Planning Software for Home Use 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 […]
Factors that tend to favor Roth IRA and Roth 401k tax-advantaged plan contributions 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 tax-advantaged Roth IRA and Roth 401(k) retirement plans. This follow-up article in […]
As a financial decision tool, VeriPlan becomes increasingly valuable with the passage of time Summary: While VeriPlan is an genuine bargain because of its low cost, it is an even greater bargain, when you consider that VeriPlan has no built-in obsolescence and that it can be used productively for years. We have engineered VeriPlan, so […]
VeriPlan helps you make more optimal decisions about the tradeoffs between investment risk, investment return, and personal savings Too often decisions about risk-adjusted investing and asset allocation are over-simplified with a few questions about your risk tolerance. Typically, this superficial process will be followed quickly by the offer of a canned, off-the-shelf asset allocation scheme […]
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. Financial Planning Software […]
Own Investment Mutual Funds and ETFs – Not Individual Securities Owning individual stock and bond securities is just a big waste of your valuable time and money Individual investors tend to be terrible investment portfolio managers. Almost everyone can hire an index fund manager to do a much better job for far less time, money, […]
Traditional IRA and 401k versus Roth IRA and Roth 401(k) plan contributions Many taxpayers puzzle over whether to contribute to traditional versus Roth tax-advantaged retirement plans. For most people, contributions to traditional tax-advantaged plans will probably provide a higher net present value over their lifetimes. Personal Financial Planning Software Given our tax-related software modeling capabilities, […]