August News: TOTAL Planning Suite Release, Orlando Training Workshop

Summer Release of TOTAL Planning Suite

A new version of TOTAL Planning Suite has been released! This version includes a new shortage solution in both Easy Money and Golden Years. This shortage solution calculates the required reduction in spending to make up a capital shortage in retirement.

ShortageSolutions

Easy Money now includes
four shortage solutions:

Increase Return
Increase Savings
Delay Retirement
Reduce Spending NEW

This new solution is the first shortage solution included in Golden Years. In addition to the new solution, the Retirement Summary report has been redesigned. This report now displays key retirement assumptions, compares the amount needed for retirement to the amount available, and the new shortage solution if the clients are projected to have a retirement shortfall.

GoldenYearsSolutions

Automatic update notifications for the summer release will be turned on shortly.

You can also update to the latest version (5.0.193) now!

Product News: Silver Online’s New Web Address

Silver Online has a new web address to keep life a little simpler: silveronline.moneytree.com. Just open your browser and type silveronline.moneytree.com into the address bar. If you had the original URL bookmarked or saved to your favorites, the link will automatically redirect to the new web address.

2013 In-Depth Training: Join our Last Workshop of the Season in Orlando, FL

The Orlando, FL in-depth training workshop will be held at the Residence Inn Orlando Convention Center. The workshop date is Friday, October 18th, prior to the FPA Experience 2013 held at the convention center. Register to join our full day, in-depth training workshop on Silver Financial Planner and TOTAL Planning Suite.

Tech Tip: Understanding the Retirement Needs and Capital Analysis in Easy Money

Easy Money’s retirement planning reports reviews your clients’ retirement goals and objectives, assets available for retirement, and estimates how long the clients’ funds may last based on the planning assumptions.

The Retirement Needs Analysis and the Retirement Capital Analysis work together to evaluate the clients’ income needed for retirement and the amount of capital required to cover income shortfalls in retirement compared to the amount of capital the client is projected to have available for retirement.