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Personal Finance Forecast
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Version
1.23
The Personal Finance Forecast program allows
financial analysis in the privacy of your own home.
The package is driven by a financial math model that
forecasts annual cash flow and net worth. It can be
used for all age groups and should appeal to both
professional and non-professional planners. The
program can help the user answer questions such as:
1-When should I retire?
2-Should I buy a home?
3-How often should I replace my cars?
4-Can I afford to pay for college?
5-Where am I spending my money?
6-What changes should I make to retire early?
7-Can I afford to give a major gift to my children?
8-Will I run out of money? When?
The user will be asked to enter a snap shot of their
current financial situation and their future plans.
The program uses this data to forecast expenses,
income and net worth as a function of user age.
Estimates include the effects of inflation, home
purchases, salary growth, pensions, social security,
investment growth, automobile purchases, educational
expenses, income taxes and tax deferred distributions
just to mention a few.
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