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PlanMode: Retirement Planner

PlanMode: Retirement Planner at Mac App Store analyse

Sawhney Systems
5,440 ratings · Power index: 120
Version 8.2
Size 35.83 Mb
Updated 3 days ago
Released 07 Jul 2015

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Description

COMPREHENSIVE FINANCIAL & RETIREMENT PLANNING Stop wondering if you will have enough to retire. PlanMode is the comprehensive financial planning app designed to take the guesswork out of your future. By projecting your current financial profile, PlanMode analyzes whether you will have sufficient resources for your entire lifetime. KEY FEATURES • Lifetime Projections: Visualize your wealth trajectory from today until age 95+. • Gap Analysis: Instantly identify potential shortfalls in your retirement savings. • Scenario Testing: What if you retire at 62 vs 67? See the impact in seconds. • All-in-One Dashboard: Integrates your budget, investments, and savings in one display. Don't just save—plan with confidence. Start with PlanMode today. COMPREHENSIVE SYSTEM PlanMode is a comprehensive financial & retirement planning system for analysis needed to answer questions like- • How does my projected financial profile look? • Should I start taking Social Security benefits at age 66 or wait for larger payments at age 70? • When will I have enough capital to retire on my terms? • What will be the bottom-line impact of a new investment? • Is buying a house is better for me than continuing to rent? • Is my family protected for their needs if I am disabled or die? PlanMode can help you analyze these and other situations. It is easy to use and its usage is limitless; you could use it to analyze almost any financial scenario which impacts just in the current year or many years to come. KEY FEATURES • Complete financial profiles, including- - Bank accounts - Retirement accounts - Business & Investments - Stocks & Bonds - Insurance policies - Real estate - Mortgages & loans - Cash management simulation - Social security - Income taxes • Compare financial alternatives - Unlimited what-if scenarios • Prepare retirement profile automatically - Determine lifelong capital needs - Analyze liquid capital sufficiency - Alternatives to fill capital shortfall • Prepare disability profiles automatically - Analyze cash flow sufficiency - Alternatives to fill cash shortfall • Prepare death profiles automatically - Determine survivor’s capital needs - Analyze income sufficiency - Alternatives to fill cash shortfall REPORTS & CHARTS PlanMode has a complete set of financial & retirement planning statements. PlanMode provides you with comprehensive analysis of retirement and other financial scenarios for lifetime capital needs and the capital available for its fulfillment. When capital resources are not sufficient PlanMode provides suggestive courses of action that may fill the shortcoming. The following reports are available for each scenario- • Financial Planning illustration • Retirement Planning illustration • Income Statement • Balance Sheet • Cashflow Statement • Supporting Information • Capital Needs Analysis • Pie charts for annual snapshots • Line charts projecting full profile COMPREHENSIVE PLANNING APP Additional financial & retirement planning features include - • Profiles for singles and married spouses • Planning span of up to 100 years • Retirement planning profile and analysis • Disability profile and analysis • Survivor’s profile and analysis • Automatic cash management simulation • Detailed annual cash flow analysis • Personalized data input items • Customizable financial statements • Ample graphs & charts for quick overview • Scenario comparison for what-if analysis • Export data to ExecPlan or Express • Definable national & local income taxes • Built-in USA income taxes • Predefined product structures for- • Individual Retirement Accounts • Company Retirement Plans (401k) • Self-employed Retirement Plans • Mortgages • Life Insurance • Fixed & Variable Annuities • Charitable Annuities • Reverse Mortgages ABOUT US Sawhney has been providing professional financial systems for over four decades. Our application, ExecPlan was the first commercially available such software in USA in 1976. 

Estimates

Monthly Downloads > 2.64k
Est. Revenue ~ $1.08k

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Devices

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Pricing by country

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Canada free
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Portugal free
Spain free
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India free
Japan free
Korea, Republic Of free
Poland free
Russia free
Turkey free
USA free
Korea, Republic Of free
Ukraine free

Version History

Latest: 8.2

This version includes the new Custom Planning Tools along with the following modifications – 1. Custom Planning Tools (new) – a collection of planning utilities for some of our most-requested planning abilities. These efficient tools provide stand-alone as well as fully-integrated what-if analysis and automated result comparison for several scenarios including: a. IRA Roth conversion analysis b. Maximizing Social Security benefit c. Analyzing your choices of the age to retire d. Comparing long term impact of a lumpsum payment versus an annuity e. Comparing a taxable investment with a tax-free investment f. Will owning a home works better then renting one 2. Expanded retirement planning, including: a. Choice of entering a traditional IRA or Roth IRA (new) b. Option to automatically compute future IRA withdrawals as a percentage of living expenses (new) c. Auto compute Required Minimum Distribution – RMA (new) 3. USA income tax update. Implemented One Big Beautiful Bill (OBBB) provisions and other tax modifications – a. Seniors’ add-on deduction and limitations (new) b. State And Local Tax (SALT) deduction and limitations (new) c. Medicare Premium auto computation with Roth income exclusion (new) 4. Report displays enhancement (new): Projected financial reports can now be seamlessly scrolled across the entire planning horizon 5. Quick help icons added to select menu and input items (new) 6. Several minor enhancements
v7.2 3 days ago

Brilliant!

Jlong2301 · 10 years ago · v1.10

Quite comprehensive yet simple to use

Agree

Loper85 · 10 years ago · v1.10

This is what Ive been looking for and Ive tried several. Great job.

Excellent

Poidude7 · 10 years ago

PlanMode delivers a solid financial planning tool. It looked simplistic initially but as I started to enter information and so how comprehensively it incorporated my data in the long term profile I got deeper into it. The more I used it the more motivated I got in exploring further with details. It has some of the simplest and most simplest and most meaningful presentations I have seen in a financial planning app. A number of built in capabilities like automatic cash management seem to provide more realistic feel for the projected values for future years. It has all essential reports that are self formatting based on data entered. capital needs analysis reports are simple and can also be very revealing. Stick with it, its a valuable app and done very well.

Excellent planner

Jr.Harrison15 · 10 years ago

It is comprehensive and covers a wide variety of financial items. I was surprised to find many advanced assets like 401k plans, variable annuities, reverse mortgages etc. in addition to the common income, expense and portfolio items in a mobile app. Overall design is quite simple to get started and navigation between data and reports gets easier as you get the hang of it. Planmode uses dynamic cash management in projecting future years. It took me some time to grasp the concept and realize its usefulness in adding realism to projected years. A full-screen review of the cashflow statement helped in reviewing how cash was invested in years of surplus cash and liquidated in later years when there is not enough income to meet the expenses. Income tax computations are automatic which it allows you to tweak further. The app provides decent basic needs analysis for retirement, death and disability scenarios. It is a type of app that gets better with your use. I am a numbers person and it serves me very well. If you are serious about long term financial planning this app is definitely worth exploring. This is the best app I have found so far.

Very helpful

Avrahamz7 · 10 years ago

I got this app for reviewing my need for life insurance. It was fairly easy to analyze and quantify it under different circumstances and expand into money matters. If you need to figure out money profile in 5,10,15 years or more then this app is for you. Great free app.

Very useful

Anonymous used · 10 years ago

Great for planning for future. Excellent app. Simple to use.

Outstanding

JPSmith21 · 10 years ago

I am getting used to this wonderful financial planner. This is simple and powerful app for planning at the macro level with annual values for income, expense and net worth items. Once you have the data entered it is easy to analyze what-ifs related to cash flow , retirement and life insurance. I am getting used this wonderful financial planner. This is simple and powerful app for planning at the macro level with annual values for income, expense and net worth items. Once you have the data entered it is easy to analyze what-ifs related to cash flow, retirement and life insurance. Great app!