Richard Parker's Simple LifePlan™ Overview workbook is a series of Microsoft Excel worksheets designed to assist Financial Professionals (FPs) in quickly compiling an informative illustration of a client's retirement income needs. The seven pages in the workbook allow the FP to design a course of action tailored to meet the needs of their individual clients.

Only Five Things

At the most basic level, there are only four planning alternatives that a FP can work with to help make their clients' retirement money last the rest of their lives. This creates five courses of action that the FP can recommend:

1. increase amount saved,
2. increase the length of time an investment is held,
3. increase the rate of return on investment,
4. decrease the amount of money spent per month in retirement, or
5. a combination of the above four.

The Simple LifePlan™ provides a work area where the FP can experiment with different factors and view the impact of each on the client's retirement income projections.

The Simple LifePlan™ Workbook

The workbook is divided into seven worksheets. The first worksheet requires input of the clients' names and current ages, and allows the FP to customize the illustration with his or her name. This information inserts in the other worksheets and creates a personalized presentation.

The second worksheet requires input of the clients' current financial information. The third worksheet provides the work area (cells in red) where the FP to experiment with four planning alternatives (monthly saving, length of time, rate of return, and amount of investment) and project the effects of each.

Worksheets 4-7 provide areas to calculate the future value of various investments and accounts. Worksheet four allows the FP to project the Future Value of an investment at any compounded rate of return for any length of time and with any systematic monthly additions or withdrawals. There are two worksheets which provide the FP a calculator to project Future Values of Company sponsored retirement plans, with separate worksheets for Client A and Client B. Finally, worksheet seven allows the FP to illustrate a disciplined approached to saving money for future needs.

Money Back Guarantee

As with all of our sales tools, we offer an unconditional money back guarantee. If you try the Simple LifePlan™ Software do not find it a simple tool to efficiently evaluate your clients' retirement needs, simply return the disk. We will gladly give a 100% refund of your purchase price, no questions asked.

Keep it Simple

The primary goal of Richard Parker's Simple LifePlan™ workbook is to provide FPs with a simple and time-effective tool to project a client's retirement income needs. Within a matter on minutes, you can create a customized plan that shows the clients' current savings trajectory and a recommended course of action to improve their financial situation in retirement. Make the investment in this simple, powerful tool!