MoneyGuidePro - Financial Planning Software

SMART Defaults

Until now, Financial Planning software (including ours) has been powerful, but dumb. You have to tell it everything it needs to do. MoneyGuidePro changes that. It is the world's first Financial Planning Smartware. And Smart is the future of Financial Planning.

It starts with Smart defaults. Wherever possible, MGP calculates a default value that makes good sense and constitutes good planning. Here are a few examples, just within the Retirement Goal.

Automatic determination of Planning Ages at the 30% probability level
Automatic calculation of the amount of cash needed to maintain the Clients' current lifestyle
> The Living Expense Ideal Amount is defaulted to 100% of the current lifestyle
> The Living Expense Acceptable Amount is defaulted to 80% of the current lifestyle
Automatic calculation of expense amount for the One Retired Period
Automatic calculation of the expense amount of the One Alone Period

And there are many more. Smart defaults save you time and make your job easier

SMART Client Preferences

What does your Client really want? What would make him thrilled? What's the least he needs to be satisfied?

Read what Andy Gluck says about Client Preferences.

"MoneyGuidePro has come up with a way to reflect a person's feelings about the most critical decision on which a financial plan rests. It has invented a more humane way of planning, a plan that reflects subtle preferences. More

Creating plans that better reflect our (human) sentiment is probably the most important new development in the evolution of the financial planning process since Monet Carlo was first used in the mid-1990's to illustrate the risks involved in planning. It reflects the complexity involved in making long-term financial decisions, but makes planning easier. It uses calculations to reflect the trade-offs in planning decisions and the imprecise nature of people. It's a step forward not just for MoneyGuidePro, but for the entire profession."

Click here to read the whole article. Note: Andy's article on MGP, "The Reflecting Pool," is located at the bottom of the page.

Andy Gluck
Financial Advisor Magazine
September, 2008

With MGP's new Smart preferences you learn more about your Client than ever before, and then SuperSolve uses that information to automatically generate a set of recommended changes that are highly likely to be satisfactory to you and your Client.

Client Preferences include:

Ideal and Acceptable Retirement Ages
Willingness to delay retirement
Preferred order of retirement
Ideal and Acceptable amounts for every Lifestyle Goal
Willingness to reduce Goal amounts for Needs, Wants, and Wishes
Acceptable Savings Amount
Willingness to save more
Importance rating for each Goal
Grouping of Goals by Needs, Wants, and Wishes

This expanded information allows SuperSolve to help you create a much smarter plan recommendation -- faster and easier than ever.

Goal Wizard

You can't beat a Wizard when it comes to Smart.

The Goal Wizard will take you, or your client, through the Goal building process in a series of simple, understandable steps. The Wizard explains each step, and helps make sure you end up with a set of Goals that best represents the "picture" of your client's Ideal retirement.

To learn more, go to 16 Key Features section and click the Goal Wizard tab.

SMARTCalc™

When you create alternative Scenarios in the What If, SmartCalc automatically presents results using these three calculation methods:

Average Return
Bad Timing
Monte Carlo

You click one button, and you get three results all in one column for each Scenario, with up to 4 Scenarios on one page. That's Smart. And Easy. And Fast.

To learn more, go to 16 Key Features section and click the What If Worksheet tab.

SMARTCalc Results in What If

SuperSolve™

The SuperSolve button is like magic. It's the "Easy Button" for advisors. It's even smarter than a Wizard! (Complaints from the Wizard's Guild can be sent to our attorneys)

It's that easy. To learn more, go to 16 Key Features section and click the SuperSolve tab.

SMART Presentation

After you've crafted a recommended plan for your clients, you have one critical task left - explaining it in a way clients can understand and act upon. The greatest impediment to action is confusion, and unfortunately, many financial plans create just that.

The MGP Presentation module, however, is smart enough to make it easy to explain the complex elements of a financial plan, including:

Why there isn't a simple yes or no answer
How all factors in a plan work together
Why timing of returns really matters
How Monte Carlo works
What action they need to take to reach their Goals

The Smart Presentation makes you look smart, too. When clients get it, you look good.

To learn more, go to 16 Key Features section and click the Smart Presentation tab.