PlanMode Financial Planning
You can use it for a quick analysis of an investment, saving or other option; or build a complete financial profile and use that base to analyze short and long-term options as you come across them. The preparation and review of a financial profile by itself can provide invaluable insights of the future.
KEY FEATURESThis finance planner can-
• Prepare complete financial profiles, including
-
- Current & projected income and expenses
- 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 capital gap
REPORTS & CHARTSA complete set of financial statements is available for each scenario. PlanMode provides you with comprehensive analysis of retirement and other 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 profile scenario-
• Income Statement
• Balance Sheet
• Cashflow Statement
• Supporting Information
• Capital Needs Analysis
• 8 pie charts providing profile snapshots in any year
• 8 line graphs providing overall snapshot of the profileAll charts and graphs dynamically respond to your data.
COMPREHENSIVEPlanMode includes many features that are normally available in high-end financial planning systems, such as-
• Profiles for singles and married spouses
• Planning span of up to 100 years
• Retirement 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
• Includes 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
SECUREApp works 100% within the device; Data stays with you. No ads.
WORLDWIDE INCOME TAXESUSAUS individual income tax computations are built-in and applied as applicable. State and local taxes can also be defined via built-in templates. NON-USANon-USA individuals can turn USA option off and activate a generalized version that allows you to define how income tax should be computed for national & local levels.
ABOUT US Sawhney has been developing & supporting professional financial systems for over 3 decades. Our application, ExecPlan was the first commercially available such software in USA in 1976. We have been listening to our users ever since to help us provide you with enhanced apps.
Category : Finance
Reviews (20)
ok If you manually edit app permissions you can allow this app access to storage.
Quite comprehensive in its coverage yet simple to use
My appreciation comes from a course l took in financial planning last year. We had to use 3 different programs and Excel spreadsheets to create financial profiles and analyze them from different angles. Very laborious and time consuming. I wish I had known of this app then. It seems to do all that in a single integrated app. It provides a wholesome platform for all necessary input along with calculations needed to provide results in a variety of formats. All functions are done well. An excellent planner.
There is a lot packed in this app. It has plenty of input options in all categories of personal finances. The data values you enter are all annual numbers. Its dynamic projection of net worth employs cash management which can arguably reflect more realistic values for future years. It produces essential reports that are nicely formatted and easy to follow. Though, I found its charts and graphs to be easier than scrolling through report columns. This is a great financial planning app for serious planners.
This well made app can help lift the fog of future money situation in long term. It can expose potential financial problems so you can better prepare your finances now. It should be used by everyone at least once a year. It doesn't cost anything except some time but its revelations could be priceless. The app is quite comprehensive and easy to use once you get the hang of it.
5 stars.
I give it only 5 stars because it cannot be moved to the SD card. My Rom is full, therefore cannot keep it, otherwise I could have used it.
I am very impressed with this financial planning app by Sawhney Systems. They have delivered a high quality tool in a mobile format that is a worthy complement to their other offerings. I would encourage users who prepare plans regularly to use the premium version. It provides valuable flexibility and customization.
I am a numbers guy and this thing has numbers that are easy to follow. Yet answers almost anything I am looking for near or far term planning. Very well constructed.
Limited to 22 data inputs only if you do not want to pay on a daily($0.99), weekly, monthly, or annual ($43) basis. This is a recurring subscription app not a one-time purchase. It's comprehensive for a price.
Financial planning means different to most of us. I was looking for help in determining a realistic amount for a life insurance policy and came accross this app. It helped me prepare my financial profile where i could play what-ifs to get my answers. I would suggest anyone in such a situation to spend a few minutes with this app before talking to an insurance agent.
This is an excellent app for retirement planning. Play with it a bit before putting serious values. You can prepare a 10 year or even lifetime profile to know real needs for retirement and see how well you are or will be financial prepared. It is packed with features. The more you are serious about such planning the better it can produce needed analysis.
I was looking for help in determining my life insurance needs before meeting my agent and ran into this app. I got my answers and much much more in a few minutes. Good program.
Caution, try it when you are not in hurry. It takes a while to get into the mindset to do real planning with it.
I was looking to do a quick life insurance need to compare to what my financial advisor recommended. There are alot of options for retirement, life insurance and personal budgeting, and as i said, i was doing a life insurance calculation, so i will let others comment on the rest, but it did about the same as my advisor
It was easy to get started with and offers many ways to project items in future. Common data entry like income & expenses is straight forward and there are lots of specific formats like mortgage, retirement plans, life insurance, annuities etc. If you want to do what-if you would love it. Reports and graphs it produced are meaningful and nice looking. Overall, a well thought of app.
A lot better than the financial planning software that you get for free at some investors site or mutual fund site and here I don't have to give my information away or expect to get some sales call. Top notch planning platform.
Simple to put a few piece of data and see how well the future years look. Good design that works well on this tablet. It has much more that I have not yet tried. Very helpful.
I see the benefits of the app as an investor who wants to manage their financial goals.
Great crystal ball! Provides an organized way to prepare financial profile and project it over the years. It can serve well in deciding the need and amount of insurance. It is an excellent app for retirement planning. It has many features that let you dig deeper in projecting your financial future.