Thursday, December 29, 2011

Retire Logix - Interactive Retirement Planning App for iPhone



At the beginning of 2011, Finance Logix has introduced an interactive retirement planning application for iPhone called Retire Logix. The app has been designed with touch screen navigation in mind offering a forecast of an individual’s retirement situation through innovative sliders and charts.

Users of Retire Logix can easily change assumptions, including annual retirement spending, retirement age, social security contributions, asset values, inflation and other inputs via the “Money Capsule” visual display and “Retirement Timeline” charts.

These create a simple retirement projection displayed dynamically.

 “As individual investors increasingly are using mobile devices and touch-screen technology for their everyday interactions, creating native financial planning applications for the iPhone will help them simply and easily plan for their financial futures,” said Oleg Tishkevich, CEO and founder of Finance Logix. “As a nation, we are not prepared for retirement,” Tishkevich added.

“To help solve this major issue, we believe that mobile technology can help communicate in a simple way how financial planning concepts can help people prepare for retirement and encourage them to work with financial planning professionals to take ownership of their financial future,” the CEO noted.

Available as a free download from the iTunes App Store, Retire Logix is free to use for current Finance Logix financial advisor clients at http://itunes.apple.com/us/app/retire-logix/id423876928?mt=8.

The app requires iOS 4.2 or later, and works with iPhone, iPod touch and iPad.

Image and video hosting by TinyPic 

Image and video hosting by TinyPic

Finance Logix said that institutions and advisors working side by side with the company would be able to make the application available to their individual clients. Any data that the investor inputs into the application can be uploaded into the Finance Logix client portal.

Finance Logix strongly believes that the ability to empower clients with innovative financial planning tools will help advisors better manage their relationships.

Money Magazine has named Retire Logix to its “100 Best Money Moves”. Thousands of financial ideas are reviewed by the editors at Money Magazine every year and narrowed to the 100 Best Money Moves, an annual guide to “...the best and timeliest investments, deals, products and strategies that will help individuals make smarter financial decisions.” Retire Logix, the only financial planning application named to the 100 Best Money Moves list, has been specifically designed for the intuitive touch screen navigation of the iPhone.


About Finance Logix

Finance Logix is an innovative technology firm that provides customized end-to-end financial planning and client management solutions for leading financial services institutions and independent advisors.  Since 1998, Finance Logix has created financial planning technology with the vision that users would be able to easily identify client requirements and needs, quantify future goals, and return the most highly customizable, realistic, and achievable plan of action.  Finance Logix is the result of extensive research and insights into what the financial services industry requires to market and deliver consistent, accurate, personalized financial advice.

Finance Logix products are developed using a customer centric architecture that emphasizes client acquisition and retention. The Finance Logix suite of products is designed to provide the appropriate financial modeling sophistication and complexity in a client facing, intuitive platform. Finance Logix product line includes a retirement and in-retirement module as well as an asset allocation module.

Single User License Cost Monthly: US$ 95.00



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