WealthTrace is one of the most respected retirement planners on the market. Using WealthTrace's financial planning software for individuals you can take control of your retirement and find out how likely you are to have enough money--and what you can do to change your financial situation if necessary.
The power of
financial advisor planning software is now available to you, the consumer for
personal use. It includes the following features:
·
Import and link all your accounts
WealthTrace allows you to aggregate all
of your investment accounts. If you import your accounts the holdings and
balances will update each day, ensuring that your financial plan is always up
to date. If you don't want to link accounts you can manually input investments
and holdings.
WealthTrace is the only planning
software that imports each individual holding in investment accounts and uses
that information for the most accurate projections.
·
Adjust assumptions
Retirement planning requires making some
assumptions for unknowns. This lets you adjust tax rates, inflation, and even
asset allocation in the future. The last one is useful as most people shift to
a safer asset allocation with lower returns as they get older.
·
Projected Performance
WealthTrace looks at the historical
performance of your investments and uses that to predict future performance.
Predictions of future performance are just that “predictions.” WealthTrace
gives you Monte Carlo Simulations where they look at many different things that
could happen in the future and let you know the odds of success.
View the probability of running out of
money in retirement by running Monte Carlo simulations on your financial plan.
Run what-if scenarios on Roth conversions, higher inflation, changing tax
rates, changed asset allocation, and Social Security. Find out how your
portfolio and financial plan hold up under various historical recessions.
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Live Customer Support
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Rental Property Analysis
You can model rental income and the sale
of real estate. I’m specifically looking into this scenario with one of our
properties right now. It’s a pain to calculate manually. I’ve set up a
spreadsheet to do most of the number crunching. However, many people would like
software that just does it for you.
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Have a WealthTrace expert guide you
through your plan online.
https://www.mywealthtrace.com/
