Our mission is to help educate investors interested in tax-efficient investing and financial planning. Unfortunately, the complexity of producing tax-efficient retirement income makes this optimal decision-making process challenging. So, we provide online access to the algorithms from our award-winning published research. In this post, we are proud to announce a multiple profiles feature. This new feature can help individual retirees standardize and expedite tax-efficient retirement income plans. Additionally, financial planners may benefit from this time-saving feature too.
How to Enable Multiple Profiles
Our user community has sent us significant feedback about data input. Specifically, we should provide a streamlined approach in our interactive calculators: The Retirement Income Calculator and; the Pre-Retirement Savings Forecast. So, after a significant development effort, all registered users can now save multiple profiles to the Retirement Income Calculator. Please note: Free registration for these calculators is separate from the email list we use for distributing our monthly newsletter.
So, once registered, here is how you can enable these additional profiles. First, click on the green button labeled “Enable Client Feature” found in your profile at https://apps.etfmathguy.com/profile.
Once you click this button, you will see “Clients” listed as a link in the menu bar at the top of the page.
Next, clicking “Clients” in the menubar will lead users to a page where they may manage unique profiles. The example image below shows how we set up two different user profiles that are similar to hypothetical examples from our award-winning paper.
Why use this new feature?
Retaining multiple profiles for a retiree (and their spouse or domestic partner) saves significant time each year when planning for tax-efficient retirement income. Additionally, retirement income plans often consider alternative plans, based on different economic, income, and time horizon assumptions. Lastly, financial planners and retirees may simply want to save their planning assumptions for later use. With this new and free feature of multiple profiles, all users of our retirement income calculator now have these benefits available for up to two profiles. To support our professional financial advisor community and their clients, our next upgrade will include support for even more profiles.
Do you have suggestions for other features? If so, please Contact Us with your suggestions or to provide general feedback.
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