Forecaster4

The Internet is filled with all sort of nice applications and programs that you could use in order to manage information. One of such applications is Forecaster4.
It assists you to organize and manage your retirement and estate planning. It sports an intuitive graphical interface with many tools and features that you can check out.

Clean and intuitive graphical interface

The application doesn't take long to install and it doesn't come with a complicated setup that you would need to complete before you can actually use it. It sports a really intuitive and clean graphical interface with many tools at hand.
It allows you to organize and manage your retirement and estate planning. It comes with the option to create multiple users and plans for them so they can pick the one that they like the most.

Create retirement plans

By varying assumptions of parameters such as tax rates, inflation rates, rates of return, and legal arrangements such as trusts, you can use the Forecaster4 program to zero in on the strategies to follow for achieving the best outcomes.
Withdrawal decision rules provide parameters for changing the portfolio withdrawal rates that provide your living expense funding during retirement years. The application provides a way to use Monte Carlo simulation to test these rules for finding a strategy to follow for achieving the best results.

More options and tools

It allows "What If" experiments with parameters and actions that can be enabled or disabled with the click of a mouse button. Changes to parameters such as taxes and earnings rates can be tried easily to compare results.
Scenarios with different beneficiaries can be tested for their effect on estate planning. The application creates cash flow projections for your retirement years.
It figures the effects of investment earnings, inflation and taxes to measure the sustainability of the financial assets used to fund your retirement living expenses. All in all, Forecaster4 is a very useful application that you should check out especially if you're planning your retirement.