How Financial Planners Use Our Calculators

Financial planners are constantly being called upon to to do financial calculations and analysis. They need to do financial goal planning, review investments and calculate rates of return and possibly create a strategy for getting a client out of debt. SolveIT! has been helping financial planners with these tasks for over twenty years. Since the recent release of v6.0, SolveIT! now has over 40 calculators. The calculators are designed to do everything from the very simple, such as calculate a loan payment amount to prepare sophisticated cash flow schedules with changing amounts, rates and dates. Since SolveIT! includes C-Value!, you can even use it to audit any cash flow if necessary.

What SolveIT! Calculators Do Financial Planners Find Useful?

Where SolveIT! shines is in its analytical abilities. Let us just point out some of the calculators that financial planners typically find useful:

• C-Value, The Cash Value Calculator: Create schedules with cash flows on any date. Create custom, personalized, future value schedules for clients with irregular cash flows.
• Goal Planning Adviser: Financial planning is all about achieving financial goals. Many financial goals don't require a single future amount but rather they call for a future cash flow. (Two obvious goals are retirement or a child's future education.) The question is, how is that cash flow goal achieved? Use the goal planner and solve for any unknown.
• Loan Matrix Calculator: Prepare a matrix for clients as a handy reference to show them how much their payments will change as they consider differently priced properties.
• Lease vs. Buy Calculator: Is it more beneficial to lease or to purchase? This calculator makes a thorough analysis including taking into account the impact of property and income taxes.
• Debt Reduction Adviser: This calculator creates plans to reduce or eliminate personal or corporate debt. The calculator analyzes an unlimited number of debts and suggest various scenarios for reducing them using one of four debt reduction methods. It's not just as simple as paying off the highest interest rate debt first or the largest amount.
• Refinance Adviser: Answers the question is it beneficial to refinance a loan?
• Rental Property Cash Flow Analysis: Do you have clients that purchase rental property? If so, you can prepare for them a rental income cash flow analysis. Use this to see if a prospective property will be profitable. Takes into account various occupancy rates, user determined inflation rate, taxes, and many more variables.

We understand that you might be thinking that you would not normally do some of these calculations for a client. However, financial planners are not only in an investment business, they are also in a service business. And when you have a tool with the capability of SolveIT! it is very easy to do these calculations. And by assisting your client with these, you'll quickly provide a service that they'll appreciate.

Naturally click on the above links for additional details and screen shots, and remember, the above are only a few of the more than 40 calculators that are included in SolveIT!. And while it is true that a number of the calculators may not be thought of as traditional real estate broker tools, it is also true that in today's market, the agent that gets the sale is the one that is able and willing to go the extra distance on behalf of the client.

You can download a free, fully functioning 21-day trial version of SolveIT! or anyone of our other programs. We do not even require any personal information from you — not even your email address — for you to take advantage of our evaluation offer. You will not be called, You will not be emailed. We won't even know who you are — that is until you place your order.