Patent ID: 7698190
Filing Date: 2010-04-13
Classification: G06Q

Abstract:
1. A method of creating plans of financial actions on a computer system which includes an electronic control unit, input and output interface devices, computer accessible memory, internet communication device, communications hardware for accessing the internet and internet databases, and computer executable software including an operating system, an internet search engine, calculating and organizing programming, and artificial intelligence with rules and inference engine and a knowledge database, said method comprising: inputting to said electronic control unit, via said input device, facts regarding geographic location, stage of life, lifestyle, anticipated life-changing events, risk tolerance, financial circumstances and financial goals; storing said input facts in said computer accessible memory; causing said operating system and artificial intelligence to respond to said input facts by (i) searching said computer accessible memory and said internet databases for information and data related to persons with similar geographic location, stage of life, lifestyle, life-changing events, risk tolerance, financial circumstances and financial goals, (ii) retrieving from said internet databases information and data similar to said input facts, and (iii) calculating and inferring from said input facts and said information and data a plan of financial actions consistent with said input facts and said information and data; storing said information and data retrieved from said internet databases and said plan of financial actions in said computer accessible memory; inputting to said electronic control unit, via said input device, at least one action chosen from said plan of financial actions; storing said at least one action chosen from said plan of financial actions in said computer accessible memory; calculating the probability that said at least one action chosen from said plan of financial actions can be achieved consistent with the risk tolerance, anticipated life-changing events, lifestyle, financial circumstances and financial goals contained in said computer accessible memory by executing the steps of: applying said organizing programming to said information and data stored in said computer accessible memory to display on said output device said plan of financial actions together with said acceptable percentage chance that the financial outcome of implementing said at least one action chosen from said plan of financial actions will fall between said estimated probable low and high financial outcomes.