In the real world all these factors will change each year. Recently, some financial advisors have begun using so-called Monte Carlo simulations, which Money Tree has just added to its Money Tree suite of programs. The technology uses random rates of return and inflation factors to develop large numbers of potential futures. I've just started using Monte Carlo in these engagements. I'm very hopeful it will help me do an even better job of illustrating the range of possible realistic futures,' says Joyce Rolfes of Five Peaks Financial Consulting in Phoenix, who uses Money Tree Software.
Users welcome having a nice-looking report that covers the subject in appropriate depth.
Money Tree Suite produces the highest quality reports in this review -detailed, accurate and ultra flexible. In addition to full IRS tax rate calculations with indexed rate tables, phaseouts, capital gains treatments, it has a unique 'audit trail' feature. If you just want a quick and dirty approach to financial and retirement planning, Silver Retirement Planner gives you a glimpse of how your clients current retirement plans will eventually stack up. The data entry screen offers well thought out tabs that allow easy navigation through the program . The reports are those that your most technical clients would appreciate .