Below is a list of features for both versions. Both products are Microsoft Excel-based, and can be installed on any Windows 95, Windows 98, or Windows NT machine which has Excel 7 or higher. Provides inputs for one wage earner. For each portfolio category, one can specify equity and fixed income components, and enter returns, volatilities, and correlations. Personal savings portfolio also includes tax-exempt fixed income account.
User chooses whether excess income flows to savings or spending.
Excess income flows to savings. Only automates the portfolio composition sensitivity test, with less detailed inputs. Provides worksheets for calculating portfolio returns and volatilities based on the input of returns, volatilities and correlations for the components. Provides input schedules for federal tax exemptions and deductions. Allows for a separate inflation rate for Social Security Income.