Patent ID: 7634436

Claim:
A computer system configured to generate at least one proposed retirement savings plan contribution schedule for a retirement savings plan on behalf of a user and, upon receiving authorization from the user, to trigger automated increasing contribution payments to the retirement savings plan on behalf of the user, based at least in part on the authorized retirement savings plan contribution schedule, the system comprising: at least one repository of data about a retirement savings contribution matching program available to the user, wherein the data includes an indication of a limit to contribution matching available to the user; an input/output interface configured to receive input from a user desiring a retirement savings plan contribution schedule, the input comprising information about the user's salary, the user's expected rate of salary raise, a first desired standard-of-living increase for a first period of time until the user's savings plan contribution reaches the limit to the contribution matching available to the user, a second desired standard-of-living increase for a second period of time after the user's savings plan contribution reaches the limit to the contribution matching available to the user, and the input/output interface further configured to present information to the user; at least one look-up module configured to access reference data for generating a retirement savings plan contribution schedule, the reference data comprising economic information indicative of an expected rate of inflation; a calculation engine configured to receive the user's expected raise information and the expected inflation rate information and to calculate an expected real raise amount for the user and to use the expected real raise amount and the information about the user's first and second desired standard-of-living increases to generate a retirement savings plan contribution schedule to maintain the first desired standard-of-living increase for the first period of time and to maintain the second desired standard-of-living increase for the second period of time for presentation to the user via the input/output interface, the input/output interface further configured to receive an authorization from the user for the proposed retirement savings plan contribution schedule; a repository of client records configured to record the authorization in association with the user and the retirement savings contribution schedule, the repository comprising at least one computer hardware device; and a contribution management application configured to receive information about the authorized retirement savings plan contribution schedule and to trigger automatically increasing contribution payments to a retirement savings plan in accordance with the authorized retirement savings plan contribution schedule.