Patent ID: 8069103

Claim:
A method of calculating future or present amounts of an amount value for financial planning with pre-programmed input switches for a computer, comprising the steps of: providing a pre-programmed calculator for the computer, the computer having a display screen with a series of pre-programmed input switches; first entering a plurality of first year annual amount values from multiple sources, with a first input switch on the display screen, the multiple sources selected from the group consisting of: annual expenses, annual investment amount, annual college cost, annual social security benefit, annual income from part-time work, annual pension amount, annual health care costs, annual mortgage expense, annual rental income and annual maintenance costs; second entering a percent of increase per year of the annual amount values with a second input switch on the display screen, each of the multiple sources requires their own selected percent increase per year for each annual amount value, the increase per year being selected from the group that includes: annual rate of increase in investment amounts, increase in annual spending, increase in cost of college, increase in health care costs and expenses, increase in pension, increase in social security, and different rates of inflation for different expenses; third entering the selected number of years for the annual amount value with a third input switch on the display screen, for each one of the annual amount values, the selected number of years being selected from a group that includes: years of investment, years of annual spending, years of college, years of health care costs and expenses, years of pension, and years of social security; fourth entering the rate of return for each one of the annual amount values with a fourth input switch on the display screen; and calculating another amount value, the another amount value being a present amount of the amount value or a future amount of the amount value, the present amount being amounts that would need to be invested to generate a selected stream of income based on the values entered with the first input switch, the second input switch, the third input switch and the fourth input switch, the calculating being done with a fifth input switch on the display screen, wherein the method is used for calculating financial planning results by entering data with the first, the second, the third, the fourth and the fifth input switches of the programmed calculator, so that the method steps are used with the display of the computer without additional resources to provide financial planning data for a user over multiple years, and allowing for adjustments for different inflation rates for different expenses.