Patent ID: 7865419

Claim:
A system for generating a score representing a metric of an entity's financial status relative to a financial goal, the system comprising: (a) an input device for inputting entity data, wherein said entity data comprises: i) a value of the entity's actual capital; ii) a value of the entity's actual savings; iii) a future date; and iv) a desired income of the entity on the future date; (b) a memory for storing said entity data; (c) instructions stored in said memory; (d) an output device; and (e) a processor for converting said entity data into a metric of the entity's financial status relative to the financial goal based on the instructions, wherein the instructions are operable on the processor to cause the system to: i) calculate a capital ratio being the present value of actual capital divided by the present value of a required capital; ii) calculate a savings ratio being actual annual savings divided by a required annual savings; iii) calculate a score being the sum of the capital ratio and the savings ratio; and iv) output the score sum from the output device; wherein the score is a single number that represents the entity's financial status relative to achieving financial independence by the future date.