Patent Document ID: 8515848
Application ID: 12749390
Patent Flag: 1

Claim One:
1. A method of summarizing household resources and claims through a future lifetime as of a particular date, thereby enabling a household to balance the claims against the resources over a time horizon, the method including: accessing a collection of data structures in computer readable memory, including a plurality of financial asset objects adapted to represent positions in financial assets, including risk, return, and cash flow, at least one real estate object adapted to represent a real estate holding, including risk and return, mortgage obligations, whether the real estate is a residence, and one or more household members' preferred disposition of the real estate, a plurality of household expense objects adapted to represent various household expenses, the household expense objects including at least expense amounts and expense timing, and a desirability rating for a particular household expense; and evaluating using a processor and summarizing for a particular date actuarial present values of resources and claims, the resources and claims including at least the positions in financial assets, the real estate, and the household expenses, the summary organized into groups of the resources and the claims, wherein a base level of the household expenses and obligations including mortgage payments for the real estate are grouped together as obligations, and other of the household expenses are organized by the desirability ratings of the household expenses, thereby representing at least primary and secondary goals among the household expenses, and and a residual (or deficit) of the resources exceeding (or failing to satisfy) the claims is reported, thereby reflecting wealth building.