WealthProbe Features

General

✔ Your one-year license cost of $97.60 includes free updates.
✔ After initial activation, you can fully use WealthProbe offline, if
desired.
✔ Your data files are encrypted using banking-level security –
they are only accessible from the computing device that created
them.
✔ Calculations executed by WealthProbe are based on current
tax and retirement laws, rulings, and regulations and are
updated yearly.
✔ You can evaluate an unlimited number of scenarios.
✔ Your inputs are changeable, allowing for ‘what-if’ analysis.
✔ WealthProbe saves your data automatically after each section.
You can exit and re-enter a scenario as needed.
✔ Calculations are done on a monthly basis for increased
accuracy.
✔ WealthProbe remembers your previously entered data.
✔ If you don’t make it to your Target Date, WealthProbe reports
the month and year you run out of money. If you make it to or
past your Target Date, WealthProbe reports the money
remaining as of your Target Date and the date your money gets
you to.

✔ You can see your estate’s total wealth as a function of time
graphically, and use the cursor to see your total wealth at any
point in time.
✔ WealthProbe monitors your cash flow and reports when you run
out of cash. You select your non-liquid assets to liquidate as
needed to pay the bills until you hit your target date or until your
last non-liquid asset is liquidated. You can use your cursor to
see the remaining cash or monthly expense at any point in
time.
✔ WealthProbe produces a listing of your non-liquid assets that
required liquidation with the month/year of liquidation.
✔ WealthProbe presents a summary of all your current assets as
of the analysis run date, plus a summary of all of your major
inputs for the scenario.

A Little More Detail

✔ You can do analysis for yourself or yourself plus your spouse.
✔ For life expectancy, WealthProbe uses tables employed by
Social Security trustees, updated annually.
✔ WealthProbe may suggest input values based on historical
averages, but you control all inputs.
✔ For your convenience you’ll see mouse hovers and additional
help buttons on most screens to help you with questions during
execution.

✔ There’s a separate comprehensive Help section inside
WealthProbe – you don’t need an internet connection for
access.
✔ Assets can be taxable, tax deferred, or tax exempt.
✔ WealthProbe offers 12 different asset types, including foreign
stocks and bonds, and private business ownership. You can
create your own asset type if needed.
✔ WealthProbe accounts for a reverse mortgage on your
residence.
✔ WealthProbe accounts for up to two mortgages on any real
property asset.
✔ WealthProbe accounts for loans where you are owed money.
✔ WealthProbe accounts for non-mortgage loans you owe to
others.
✔ WealthProbe accounts for effects of current IRA laws on both
taxable and tax exempt, inherited or original-owner IRAs.
✔ You may enter any number of assets under any asset type.
✔ All IRA Required Minimum Distribution tables are updated
annually.
✔ You can plan for the possibility of a stock market downturn.
✔ You assign the inflation level.
✔ WealthProbe uses up to five phases (2 before and 3 after
retirement) that add flexibility and accurately allow for individual
variances. Your starting phase depends on your current
situation.

✔ WealthProbe offers 7 investment categories, plus you can
create your own if needed to account for your investment plan.
✔ You enter planned allocations and returns based on your
investment plans.
✔ You can enter any number of income streams.
✔ WealthProbe accounts for taxable and tax exempt income.
✔ WealthProbe offers 7 income payment frequencies (bi-weekly,
monthly, etc.). You specify when to start and stop each income
stream.
✔ WealthProbe accounts for planned bequeathments using 5 gift
frequencies, (one-time, yearly, etc.). You specify start and stop
dates.
✔ Your expenses for each phase can be entered using a single
total expense for the starting year of each retirement phase in
today’s dollars.
✔ As an alternative, you can enter your expenses using up to 21
existing expense categories. If needed, you can enter up to 10
of your own unique expense categories.
✔ Using expense categories offers an appliance wizard option.
You simply enter the appliances you will need in each phase.
WealthProbe does the rest.
✔ You can enter special expenses by amount, start and stop
dates, and payment frequency.