ESPlanner 2.8

ESPlanner is a financial planning software developed by Economic Security Planning, Inc. It helps individuals and households make informed decisions about their saving, spending, and investing to achieve long-term financial security.

ESPlanner uses sophisticated algorithms and Monte Carlo simulation to generate personalized financial plans based on a comprehensive analysis of a user's income, expenses, assets, and goals. It takes into account factors like life expectancy, inflation, tax rules, and Social Security benefits to provide optimal recommendations.

ESPlanner is designed for individuals and households of all income levels who want to optimize their financial decision-making. It is useful for retirement planning, determining optimal saving strategies, evaluating different Social Security claiming strategies, assessing the impact of major life events, and more.

Yes, ESPlanner can be an invaluable tool for financial advisors to assist their clients with comprehensive financial planning. It provides detailed reports and allows advisors to model different scenarios and strategies to help clients make informed choices.

ESPlanner requires information such as current income, expected future income, living expenses, savings and investment details, debt obligations, expected retirement age, family structure, Social Security benefits details, tax information, and more.

Yes, ESPlanner can handle complex financial situations. It can model multiple earners, self-employment income, irregular income streams, different types of assets, rental properties, mortgages, college funding, and various other financial factors to provide a comprehensive analysis.

No, while ESPlanner is widely used for retirement planning, it can also assist with general financial planning at all life stages. It helps users make informed decisions by considering their complete financial picture, including saving for education, major purchases, and other goals.

ESPlanner does not provide specific investment advice. Instead, it helps users understand the impact of different investment choices on their long-term financial security. It provides insights into optimal saving and spending strategies based on the user's goals and risk preferences.

ESPlanner offers features such as detailed cash flow reports, balance sheets, net worth projections, scenario analysis, Social Security optimization, survivor planning, Monte Carlo simulation, tax calculations, college funding analysis, and more to enable comprehensive financial planning.

ESPlanner can be purchased directly from the Economic Security Planning website. They offer different versions of their software for individual users and financial advisors. The software can be downloaded and installed on a compatible computer or accessed online through a web-based interface.