Overview      Features     Components      Application Requirements

Features:
Client Confidentiality
Efficient Data Collection
One-Time Data Entry
Automatic Calculations
What-If Scenarios
Quick Report Generation
Modular & Comprehensive Plans
Monte Carlo Simulation

Client Confidentiality
FPP software allows you to protect your files with a password to assure the security of your clients' financial data.

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Efficient Data Collection
The FPP Confidential Questionnaire is your tool for accurate and thorough collection of client’s financial data. Since the Questionnaire parallels the software, it’s simple to transfer the data from the printed Questionnaire to the software’s on-screen data forms.

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One-Time Data Entry
Enter data once, and FPP automatically distributes the data to all the appropriate planning areas. Your office assistant can easily handle data entry and report generation with FPP -- and you can spend your time in creative planning or contacting new clients!

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Automatic Calculations
FPP uses up-to-date internal tables to automatically perform calculations for items such as social security benefits, estate taxes, and projected income and expenditures at retirement.

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What-If Scenarios
Want to show your client the impact of varying figures? FPP’s unique override feature keeps the current year data intact while you enter new numbers into the data forms.

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Quick Report Generation
FPP performs calculations and provides analyses of your client's financial data quickly and efficiently.  When you are ready, you can enter your personal recommendations and print the final report.

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Modular & Comprehensive Plans
FPP is a powerful and flexible program that can help you tailor a plan that will meet the specific needs of each client.  FPP has the capability of producing full in-depth plans as well as modular plans focusing on a specific area of analysis.

Modular Plans:
Modular planning is made simple with the FPP. Just type the information into the data forms for an area of analysis and then select the corresponding sections on the report generation screen to create a modular report.

Comprehensive Plans:
Comprehensive plans can contain detailed analyses for the following areas: investments, net worth, income and expenditures, education, other goal funding, emergency funding, business valuation, retirement planning, lump sum distributions, life and disability insurance, long-term care insurance, tax planning, and estate planning.

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Monte Carlo Simulation
Monte Carlo simulation is used to evaluate the effects of fluctuations in your client's investment rate of return over time.  The annual rate of return is randomly varied, and the overall analysis is repeated 1,000 times.  Each time the analysis is completed, the investments remaining at the end of the client's life expectancy are checked to determine the probability of success.

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