Government Pensions

Question: If I take my CPP at the age of 61 and OAS at 65 does the software automatically do the calculation or do I enter it in as other income? Answer: The software will estimate the CPP based on your annual earnings (provided in the Financial Information...

By: RetireWare / Equisoft On 4:32 PM

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Differences Between Professional and Collaborative Versions

Question: My understanding of the RetireWare software is that the Professional Version is used by the financial professional to prepare a retirement plan for the client.  The client is then not able to access the plan to update its progress. Is that correct? My understanding of the RetireWare...

By: RetireWare / Equisoft On 4:31 PM

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RetireWare Versions and Calculations

Questions: 1. What is the difference in the level of detail and complexity of analysis in the retirement plans between an individual user and an advisor user besides the number of different plans that can be created? 2. What do you do for tax rates? 3. Can I...

By: RetireWare / Equisoft On 4:31 PM

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Sources of Retirement Income

Question: Under the “Sources of Retirement Income” it has “yes” next to Personal Residence even though I indicated for both my wife and me “Never” under “Financial Information – Principal Residence – Sell Principal Residence.”  Are the income projections using the value of our personal residence or not?...

By: RetireWare / Equisoft On 4:30 PM

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Asset Allocation

Question: Under Asset Allocation it states “The Investor Profile Questionnaire established that the following portfolio: Security might be the most appropriate etc…” Do I assume that the RetireWare used a “Security” mix for my investments listed under Finances or will it use the “Selection of Rates in Economic...

By: RetireWare / Equisoft On 4:29 PM

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Copy Functionality

A new feature has been added today! Now you can copy an existing file to do what if scenarios or try different retirement strategies and evaluate their financial impact. For example, you can copy an existing file and try a different retirement age, life expectancy or income goal with...

By: RetireWare / Equisoft On 12:56 PM

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Common Settings

Features Update Data entry is made to be as uniform as possible for each spouse to make it easier to find all settings. We have a new release in which we apply changes to both spouses to avoid the need to enter the same information twice in the...

By: RetireWare / Equisoft On 12:55 PM

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