Leading financial planning software developer helps you capitalize on retirement distribution planning

According to the special report "Software that Thinks: Analysis and Planning Comes of Age" issued by Accounting Today magazine, the estimated 46 million baby boomer investors retiring over the next 10 years are changing their focus from retirement savings to retirement spending.

Within this special report, the article "Riding the Retirement Wave" describes the competitive opportunity for firms to capitalize on the retirement distribution planning market, and how their vendors, particularly in the area of financial planning software, are helping them succeed.

Says Dr. Linda Strachan, CFP and Vice President Product Marketing at Emerging Information Systems Inc (EISI): "Our NaviPlan financial planning software is undergoing dramatic enhancements that turn complex retirement distribution modelling into easy-to-understand scenarios."

EISI recognizes that the leading financial firms are capitalizing on this market trend by using retirement distribution to foster more profitable client relationships, and so the company is retooling NaviPlan to give advisors an effective means of presenting risk and income options to their clients.

"It's as simple as selecting the scenarios you want to explore and doing 'what-if' comparisons to determine the best approach," says Strachan of the new scenario manager feature, which enables advisors to explore multiple scenarios in less than a minute.

In terms of relating all of this information to their clients, advisors can select from a new series of action-oriented client reports that summarize and present the data in plain language and easy-to-follow graphs.

Rave reviews have been received by NaviPlan in response to its early field tests.

Look for these retirement distribution updates in the next two releases of NaviPlan: September 2005, and January 2006.