WO2006127975A3 - Financial planning document and process therefor - Google Patents

Financial planning document and process therefor Download PDF

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Publication number
WO2006127975A3
WO2006127975A3 PCT/US2006/020387 US2006020387W WO2006127975A3 WO 2006127975 A3 WO2006127975 A3 WO 2006127975A3 US 2006020387 W US2006020387 W US 2006020387W WO 2006127975 A3 WO2006127975 A3 WO 2006127975A3
Authority
WO
WIPO (PCT)
Prior art keywords
subtracts
financial planning
client
living
process therefor
Prior art date
Application number
PCT/US2006/020387
Other languages
French (fr)
Other versions
WO2006127975A2 (en
Inventor
Robert A Young
Original Assignee
Robert A Young
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Robert A Young filed Critical Robert A Young
Publication of WO2006127975A2 publication Critical patent/WO2006127975A2/en
Publication of WO2006127975A3 publication Critical patent/WO2006127975A3/en

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Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/02—Banking, e.g. interest calculation or account maintenance
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/03—Credit; Loans; Processing thereof
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/06—Asset management; Financial planning or analysis

Abstract

A computer program that can be installed on a web server to assemble web pages that can be accessed over the Internet to prepare financial planning reports for a client. The program takes gross income, subtracts income taxes, subtracts all money put into savings programs, and whatever is left is what the client spends in a given year or month. It further itemizes and subtracts the monthly payment for debt service since these items will be fully amortized or paid off at some point in the future. The balance left after these calculations are completed represents the individual's current annual living expenses or standard of living that needs to be sustained throughout their lifetime with adjustments for inflation.
PCT/US2006/020387 2005-05-24 2006-05-24 Financial planning document and process therefor WO2006127975A2 (en)

Applications Claiming Priority (4)

Application Number Priority Date Filing Date Title
US68394005P 2005-05-24 2005-05-24
US60/683,940 2005-05-24
US11/419,943 US7912771B2 (en) 2005-05-24 2006-05-23 Financial planning document and process therefor
US11/419,943 2006-05-23

Publications (2)

Publication Number Publication Date
WO2006127975A2 WO2006127975A2 (en) 2006-11-30
WO2006127975A3 true WO2006127975A3 (en) 2007-10-11

Family

ID=37452871

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2006/020387 WO2006127975A2 (en) 2005-05-24 2006-05-24 Financial planning document and process therefor

Country Status (2)

Country Link
US (2) US7912771B2 (en)
WO (1) WO2006127975A2 (en)

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Publication number Priority date Publication date Assignee Title
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US6430542B1 (en) * 1998-08-26 2002-08-06 American Express Financial Corporation Computer-implemented program for financial planning and advice system
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US20040267651A1 (en) * 2001-07-31 2004-12-30 American Express Travel Related Services Company, Inc. Portfolio integration module for providing financial planning and advice

Also Published As

Publication number Publication date
US7912771B2 (en) 2011-03-22
US20110112948A1 (en) 2011-05-12
WO2006127975A2 (en) 2006-11-30
US20060271463A1 (en) 2006-11-30

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