planmode

PlanMode

Sawhney Systems
4.8 / 5 Editor’s review

Who Uses PlanMode?

Anyone interested in comprehensive personal financial planning. An ideal app for retirement planning, capital needs analysis and other what-if analysis. This app is especially useful for creating a comprehensive financial plan, project it in future and analyzing the bottom line impact of various financial choices. Widely used by professional financial planners as well as individuals doing their own financial and tax planning. A solid personal financial planning app.

Average Ratings

Reviews
  • 4.8 / 5
    Overall
  • 4.5 / 5
    Ease of Use
  • 5 / 5
    Customer Service
Review PlanMode!

PlanMode Details

About PlanMode

PlanMode is a comprehensive financial planning app for individuals. It provides a quick and easy way to prepare a financial profile and project it to future years. It can transform the normal financial profile into a retirement scenario or adverse scenarios including death or disability of either spouse.
PlanMode continuously adjusts to the data you tap in and does not require you to enter data that may not be necessary for your planning and analysis.
Some of the features of PlanMode include-
· Financial profile for a single or both spouse’s lives for up to 100 years
· Retirement profile
· Disability profile and analysis
· Survivor’s profile and analysis
· Automatic cash management simulation
· Detailed annual cash flow analysis
· Data categories to satisfy all input needs
· Instant financial summary as you enter or modify data
· Self-updating liquid capital bar reflecting span-long status
· PlanMode includes specific product templates for:
· Retirement plans
· Life Insurance
· Fixed and Variable Annuities
· Charitable Annuities
· Reverse Mortgages, and more
· Customizable financial statements
· Comprehensive analysis for each alternate scenario
· Graphs and charts for quick overview
· Scenario comparing what-if analysis
· Export plan to ExecPlan, PlanGauge and Excel
· Definable national, state and local taxes. Built-in US income taxes

PlanMode Reviews

Review PlanMode!

Excellent financial planning app for everyone

Robert F
Certified Financial Planner
Wealth Managers
Used the software for: 2+ years
4.9/5
Overall
4.5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: Not
Likely Extremely
Likely

Pros: Comprehensive, flexible and easy to use. US taxes built-in and up-to-date, other taxes can be automated. Quick financial profiles in minutes.

Cons: None significant

Overall: This is an excellent planning program with lots of features to help model specific situations. We all work hard to make our future financially secure, this app can help in getting a good feel of the future and see how it is shaping up with current information. It takes a bit of time to get going with it but very much worth it. I highly recommend it. Hope you can keep the capital bar green all the way.

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