FinanceBase-Lifetime Finances, Features List


Most of the features included in FinanceBase-Lifetime Finances are given in table form. They are organized by subject and which page or window they appear to make it easy to find them.
Refer to FinanceBase-Lifetime Finances which has screenshots of all windows and pages and also links to other products in the FinanceBase application. You can also download the product and try before you buy during the 31-day trial period. Also refer to FinanceBase-Lifetime Finances, More Than a Retirement Calculator for a description of the background and design philosophy. This post summarizes the features in table form so they can be compared to other applications.

Features Summary

Before providing the details, here is a summary of the features provided.

Features
Operational
Window, Macintoch, desktop
User Manual, Help, Tips, Wizard
Email support
Personal Data
Spouse, Name, Year of Birth, Retirement Ages
Income
Social Security Benefits, CPP, OAS, GIS
Company Salary and Pensions
Start Ages, Amounts, Increases
Automatic conversion from Salary to Pension
Expenses
Social Security, Medical, CPP, EI
Rent, Property Taxes, Mortgage, All Other
For Now and when Retired
Inflation
Expenses, Pensions, Taxes
Assets
TFSA/Roth, Cash, Shares, Dividend Shares, RRSP/IRA
Starting Amounts, Rates, Increase/Year
Transfers between spouses and on death
Uses Minimum Payout for RRIF and IRA
Obeys Maximum TFSA Payments
Taxes
Select Tax year, Country, Province or State
Uses Tax brackets, key deductions and exemption, etc
Split Pension for Canada, Filling Status for USA
Changes for any Year
Inflation rates, Income rates, Asset rates
Extras by year when retired
Itemized Extras for any year
Income, Assets, Assets per Year
Calculations
Can specify which Assets to use
Can specify the % of Assets used for each person
Can specify fixed return rate, fixed tax rate
Results
Many Charts and supporting tables
Analysis and suggestions
Asset Movement
Save and Reload Results
Print all pages and Charts Window
Remove Shorts using various options
Stress test (what-ifs) using various options
Multiple windows to make comparisons
Using Over The Years
File for new tax year provided or duplicate last year
Easy to Move Saved data for new year

Features Details

The features are detailed below and organized by subject. The page shown is where the feature mentioned can be found.

Feature Page or Comment
Operational
How accessed Download from Website
Operating Systems Window, Macintosh
Platform Desktop
Programming System 4D
Password Protected During Login
Multiple Windows As many as desired
User Manual With Download
Context-Sensitive Help All windows and pages
Tips Entry
Entry Wizard Entry
Email Support Direct or contact form
Data Entry – Ages
Year of Birth Entry
Retire Age Entry
Government Pension(s) Start Age Entry
Private Pensions Start Age Entry
Number of Retirement Years Entry
Data Entry – Second Person
Include Person 2 Entry
Include Person 2 as Spouse Entry
Data Entry – Customize Name
Change Person’s Name from Person 1 Entry
Change Person’s Name from Person 2 Entry
Data Entry – Expenses
Set Expenses for Now and W]when Retired Entry, Expenses Details
Rent Entry, Expenses Details
Property Taxes Entry, Expenses Details
Mortgage and Mortgage Table Entry, Expenses Details
Social Security for USA Entry, Expenses Details
Medical for USA Entry, Expenses Details
CPP for Canada Entry, Expenses Details
Employment Insurance for Canada Entry, Expenses Details
All Other Entry, Expenses Details
All Other Budget with groups Expenses Details
Extras by year when retired Extra Expenses
Itemized Extras for any year Extra Expenses
Data Entry – Expenses – Self Employed
USA Social Security Expenses Details
USA Medical Expenses Details
Canada CPP Expenses Details
Canada Employment Insurance Expenses Details
Data Entry – Inflation Rates
Expenses Entry
Pensions Entry
Taxes Entry
Change any inflation rate in any year Rates
Data Entry – Income – Government Pensions
USA Social Security Benefit Entry
Canada Pension Plan Entry
Canada Old Age Security Entry
Canada Guaranteed Income Supplement Automatic
Data Entry – Income – Salaries and Pensions
Number permitted 3 on Entry
% Increase per year Entry
Change to Pension Automatic
% Pension is of Salary Entry
% Increase of Pension per year Entry
Change any Salary/Pension in any year Income
Add/Subtract Capital Income in any year Income
Add/Subtract Other Income in any year Income
Change any rate in any year Rates
Data Entry – Assets – Classes
TFSA and Roth Entry
Cash Entry
Shares Entry
Dividend Shares Entry
RRSP/RRIF and IRA Entry
Data Entry – Assets – Variables
Starting $ Amount Entry
% Rate Entry
$/Year to be added Entry
For TFSA, Use Maximum per Year Entry
Change any rate in any year Rates
Change any Asset in any year Assets
Change Assets per year in any year Assets Per Year
Use Home Buyer’s Plan for Canada Assets Per Year
Reinvest Cash, Dividends and TFSA Income
Data Entry – Assets – Allocation during Calculations
% Adding between Persons Entry
% Taking between Persons Entry
Ordering of which to Add Calculations
Ordering of which to Take Calculations
Override of Adding to Assets Calculations
Override of Taking from Assets Calculations
Data Entry – Assets – Minimum Payouts
Canada RRIF per Government Values Automatic
USA IRA USA per Government Values Automatic
Data Entry – Assets – Maximum Payments
Canada TFSA per Government Values Automatic
Data Entry – Assets – Transfers
Death of a Person Taxes
Between Persons Assets
Data Entry – Assets – Accounts
Show Accounts entered Accounts
Group Accounts into Asset Types Accounts
Data Entry – Taxes – Federal and Provincial/State
Select a Tax year Entry
Select a Country Entry
Select a Province/State Entry
Taxes used in Calculations Government Values
Data Entry – Taxes – Settings
Split Pensions for Canada Taxes
Filing Status for USA Taxes
Use Set Rates Override Taxes
Exclude Taxes Override Taxes
Analysis, Removing Shorts and What-ifs
Summary of Excess and/or Shortfall Charts Window
Last year total assets Charts Window
Possible options when Short Charts Window
Remove Shorts using various options Auto Iterate and What-if Window
Stress test using various options Auto Iterate and What-if Window
Results – Save
Save as a File Entry
Save for later use in drop-down menu Entry
Results – Load Saved
Load Files from others Entry
Load Saved results using menu Entry
Examples included Examples
Can add Examples in the future Add to Examples Folder
Empty Entry Page Examples
Some Standard Values Examples
Results – Printing
Print any or all pages (charts and tables) ToolBar
Print Charts Window (charts and analysis) ToolBar
Results – Asset Movement
Year by year listing of Asset changes Asset Movement
Show Income, Expenses and Taxes Asset Movement
Show Year-End Assets Asset Movement
Results – Charts
Chart 1. Available Income vs Expenses Charts Window
Chart 2. Excess and/or Shortfall Charts Window
Chart 3. Total Assets By Person Charts Window
Chart 3. Total Assets vs Inflation Charts Window
Chart 3. Total Assets As A Percent Charts Window
Chart 3. Total Assets As Yearly % by Age (Animated) Charts Window
Chart 4. Total Income For Person 1 Income for Person 1
Chart 4. Marginal & Actual Tax Rates For Person 1 Income for Person 1
Chart 5. Assets for Person 1 Assets for Person 1
Chart 6. Total Income For Person 2 Income for Person 2
Chart 6. Marginal & Actual Tax Rates For Person 2 Income for Person 2
Chart 7. Assets for Person 2 Assets for Person 2
Chart 8. Taxable Income And Taxes Taxes
Results – Tables
Expenses, Mortgage Expenses Details
Wanted and One-Time Extras Extra Expenses
Asset changes per year Assets Per Year
Income Income
Assets Assets
Rate changes per year Rates
Taxes Taxes
Federal and Province/State Taxes Used Government Values
Charts Window Tables Charts Values
Using Over The Years
Tax File provided each year for loading Email
Load new year into application Entry Tax Year drop-down menu
Or Create Tax year Duplicate Entry Tax Year drop-down menu
Easy to Move Saved data for new year Entry Tax Year drop-down menu