Over years the number of accounts you have will likely be larger than can be easily managed manually or on a spreadsheet. Try Accounts and download as a demo for 31 days. You can enter your assets and liabilities (and past monthly values) and show changes over the years as well as your gross and net worth. Share Accounts can be updated as they change including Buy, Dividend, Sell, Split, MonthEnd and Other.


If you have any tips that you think others will find useful, please send them to marketing@calorsoftware.com. If appropriate, they will be included on this page.

Doing a “what-if” analysis

Enter all the data as you expect it to be and then save it. Next change some of the variables to extreme values, such as a very large Expenses Inflation Rate of, say 6%, and a reduction of the investment rates to half, or even 0%. Keep changing other variables until there is a Short on Chart 2 in the last year. Save the results with a different name. Open a second Retire Cash Flow window and load the original saved results. Compare the two windows to see what has changed. Do this as often as desired to examine the risks involved with each scenario and decide if they are acceptable.

Including annuities

There are many types of annuities and each may have a different solution.
The simpliest is an annuity for life with no return of capital. To include this type, there are 3 steps required: 1) Consider it to be a pension and add it one of the salary/pension Change columns on the person’s Income page for the year the annuity starts; 2) On the Entry page, change the %Infl amount for the Salary/Pension to the percent the annuity will grow relative to the Pensions Inflation rate; 3) On the Asset page, remove the asset that is being used to fund the annuity by entering a negative amount into the Change column for the same year.

Balancing assets

At each stage of life, financial advisors recommend that assets be changed to ensure a balance between security and growth. When young, a person can invest in the stock market, but in later years this changes to sustainable growth and security of the assets. Once the Entry page is complete to the user’s satisfaction and the lifetime cash flow as shown on the Charts Window indicates a satisfactory retirement, the balance (or mix) of assets can be examined and modified to reduce the risk during retirement. Do this as follows:
1) On Chart 3, click on the drop-down menu in the lower-left and select “Percent”. This will show what percent
of the assets are in Cash, Shares and Retirement Plans;
2) Go to an Asset page and enter a negative amount in a Change column for the year and an asset that is to give up the amount;
3) Enter the same amount, but as a positive value into a Change column for the same year and the asset
that is to receive the amount;
4) Change the drop-down menu back to “People” to see the impact on the total assets.
Do this as often as desired to get the results wanted.

Helping to manage your finances