ALL = applies to all versions
PRO = applies just to Professional Edition
20010.1 released 1/20/10
- ALL:
Updated with 2010 tax rates
- ALL: Added Password Protection on application opening; if you
want to enable that, enter a password under the Settings menu -> Set
password
- ALL: "Add Row" Function on Investments, Infusions, and Special Expenses screens
now adds the row where the cursor is instead of always at the end of the
grid.
- ALL: Updated Social Security Estimate with 2010 bend points, average
wage index series, national average earnings, and cost of living adjustment.
(Zero COLA in 2010 has dropped 20 yr average to 2.84%)
- ALL: Fixed
Print Fact Finder dialog which was getting its initial path reset to Client
Files instead of Docs where the Fact Finder is located
- ALL: Fixed Life
Insurance Needs tool not printing the right value sometimes on the printed life
needs page
- ALL: Disabled the AppUpdate Check on Exit
because we only do about 4 major releases a year and it is unreliable on many
computers due to Anti-Virus and Anti-Spyware programs. You will receive an
email when a new release is ready.
- ALL: Added error checking on
File -> New Client to prevent Run-time Error 9 when user deletes or moves the
default data file.
2009
Revisions and Changes
2009.2c-g released Q3 2009
- ALL: Updated printing to use Microsoft Printer Dialog to make printing settings selection more reliable.
- ALL: Fixed problem with Investments check box enable
- ALL: Fixed issue with Life Insurance Needs calc if you clicked "Spouse Dies" and you were using the built-in Social Security estimate. It was incorrectly showing the 50% spouse benefit.
- ALL: Updated the Settings -> Taxes screen to remove the note about taxation of Cash Infusions as we added a column for that in 2009.
2009.2
- ALL: Contact Title, if entered, now prints in lower left of page beside the advisor's name
- ALL: Changed to Microsoft Printer Dialog so that you can more reliably switch printers and color settings.
- ALL: Changed grid code on Investments, Infusions and Expenses to eliminate the "zero" showing up when entering data.
- ALL: Fixed problem with total page numbers if no valid data was entered on infusions or expenses and user selected to print those pages anyway.
- ALL: Left and Right arrows are now for moving within a cell on Investments, Infusions and Special Expenses screens.
2009.1c
- ALL: Added new Setting for Tax-Deferred Distributions - Allow Pre-59 1/2 Distributions without Penalty.
2009.1 released 1/21/09
- ALL: Updated Social Security algorithm to 2009 data points and updated
COLA (20 year average is 3.07%).
- ALL: Added a Tax Rate column to the Cash Infusions screen. Now you can finely
control the taxation of income items!
- ALL: Added new column to Investments, Infusions and Expenses to "Enable" row
or not in the calculations. This allows you to enter items and values greater than $0 and turn them on/off rather
than remove them entirely.
- ALL: Program now uses XP Styles to style controls, scrollbars and related items.
The scrollbars on the Spreadsheet are now much
easier to see and manipulate.
- ALL: Wider gridline for Frozen cols on Spreadsheet, year and age, make it more
obvious that they are separated from other cols.
- ALL: As before, Single Click on graphs will freeze the data line. Double
Click on the graphs will now unfreeze the line.
- ALL: Fixed the AppUpdate system and changed it to use the Interactive Wizard
every time it runs.
- ALL: AppUpdate manual check from Help menu now can be run without Exiting the
software after the check.
- ALL: Added option to print page numbers on printed report.
- ALL: Calculated returns from Investments screen are now rounded to 2 decimal
places before being added to front screen.
- PRO: You can now print the Added Savings Solver results as part of the "Print
Detailed Report" function.
- PRO: Improved Added Savings Solver by adding a table with baseline blended returns,
+3 and -3 points as well as the weekly, monthly,
and annual savings needed to eliminate shortfalls.
- ALL: Adjusted Tab order on Added Savings Solver
- ALL: Widened line on Aggregate Investments summary page above total returns
line. This line was too short and did not look right on the print out.
- ALL: Widened Cash Infusions screen so that the grid can show all columns without
scrolling to right.
- ALL: Maximum allowed investment return warnings were changed to clarify that
it was an "investment return" instead of just a "percentage" being capped.
- ALL: Changed the layout of the Cash Infusions and Special Expenses screens so
that all columns are visible when opened.
- ALL: Changed names of the tax type on Special Expenses. Does not change the
calculations. Tax-Deferred is now "Tax-Deferred Only"
and the old name of "Non-TaxDeferred" is now "Any Available" which means it will
cascade through the investment buckets as needed.
- ALL: Updated look of the cover page on the printed report
2008
Revisions and Changes
2008.5
- ALL: Added option to print page numbers on printed report.
- ALL: Calculated returns from Investments screen are now rounded to 2 decimal
places before being added to front screen.
- PRO: You can now print the Added Savings Solver results as part of the "Print
Detailed Report" function.
- PRO: Improved Added Savings Solver by adding a table with baseline blended returns,
+3 and -3 points as well as the weekly, monthly, and annual savings needed to
eliminate shortfalls.
- ALL: Adjusted Tab order on Added Savings Solver
- ALL: Widened line on Aggregate Investments summary page above total returns
line. This line was too short and did not look right on the print out.
2008.4
- ALL: Fixed Social Security taxable percentage bug where it showed odd percentages
like 77%, 79%, etc. The taxable amount canonly be 0%, 50% or 85%.
- PRO: Changed Tab Order on the Customize Contact Info screen. Also added
the offwhite coloring for the selected field similar to main screen.
- PRO: added new PRO printing format for TMFS
- PRO: if you opened a client file and hit print immediately, then Investments
would never print unless you opened that screen first
- ALL: if you set company match to % or annual contrib to % it was saving them
as $ and reloading as $ not %
- PRO: Sometimes close client on a couples file would cause a run-time error 13
and program would crash. This is fixed.
2008.3 released 3/31/2008
- ALL: To make it easier to read, we bolded the dollar amounts in the data readers on both the Income Graph and Savings Graph.
- ALL: Fixed Soc Sec issue where it was only showing on first year of retirement.
- ALL: Updated several soc sec points that were missed in the inital 2008.1 release.
- ALL: Fixed tab order on the Registration Information screen and added graphic to make it more user friendly.
- ALL: Added yellow text box highlighting to the "active field" for greater visibility of which field you are editing
- ALL: Changed Print Detailed Report shortcut to Ctrl-P since that is the main print routine.
- ALL: Changed Print Current Window shortcut to Ctrl-T since it's not used as much.
- ALL: Fixed problem with Savings Graph where some values for clients over age 70 did not match spreadsheet. It was showing the post -RMD values of the balances which made no sense. It now shows true beginning of year balances. (thanks Stan Anderson)
- ALL: Settings -> Social Security screen's hyperlink to SSA.gov website was not working. This is now fixed.
- PRO: If you change the birthyear of an open client and that change converted them from retired to not retired, the program will now open up job income and the other fields for editing that are set to "N/A" if already retired. (thanks Bruce Atkinson)
- ALL: If you single click your mouse on the graphs, then the data bar freezes. We added new code that unfreezes the date line when you single click again. Previously you had to double-click or click off the graph somewhere to unfreeze the bar.
- ALL: Balance graph is showing the Start of Year values but the graph bars were showing the intermediate year values. This was an error introduced sometime in the last 2-3 months but is fixed now.
- ALL: The gap at beginning of the Retirement Income Graph was removed to eliminate confusion. Bars start all the way to the left now.
2008.2 released 2/26/2008
- ALL: If you had a % sign in a Description on Infusions, Expenses or Investments and tried to copy and paste into another description, occasionally this would cause a run-time error type mismatch. This did not happen all the time but anyway this is now fixed.
- ALL: Printing Assumptions would hide some N/A fields if main client was retired, but would also hide spouse fields even if spouse was NOT retired. Wechanged the print code to decide independently whether each are retired or not. If retired, then Annual Job Income, Company Match, Contributions, and Pre-Retirement Return will show as "N/A" for Not Applicable.
- ALL: Fixed Social Security bug that would display just one year of Social Security benefit if using built-in estimate.
- ALL: Fixed issue with Social Security taxation when Retirement Income Goal was set to something low. Calculation was not looking at Special Expenses.
- ALL: Fixed SSA website link on Settings menu.
- ALL: Fixed issue with Investments, Infusions, and Special Expense screens where hitting Tab on last row and last column could cause a run-time error. Wehave added code to add a new row when you tab off the last column of the last row.
- ALL: Changed the way Setting-> Tax Deferred Distributions -> Don't Allow Pre-59 1/2 Distributions works in the Spreadsheet calculations. Before thisrelease, the tax-deferred investments would accumulate growth but the "Tax-Deferred Growth" column would show $0 in it which was confusing. Now theprogram shows the actual Tax-Deferred Growth in that column even though it does not use that amount or any principal from Tax-Deferred if you have thissetting checked. Note that this change does NOT affect the future investment balance calculations it only affected what was shown in the "Tax-Deferred Growth" column on the spreadsheet.
2008.1 released 1/28/2008
- ALL: Added Settings -> Taxes where you can select whether to have the program net taxes out of Social Security and Pension.
- ALL: If you have a couple where both work and one retires earlier than the other, the program applies Annual Job Income to the retirement income needs. In prior versions no taxes were automatically netted out of that job income. In this version we now net the effective tax rate out of that income before applying it to the income needs.
- ALL: Updated built-in Social Security benefit estimate with 2008 data including COLA, Maximum Earnings, Bendpoints etc.
- ALL: Older spouse 50% bene calc would show $0 on main screen and SS if the Start Age occurred in a year prior to the main spouse's Start Age. This is changed so that 50% spouse bene can begin BEFORE worker begins their benefit. See SSA website for rules allowing this.
- ALL: If 50% bene calc applies, then double clicking the Soc Sec Amount "label" on the spouse tab will pop-up some details about that calculation.
- ALL: Built-in Soc Sec benefit calculation was looking at Retirement Age and not Soc Sec Start Age when calculating the early and late benefit adjustments; this is now changed
- ALL: Built-in Soc Sec benefit calculation now tied to past CPI data similar to the way SSA.gov does it in their online calculators
- ALL: Added estimate of taxes on Social Security including estimate of what % of Social Security benefit is taxable. This is just an estimate but a bit more accurate than always taxing 100% of Social Security.
- ALL: Set minimum width of column headers on Export to Excel. Otherwise columns are too narrow and require a lot of manual resizing.
- ALL: Print Detail Report screen: if you had an error in the From Age or To Age the error trapping code was an endless loop continually popping up the error message with no way out other than killing the program. This is now fixed.
- PRO: If you used File -> Save As, data was saved to 2nd file and you were then editing that file. However, the Caption title at top of program was not updating with the name of the new 2nd file, so some users thought they were editing original file. This is now fixed. File->Save As will create a 2nd file and you will be editing that 2nd file after the Save As process. Note that the 1st file should remain untouched from last save.
- ALL: On Save, the program creates a dated backup of your file before changes were made. This allows you to recover old versions in case of program failure or to create a backup history of file changes.
- ALL: Paycheck Savings Tool - Fixed problem where if you left Income $0 then program would crash from illegal division by zero.
- PRO: File->New will now add the file name to the most recently used file list on the File menu. Previously only File->Open would do that.
- ALL: Fixed intermittant errors with data values at bottom of main screen clearing back to 0 when clicking the mouse off the input box.
|
|
"By the way I love the new look! Really enjoy the program.
It is amazing to be able to get timely correct answers from any software company today, but Torrid Tech has always been right there.
Thanks"
Dean St. Marie, CFP
"The Retirement Planner product is so simple to use and easy to understand. I have had two financieal advisors tell me that products like yours exclude this or exclude that. Your product really does not exclude these things, and it works in a manner that is simple to understand, simple to use, and give me results that continue to hold up to the things the experts say I can not get in software. This product is so worth the small investment. You could give a money back guarantee over any amount of time and you would not lose clients. I have tried them all - your Retirement Product works and you have a client for life!"
Ken Branham, Feb. 26, 2008
"I have used this software for many years and I really love it. It has been a great planning tool for me."
Jeff Paulson, Feb. 11, 2008
"Great program and I'm looking forward to using it for many years. Thanks for your assistance..."
Leon Krok, Dec. 28, 2007
- Easy to Learn
- Easy to Use
- Quick
- Not Complicated
- Real-time
- Instantaneous
- Life Insurance
- Annuities/EIAs
- LTCi
- Wealth Mgmt
- Indexed UI
|
