![]() ![]() 11) More Control and Improved Financial Modeling So, whether your goal is financial independence in your 30s or a traditional retirement at 65, NewRetirement has added functionality to help you assess the right time for you to retire. Therefore, the better you can model out your passive income, the stronger your chance of achieving your goals. You can’t achieve financial freedom if you don’t have enough passive income. You can set custom time periods (start and stop ranges) for each stream as well as growth rate.Īs someone who has been building passive income since 1999, this NewRetirement feature is my favorite. The NewRetirement Planner has a unique feature that enables you to model and project passive income streams. 3) Activate Your Passive Income With The NewRetirement Planner Haven’t bought anything yet? Get motivated by running a scenario to assess what impact it will have on your actual financial situation (now and into the future). You can also model your current or projected investment properties. You can also see what happens with cash out refinancing, accelerated mortgage payments, downsizing and more.īut, that is not all. You can monitor your mortgage and project your pay off date for your residence. ![]() This is powerful since building a real estate empire (or village) is a good path to financial success. Whether you want to model just your castle (your home) or you’re an individual looking to build an entire kingdom (investment property), NewRetirement will project your future finances for any possible real estate investment. ![]() These enhancements also make your plan more accurate and reliable. Instantly see the impact of financial decisions on your net worth, cash flow, retirement age and more. Take Social Security later than earlier?.Invest in an apartment building or single family home?.You can run any scenario that is meaningful to you: NewRetirement is constantly updating their model and adding functionality to enable you to run additional “what if” scenarios. 1) Run What if Scenarios With NewRetirement It’s a powerful tool for people who want to optimize every dollar and live life on their own terms. What’s New With The NewRetirement Planner?īelow you’ll find 11 recent enhancements and new features to the NewRetirement Planner. It’s up to you to follow (or break) every rule in the book as appropriate to your values and priorities. NewRetirement is a Financial Samurai sponsor. The tool can also help you find your path to the future you want. You can use their technology to keep track of and strategize your time, income, taxes, debt, goals, insurance, benefits, and more. Their powerful tool enables you to track all of your accounts (savings, stocks, real estate investments, crypto, and more) in one place. But, the system goes way beyond savings and investments. What does their software do exactly? With the NewRetirement Planner, you get to take financial wellness into your own hands. NewRetirement is one of the best retirement planners today. They’ve made some notable enhancements that are worth checking out. So I reached out to their team to get some updates on their growth and new features, highlighted below. It’s been over 1.5 years since I did my first review of their platform. And one way to do that step-by-step is using the NewRetirement Planner. Ĭlients also have the ability to invest in the Pyramis Government Income Portfolio, sub-advised by Pyramis Global Advisors.What is the one thing you can do today to ensure better financial decision making, habits, and outcomes? You can build and maintain a holistic financial plan. ![]() MetLife Balanced Plus Portfolio, advised by MetLife Advisers, LLC with an overlay sleeve sub-advised by PIMCO.BlackRock Global Tactical Strategies Portfolio, and.AllianceBernstein Global Dynamic Allocation Portfolio,.These riders also provide flexibility and choice for surviving spouses.Ĭlients who elect the GMIB Max and/or EDB Max may invest in one or more of the four Protected Growth Strategy portfolios and/or an intermediate government bond portfolio.Īccording to a press release, t he Protected Growth Strategies include: Clients can adapt to changing circumstances by starting and stopping withdrawals at any time, without losing the compounding feature. The GMIB Max and EDB Max offer clients 6% compounded growth and 6% withdrawals per year of the benefit base and the same real-life flexibility as MetLife’s GMIB Plus and Enhanced Death Benefit riders, both of which will continue to be offered. The company said t hese new offerings are built by MetLife to help provide clients more guaranteed income and more consistent returns over time. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |