Develop Your Own Lifetime Financial Plan

No one wants to splurge today and starve tomorrow, nor do the opposite.

ESPlannerBASIC suggests how much you should spend, save, and insure each year to achieve a stable living standard, now and through retirement, without borrowing.

ESPlannerBASIC can help you raise your spending power and make lifestyle decisions. It shows the living-standard impacts of changing jobs, contributing to retirement accounts, having children, down-sizing your home, retiring early, waiting to collect Social Security, and much more.

ESPlannerBASIC considers your economic resources, federal and state taxes, and "off-the-top" (non-discretionary) spending on housing, college, etc. in making annual discretionary spending, saving, and life insurance suggestions.

ESPlannerBASIC lets you plan two ways. In economics planning mode, the program suggests how much to spend each year on a discretionary basis to smooth your living standard through time without putting you into debt. In conventional planning mode, you set (under Assumptions) your own post-retirement discretionary spending target and the program smooths your living standard, but only before you retire.

ESPlannerBASIC was developed by Laurence Kotlikoff, Professor of Economics at Boston University, and other professionals. After you try ESPlannerBASIC, consider doing more advanced planning with our download programs available at www.esplanner.com.

Employers can license an enhanced version of ESPlannerBASIC. Contact us at info@esplanner.com for details.

Disclaimer: ESPlannerBASIC is an educational calculator designed to give you some input in mapping out your financial future, but should not be acted upon as a complete financial plan. ESPlannerBASIC's creators are not certified, registered, authorized, or any other type of financial planners. ESPlannerBASIC is simply a tool for helping you think through your economic futures. Its "recommendations" should be viewed as informative inputs into your own decision-making with respect to saving and the purchase of life insurance. ESPlannerBASIC provides neither economic, financial nor tax advice, which can only be delivered to you by authorized professionals.