Advisors and Financial Professionals

How we can help your practice

Capabilities

Imagine a standardized software technology that can integrate pension plan benefits, RRSPs, Locked-In funds, other assets, property, other future income, and combine all information with one's spouse, children's education planning and other life goals using easy-to-use - and fast - Wizards that provide clear results and conclusions, compelling graphics and wide-ranging and independent retirement planning resources and education. This is what we are trying to achieve with RetireWare. [See for yourself...]

Build Relationships with Sound Advice

RetireWare Monte Carlo provides rich custom-tailored information and presentation materials for a customer experience that cultivates relationships and loyalty.

With RetireWare, you can formulate life goals such as retirement and children’s education, assess risk tolerance, build budgets, net worth statements and in-depth retirement plans quickly and comprehensively. You can easily assess personal circumstances, eliminate unnecessary investment risk, and integrate your client's portfolio with their goals. Use RetireWare on an ongoing basis to monitor progress against goals, and advise your clients of deviations and need for corrective action.

Holistic Wealth Management

Understand quickly your clients’ life goals, income and expenses, risk tolerance and personal circumstances. Monitor proactively and respond to changing events quickly and easily, with in-depth and personalized analysis.

Attract and Retain clients with in-depth analysis, compelling graphics
Generate personalized presentation-quality reports
Advise, monitor and take corrective action with changing circumstances
Increase productivity with intuitive, integrated and easy-to-use wizards

Total planning means total integration of all financial information. This also involves voluntarily exchange of financial information between individual users and financial advisor, where the advisor can use planning information developed by a user and perform an in-depth review, apply advanced features and probability analysis.

About Monte Carlo Simulations

We are all familiar with retirement planning calculators widely available on the Internet. You enter your salary, future annual savings, retirement age, existing assets, and other inputs. The projections are based on assumptions you select, most importantly the future expected return on your investments. After churning for a fraction of a second, the calculator tells you to the dollar how much you’ll have at retirement, and how long your money will last.

These planning tools are called ‘deterministic’: all inputs are fixed and they only reveal one single outcome.

Monte Carlo simulation is a mathematical method used to estimate the most likely outcome and the odds that certain events will occur, given a mathematical model of the problem.

The Monte Carlo method has actually been around for almost a century. Like the roulette wheels associated with the casinos of Monte Carlo, Monte Carlo simulation reproduces random outcomes by generating random numbers to obtain results. Unlike a roulette wheel, the Monte Carlo method uses random numbers to measure and quantify uncertainty and chance events.

The central premise of using Monte Carlo simulations is that there is risk in investing. Long-term averages don't capture this concept. Monte Carlo simulations are a far more realistic measure of financial risk and reward than any of the traditional financial planning alternatives.

The goal is to raise the comfort level knowing the odds of achieving pragmatic financial lifestyle goals, and feel comfortable with a financial plan, even in periods of negative market performance.

More about Monte Carlo Simulations

What Sets RetireWare Apart Is Its Sophistication

RetireWare's sophistication extends to the calculation of future income taxes. The usual approach of taking marginal tax rates or ignoring income taxes altogether is far too simplistic and creates large distorsions over time.

RetireWare is so powerful that it can find the exact before-tax amount that will provide for an retirement income formulated in terms of after-tax income. [More Information...]

RetireWare Has Powerful Wizards

RetireWare has powerful wizards for all the major components of the software: a Quick Calculation Wizard, a Budget Wizard, a Net Worth Wizard, an Asset Allocation Wizard and a comprehensive Step-by-Step Retirement Wizard. [More Information...]

Asset Allocation and Planning

RetireWare will help determine the amount of risk your client should take and whether it is a necessary and viable long-term strategy. You can also easlily monitor the asset allocation and quantify the deviation from the target asset allocation.

Pension Plan Support

RetireWare supports all types of company pension plans, including defined benefit, defined contribution, group RRSP, deferred profit sharing plan (DPSP), even a deferred pension or account balance from the pension plan of a prior employer.

Plan sponsors can get their own customized add-in that reflects the provisions of their pension plan, making it possible to integrate the plan with maximum accuracy with other assets, savings and future income streams. [More Information...]

Clear and Compelling Results

Results show graphically the budget and net worth statement, the asset allocation and its deviation from the target asset allocation, the assets and shortfall at retirement. RetireWare provides detailed forecasts for the projection of assets, income and cash flow in both graphical and table format. You can resize graphs and tables for optimal viewing.

You can cycle through the results as a slide show with the View Results toggle button. There are also options to view results in today’s dollars.

Total Planning

Apeiron Software Limited offers two products designed specifically for Canadian tax and retirement savings rules: RetireWare Version 2.0 Standard Edition and RetireWare Version 2.0 Monte Carlo Edition. Both products are packed with features, have easy to use wizards, and provide rich graphics and presentation-quality reports.

RetireWare is a financial and retirement planning software that determines whether your savings and other assets and income will be adequate to enjoy your desired standard of living during retirement and avoid the risk of outliving your money. You define using one of a variety of ways your retirement income objectives and RetireWare determines whether it is realistic and sustainable. If your savings are not sufficient, RetireWare will recommend the required annual savings that will let you achieve your retirement income objective, and let you see how this fits in your budget along with your other financial commitments. If you are near retirement or already retired, you can see whether your standard of living is sustainable for the duration of your retirement and what rates of returns are required to achieve your goals.

RetireWare Version 2.0 is all about financial integration. From integration of your retirement plan with that of your spouse, to integration of your financial objectives with the investment risk of your portfolio, to integration of monitoring your asset allocation within the framework of your long-term objectives. Using sophisticated mathematical models, the new RetireWare Monte Carlo Edition performs thousands of capital market return simulations to assess the pertinence of investment risk and determine the probability of achieving financial objectives.

Start the Conversation With Your Clients

Offer RetireWare to your clients for the price of a bottle of wine. You can buy 100 or 200 personalized CDs at a very attractive price and your clients will see your contact information each time they open RetireWare. You will help your clients get serious about formulating goals, and in the process many will realize the urgency of their situation and the need to seek advice to take care of their future.

Each CD ROM is customized to have your name, telephone, email and company logo. Each time the client opens the software, he will see a 'splash' screen with your company logo, name, adddress, telephone, email and Website. The help menu also has an item providing your contact information, a link to send you an email and a link to your Website.

Offer RetireWare to Your Clients and Prospects

Understand quickly your clients’ life goals, income and expenses, risk tolerance and personal circumstances. Exchange files and identify opportunities.

Attract and Retain clients by sharing password-protected files
Save time with data input, merely review the files created by your clients
Provide added-value advice on how they can solve their financial problems
Identify investment, debt reduction and insurance opportunities
Provide a rich client experience with our comprehensive, integrated and easy-to-use software
Answer planning and investment questions from your client, we provide software technical support

RetireWare breaks traditional boundaries enabling a true flow of information that seemed impossible until recently. With a voluntarily exchange of financial information between individual users and financial advisor, the advisor can use planning information developed by a user and perform an in-depth review, apply advanced features and probability analysis.

Offer RetireWare to your clients. You can buy 100 or 200 personalized CDs at a very attractive price and they will see your contact information each time they open RetireWare. [More information...]