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Sunday, February 8, 2009
With so many different programs that help plan for the financial future, it is difficult to make sure the one you use is the most accurate. By carefully reading retirement planning software reviews you should be able to separate the wheat from the chafe and find the one program that is easy to use, easy to understand and is capable to perform all the functions you need it to calculate.
The first thing to consider is what your needs are and if the software you are looking into will satisfy those needs. There are reviews written on both personal and professional software that can help you see what others have experienced when using it.
Software that is made for personal use is usually not as extensive. A financial planner will need more options available in the software he uses. Therefore the software designed for the professional advisor may have some features that are not available in the programs made for individuals.
You have to decide what you need before you proceed to download software. It may be that some of options on the professional software are desirable. But usually you will have to pay for software that includes a lot of extras.
What Can You Get For Free
It may sound great to get free software. However, sometimes you pay in the long run because the software doesn't do what you need it to do or it is difficult to understand. If you input the information and the software performs its calculations but you don't understand the information it spits back out at you then the free software was of no benefit to you. Consumer reviews will show you a lot.
Since software for financial advisors will most likely be purchased by experts most of the reviews and opinions written about it will be written by those experts. That means some of the terminology or explanations may be a bit over the average person's head. The reviews you do understand may be those written for the programs made for personal use and some of those reviews may come from the manufacturer.
The manufacturer may be able to give you information about the features of the software. But they will not give you an objective opinion on how user friendly or how helpful the software really is. You will have to seek the outside opinion of other users to get an unbiased opinion.
The first thing to consider is what your needs are and if the software you are looking into will satisfy those needs. There are reviews written on both personal and professional software that can help you see what others have experienced when using it.
Software that is made for personal use is usually not as extensive. A financial planner will need more options available in the software he uses. Therefore the software designed for the professional advisor may have some features that are not available in the programs made for individuals.
You have to decide what you need before you proceed to download software. It may be that some of options on the professional software are desirable. But usually you will have to pay for software that includes a lot of extras.
What Can You Get For Free
It may sound great to get free software. However, sometimes you pay in the long run because the software doesn't do what you need it to do or it is difficult to understand. If you input the information and the software performs its calculations but you don't understand the information it spits back out at you then the free software was of no benefit to you. Consumer reviews will show you a lot.
Since software for financial advisors will most likely be purchased by experts most of the reviews and opinions written about it will be written by those experts. That means some of the terminology or explanations may be a bit over the average person's head. The reviews you do understand may be those written for the programs made for personal use and some of those reviews may come from the manufacturer.
The manufacturer may be able to give you information about the features of the software. But they will not give you an objective opinion on how user friendly or how helpful the software really is. You will have to seek the outside opinion of other users to get an unbiased opinion.
About the Author:
Are you sick of buying financial guides that make great promises but just don't deliver on those promises? At the Finance Product Evaluations website, we offer objective reviews of many resources in the debt, credit, investing and real estate markets, to name a few. Visit http://www.financeproductevaluations.com to take a look at our latest reviews, such as our current top pick Debt Free In 3.
posted by Credit Counseling at
3:33 AM
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