------------------------------------------------------------------------------ FIRST FINANCIAL SOFTWARE * * * * * * * * FPLAN * * * * * * * * PERSONAL FINANCIAL PLANNER Version 3.0 USERS GUIDE Information presented in this guide is available throughout the regular program indicated at various menu options. ------------------------------------------------------------------------------- Copyright(c) 1991 by First Financial Software. All Rights Reserved ------------------------------------------------------------------------------- TABLE OF CONTENTS ----------------- SECTION PROGRAM ITEM PAGE --------- ------------------------------------------------------- ------ A Introduction:............................................ 1 B Initial Screen:.......................................... 2 B-1 Demo & Regular Program Option:........................... 2 B-2 Suggested Instructions to Use Program:................... 2 B-3 Introduction Screen (Regular/Automatic Presentation):.... 2 C Program Menu Options:.................................... 3 C-1 Program Narrative Presentation:.......................... 4 C-2 Financial Planning Main Menu:............................ 5 C-3 Main Utilities Options Menu:............................. 5 C-3-1 User Code:............................... 5 C-3-2 Instructions for HD Installation:........ 6 C-3-3 Special Instructions to Print:........... 7 C-3-4 General Help Training:................... 7 C-3-5 License Agreement:....................... 7 C-4 Customer Service Information & Ordering:................. 8 C-5 Exiting Program:......................................... 8 D FINANCIAL PLANNING MAIN MENU:............................ 8 D-1 Program Instructions/Help:............................... 9 D-1-1 Suggested Procedures for Analysis:....... 9 D-1-2 Financial Planning Subjects Help:........ 9 D-1-3 Questionnaire Instructions Help:......... 10 D-1-4 Personal Data Instructions Help:......... 10 D-2 Planning Subjects Menu:.................................. 10 D-2-1 Total Personal Financial Analysis:....... 10 D-2-2 Income/Expense Statement:................ 11 D-2-3 Balance Sheet (Assets & Liabilities)..... 11 D-2-4 Economic Assumptions:.................... 11 D-2-5 Education Expense Planning:.............. 11 ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- TABLE OF CONTENTS CONTINUED --------------------------- SECTION PROGRAM ITEM PAGE --------- ------------------------------------------------------- ------ D-2 Planning Subjects Menu (Continued) D-2-6 Retirement Planning:..................... 11 D-2-7 Capital Needs (Life Insurance) Planning:. 12 D-2-8 Income Protection (Disability) Planning:. 12 D-2-9 Tax & Inflation Impact:.................. 12 D-2-10 Recap of Information:................... 12 D-2-11 Utilities (To Delete All Data):......... 12 D-3 Print Questionnaire Menu:................................ 13 D-3-1 Financial Planning Analysis Questionnaire: 13 D-3-2 Personal Data Questionnaire:............. 13 D-3-3 Both Questionnaires:..................... 14 D-4 Personal Data:........................................... 14 E Specific Financial Planning Subjects Options Menus:...... 15 F Help/Training Menus:..................................... 19 F-1 General Help/Training:................................... 19 F-1-1 General Problem Items:................... 20 F-1-2 Starting & Operation Program:............ 20 F-1-3 Stopping Program:........................ 21 F-1-4 Printing Problems:....................... 21 F-2 Specific Subjects Instructions/Help:..................... 21 F-2-1 Total Personal Financial Analysis:....... 22 F-2-2 Income/Expense Statement:................ 23 F-2-3 Balance Sheet (Assets & Liabilities)..... 23 F-2-4 Economic Assumptions:.................... 24 F-2-5 Education Expense Planning:.............. 24 F-2-6 Retirement Planning:..................... 25 F-2-7 Capital Needs (Life Insurance) Planning:. 26 F-2-8 Income Protection (Disability) Planning:. 27 F-2-9 Tax & Inflation Impact:.................. 28 F-2-10 Recap of Information:................... 28 F-2-11 Utilities (To Delete All Data):......... 29 G Technical Information:................................... 30 G-1 General & System Requirements:........................... 30 G-2 Files Listing:........................................... 31 ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- SECTION A - INTRODUCTION ------------------------ This Personal Financial Planner program is designed to assist individuals in their own total financial situation analysis. Subjects areas include: Income & Expenses, Assets & Liabilities, Net Worth, Economic Assumptions & Tax Rates, Education Expense, Retirement Needs, Capital Needs (Life Insurance), Income Protection (Disability) and the Impact of Taxes & Inflation on Rates of Return. The accurate completion of this program will help identify any financial problem areas where adjustments may be needed. You may monitor and update information as necessary to know your current status and insure you are on track or what adjustments are needed to achieve your financial goals. This program is always being revised because of changes in the available programs and improvement suggestions from users. If a Total Financial Analysis is important to you, then registration of this program is a valuable asset for your over-all financial planning. ------------------------------------------------------------------------------- SECTION B - INITIAL SCREEN -------------------------- When the Program is Started (Type FPLAN at the DOS Prompt>), the FPLAN logo will appear with the following at the bottom of the screen: ............................................................................... ------------------------------------------------------------------------------- This Program is provided under the Shareware Distribution System. You may feel free to copy and pass this program to others for their evaluation. If you make use of this program, you are expected to submit a registration fee. (See Main Menu Option 4 (Section C-4)//Page 8// for details). ------------------------------------------------------------------------------- Type 1 & Press Return for DEMONSTRATION Program or Just Press Return for REGULAR Program:.... ............................................................................... ------------------------------------------------------------------------------- FPLAN USERS GUIDE Page 1 ------------------------------------------------------------------------------- SECTION B-1 - Demo & Regular Program Option ------------------------------------------- If you have not reviewed the program, suggest you Type 1 & Press Return for the Demonstration Version of the Program (See B-3). The program will not accept any input of data, but will illustrate demo figures and extra explanations of items. If you have reviewed the program or if desired, you may proceed directly to the Main Menu (See Section C). In this mode, the program will accept your own data and avoid general explanation screens. The top of most screens will show the mode the program is in as follows: ............................................................................... FPLAN - PERSONAL FINANCIAL PLANNER - DEMONSTRATION MODE or FPLAN - PERSONAL FINANCIAL PLANNER - REGULAR MODE ............................................................................... Changing of the program between Demo & Regular can be done at Main Utilities Option 1 (User Code) (See C-3-1) or by Exiting and Restarting the program. ------------------------------------------------------------------------------- SECTION B-2 - SUGGESTED INSTRUCTIONS TO USE THIS PROGRAM -------------------------------------------------------- (This program has two main Modes, DEMONSTRATION and REGULAR. Suggest review of the DEMONSTRATION Mode before using the REGULAR Mode.) 1. At the Introduction Screen, choose the AUTOMATIC PRESENTATION (Type 1 and Press Return). After reviewing each screen, Press Return to Continue until you reach the end of the program. This is a quick general review of the programs features and benefits. 2. After the end of the Automatic Presentation, the MAIN MENU will reappear as just the Demonstration Mode. You may choose any item desired for for furthur review. You should, as a minimum, review menu items not presented during the Automatic Presentation. 3. Use the REGULAR MODE of the program. At MAIN MENU choose # 3 Utilities Option Menu. At Utilities Option Menu choose Option # 1 to INPUT USER CODE. Input Shareware User Code - 1234 and proceed to MAIN MENU. The program will then allow for your input and computation of the analysis. (You may also Exit and Restart the Program) For Detailed Instructions See Section D-1-1 on Page 9. ----------------------------------------------------------------------------- SECTION B-3 - INTRODUCTION SCREEN (Regular/Automatic Presentation Option ------------------------------------------------------------------------ FPLAN - PERSONAL FINANCIAL PLANNER - DEMO MODE - INTRODUCTION SCREEN PERSONAL FINANCIAL PLANNER Version X.0 ----------------------------------------------------------------------------- FPLAN USERS GUIDE Page 2 ---------------------------------------------------------------------------- For This DEMONSTRATION you have the Option for an AUTOMATIC PRESENTATION or you may choose to proceed at your choice. If you have not reviewed the program, suggest you use the AUTOMATIC PRESENTATION first. You may STOP the Automatic Presentation when offered that option. This will present the MAIN MENU OF OPTIONS and allow you to proceed by your choice. Type 1 and Press Return for AUTOMATIC PRESENTATION or Just Press Return for MAIN MENU OF OPTIONS:.. ............................................................................... If you have not reviewed the program, suggest you Type 1 & Press Return for the Automatic Demonstration Version of the Program. The program will continue from screen to screen by just Pressing Return. The next option to be presented will be noted by >>>>>. You may cancel the Automatic Presentation by Typeing Z and Pressing Return at each prompt>. This will return the Regular Demo program and the Main Menu. If you have reviewed the program or if desired, you may proceed directly to the Main where you may proceed at your choice to review or select other Demo items. The top of most screens will show the mode the program is in as follows: ............................................................................... FPLAN - PERSONAL FINANCIAL PLANNER - DEMONSTRATION MODE or FPLAN - PERSONAL FINANCIAL PLANNER - DEMO MODE - AUTOMATIC PRESENTATION ............................................................................... At the completion of the Automatic Presentation the following appears: >>>>> This ENDS the AUTOMATIC PRESENTATION - When MAIN MENU reappears, you may proceed at your choice - Press Return for Main Menu:.. Changing of the program between Demo & Regular can be done at Main Utilities Option 1 (User Code) (See C-3-1) or by Exiting and Restarting the program. ------------------------------------------------------------------------------- SECTION C - PROGRAM MENU OPTIONS -------------------------------- The MAIN MENU OF OPTIONS allows for the selection of any of five options: OPTION 1 = Program Narrative Presentation: General Information relative to the features/benefits of the program and First Financial. OPTION 2 = FINANCIAL PLANNING MAIN MENU: Instructions/Help, Subjects Menu, Printing of Questionnaires and Personal Data Input. OPTION 3 = Utilities Options Menu: Presents program maintenance and special options. OPTION 4 = Customer Service and Order Information/Form: Shows where to call for help, price information and to print the Registration Form. OPTION 5 = Exit FPLAN Demonstration Program: Will exit the program and return your computer system to DOS. ------------------------------------------------------------------------------- FPLAN USERS GUIDE Page 3 ------------------------------------------------------------------------------- MAIN MENU OF OPTIONS: FOR DETAILS SEE: SECTION .. PAGE --------------------- ---------------- ------- ---- 1 = Program Narrative Presentation:............... C-1 ..... 4 2 = FINANCIAL PLANNING MAIN MENU:................. D ..... 8 3 = Main Utilities Options Menu:.................. C-3 ..... 5 4 = Customer Service and Order Information/Form:.. C-4 ..... 8 5 = Exit FPLAN Demonstration Program:............. C-5 ..... 8 ------------------------------------------------------------------------------- SECTION C-1 - Program Narrative Presentation -------------------------------------------- First Financial Software has been providing professional financial planning software to professionals (Financial Planners, Stockbrokers, Insurance Agents, CPA's, etc.) since 1982. Our commercial program, FPLAN, covers all aspects of personal financial planning from investments to insurance. Because of the need for an organized approach to financial planning and to make it available to more people, we have decided to provide various FPLAN modules as Shareware. This Personal Financial Planner program is designed to assist individuals in their own total financial situation analysis. Subjects areas include: Income & Expenses, Assets & Liabilities, Net Worth, Economic Assumptions & Tax Rates, Education Expense, Retirement Needs, Capital Needs (Life Insurance), Income Protection (Disability) and the Impact of Taxes & Inflation on Rates of Return. The accurate completion of this program will help identify any financial problem areas where adjustments may be needed. The program was designed to be easy to use, even for those who do not have extensive experience with computers. The program Menus encompass all that you need to know to perform your own Financial Planning Analysis. (In the Demonstration Mode, Each Menu will be preceded by an explanation screen) If you find this program useful and would like more financial planning in this format, we have a few suggestions and requests. 1. Notify your Shareware Distributor to let you know when new FPLAN Modules are available. If you register, we will notify you also. 2. If you are interested in a more detailed financial planning analysis of areas identified with this program, you should order the program in the FPLAN-FINANCIAL PLANNING SERIES concerning that area. A listing of programs in the series is available from Main Menu Option #4. 3. If your a financial planning professional or would like your advisor to consider using the Professional FPLAN Program, order the FPLAN DEMO KIT (See Main Menu Option 4) (Also See Section C-4). 4. Since there are Financial Planning Professionals using FPLAN throughout the US from Hawaii to New York, we can place you in contact with the closest FPLAN user. They would be happy to discuss financial planning and give suggestions for implementation of financial programs. ------------------------------------------------------------------------------- FPLAN USERS GUIDE Page 4 ------------------------------------------------------------------------------- SECTION C-2 - FINANCIAL PLANNING MAIN MENU ------------------------------------------ SEE SECTION D (Page 8) ------------------------------------------------------------------------------- SECTION C-3 - MAIN UTILITIES MENU --------------------------------- The MAIN UTILITIES MENU allows for the selection of any of five options: OPTION 1. TO INPUT USER CODE: Allows for input of User Code to change program from Demonstration to Regular Program or back to Demonstration. OPTION 2. INSTRUCTIONS FOR HD INSTALLATION: Instructions for Hard-Disk and DS/HD or 3 1/2 Diskette Installation. OPTION 3. SPECIAL INSTRUCTIONS FOR PRINTING: Allows for Set-Up to accommodate Laser Printers and comments on printing problems. OPTION 4. GENERAL HELP/TRAINING MENU: Program items explained in detail. OPTION 5. LICENSE AGREEMENT: Our agreement which allows you use the program. ............................................................................... MAIN UTILITIES MENU: FOR DETAILS SEE: SECTION .. PAGE -------------------- ---------------- ------- ---- 1. TO INPUT USER CODE:................................ C-3-1 .... 5 2. INSTRUCTIONS FOR HD INSTALLATION:.................. C-3-2 .... 6 3. SPECIAL INSTRUCTIONS FOR PRINTING:................. C-3-3 .... 7 4. GENERAL HELP/TRAINING MENU:........................ F-1 .... 19 5. LICENSE AGREEMENT:................................. C-3-5 .... 7 ------------------------------------------------------------------------------- SECTION C-3-1 ------------- Utilities Option 1 - USER CODE INPUT (User Code in Use:... XXXX ) ------------------------------------ (Demo) 1. TO INPUT USER CODE (This will ask for a provided 4 digit code which will activate the REGULAR MODE of the program, if desired.) (Regular) 1. TO INPUT USER CODE (You MUST Enter Your 4 Digit User Code or press return for DEMONSTRATION Mode.) The USER CODE system is used for the Commercial Version of FPLAN to validate and authorize use of the program during the lease period. For Shareware, you may enter the USER CODE 1234 to change the Program from DEMONSTRATION to REGULAR Mode. If you enter other than 1234, the Program Mode will change to or continue with the DEMONSTRATION Mode. ------------------------------------------------------------------------------- FPLAN USERS GUIDE Page 5 ------------------------------------------------------------------------------- Various Messages depending on Mode in Use: ------------------------------------------ To Continue with DEMONSTRATION Mode, just Press Return or Enter USER CODE: 1234 to validate the program (Change to Regular Mode). To Input USERS CODE, you must be in REGULAR MODE or NON-AUTOMATIC Presentation You must enter 4 Digit USERS CODE: 1234 or program will revert to DEMO. If Desired, INPUT 4 DIGIT USER CODE AND PRESS RETURN:.... (CANNOT CHANGE WHILE IN AUTOMATIC PRESENTATION) INPUT 4 DIGIT USER CODE AND PRESS RETURN:.... ------------------------------------------------------------------------------- SECTION C-3-2 ------------- Utilities Option 2 - Instructions for HD INSTALLATION ----------------------------------------------------- The current setting will be noted as follows: Program set-up for HD Use (Hard-Disk, DS/HD or 3 1/2). ***************** Program set-up for 2 FLOPPY-DISK (Same Drive) Use. ****************************************** Requires using one drive (usually A). You will be instructed when to change disks. Insure you use the correct disk. This Program Installed on a Hard-Disk will operate much faster. If you use 2 Floppy Disks, you need to always start the program with Disk #1. Type FPLAN at the A>. You may Exit the Program from either Disk. If you exit from Disk #2, the Financial Planning Main Menu will first appear when you run Disk #1 again. To Instal the Program on a Hard-Disk, you should set-up a sub- directory for the program and copy all the files to the Hard-Disk. You may copy either disk in any order. Follow the instructions in your DOS Manual to do this or you may call us for instructions. To Instal the Program on a DS/HD Disk or 3 1/2 Diskette, just copy all files from Disk #1 & #2 to the Disk(ette). NOTE: Using this Option Now will not affect the AUTOMATIC Presentation. Type 1 and Press Return to CHANGE PROGRAM SET-UP or Just Press Return for UTILITIES MENU:..... ------------------------------------------------------------------------------- FPLAN USERS GUIDE Page 6 ------------------------------------------------------------------------------- SECTION C-3-3 ------------- Utilities Option 3 - Special Instructions for Printing ------------------------------------------------------ This Program is now set-up for LASER PRINTERS You may change the set-up to use a regular printer as instructed below. ---- or ---- This Program is now set-up for REGULAR PRINTERS Align top of sheet at paper guide bar on your printer. This will be the proper position on most printers. If you have a Laser Printer you need to change the set-up as instructed below. Most printing problems are due to the printer not being turned on and running out of paper. Before printing the program will ask you if the printer is ready. Please take that time to check. NOTE: This Option is not available in the AUTOMATIC Presentation Mode. Type 1 and Press Return to CHANGE PRINTER SET-UP or Just Press Return for UTILITIES MENU:..... ------------------------------------------------------------------------------- SECTION C-3-4 - Utilities Option 4 - General Help/Training Menu --------------------------------------------------------------- SEE SECTION F-1 (Page 19) ------------------------------------------------------------------------------- SECTION C-3-5 - Utilities Option 5 - License Agreement ------------------------------------------------------ FPLAN COMPUTER PROGRAM LICENSE AGREEMENT - LICENSOR: First Financial Software ------------------------------------------------------------------------------- 1. COPYRIGHT: THIS PROGRAM IS PROTECTED BY FEDERAL COPYRIGHT LAW. THE PROGRAM REMAINS THE EXCLUSIVE PROPERTY OF THE LICENSOR. THE USER IS GRANTED A NON- EXCLUSIVE LICENSE TO USE THE PROGRAM. THE USER MAY NOT SELL OR USE THIS PROGRAM FOR COMMERCIAL PURPOSES. AFTER AN INITIAL REVIEW PERIOD, THE USER WILL PAY A REGISTRATION FEE, AS NOTED IN THE PROGRAM, FOR CONTINUED USE OF THE PROGRAM. 2. INSTALLATION OF PROGRAM: THE USER WILL PROVIDE ANY NECESSARY OPERATION MS- DOS OR RELATED SOFTWARE TO OPERATE THE PROGRAM. 3. EXCLUSION OF WARRANTY: THE PROGRAM IS PROVIDED 'AS IS' WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESSED OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR ANY PARTICULAR PURPOSE. 4 LIMITATION OF LIABILITY: FIRST FINANCIAL SOFTWARE OR ITS PRINCIPALS, EMPLOYEES OR ANY RELATED COMPANIES SHALL NOT BE LIABLE FOR ANY DAMAGES (WHETHER DIRECT OR INDIRECT, CONSEQUENTIAL OR INCIDENTAL, COMPENSATORY OR PUNITUVE) ARISING OUT OF THE USE OR INABILITY TO USE THE PROGRAM. THIS PROGRAM IS NOT INTENDED TO PROVIDE INVESTMENT/LEGAL ADVICE. CONSULT YOUR PROFESSIONAL ADVISOR. 5. ENTIRE AGREEMENT, MODIFICATIONS: THE USE OF THE PROGRAM OR ANY RELATED MATERIAL IS DEFACTO ACCEPTANCE OF THIS AGREEMENT. THIS INSTRUMENT CONSTITUTES THE ENTIRE AGREEMENT OF THE PARTIES. NO MODIFICATION OR AMENDMENT OF THIS AGREEMENT SHALL BE BINDING EXCEPT IF IN WRITING AND SIGNED BY THE PARTIES. Note: Telephone Support Not Provided for Commercial Use of Program. ------------------------------------------------------------------------------- FPLAN USERS GUIDE Page 7 ------------------------------------------------------------------------------ SECTION C-4 - CUSTOMER SERVICE AND ORDER INFORMATION/FORM: ---------------------------------------------------------- Any questions regarding this program can be directed to Customer Service: First Financial Software .... Please Call: 1-800-736-4920 P.O. Box 592967 (Messages taken 24 hours/day) Orlando, FL 32859-2967 ------------------------------------------------------------------------------ This Program is provided under the Shareware System. If you wish to use the program after your initial review, a Registration Fee of $ 30.00 is requested. Payment of the Registration fee will provide the latest version, telephone support, 20% discount on other FPLAN Programs and a 50% discount on future versions. Registration can be made with Visa, Master Card, American Express or Discover Credit Cards. Call us or see ORDER.FRM file from DOS prompt. Please submit a completed FPLAN ORDER FORM to effect registration, order evaluation disks and/or order a FPLAN Commercial Version Demonstration Kit. (Printing of Order Form will not affect Automatic Presentation) (You can print the FPLAN ORDER FORM from the Regular Program or from DOS> at ORDER.FRM (See README.1ST File) ------------------------------------------------------------------------ SECTION C-5 - EXIT OF PROGRAM ----------------------------- (From DEMO) 5 = Exit FPLAN Demonstration Program. (To Use the Automatic Presentation, you must exit and Restart the Program) (From Regular) 5 = Exit FPLAN Program. Choosing this option will bring FPLAN Logo screen & return your system to DOS> ------------------------------------------------------------------------------- SECTION D - FINANCIAL PLANNING MAIN MENU ------------------------------------------------------------------------------ The FINANCIAL PLANNING MAIN MENU allows for the selection of four options: OPTION 1. PROGRAM INSTRUCTIONS/HELP: Suggested Procedures for Your Analysis. Purpose/Features, Special Input/Options, Rational for Computations and Normal Problems for each Planning Subject. Explains Personal Data and Questionnaire Forms. OPTION 2. PLANNING SUBJECTS MENU: Option for Total Analysis or Individual Financial Planning Subjects. OPTION 3. PRINT QUESTIONNAIRES MENU: Used for printing of Financial Analysis, Personal Data, Insurance and Planning Check-List Questionnaires. OPTION 4. PERSONAL DATA: Input and Saving of Personal Data Information. .............................................................................. FINANCIAL PLANNING MAIN MENU FOR DETAILS SEE: SECTION .. PAGE ---------------------------- ---------------- ------- ---- 0 MAIN MENU:.............................................. C ... 3 1 PROGRAM INSTRUCTIONS/HELP:.............................. D-1 ... 9 2 PLANNING SUBJECTS MENU:................................. D-2 ... 10 3 PRINT QUESTIONNAIRE MENU:............................... D-3 ... 13 4 PERSONAL DATA:.......................................... D-4 ... 14 ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 8 ------------------------------------------------------------------------------ SECTION D-1 - Program Instructions/Help --------------------------------------- .............................................................................. INSTRUCTIONS/HELP MENU FOR DETAILS SEE: SECTION .. PAGE ---------------------- ---------------- ------- ---- 1 Suggested Procedures for Your Financial Analysis:....... D-1-1 ... 9 2 Financial Planning Subjects Instructions/Help Menu:..... D-1-2 ... 9 3 Questionnaire Instructions/Help:........................ D-1-3 ... 10 4 Personal Data Information:.............................. D-1-4 ... 10 ------------------------------------------------------------------------------ SECTION D-1-1 - Suggested Procedures for Your Financial Analysis ---------------------------------------------------------------- The following procedures, if followed, should miminize the time necessary for the most effective use of this program to help you in preparing your own personal financial plan (Also See Section B-2 on Page 2). 1. Start the program and Type 1 for the Demonstration Mode. 2. At the Introduction Screen Type 1 for the AUTOMATIC PRESENTATION. Review the information to familiar yourself with the major program features and benefits. 3. At the end of the Automatic Presentation choose items desired for more detailed review. 4. Either Exit the program and start the Regular Mode (Just Press Return at the logo screen) or Choose Utilities Option #1 - User Code and input 1234 to change from Demo to Regular Program Mode. 5. Choose Program Menu Option #2 - Financial Planning Main Menu. 6. At Financial Planning Main Menu Choose Option #3 - Print Questionnaire Menu. 7. Choose Option #1 to Print Financial Planning Questionnaire. Complete the Questionnaire. 8. After the Questionnaire is completed, Choose Option #2 of the Financial Planning Main Menu - Planning Subjects Menu. 9. Choose Option #1 for the Total Personal Financial Analysis and input the data from your questionnaire. 10. You may print the illustrations as you go or after all data has been entered and reviewed. ------------------------------------------------------------------------------ SECTION D-1-2 - Financial Planning Subjects Instructions/Help Menu ------------------------------------------------------------------ For the 11 Financial Planning Subjects , the following items are available: 1. GENERAL: Explain Purpose of Analysis Item (See Planning Main Menu Item #2 Section D-2) 2. SPECIAL FEATURES: Special Options and Input Features 3. EXPLANATIONS: Rational for Computations 4. NORMAL PROBLEMS: What Problems Usually Happen (See Specific Subjects Help/Training Section F-2) Individual items are not reviewed from the AUTOMATIC Presentation, but you can and should review each one from the Non-Automatic Demonstration Mode or Regular Mode. ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 9 ------------------------------------------------------------------------------ SECTION D-1-3 QUESTIONNAIRE INSTRUCTIONS/HELP ---------------------------------------------- SEE SECTION D-3 (Page 13) ------------------------------------------------------------------------------ SECTION D-1-4 Personal Data --------------------------- Personal Data can be entered, saved and edited in this module. (See Section D-3-2, page 13 and Section E, page 15) ------------------------------------------------------------------------------ SECTION D-2 - PLANNING SUBJECTS MENU: ------------------------------------- For the 11 Financial Planning Subjects (See Financial Planning Subjects Help Section D-1-2 and Specific Subjects Help/Training Section F-2), the following items are available: .............................................................................. PLANNING SUBJECTS MENU FOR DETAILS SEE: SECTION .. PAGE ---------------------- ---------------- ------- ---- 1 TOTAL PERSONAL FINANCIAL ANALYSIS (All Subjects):....... D-2-1 ... 10 2 INCOME/EXPENSE STATEMENT:............................... D-2-2 ... 11 3 BALANCE SHEET (Assets, Liabilities & Net Worth):........ D-2-3 ... 11 4 ECONOMIC ASSUMPTIONS (Inflation & Taxes):............... D-2-4 ... 11 5 EDUCATION EXPENSE PLANNING:............................. D-2-5 ... 11 6 RETIREMENT PLANNING:.................................... D-2-6 ... 11 7 CAPITAL NEEDS (Life Insurance) PLANNING:................ D-2-7 ... 12 8 INCOME PROTECTION (Disability) PLANNING:................ D-2-8 ... 12 9 TAX & INFLATION IMPACT:................................. D-2-9 ... 12 10 RECAP OF INFORMATION:................................... D-2-10... 12 11 UTILITIES MENU (To Delete All Data):.................... D-2-11... 12 ------------------------------------------------------------------------------ ------------------------------------------------------------------------------ SECTION D-2-1 - ITEM #1. TOTAL PERSONAL FINANCIAL ANALYSIS (All Subjects) ------------------------------------------------------------------------- WITH THIS OPTION EACH OF THE PLANNING SUBJECTS WILL BE PRESENTED IN THE ORDER OF THE PLANNING SUBJECTS MENU. ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 10 ------------------------------------------------------------------------------ SECTION D-2-2 - ITEM #2. INCOME/EXPENSE STATEMENT ------------------------------------------------- THIS MODULE COMPARES INCOME TO EXPENSES FOR A CASH FLOW ANALYSIS. INDIVIDUALS WILL NORMALLY ACCOUNT FOR ABOUT 80% OF THEIR INCOME. IF UNDISTRIBUTED AMOUNT IS NEGATIVE=YOU ARE SPENDING MORE THAN YOU MAKE. A POSSIBLE CASH FLOW PROBLEM EXISTS. IF UNDISTRIBUTED AMOUNT IS LARGE=YOU HAVE NOT ACCOUNTED FOR THE DISBURSEMENTS ACCURATELY. ------------------------------------------------------------------------------ SECTION D-2-3 - ITEM #3. BALANCE SHEET (Assets, Liabilities & Net Worth) ------------------------------------------------------------------------ THIS MODULE LIST ASSETS AND LIABILITIES TO DETERMINE YOUR NET WORTH AS OF THE DATE NOTED. ------------------------------------------------------------------------------ SECTION D-2-4 - ITEM #4. ECONOMIC ASSUMPTIONS (Inflation & Taxes) ----------------------------------------------------------------- THIS MODULE WILL SHOW THE ECONOMIC ASSUMPTIONS USED THROUGHOUT THE TOTAL FINANCIAL PLANNING ANALYSIS. THIS MODULE WILL SHOW THE EMERGENCY FUND REQUIREMENTS THAT SHOULD BE COVERED BY CREDIT OR LIQUID CASH TYPE ASSETS. (NORMAL GUIDELINE IS 3 MONTHS TOTAL EXPENSES) ------------------------------------------------------------------------------ SECTION D-2-5 - ITEM #5. EDUCATION EXPENSE PLANNING --------------------------------------------------- THIS MODULE WILL SHOW THE REQUIRED LUMP-SUM OR YEARLY DEPOSIT AMOUNT TO FUND THE INFLATION ADJUSTED EDUCATION REQUIREMENT FOR EACH CHILD AND AS A TOTAL AND A NET REQUIREMENT USING THE ASSUMED AFTER TAX YIELD/GROWTH RATE ON EDUCATION FUND. ------------------------------------------------------------------------------ SECTION D-2-6 - ITEM #6. RETIREMENT PLANNING -------------------------------------------- THIS MODULE WILL SHOW RETIREMENT INCOME REQUIRED ADJUSTED FOR INFLATION. GROWTH OF RETIREMENT ITEMS AND FUTURE INCOME. NET AMOUNT BASED ON RATE OF RETURN ASSUMTIONS AND IF SHORT, THE AMOUNT OF FUNDING REQUIRED BOTH AS A LUMP SUM AND YEARLY DEPOSIT AMOUNT. ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 11 ------------------------------------------------------------------------------ SECTION D-2-7 - ITEM #7. CAPITAL NEEDS (Life Insurance) PLANNING ---------------------------------------------------------------- THIS MODULE WILL SHOW IF CURRENT INSURANCE AND ASSETS ARE ENOUGH TO PROVIDE THE INDICATED MONTHLY INCOME DESIRED. MODULE USED TO JUSTIFY THE NEED TO INCREASE OR DECREASE LIFE INSURANCE AND THE EFFECT OF A CHANGE IN RATE OF RETURN ON NET CAPITAL INVESTED. IF CURRENT NET CAPITAL IS NOT ADEQUATE, WILL SHOW AMOUNT OF LIFE INSURANCE THAT NEEDS TO BE INCREASED. ------------------------------------------------------------------------------ SECTION D-2-8 - ITEM #8. INCOME PROTECTION (Disability) PLANNING ---------------------------------------------------------------- THIS MODULE WILL SHOW IF BASED ON AVAILABLE CURRENT RESOURCES, YOU CAN COVER THE INDICATED MONTHLY INCOME REQUIREMENTS IN THE CASE OF DISABILITY. ------------------------------------------------------------------------------ SECTION D-2-9 - ITEM #9. TAX & INFLATION IMPACT ----------------------------------------------- THIS MODULE WILL SHOW THE EFFECTS OF TAXES AND INFLATION ON VARIOUS BEFORE TAX RATES FROM 5.00% TO 18.00% IN HALF PERCENT INTERVALS. WILL COMPUTE THE BREAKEVEN RATES OF RETURN FOR TAXABLE AND TAX-FREE RATES OF RETURN. ------------------------------------------------------------------------------ SECTION D-2-10 - ITEM #10. RECAP OF INFORMATION ----------------------------------------------- THIS MODULE WILL SHOW A RECAP OF THE MAIN COMPUTATIONS FROM ALL THE OTHER FINANCIAL PLANNING ANALYSIS MODULES. ------------------------------------------------------------------------------ SECTION D-2-11 - ITEM #11. UTILITIES MENU (To Delete All Data) -------------------------------------------------------------- THIS OPTION IS USED TO ERASE ALL EXISTING DATA IN THE PROGRAM. (ALSO SEE SECTION F-2-11) THE FOLLOWING SCREEN APPEARS WHEN CHOOSING THIS OPTION: ....................................................................... DELETE DATA FILE INSTRUCTIONS ----------------------------- If You Elect to Delete ALL Files, ALL Data will be Erased. Make SURE this is what you want to do! ----------------------------------------------------------- Type 1 and Press Return to DELETE ALL DATA FILES or Just Press Return to CANCEL and Return to MENU:...... ....................................................................... If option is choosen and you are using 2 floppy disks, you will be instructed to remove Disk#2 and replace with Disk#1 and repeat the delete data instructions. ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 12 ------------------------------------------------------------------------------ SECTION D-3 - Print Questionnaires Menu --------------------------------------- .............................................................................. PRINT QUESTIONNAIRES MENU FOR DETAILS SEE: SECTION .. PAGE ------------------------- ---------------- ------- ---- 1 Financial Planning Analysis Questionnaire:.............. D-3-1 ... 13 2 Personal Data Questionnaire:............................ D-3-2 ... 13 3 Both Questionnaires:.................................... D-3-3 ... 14 ------------------------------------------------------------------------------ SECTION D-3-1 Financial Planning Analysis Questionnaire ------------------------------------------------------- (Includes Cover Sheet and Planning Subjects for for Computer Analysis - 10 Pages) In addition to a 1 Page Cover Sheet, the following 9 Pages are provided for the Financial Planning Analysis Questionnaire: The detailed 9 Page questionnaire is designed to gather the information necessary to provide an analysis of your current financial condition and to help you determine your future tax and financial objectives. As you complete the questionnaire, please keep in mind that the accuracy of the analysis and, therefore its value to you can only be as good as the answers you provide. If a question cannot be answered exactly right, use a reasonable estimate. Average figures and percentages are provided wherever possible to help you decide on reasonable estimates where actual numbers may not be readily available. This analysis is not to be considered tax, legal or investment advice. Consult a licensed professional for advice. If a question does not apply, do not answer it. Please round-off all answers to the nearest dollar. ------------------------------------------------------------------------------ SECTION D-3-2 Personal Data Questionnaire ----------------------------------------- (Includes Cover Sheet, Personal Data, Insurance Information Form & Planning Check-List - 5 Pages) In addition to a 1 Page Cover Sheet, the following 3 Forms are provided: 1. Personal Information (1 Page): ------------------------------ Information is relative to your family and can be entered into the program and saved using Option #4 at the Financial Planning Main Menu - Personal Data Information. 2. Insurance Information (2 Pages): -------------------------------- Information relative to all insurance policies. This completed form should be placed in a location where it can be made available in case of an emergency or problem where you are not available. 3. Checklist for Financial Planning Review (1 Page): ------------------------------------------------- This should be used for an organized review of your total financial situation ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 13 ------------------------------------------------------------------------------ SECTION D-3-3 Both Questionnaires (15 Pages) --------------------------------------------- Choosing this Option will print ALL Questionnaires/Forms. ------------------------------------------------------------------------------ The Following screen will appear after Option Choice: .................................................................. QUESTIONNAIRE PRINT PROGRAM --------------------------- ---------------------------------------------------------- Printer Set-Up for: Regular (or Laser) Printer (Can Change at MAIN UTILITIES MENU Option #3) Will PRINT //Items Choosen// These Questionnaires/Forms are //xx// Pages. ---------------------------------------------------------- Printer Ready? (To CANCEL Printing, Type 2 & Press Return) ---------------------------------------------------------- Type 1 & Press Return to Print Continuous (Fan-Fold Paper) or Just Press Return and Printing will Pause between Pages. .................................................................. Make sure your printer is ON and paper is ready or Type 2 to Cancel. The MENU SCREEN Will Return after Printing. ------------------------------------------------------------------------------ SECTION D-4 Personal Data ------------------------- Personal Data can be entered, saved and edited in this module. (See Section D-3-2, page 13 and Section E, page 15) ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 14 ------------------------------------------------------------------------------ SECTION E SPECIFIC SUBJECTS OPTION SCREENS ------------------------------------------------------------------------------ This Section will explain the various Data Input items as follows: .............................................................................. SPECIFIC SUBJECTS OPTION SCREENS FOR DETAILS SEE: SECTION .. PAGE -------------------------------- ---------------- ------- ---- 1 NORMAL SCREEN OPTION MENU:.............................. E-1 ... 15 OPTION 0 (PRESS RETURN) SAVES DATA:................ E-1-1 ... 16 OPTION 1 ENTER ALL INFORMATION:.................... E-1-2 ... 16 OPTION 2 PRINT DETAILED ILLUSTRATION:.............. E-1-3 ... 16 OPTION 3 EXIT NOT SAVING NEW DATA:................. E-1-4 ... 17 2 EXCEPTIONS SCREEN OPTION MENUS:......................... E-2 ... 17 PERSONAL DATA:..................................... E-2-1 ... 17 TOTAL ANALYSIS:.................................... E-2-2 ... 17 EDUCATION PLANNING:................................ E-2-3 ... 17 RETIREMENT PLANNING:............................... E-2-4 ... 18 RECAP OF INFORMATION:.............................. E-2-5 ... 18 3 SPECIAL ECONOMIC ASSUMPTIONS DATA INPUT:................ E-3 ... 18 RATE OF RETURN:.................................... E-3-1 ... 18 INFLATION:......................................... E-3-2 ... 18 MARGINAL TAX BRACKET:.............................. E-3-3 ... 19 ------------------------------------------------------------------------------ SECTION E-1 NORMAL SCREEN OPTION MENU -------------------------------------- All the Financial Planning Modules have the following Input Data Options offered at the bottom of the original screen except as noted in Section E-2. Options: (Press Return): Saves Data and Return to Main Menu or Continue to next Subject (See E-1-1) 1. Enter ALL Information (See E-1-2) 2. Print Detailed Illustration (See E-1-3) 3. Exit to Main Menu (Not Saving New Data) (See E-1-4) ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 15 ------------------------------------------------------------------------------ SECTION E-1-1 OPTION 0 (PRESS RETURN) SAVES DATA ------------------------------------------------ If you WANT to SAVE NEW/CHANGED DATA and In the Module Analysis, Return to the MAIN MENU - Just Press Return In the Total Analysis, Continue to next Module - Just Press Return NOTE: This will SAVE ALL NEW/CHANGED DATA for the MODULE In-Use MAKE SURE YOU WANT TO DO THIS - Use Option #3 to NOT SAVE any NEW/CHANGED DATA and keep the Data last SAVED. ------------------------------------------------------------------------------ SECTION E-1-2 OPTION 1 ENTER ALL INFORMATION -------------------------------------------- Will present ALL the input Data Requirements noted on each respective Questionnaire. If you want to use the Current Noted Data, Just Press Return. If you want to change the Current Noted Data to 0 (Zero), Type 1 & Press Return. ------------------------------------------------------------------------------ SECTION E-1-3 OPTION 2 PRINT DETAILED ILLUSTRATION -------------------------------------------------- To Print the Illustration for the Subject, Choose this Option. The following Screen will appear: .............................................................................. Module PRINT ILLUSTRATION Items: -------------------------------- -------------------------------------------------------- Printer Set-Up for: /Regular or Laser/ (Can Change at MAIN UTILITIES MENU Option #3) Will PRINT Current Situation Illustration This Illustration will be /Number of/ Page(s) (To CANCEL this PRINT - Type 1 & Press Return) -------------------------------------------------------- - PRINTER READY? (If Not, Type 1) - Press Return to PRINT ILLUSTRATION - .............................................................................. After printing the Option Screen will reappear. ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 16 ------------------------------------------------------------------------------ SECTION E-1-4 OPTION 3 EXIT NOT SAVING NEW DATA ----------------------------------------------- If you WANT to NOT SAVE any NEW/CHANGED DATA and Return to the MAIN MENU - TYPE 3 and Press Return NOTE: This will NOT SAVE ANY NEW/CHANGED DATA for the MODULE In-Use MAKE SURE YOU WANT TO DO THIS - Use this option to NOT SAVE any NEW/CHANGED DATA and keep the Data last SAVED. ------------------------------------------------------------------------------ SECTION E-2 EXCEPTIONS SCREEN OPTION MENUS ------------------------------------------- This Section will explain the exceptions to the Options noted in Section E-1. ------------------------------------------------------------------------------ SECTION E-2-1 PERSONAL DATA --------------------------- In addition to Options noted in E-1, the following are available: 4. Edit Existing Data: Will present option screen to change individual items of data. 5. Review Data Again: Since the module has two main screens, you can view screen 1 or 2 and return to the other. ------------------------------------------------------------------------------ SECTION E-2-2 TOTAL ANALYSIS ---------------------------- If you WANT to SAVE NEW/CHANGED DATA and Continue to the next Subject, Just Press Return NOTE: This will SAVE ALL NEW/CHANGED DATA for the MODULE In-Use MAKE SURE YOU WANT TO DO THIS Use Option #3 to NOT SAVE any NEW/CHANGED DATA and return to the Main Menu. This will keep the Data last SAVED. ------------------------------------------------------------------------------ SECTION E-2-3 EDUCATION PLANNING -------------------------------- If you want to bypass this module because you have no education planning needs, Type 1 and Press Return. No reference to education will be used in the analysis. Option #1 will present a Data Input Selection Menu Option #2 will present a Print Options Menu ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 17 ------------------------------------------------------------------------------ SECTION E-2-4 RETIREMENT PLANNING --------------------------------- If you want to bypass this module because you have no retirement planning needs, Type 1 and Press Return. No reference to retirement will be used in the analysis. If you have not enter Economic Assumptions Data (Subject #3), Option to do so will be presented. ------------------------------------------------------------------------------ SECTION E-2-5 RECAP OF INFORMATION ---------------------------------- Option #1 and #3 are not available since there is no data input. ------------------------------------------------------------------------------ SECTION E-3 SPECIAL ECONOMIC ASSUMPTIONS DATA INPUT ---------------------------------------------------- The follow items are required throughout the program for a meaningful analysis. They are presented in Subject #3, Economic Assumptions. If you choose an individual subject which need this information, the input will be presented ------------------------------------------------------------------------------ SECTION E-3-1 RATE OF RETURN ---------------------------- Enter the interest rate which you assume your taxable investments or savings can earn, on average between now and your retirement or for the next 10 or so years. In the absence of a preference, suggest using a 8% before-tax yield/growth rate. The CURRENT Before-Tax Growth/Yield Rate in Use will be shown. Input New Rate, Press Return for 8% or Type 1 and Press Return for 0 (zero) ------------------------------------------------------------------------------ SECTION E-3-2 INFLATION ----------------------- Enter the average annual rate of inflation between now and your retirement or for the next 10 or so years. (As a guide, historically inflation has been around 3 percentage points less than the investment/savings yield rate) In the absence of a preference, suggest using a 5% inflation rate. The CURRENT Annual Inflation Rate in Use will be shown. Input New Rate, Press Return for 5% or Type 1 and Press Return for 0 (zero) ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 18 ------------------------------------------------------------------------------ SECTION E-3-3 MARGINAL TAX BRACKET ---------------------------------- Using the provided Federal Marginal Tax Rates as a guide, estimate and enter your assumed Marginal Tax Rate. That is, the proportion of every additional dollar of taxable income you earn that will be paid out in taxes (Federal, State and Local, as appropriate). In the absence of any preference, suggest using a 25% Marginal Tax Rate. The CURRENT Marginal Tax Bracket Rate in Use will be shown. Input New Bracket, Press Return for 25% or Type 1 and Press Return for 0 (zero) ------------------------------------------------------------------------------ SECTION F - HELP/TRAINING MENUS ------------------------------- SECTION F-1 - Utilities Option 4 - GENERAL HELP/TRAINING MENU ------------------------------------------------------------- We will not review the individual items from the AUTOMATIC Presentation, but you can and should review each one from the Non-Automatic Demonstration Mode or Regular Mode. MOST ALL PROBLEMS CAN BE SOLVED BY REVIEWING HELP/TRAINING RELATIVE TO THE ITEM IN QUESTION. IF YOU NEED OTHER HELP - CALL 1-800-736-4920 - IF NO-ONE IS AVAILABLE OR IF AFTER HOURS - LEAVE YOU NAME, NUMBER AND BEST TIME TO CALL YOU BACK. 1. GENERAL OPERATING ITEMS (General Problems and How to Fix) 2. STARTING & OPERATING PROGRAM 3. STOPPING PROGRAM (Various Ways) 4. PRINTING (Various Problems and Solutions) ............................................................................ GENERAL HELP/TRAINING MENU FOR DETAILS SEE: SECTION .. PAGE -------------------------- ---------------- ------- ---- 1. GENERAL OPERATING ITEMS:........................... F-1-1 ... 20 2. STARTING & OPERATING PROGRAM:...................... F-1-2 ... 20 3. STOPPING Program:.................................. F-1-3 ... 21 4. PRINTING:.......................................... F-1-4 ... 21 ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 19 ------------------------------------------------------------------------------- SECTION F-1-1 - GENERAL HELP/TRAINING MENU OPTION #1: GENERAL OPERATING ITEMS ----------------------------------------------------------------------------- GENERAL PROBLEMS WITH THE PROGRAM NOT OPERATING CORRECTLY AND SUGGESTED CORRECTIVE MEASURES=FIX 1. (FLOPPY DISK) You Started your system, the program didn't run and displayed the message 'Non-System disk or disk error': Didn't Boot your system with your DOS Disk first. FIX=Re-Boot your system with DOS Disk first. 2. (FLOPPY DISK) You Typed - FPLAN and the program didn't run and displayed The MESSAGE 'Bad command of file name': You do not have Disk #1 in the proper drive or when choosing the Financial Planning Main Menu item, you did not change the disk to Disk #2. FIX=Make sure proper Disk is installed. Note: the program must run on the same drive. 3. (FLOPPY DISK) You Tried to Save or Delete Data from the Personal Info Module on Disk #1 and the program displayed the MESSAGE 'Too Many Files': Disk vendor added a too large file to Disk #1 for Distribution. FIX=Make back-up copy of Disk #1, Erase the UGUIDE.TXT file from the your work disk. 4. (HARD-DISK) You Typed - FPLAN and the program didn't run and displayed The MESSAGE 'Bad command of file name': You are not in the Proper Sub- Directory and/or correct Drive. FIX=If installed on Drive X - on X> type CD\Proper Directory, Press Return, Then Type FPLAN and Press Return. 5. Report/Questionnaire will not print: Some kind of Printer Problem. FIX=Insure your printer is on and connected correctly. 6. The program will only display DEMONSTRATION Information: Incorrect USERS CODE or Started wrong Module. FIX=INPUT CORRECT USERS CODE (1234) in Utilities Option 1 and DO NOT start any program other than FPLAN. ------------------------------------------------------------------------------- SECTION F-1-2 - HELP/TRAINING MENU OPTION #2 STARTING & OPERATING PROGRAM ------------------------------------------------------------------------- To Start the Program: At the DOS prompt > for the Drive where the program is located, type FPLAN and Press Return (Disk #1 ONLY). If while operating the program you incurr the following messages: Type mismatch in module XXXXX at address XXX:XXX - Hit any key to return to system - means there is a problem with the program. Reinstall program if on a hard-disk and/or try again. If the Problem is still present, contact your distributor or us for replacement program disks. File not found in module XXXXX at address XXX:XXX - Hit any key to return to system - means there is a file missing from your disk or sub-directory. Certain programs are required to be present for the program to work (See Section G-2, Page 31 for detailed listing). If you do not have these files, contact your distributor or us for replacement program disks. ------------------------------------------------------------------------------- FPLAN USERS GUIDE Page 20 ------------------------------------------------------------------------------- SECTION F-1-3 - GENERAL HELP/TRAINING MENU OPTION #3: STOPPING PROGRAM ---------------------------------------------------------------------- THREE WAYS CAN BE USED TO EXIT THE PROGRAM: 1. Normally use Option #5 of the Main Menu of Options. In the planning Module use Option #3 (Not Saving New/Changed Data) or Press Return (Saving New/Changed Data) to Return to Main Menu of Options. 2. While any place in the Program, Hold CTRL and Press the Break Key. *Break* Hit any key to return to system - will appear. No New or Changed Data will be saved and when the program is restarted, it will start at the last main menu used. 3. While any place in the Program, Turn OFF your Computer Systems. No New or Changed Data will be saved and when the program is restarted, it will start at the last main menu used. (Suggest ONLY using Item One for EXIT of the Program) ------------------------------------------------------------------------------- SECTION F-1-4 - GENERAL HELP/TRAINING MENU OPTION #4: PRINTING -------------------------------------------------------------- PRINT THE SCREEN: ON MOST SYSTEMS=Hold Shift Key and Press PrtSc KEEPS PRINTING SAME ILLUSTRATION OVER & OVER: Usually Problem with a Damaged Disk or Program. TRIED TO PRINT BUT DISPLAYED MESSAGE: Device fault/timeout in module XXXXX at address XXX:XXX - Hit any key to return to system - means: Printer was NOT ON, NO PAPER or PAPER JAM. You need to fix the problem and start over. Any changed or new data will not be saved. DOES NOT PRINT AND HAS STRANGE SCREEN MESSAGES: Problem with Computer or Printer. Try Turning OFF then Turning ON Printer. NOTE: THIS WILL ALSO CLEAR PRINT BUFFER OF TEXT. SPACING OF TEXT IS NOT CORRECT: Problem with Printer Dip Switches. Need to Refer to Your Printer Manual. SPACING OF PAGES IS NOT CORRECT: See Spacing of Text Above or If You Have a LAZER PRINTER it needs to be setup in MAIN UTILITIES MENU #3. ----------------------------------------------------------------------------- SECTION F-2 - SPECIFIC SUBJECTS HELP/TRAINING --------------------------------------------- For the 9 Specific Financial Planning Subjects (See Financial Planning Subjects Help Section D-1-2 and Planning Subjects Menu Section D-2), the following items are available: 1. SPECIAL FEATURES: Special Options and Input Features 2. EXPLANATIONS: Rational for Computations 3. NORMAL PROBLEMS: What Problems Usually Happen (FOR GENERAL: Explain Purpose of Analysis Item, See Planning Main Menu Item #2 Section D-2) ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 21 ------------------------------------------------------------------------------ NORMAL PROBLEMS ASSOCIATED WITH ALL DATA INPUT/MODULES ------------------------------------------------------ INPUT of Decimals i.e. .28 Instead of Whole Numbers i.e. 28 for Per-Cent Data. INPUT of $ Signs or Commas i.e. $1000 or 1,000 Instead of 1000 for $ Number Data. Trying to Input Data while in DEMONSTRATION MODE. Changing the MODE is done in MAIN MENU Utilities Option #1 or at General Utilities/Edit Menu Option #4. Starting the Program from other than FPLAN. Stopping the Program from other than Option #5 of MAIN MENU. Trying to Print without the Printer being ON. .............................................................................. PLANNING INSTRUCTIONS/HELP MENU FOR DETAILS SEE: SECTION .. PAGE ------------------------------- ---------------- ------- ---- 1 TOTAL PERSONAL FINANCIAL ANALYSIS (All Subjects):....... F-2-1 ... 22 2 INCOME/EXPENSE STATEMENT:............................... F-2-2 ... 23 3 BALANCE SHEET (Assets, Liabilities & Net Worth):........ F-2-3 ... 23 4 ECONOMIC ASSUMPTIONS (Inflation & Taxes):............... F-2-4 ... 24 5 EDUCATION EXPENSE PLANNING:............................. F-2-5 ... 24 6 RETIREMENT PLANNING:.................................... F-2-6 ... 25 7 CAPITAL NEEDS (Life Insurance) PLANNING:................ F-2-7 ... 26 8 INCOME PROTECTION (Disability) PLANNING:................ F-2-8 ... 27 9 TAX & INFLATION IMPACT:................................. F-2-9 ... 28 10 RECAP OF INFORMATION:................................... F-2-10... 28 11 UTILITIES MENU (To Delete All Data):.................... F-2-11... 29 ------------------------------------------------------------------------------ SECTION F-2-1 - ITEM #1. TOTAL PERSONAL FINANCIAL ANALYSIS (All Subjects) ------------------------------------------------------------------------- WITH THIS OPTION EACH OF THE PLANNING SUBJECTS WILL BE PRESENTED IN THE ORDER OF THE PLANNING SUBJECTS MENU. AT EACH MODULES OPTION MENU PRESS RETURN TO CONTINUE TO THE NEXT MODULE SAVING DATA AS YOU GO. IF YOU DESIRE TO STOP - USE OPTION 3 TO RETURN TO MAIN MENU (NOTE: WILL NOT SAVE DATA FROM THAT MODULE) MOST MODULES ALLOW FOR INPUT OF DATA USING OPTION #1 AND PRINTING OF A DETAILED ILLUSTRATION USING OPTION #2. YOU CAN PRINT THE ILLUSTRATIONS AS YOU COMPLETE EACH MODULE OR WAIT UNTIL COMPLETED ALL. WHEN YOU DESIRE TO UPDATE OR CHANGE ANY DATA, YOU ONLY NEED TO CHANGE THE DATA IN THE SPECIFIC MODULE. THE PROGRAM WILL INTEGRATE THE DATA TO ALL APPROPRIATE MODULES EFFECTED BY THE CHANGE. ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 22 ------------------------------------------------------------------------------ SECTION F-2-2 - ITEM #2. INCOME/EXPENSE STATEMENT ------------------------------------------------- 1. SPECIAL FEATURES: AT INPUT C(16) SOCIAL SECURITY: PROGRAM WILL COMPUTE SOCIAL SECURITY TAXES BASED ON YOUR AND SPOUSES INCOME AMOUNTS (B1 AND B2). YOU CAN USE COMPUTED AMOUNT OR YOUR OWN AMOUNT. COMPUTES BASED ON MAX INCOME $ 53,400 at the Rate of 7.65% and from $ 53,400 to $ 125,000 at Medicare Tax Rate of 1.45% for Each Person. 2. EXPLANATIONS: % OF INCOME: RELATIVE PERCENT OF ITEM TO TOTAL INCOME UNDISTRIBUTED: EXCESS OR SHORTAGE OF EXPENSES OVER TOTAL INCOME. 3. NORMAL PROBLEMS: COMMON PROBLEM IS INPUT OF MONTHLY INSTEAD OF YEARLY FIGURES. ------------------------------------------------------------------------------ SECTION F-2-3 - ITEM #3. BALANCE SHEET (Assets, Liabilities & Net Worth) ------------------------------------------------------------------------ 1. SPECIAL FEATURES: NONE 2. EXPLANATIONS: NET WORTH: ASSETS MINUS LIABILITIES 3. NORMAL PROBLEMS: GETTING ACCURATE MARKET VALUES AND STATUS OF LIABILITIES. ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 23 ------------------------------------------------------------------------------ SECTION F-2-4 - ITEM #4. ECONOMIC ASSUMPTIONS (Inflation & Taxes) ----------------------------------------------------------------- 1. SPECIAL FEATURES: AT EACH LINE ALLOWS FOR DEFAULT AMOUNT NOTED BY PRESSING RETURN AT F(4) EMERGENCY FUND- 3 MONTHS TOTAL EXPENSES USED FOR DEFAULT HAS EXAMPLE TABLE OF FEDERAL MARGINAL TAX RATES (LATEST AVAILABLE DATA) 2. EXPLANATIONS: ACTUAL BEFORE TAX RATE OF RETURN: DIVIDES CURRENT INVESTMENT INCOME B(3) BY CASH AND INVESTMENT ASSETS NOTED. THIS FIGURE MAY NOT BE ACCURATE DUE TO RECENT SALE OF ASSETS OR A UNRECURRING INVESTMENT INCOME ITEM. AFTER TAX RATE FOR CALCULATIONS: THE ASSUMED BEFORE TAX RATE OF RETURN TIMES 1-THE ASSUMED MARGINAL TAX BRACKET. MARGINAL TAX BRACKET: THE RATE THE NEXT DOLLAR OF INCOME IS TAXED AT. EMERGENCY FUND DEFAULT: PRESS RETURN FOR 3 MONTHS TOTAL EXPENSES AMOUNT 3. NORMAL PROBLEMS: INPUT OF DECIMALS i.e. .28 INSTEAD OF WHOLE NUMBERS i.e. 28 NOT UNDERSTANDING ACTUAL RATE OF RETURN VERSES AFTER TAX RATE USED IN CALCULATIONS. ------------------------------------------------------------------------------ SECTION F-2-5 - ITEM #5. EDUCATION EXPENSE PLANNING --------------------------------------------------- 1. SPECIAL FEATURES: AT BEGINNING OF MODULE ALLOWS FOR BYPASS IF YOU HAVE NO PERSONS TO PLAN FOR EDUCATION FUNDING. FOR EACH CHILDS INPUT: ENTER NAME AND CURRENT AGE OR PRESS RETURN IF ITEMS ARE ALREADY CORRECT. DEFAULT SETTINGS (PRESS RETURN) FOR START AGE IS 18 YEARS OLD, FOR YEARLY COST IS $ 4000 AND FOR THE THE NUMBER OF YEARS AS 4. CAN CHOOSE UP TO 3 DIFFERENT COLLEGES TO ATTEND AND HAVE DIFFERENT COSTS, INFLATION RATES AND YEARS OF ATTENDANCE. WILL ADJUST FOR CURRENT EDUCATION FUND BALANCE AND ANY PLANNED FUTURE LUMP-SUM OR MONTHLY ADDITIONS TO THE EDUCATION FUND. ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 24 ------------------------------------------------------------------------------ 2. EXPLANATIONS: ADJUSTED TOTAL COST: COST PER YEAR TIMES NUMBER OF YEARS AND ADJUSTED FOR EDUCATION INFLATION RATE. LUMP SUM: AMOUNT TO INVEST TO COVER THE TOTAL ADJUSTED TOTAL COST AT THE BEFORE TAX YIELD COMPOUNDED YEARLY. MONTHLY DEPOSIT: AMOUNT REQUIRED TO INVEST EACH MONTH TO COVER ADJUSTED TOTAL COST TO FUND. CURRENT COST/YEARS: COST PER YEAR FOR NUMBER OF YEARS ATTENDING. # COL: NUMBER OF COLLEGES TO ATTEND (MAX=3) # YEARS: NUMBER OF YEARS ATTENDING EACH COLLEGE. 3. NORMAL PROBLEMS: DATA DOES NOT LINE ON LINE WITH CHILDS NAME OR COLLEGE NAME=MORE THAN 14 LETTERS IN CHILD OR COLLEGE NAME. ONLY ALLOWS FOR UP TO TEN CHILDREN FOR ILLUSTRATION. WEIRD NUMBERS: FORGOT TO INPUT INFLATION RATE OR YIELD. STARTING NEXT COLLEGE BEFORE ENDING PRIOR ONE. ------------------------------------------------------------------------------ SECTION F-2-6 - ITEM #6. RETIREMENT PLANNING -------------------------------------------- 1. SPECIAL FEATURES: AT BEGINNING OF MODULE YOU HAVE THE OPTION TO BYPASS IF ALREADY RETIRED AND THERE IS NO NEED FOR A RETIREMENT ANALYSIS. AT INPUT H(3) INCOME DESIRED CAN BE ADJUSTED FOR FUTURE INFLATION AFTER RETIREMENT USING AVERAGE OF AGE AT RETIREMENT AND A FUTURE AGE. AT INPUT H(4) SOCIAL SECURITY AND H(5) RETIRE INCOME, CAN ADJUST FOR ANY INFLATION RATE FOR INCREASE IN BENEFITS AMOUNTS. SAMPLE SOCIAL SECURITY BENEFITS TABLE PROVIDED. AT INPUT H(11) SALE OF ASSETS AT RETIREMENT (HOME, BUSINESS, ETC.):.. $ INPUT NET PROCEEDS OF SALE AMOUNT AT TIME OF RETIREMENT. ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 25 ------------------------------------------------------------------------------ 2. EXPLANATIONS: BALANCE OF CASH.../IRA.../PENSION.... : IS CURRENT AMOUNTS ADJUSTED FOR GROWTH RATES AS INDICATED WITH BALANCE AT RETIREMENT. INCLUDES ANY YEARLY ADDITIONS INDICATED. MONTHLY EARNINGS ON CASH.../IRA.../PENSION... : IS FUTURE AMOUNT AT THE COMPUTED AFTER TAX RATE OF RETURN. NET AMOUNT: AMOUNT IN FUTURE DOLLARS THAT SOURCES ARE -SHORT OR OVER INCOME DESIRED IN FUTURE INFLATION ADJUSTED DOLLARS. AT RETIREMENT MONTHLY INCOME TO FUND: INFLATION ADJUSTED SHORTAGE AMOUNT TO PROVIDE FOR DESIRED INCOME NEEDED IS: TOTAL AMOUNT AT RETIREMENT THAT IS NEEDED TO FUND MONTHLY AMOUNT WITHOUT DEPLETEING ASSETS. 3. NORMAL PROBLEMS: INPUT OF CLIENTS CURRENT AGE OLDER THAN AGE TO RETIRE. USING YEARLY FIGURES INSTEAD OF MONTHLY FIGURES. INPUT OF H(11) SALE OF ASSETS USING NET PROCEEDS AS OF TODAY INSTEAD OF CORRECTLY ADJUSTING FOR NET PROCEEDS AT RETIREMENT. ------------------------------------------------------------------------------ SECTION F-2-7 - ITEM #7. CAPITAL NEEDS (Life Insurance) PLANNING ---------------------------------------------------------------- 1. SPECIAL FEATURES: IF YOU HAVE NOT ENTERED THE ECONOMIC ASSUPMPTIONS IN MODULE #4, AN INPUT SCREEN WILL APPEAR FOR THE REQUIRED INPUT ITEMS. AT INPUT I(7) WOULD SPOUSE WORK OR CONTINUE TO WORK: IF ANSWERED YES, I(8) WILL SHOW CURRENT AMOUNT AND ALLOW FOR USE OF THAT AMOUNT OR OTHER FIGURES. AT INPUT I(9) WILL SHOW AMOUNT OR B(4) OTHER INCOME AND ALLOW FOR THAT OR ANOTHER AMOUNT TO BE USED. WILL SHOW AMOUNTS OF EXISTING EMERGENCY FUND, EDUCATION FUND, MORTGAGE BALANCE, OTHER DEBTS AND INSURANCE LOANS. YOU MAY USE THIS AMOUNTS TO DECREASE CAPITAL OR INPUT OTHER FIGURES. ALSO ALLOWS FOR INPUT OF ANY INCREASE IN CAPITAL DUE TO ANY PROPOSED SALE OF ASSETS. ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 26 ------------------------------------------------------------------------------ 2. EXPLANATIONS: AT INPUT I(1) INCOME REQUIRED: DEFAULT AMOUNT IS 60% OF TOTAL INCOME. TOTAL NET CAPITAL: CAPITAL AVAILABLE LESS LISTED DEATH EXPENSES. OTHER INCOME: IF CHOOSEN, SPOUSES B(2) INCOME AND OTHER B(4) INCOME. IF SHORT, AMOUNT OF MONTHLY SHORTAGE WILL BE NOTED AND INCREASE REQUIRED WILL BE AMOUNT THAT CALCULATED RATE WOULD COVER. 3. NORMAL PROBLEMS: INPUT OF YEARLY INCOME REQUIRED VERSES CORRECTLY AS MONTHLY DOES NOT FIGURE ANY SOCIAL SECURIY INCOME AVAILABLE. IF YOU THINK IT IS APPLICABLE, DEDUCT AMOUNT FROM REQUIRED INCOME (I(1)). DOES NOT FIGURE FOR FUTURE INCREASES IN VALUES. OUR OPINION IS GOOD CAPITAL NEEDS OR ESTATE PLANNING HAS TO ASSUME CLIENT DIES NOW. (WHAT PROJECTION CAN YOU MAKE ABOUT PREMATURE DEATH?) ------------------------------------------------------------------------------ SECTION F-2-8 - ITEM #8. INCOME PROTECTION (Disability) PLANNING ---------------------------------------------------------------- 1. SPECIAL FEATURES: AT INPUT J(1) 60% OF TOTAL CURRENT MONTHLY INCOME (GUIDELINE AMOUNT) WILL BE SHOWN AS DEFAULT AMOUNT. AT INPUT J(5) WOULD SPOUSE WORK OR CONTINUE TO WORK: IF ANSWERED YES, WILL SHOW CURRENT/PROPOSED AMOUNT AND ALLOW FOR USE OF THOSE OR OTHER FIGURES. AT INPUT J(6) WOULD OTHER INCOME (B(4)) CONTINUE: WILL SHOW AMOUNT AND ALLOW FOR THAT OR ANOTHER AMOUNT TO BE USED. AT INPUT J(9) INCOME ON SAVINGS & INVESTMENTS AND J(10) INCOME ON IRA, PENSION, ETC.: WILL SHOW AMOUNT AND BASIS (AMOUNT AND RATE) WITH THE ALLOWANCE TO USE EXISTING OR CHANGE AMOUNT. 2. EXPLANATIONS: TOTAL AVAILABLE DISABILITY INCOME: TOTAL OF AVAILABLE RESOURCES. BENEFITS OVER/SHORT: DIFFERENCE BETWEEN REQUIREMENTS AND RESOURCES. INPUT OF YEARLY INSTEAD OF CORRECTLY MONTHLY FIGURES. 3. PROBLEM AREAS: NONE ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 27 ------------------------------------------------------------------------------ SECTION F-2-9 - ITEM #9. TAX & INFLATION IMPACT ----------------------------------------------- 1. SPECIAL FEATURES: ONLY INPUTS ARE INFLATION RATE AND MARGINAL TAX BRACKET. 2. EXPLANATIONS: AFTER TAX EARNINGS: BEFORE TAX RATE TIMES 1-MARGINAL TAX BRACKET. AFTER TAX & INFLATION: SUBTRACTS INFLATION RATE FROM AFTER TAX EARNINGS. FOR ASSUMED MARGINAL TAX BRACKET AND INFLATION RATE: ...earn more than X.XX% for a taxable..: RATE BELOW WHICH RETURN IS NEGATIVE FOR AN INVESTMENT THAT IS TAXABLE. ... and/or X.XX% for a tax-free...: RATE BELOW WHICH RETURN IS NEGATIVE FOR A TAX-FREE INVESTMENT (EQUALS INFLATION RATE) 3. NORMAL PROBLEMS: NO PROBLEMS IF INPUT IS CORRECT ------------------------------------------------------------------------------ SECTION F-2-10 - ITEM #10. RECAP OF INFORMATION ----------------------------------------------- 1. SPECIAL FEATURES: SINCE THIS IS A RECAP OF OTHER MODULES FIGURES, NO INPUT IS REQUIRED. MENU OPTION (CR)= PRESS RETURN FOR SUBJECTS MENU. MENU OPTION 2 = TO PRINT DETAILED RECAP ILLUSTRATION. 2. EXPLANATIONS: SEE EACH SUBJECT MODULE 3. NORMAL PROBLEMS: NONE ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 28 ------------------------------------------------------------------------------ SECTION F-2-11 - ITEM #11. UTILITIES MENU (To Delete All Data) -------------------------------------------------------------- //The following instructions apply to this OPTION:// If You Elect to Delete ALL Files, ALL Data will be Erased. Make SURE this is what you want to do! .............................................................................. Type 1 and Press Return to DELETE ALL DATA FILES or Just Press Return to CANCEL and Return to MENU:.... //If you elect to Delete, the following message appears:// ----- DELETE DATA FILES IN-PROCESS - WAIT FOR MENU SCREEN ----- //Menu Screen will appear when completed if installed on a Hard-Disk. For Floppy Disks, the following appears and you repeat the process for for Disk# 1// Remove Disk# 2 and Replace with Disk# 1 //After Data on Disk#1 is Deleted, Planning Subjects Menu will appear// Press Return for PLANNING SUBJECTS HELP MENU:..... .............................................................................. If you try to Delete Data from the Personal Info Module in the Floppy Mode on Disk #1 and the program displayed the MESSAGE 'Too Many Files': Disk vendor added a too large file to Disk #1 for Distribution. FIX=Make back-up copy of Disk #1, Erase the UGUIDE.TXT file from the your work disk. ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 29 ------------------------------------------------------------------------------ SECTION G - TECHNICAL INFORMATION --------------------------------- ------------------------------------------------------------------------------- SECTION G-1 - GENERAL & SYSTEM REQUIREMENTS ------------------------------------------- To operate this program you need: 1. An IBM or Compatable PC computer with at least 256K RAM. (On some newer OS2 type IBM, program will not run. We can provide you the BASIC Version which will work. 2. DOS Operating System Version 2.0 or higher. 3. If you desire to print you may use a regular or laser printer. 4. The program may be installed on a High-Density Floppy disk or a 3 1/2 720K diskette, if desired. You would need to copy all files to this disk(ette). 5. The program may be installed on a hard-disk, if desired. You would need to set up a sub-directory and copy the files to it. See your Operating Manual. 6. For Registered Users we can provide a Master Menu Program (No Registration Fee Required) to run all FPLAN Modules from One Menu on a hard-disk. ------------------------------------------------------------------------------ FPLAN USERS GUIDE Page 30 ------------------------------------------------------------------------------- SECTION G-2 - FILES LISTING --------------------------- The following files MUST be present on your disk/sub-directory for the program to function correctly: Disk #1 Disk #2 ----------------------------- ------------------------- FPLAN.EXE FFII.EXE FPLANM.EXE PLANC.EXE DATA.EXE HELP.EXE PLANA.EXE PLAND.EXE PLANB.EXE The following files MAY be present on your disk/sub-directory for the special functions as outlined below: You may delete them to save space, if desired. README.1ST Initial operating instructions. ORDER.BAT ORDER.FRM Files to Print Registration/Order Form. UGUIDE.BAT UGUIDE.TXT Files to Print this Users Guide. PAGE.COM File that controls screen scrolling. (There may be a VENDOR.TXT file which pertains only to Shareware Vendors for marketing and should have been deleted from your distribution Disk) The following files MAY be present on your disk/sub-directory after you have used the program and should not be deleted. OPN*.CTR Control files for program functions. *(xx).DAT Data files of your Saved Data. ------------------------------------------------------------------------------- FPLAN USERS GUIDE Page 31 ----------------end-of-author's-documentation--------------- Software Library Information: This disk copy provided as a service of Public (software) Library We are not the authors of this program, nor are we associated with the author in any way other than as a distributor of the program in accordance with the author's terms of distribution. Please direct shareware payments and specific questions about this program to the author of the program, whose name appears elsewhere in this documentation. If you have trouble getting in touch with the author, we will do whatever we can to help you with your questions. All programs have been tested and do run. To report problems, please use the form that is in the file PROBLEM.DOC on many of our disks or in other written for- mat with screen printouts, if possible. PsL cannot debug pro- programs over the telephone, though we can answer questions. Disks in the PsL are updated monthly, so if you did not get this disk directly from the PsL, you should be aware that the files in this set may no longer be the current versions. Also, if you got this disk from another vendor and are having prob- lems, be aware that some files may have become corrupted or lost by that vendor. Get a current, working disk from PsL. For a copy of the latest monthly software library newsletter and a list of the 3,000+ disks in the library, call or write Public (software) Library P.O.Box 35705 - F Houston, TX 77235-5705 1-800-2424-PSL MC/Visa/AmEx/Discover Outside of U.S. or in Texas or for general information, Call 1-713-524-6394 PsL also has an outstanding catalog for the Macintosh.