Planners, Starting & Warning

Starting from Durell’s Main Menu…

• Click the “Planners” button

…or…

• Click the “People” button
• Click the “Pocket Calculator button” on the toolbar

Either of these will take you to the Financial Planner menu, as shown below.

If you choose the Pensions, Life or Inheritance planners you’ll be presented with the “Select Client” dialogue, shown below. This allows you to pre-load the planner with policy and fact find data, instead of having to type it…

• Use the “Client Set” drop-down to select which address set to use
• Use the search keys above the “Client” field to find the required client
• Click the “Accept” button

If you actually want a clear plan just click the “Clear Plan” button instead.

WARNING! All of the planners are based on compound interest calculations only. None of them include for management charges. They are designed as planning aids, not quotation systems. To allow for management charges you should reduce the interest rate by 1% or so. In any event the errors inherent in your “best guesses” about the future rate of return and inflation rate will almost certainly outweigh any errors regarding management charges. Remember that the point of these planners is to get a “ball park” feel for the client’s likely future financial position.