Planit:Calculators

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PlanPlus Planit includes over a dozen calculators which can assist in the completion of simple and reasonably complex financial calculations. Ranging from bond yields to debt consolidation or retirement income, browse this calculators track to find the calculator that can help you do the job.

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Calculators Training

Order Title Description Key Points Level Generic Canada United States
1 Critical Illness Calculator How do I calculate the coverage my client would need in the event of a critical illness?
  • Load scenario
  • Data entry required
C Video
2 Critical Illness Report How can I interpret and present the Critical Illness Report?
  • Expenses, Benefits, Gap
  • Identify risk planning need
C Video
3 Long Term Care Calculator How do I calculate the coverage my client would need for long term care expenses?
  • Load scenario
  • Data entry required
C Video
4 Long Term Care Report How can I interpret and present the Long Term Care Report?
  • Insured options
  • Funds Required for Difference Present Value Future Value
  • Identify risk planning need
C Video
5 Life Insurance Calculator How do I quickly calculate the coverage my client would need in the event of death?
  • Income replacement versus calculator
  • Calculator data entry fields
  • Overview results
C Video
6 Life Insurance Report How can I interpret and present the Life Insurance Report?
  • Expenses, Benefits, Gap
  • Identify risk planning need
C Video
7 Disability Insurance Calculator How do I quickly calculate the coverage my client would need in the event of disability?
  • Income replacement versus calculator
  • Calculator data entry fields
  • Overview results
C Video
8 Disability Insurance Report How can I interpret and present the Disability Insurance Report?
  • Expenses, Benefits, Gap
  • Identify risk planning need
C Video
9 Loan Amortization Calculator How do I calculate loan amounts, payments or amortization?
  • Find Loan Calculator
  • Calculate for 3 things
  • Data entry fields required
  • Borrow for Non-Reg Investments
  • Interest Rate Differential
  • How Much Can I Borrow?
C Video
10 Loan Schedule How can I interpret the Loan Schedule produced by the Loan Amortization Calculator?
  • Principal, interest, payment
  • Schedule by payment
C Video
11 Historical Returns Calculator How do I see the historical value of the different indices used for Planit asset allocations?
  • Why would you use this?
  • Historical annual vs cumulative
  • Calculator data entry and use
C Video
12 Registered Payout Illustration How do I calculate the accumulation and payout of my client's registered funds?
  • Data entry example - contributions, payments
  • Loading client information
  • Schedule - capital accrual, withdrawals
  • Affect on achieving retirement income
C Video
13 IRA Calculator How do I calculate the contributions and payments of my client's IRA?
  • Load client info
  • Plan Types
  • Distribution options
  • IRA payment schedule
  • Retirement income versus estate
C Video
14 Present Future Value Calculator How do I calculate the present or future value of deposits or annuities?
  • When this could be helpful
  • Calculate for options
  • Data entry example
  • Schedule
C Video
15 Rate of Return Calculator How do I calculate the expected rate of return on an investment?
  • Calculator intro
  • Data entry required
C Video
16 Bond Calculator How do I calculate the income return, capital gain return, or yield to maturity of a bond?
  • Calculate for purchase or yield
  • Data entry example
C Video
17 Retirement Income Calculator How do I calculate the likelihood of my client achieving his/her retirement income goal?
  • Calculator data entry
  • 3 scenarios - 100% annuity, standard portfolio, and portfolio-annuity mix
  • Mortality statistics
  • Likelihood of achieving retirement income
  • Likely values of estate
  • Presenting report and trade-offs
1 Video
18 Efficient Frontier Calculator How do I calculate whether my recommended portfolio has an efficient risk for return?
  • Intro to efficiency Risk vs Rate of Return
  • Asset class by jurisdiction
  • Calculator data entry
  • Interpreting the graph
C Video
19 Leverage Calculator How do I calculate the net benefit or loss of borrowing to invest?
  • Load client info
  • Loan information
  • Before Tax Return
  • Investment Breakdown
  • Understand results
C Video
20 Debt Consolidation Calculator How can I calculate the benefit to my client by consolidating their loans?
  • Load data
  • Data entry for calculator
1 Video
21 Pension Calculator How do I calculate the annual amount my client will receive from his/her defined benefit pension plan?
  • Calculator data entry
  • Early Retirement Reduction
  • Survivor Benefits
  • Collecting materials
C Video
22 Retirement Goal Audit How can I help my client determine the income they will need to fund his/her retirement lifestyle?
  • Different clients need different lifestyles in retirement
  • Audit tool as value added
  • Audit data fields and calculation
C Video
Client Search How do I find a client entered in Planit?
  • Home screen, side menu
  • Search options
  • Note: back office integration first
C Video
Reducing Interest Paid How can I determine ways to reduce my client's total interest paid on a loan?
  • Start base case
  • Indexed payments
  • Anniversary lump sum
C Video
Riba Free Mortgage How do I calculate information about my Islamic client's riba-free mortgage?
  • Use Present Future Value Calculator
  • Data entry example
  • Read the schedule for balance
C Video