Systems and methods for financial plan benchmarking
First Claim
Patent Images
1. A financial planning method, comprising:
- receiving at a financial planning engine of an institution system a plurality of financial goals from a user via an email or a website;
receiving at the financial planning engine from the user a plurality of user-specified financial goal attainment probability inputs, each probability input associated with a different one of the financial goals;
generating using the financial planning engine a financial plan based on the financial goals and the user-specified financial goal attainment probability inputs, the financial plan comprising a plurality of financial budgeting recommendations to attain each of the financial goals with the associated user-specified financial goal attainment probability inputs; and
providing the financial plan to the user.
1 Assignment
0 Petitions
Accused Products
Abstract
A comprehensive set of data pertaining to a user is gathered from various sources and analyzed. A financial plan is generated and provided to the user. The user may set financial goals and monitor progress towards achieving the goals, and may set and monitor probabilities of success of achieving the goals. The financial plan may take into account the financial goals and probabilities of success, and may be revised to reflect changes in the financial goals and probabilities of success. In an implementation, a user may be provided with information pertaining to how their finances, financial plan, goals, and probabilities of success compare to a selected population group.
-
Citations
15 Claims
-
1. A financial planning method, comprising:
-
receiving at a financial planning engine of an institution system a plurality of financial goals from a user via an email or a website; receiving at the financial planning engine from the user a plurality of user-specified financial goal attainment probability inputs, each probability input associated with a different one of the financial goals; generating using the financial planning engine a financial plan based on the financial goals and the user-specified financial goal attainment probability inputs, the financial plan comprising a plurality of financial budgeting recommendations to attain each of the financial goals with the associated user-specified financial goal attainment probability inputs; and providing the financial plan to the user. - View Dependent Claims (2, 3, 4, 5)
-
-
6. A computer-readable medium comprising computer-readable instructions for financial planning, said computer-readable instructions comprising instructions that:
-
receive a plurality of financial goals from a user via an email or a website; receive from the user a plurality of user-specified financial goal attainment probability inputs, each probability input associated with a different one of the financial goals; generate a financial plan based on the financial goals and the user-specified financial goal attainment probability inputs, the financial plan comprising a plurality of financial budgeting recommendations to attain each of the financial goals with the associated user-specified financial goal attainment probability inputs; and provide the financial plan to the user. - View Dependent Claims (7, 8, 9, 10)
-
-
11. A financial planning system, comprising:
-
at least one subsystem that receives a plurality of financial goals from a user via an email or a website; at least one subsystem that receives from the user a plurality of user-specified financial goal attainment probability inputs, each probability input with a different one of the financial goals; at least one subsystem including a processor that generates a financial plan based on the financial goals and the user-specified financial goal attainment probability inputs, the financial plan comprising a plurality of financial budgeting recommendations to attain each of the financial goals with the associated user-specified financial goal attainment probability inputs; and at least one subsystem that provides the financial plan to the user. - View Dependent Claims (12, 13, 14, 15)
-
Specification