System and Method For Simulating Financial Growth Over a Period of Time

摘要

In an embodiment, there is provided a savings simulation system, having:a single general user interface; anda computer connected to the single general user interface and having: a computer readable storage device having a database module for collecting, storing, and linking data associated with financial performance of a user account; anda central processing unit connected to the single general user interface and the computer readable storage device, and running a plurality of core modules running: a means for input for a user to select: a locality;a profession;a lifestyle choice;a selected number of years of run simulation; anda user's personal savings goal;a means for retrieving real-time income and cost of living expense data from a third party based on the user input of a selected locality, profession, and lifestyle choice;a means for presenting a simulated scenario modeling a financial outcome based on the user inputs and real-time income and cost of living expense data; anda means for generating a proposed financial plan for the user based on historical rates of return.