Today
- Income from work, real estate, dividends, etc.
- All your expenses - fixed costs, amortization, consumption, etc.
- Overview of your total assets or debts
FIXXFIN
Why do you need FIXXFIN?
Learn more in this article.
FIXXFIN is the tool to plan your future
During the development of FIXXFIN we tried to integrate all important and necessary features, so that you only need this software to do your financial planning.
- Set your financial goals and achieve them
- Determine your current net worth
- Specify Income and Expenses now and in the future
- Real Estate - Purchase, Sale, Rental
- Track different money investments - all adjustable
- Determine Retirement 401 (k) - Value, payout, etc.
- Add your Social Security Benefits
- Play through various scenarios
- Clearly arranged graphics
- Assistance with data entry
Achieve your financial goals
Every person has different goals and dreams in life. Get clear about what is really important to you and realize as many of them as possible. FIXXFIN will support you.
Determine your current net worth
Get an overview of your current assets with all your investments, debts, real estate and so on. Enter your data and the software calculates how much money you have already saved.
Real Estate
What are all your properties worth at this point in time?
Retirement Plan 401 (k)
Determine the value now and at payoff
Your Investments
How much have you already saved and in what asset classes?
Depts
If you have debts, they will be deducted from your investments.
Income and Expenses
Use FIXXFIN to record all your income and expenses. But you are not limited to the present moment. Plan your future and see how your assets change.
Future
- Determine income and expenses for you and your partner at any given time
- Plan for major income and expenses - real estate purchase and sale, inheritance, gifts, etc.
- You have the greatest possible flexibility with your inputs
Real Estate - Purchase, Sale, Rental
Here, too, you have a lot of input options. Manage your existing properties or plan the purchase of a new property. Consider taxes or sell your real estate at any time.
- Determine the value of your real estate
- Record all income + expenses
- Consider rent increase + inflation
- Choose your financing
- Sale date, price, ... determine individually
- Tax consideration - rental + sale
Your Investments
You can enter various financial investments, a financial cushion and, if applicable, debts. Then determine individually how these should develop and plan your future.
Setting options
- Up to 6 different financial investments + financial cushion
- Distribution of financial investments according to priorities or percentage
- Determine the increase in value individually for each investment
More options
- Limit certain investments if you only want to invest a certain amount of money
- Taxes for interest/dividends + consider individually for withdrawals
- Determine the development, distribution or interest for each type of investment
401(k) and Social Security Benefits
Enter all your data for your 401(k) and select, for example, whether the payment should be made as a lump sum or monthly. You can also determine the expected social security benefits, by taking into account the rise in benefits.
401(k)
- Traditional or Roth 401(k)
- Determine the savings rate individually
- Put your 401(k) on hold
- Dynamics and value increase adjustable
- Set payment method - once / monthly
- Set retirement age
- Consider tax
Social Security Benefits
- Determine for you and your partner
- Enter your data from your first ernings
- Pension increase adjustable
- Consider salary change
- Salary can also be $0
- Consider tax
Scenarios
After you have entered all the current data, the next step is to find out which dreams and wishes you can fulfill. For this you can add special expenses (house, boat, etc.) or see if you can retire earlier.
Set your financial goal
Own house, Travel the world, Financial security, Work less, Two million Dollar, Early retirement, ...
See if it works already
Enter your data into the software and see if your money is already enough to reach your financial goal.
If it is already feasible, then dare the next dream
Then you are in the lucky situation to fulfill your dreams and wishes. Think about what else is important to you in life.
If it's not feasible yet, see what you can do
Check your expenses; see if your money is well spent; maybe you don't earn enough and due should change jobs, etc.
Repeat the process until you are happy
You will see that often just 1-2% more return on your investments or reducing your expenses on rent or other things can make a big difference.
Further features of FIXXFIN
In addition to the options presented above, I would like to tell you about other features that make the program an indispensable tool for your financial planning.
Clearly arranged graphics
Individually adjustable graphics and many predefined diagrams; periods and values to be displayed freely definable
Assistance with data entry
For almost every field there is a short description and for more complicated things there is a detailed help.
Inflation
For example, you can take inflation into account with 2-3%, or you can determine the value individually.
Taxes
Consider your individual tax rate for certain income
Budget Book
For recording your income and expenses - In addition calculated income in the future such as dividends, etc.