401(k) Illustration Software

[Dawn Hafner]

Does anyone know of a stand alone system that prepares illustrations for participants showing them their different potential account balances at retirement based on different savings rates.

I would want it to take into account any employer matching, current account balance, age, marital status, exemptions, compensation inflation, and possibly different rates of return.

Thanks.

[Guest RJM]

Several years ago (1995?), we purchased a product called 401(k) Forecaster Fastanswer. marketed by an outfit called Village Software (1-800-724-9332). It was a fancy Lotus 123 spreadsheet that produced some good looking charts and numbers. Pretty flexible up to a point, however it did not handle state taxes (especially Alabama's) very well.

Village Software is still in operation and has a website villagesoft.com

[This message has been edited by RJM (edited 06-01-2000).]