FinanSavvy Changes Lives
Unlike common spend tracking or investment management oriented systems, FinanSavvy brings a laser like focus on helping regular people understand the otherwise nearly incomprehensible direction of their personal financial lives.
We help employees confidently make forward looking decisions.
- Focus spending, get more bang for the buck.
- Connect short term decisions to long term financial accomplishments.
- Plan for financial security and long term goals in the face of uncertainty.
The clarity FinanSavvy provides eliminates the stress that comes from ambiguity about employee's long term ability to be successful.
This is not the traditional 'Black Box' approach to planning where a person sits down, answers a bunch of questions and gets a set of recommendations.
FinanSavvy is an interactive system where employees can enter and vary information about their financial circumstances, expectations and goals and decide on a validated way of balancing these things for themselves.
Recommendations are provided in real-time on topics ranging from the sensibility of inputs to best practices. They address things like the validity of forecast assumptions (e.g. expected investment returns, assumed tax rates), and reflect best practice based guidance, assessing things such as if savings reflect a sufficient emergency reserve across the forecasted timeframe, if planned retirement withdrawals appear to meet IRS minimums later in life, or if their plan accounts for a long enough lifespan.