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April 6, 2007

Retirees' adequacy measured by software program

Still River Retirement Planning Software of Harvard said it has a new program that tells people what to do with their retirement money.

The company calls the program RetirementWORKS for YOU.

The program is aimed at people approaching retirement, or who may already be retired, and is a way to avoid incomplete retirement planning, the company said.

The system "provides advice based on comprehensive, detailed and integrated analysis," according to a statement.

The software asks for a broad range of financial and non-financial information, the company said. Then, the program identifies concerns for retirees and their families, and "recommends what action you should take and evaluates the long-term adequacy of your financial position."

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