Torrid Technologies Releases Retirement Savings Planner Program
Torrid Technologies has released version 8 of its Retirement Savings Planner 2004-Professional Edition software for financial advisers, brokers, agents and planners. The software is used to educate clients about their retirement options, build trust with new clients and explain fixed annuity products to potential clients.
The program is focused on quick, simple and visual retirement savings analyses, and the software facilitates the sale of many financial products, including long-term care insurance, life insurance, wealth management services and IRA rollovers, according to a press release. "Graphically showing [clients] their annual needs and how long their money would last under different scenarios allowed me to remove all reservations and move their money," said Wallace Smith, a Colorado-based independent financial adviser, in the release.