Filiphant’s software utilizes multiple underlying calculation models to determine appropriate spending at various stages of life. The main calculation models are summarized here to provide a high-level understanding of how our software utilizes the information you input to forecast an appropriate initial financial plan for you.
While an understanding of these models may be useful to you, Filiphant’s software algorithms are very comprehensive, yet provide a level of abstraction at the user interface (UI) to allow end-users of any background to quickly and easily make a fairly accurate future financial plan.
Life Cycle Model
Filiphant’s software is best summarized as using a Life Cycle spending model.
Single Budget Model
Filiphant’s software is best summarized as using a Single Budget model.