URSLA™
Unbiased Retirement Sustainability Longevity Age™
With 90% probability, our WHEN-Score™ will show you how long your financial / retirement resources will last, through a number (your age) called your URSLA™.
Our WHEN-Score™ program is a new technology designed for financial awareness and preparedness. This automated, Best-in-Class" patented software eables you to improve financial decision-making. It is the practical tool to help you prepare for retirement
With WHEN-Score™, individuals can see their immediate financial situation and the probability of their money lasting for a lifetime -- based on their current financial patterns. The program is easy to use and allows you to input your personal financial information to find out how long your financial resources will last in retirement. In about 30 seconds, based on proprietary, sophisticated programming, the software runs 500 lifetimes worth of calculations. All financial data entered into this program is stored in an encrypted and locked database -- it is 100% secure and confidential.
Learn the GOOD NEWS -- and why it is important to find your URSLA now! click here
Frequently Asked QuestionsWhat is an URSLA(TM)?
It is a standardized measurement... it measures your Unbiased Retirement Score Longevity Age™ ...the age to which your financial resources will last (with a 90% probability) based upon the strategies you are presently using, you financial habits and the actions you are taking today.
What types of standards and who defines them?
It is a standardized measurement held to defined mathematical and scientific standards as identified and documented by Fair URSLA, a not-for-profit consumer protection organization. Fair URSLA was created to insure the measurement of the URSLA for retirement planning is based on thorough, fair and unbiased scientifically developed data, procedures and data processing. Software meeting URSLA standards are granted one of 5 ratings – each rating defining the level of compliance achieved by the retirement software product or service. These ratings are: UNRATED, POOR, FAIR, COMPLIANT and MEETS & EXCEEDS
What is the purpose of Fair URSLA?
The purpose of Fair URSLA is
– To evaluate software as to the unbiased nature of software data inputs and commitment to analysis vs. steering to any product or service.
– To analyze how the resulting analysis is linked with historically accurate data
– To insure the inclusion of important strategies and product/service variables that are standard to the daily financial habits and practices of middle class Americans
– To determine how data is linked and how variables are stacked or randomized as to provide accurate analysis regarding resource longevity
– To measure the process used to provide unbiased generic analytical integration of strategies, products or services which are offered by financial professionals to extend financial resource longevity.
– To continually update evaluation and rating qualifications of software models – continually analyzing and determining which strategies, generic products and services need to be added and integrated into URSLA analysis as new programs and services are developed by to solve economic needs of the public.
– To receive and pass along consumer input regarding the need for specific strategies and services needing to be developed to address the economic needs of the average American.
– To work closely with experts in various financial fields to continually evaluate how the integration and diversification of strategies and services can increase the longevity of the average American’s financial resources.
What constitutes UNBIASED?
To be considered UNBIASED and meeting Fair URSLA standards for measurement, software needs to pass first level benchmarks as defined below:
1. The firm developing and providing the consumer software must be independent from sale of investment products or investment management services
2. The underlying analysis must meet standards as proposed in the FAIR RETIREMENT REPORTING ACT OF 2009.
3. Probability of retirement resources lasting to the URSLA must be at least 90%.
4. The program must include an analysis of variables that are common to most Americans- including the impact of debt, long term care needs, equity in home, possible use of reverse mortgage and the effects of spending and extending date of retirement.
5. The program must also include a way to measure the impact of inflows and outflows which will impact the longevity of a person’s URSLA score.
Note: Fair URSLA is dedicated to the vision of increased standards for Software which provides Retirement Planning Advice. To this end one of its goals is to provide an incentive to the software industry for the advancement of software which allows individuals to quickly, easily and accurately assess their URSLA. In 2011, Fair URSLA will seek grant monies to sponsor an annual award of excellence in software development. With this funding, the following will be awarded:
Software developed to URSLA standards and providing additional features and benefits for the consumer are eligible to receive the Fair URSLA Award of Excellence – a yearly award to encourage the development of new and improved retirement planning software built to help average Americans on the URSLA number.
Learn more at www.URSLAnews.com