PRC2017/Gold is now available and represents a significant advance over PRC2016/Gold!  Immediately below are screenshots of three of the screens that we’re particularly excited about, but there’s much more that’s highlighted further down the page.

Improved: Side-by-side presentation of fixed rate, Monte Carlo and historical analysis results of each of your scenarios showing savings and expenses:

NEW: Standardized graphs, such as this one illustrating the results of PRC’s tax calculations:

IMPROVED: The aesthetics of tabular projection pages:

The change log accessible from the User Support page of this website identifies all of the changes made since PRC2016, but here’s a summary of  PRC2017’s capabilities:

Web-like navigation between functionally-coherent pages (Excel’s sheet tabs are hidden)

Complete user control over basic assumptions, such as life expectancy for both partners, general and healthcare inflation, tax increases and  Social Security benefit decreases

High fidelity income stream definition

  • 3 streams of employment income for each partner, each of which includes personal and company contributions to retirement accounts, Roth accounts and defined-benefit pensions
  • 2 streams of pension income for each partner, each of which can include a non-taxable income component along with rollovers to traditional and Roth IRAs, and all COLA and survivor options
  • Social Security benefits for each partner with automatic adjustment of benefits based on the specified starting age; implements recently changed laws relating to File & Suspend
  • 5 other income streams with COLA, survivor options and user-specified tax treatment to support the modeling of annuities, trusts and rental income as well as alimony and child support
  • 2 annuity income streams (redesigned)
  • Inherited traditional and Roth IRA’s (new)

High fidelity expense stream definition

  • Up to 10 separate real properties along with all associated acquisition, ownership and sales expenses, and property improvements
  • Up to 10 separate rental properties along with all associated acquisition, ownership and sales expenses, rental income and depreciation, and property improvements
  • College education costs for up to four children, with the ability to model pay-as-you-go, student loans and 529 plans
  • Changing Healthcare and Long Term Care expenses, with proper tax treatment
  • Discretionary expenses, including one-time expenses

ENHANCED: Five categories of savings (cash, regular investment, separate tax-deferred for husband and wife, and Roth) with user-controlled prioritization of withdrawals between the latter four categories and  user-specified floor and ceiling levels on cash savings; plus inherited traditional and Roth IRA’s for both husband and wife

ENHANCED account modeling: after-tax contributions to tax-deferred accounts, Substantially Equal Periodic Payments, scheduled withdrawals from specific accounts, taxation characteristics specified on an asset class basis, and up to  five different (time-aligned) sets of asset allocations for each account type

Required Minimum Distributions from all tax-advantaged accounts

Rollovers from husband’s and wife’s tax-deferred accounts to Roth accounts, with an interactive display to immediately illustrate the short-term and long-term effects of the planned rollovers

Detailed tax calculations performed using 2017 tax tables, with modeling of capital gains taxes on taxable savings accounts and the sale of real property

Scenario analysis performed with three different methods to establish a range of likely long term outcomes (fixed rate, Monte Carlo simulation and historical simulation)

Scenario analysis using variable withdrawal strategies, including fixed percentage spending, fixed percentage spending with a specified floor and ceiling, Guyton-Klinger rules, constant spending and target percentage adjustment

Interactive exploration of the sensitivity of your plan to changes in key parameters

Consumption smoothing, now optionally using Monte Carlo and historical analysis methods in addition to fixed rate analysis

Personal and investment loan modeling

Standardized tabular and graphical projection outputs, with two customizable tabular projection pages and one custom graphical projection page

Imports data from PRC2016 and PRC2017, and supports data-sharing between multiple licensed copies


PR1016/Gold licensees can upgrade to PRC2017 for $33 after logging in on the PRC2016 User Support page.

PRC2017/Gold can be purchased by non-PRC2016 licensees for $99.


A detailed user manual is available for free download on the User Support page.

Same-day support via e-mail is included in the purchase price and PRC’s Export capability makes it possible for you to easily share data with Pralana Consulting

PRC2017 license entitles owners to download a copy to two computers (for example, your desktop and your laptop), to all PRC2017  updates,  and the opportunity to upgrade to PRC2018 at a fraction of the cost of a new purchase.


Pralana Consulting LLC, Plano, TX

© 2017 Pralana Consulting.  All Rights Reserved.

Introducing PRC2017