Every client is unique with RazorPlan Reports

RazorPlan can produce several report types to present the plan to your clients. The main report formats are accessible via the Reports button on the toolbar when you have a client file open. When you click Reports, it opens the Report Generation window, where you can choose from three primary report options:

• • Full Report: A comprehensive financial plan report. The Full Report is customizable – it includes multiple document sections (e.g. Balance Sheet, Cash Flow, Insurance Analysis, etc.) and you can select which sections to include. By default, it can include everything: an Executive Summary, detailed analyses, and even results from any Applications used (like RESP, Budget Planner outputs). The Full Report is ideal for a complete plan deliverable. You have the ability to check or uncheck particular documents within this report before generating it.
  • Retirement Number Report: A focused report centered on retirement planning metrics. This option is more streamlined and has only one main category of documents to include (largely related to retirement income and goal feasibility). It’s useful if you want to give a client a quick readout of their “retirement number” – e.g. the income they can sustain or the shortfall/excess relative to goals.
  • Focused Planning Report: This is a comparison report for scenario analysis. Rather than including all documents, you choose two scenarios – usually the Baseline (current plan) and an Improved scenario – and it will generate a report comparing them. The Focused Planning report automatically picks the relevant comparison charts/tables and doesn’t allow picking individual sections; it’s pre-set to show a side-by-side of the two chosen scenarios. This is great for presenting an “Option A vs Option B” outcome (like Retire at 65 vs Retire at 60, or Plan with Insurance vs without Insurance, etc.).

To create a report:

1. Open the client file and click Reports on the top toolbar.
2. In the Report window, select which type of report (Full, Retirement Number, or Focused Planning).
3. If Full or Retirement Number, check off the specific documents or analyses you want to include (or “Select All” to include everything). If Focused Planning, choose the two scenarios to compare.
4. Click Generate. RazorPlan will compile the PDF report based on your selections. Once generated, you can view it on-screen, save it, or print it.

All reports are generated as PDF documents, which you can then provide to your client. You can create reports at any time; it’s often wise to generate a Full Report for your records or compliance after inputting data, and a Focused report when comparing strategy alternatives.