What tools does Northwestern Mutual provide for financial planning?

Northwestern Mutual offers a variety of tools and resources for financial planning that are designed to help individuals and families manage their financial goals effectively. One significant resource is their financial planning software, which allows users to create personalized financial plans that align with their specific needs and objectives. This software evaluates income, expenses, investments, insurance needs, and even retirement savings to provide a comprehensive view of an individual’s financial situation. Additionally, Northwestern Mutual provides resources such as budgeting tools that help clients track their spending and savings. These tools often come in the form of mobile applications that facilitate easier management of finances on the go. Insurance cost calculators and retirement planning tools are also available, allowing individuals to estimate insurance premiums and assess retirement readiness based on their current savings and desired retirement lifestyle. Furthermore, Northwestern Mutual's website features a wealth of educational content, including articles, guides, and webinars on various financial topics. These resources aim to empower clients with knowledge about investment options, risk management, and wealth accumulation strategies. Those interested in specific tools or resources may wish to explore the current offerings on the Northwestern Mutual website for the most updated information.