Patent US4706504A successfully refreshed from Google Patents.
Patent US5884283A successfully refreshed from Google Patents.
US5884283A
Expired / Lapsed
US
⏱️ 0.0 years remaining
System, method and program product for managing and controlling the disposition of financial resources
Assignee: 103 RAMEY AVENUE Inc
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Filing: 1996-09-05
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Granted: 1999-03-16
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Expires: 2016-09-05
Abstract
Abstract A method, computer program product and system providing management and control of the disposition of personal financial resources, taking into account the effects of inflation and deflation. The method is used to project target gross income, income taxes, after-tax income, living costs and savings over a period of time. The compounding effect of inflation (deflation) is applied to actual amounts for gross income, income taxes, after-tax income, living costs and savings to project targets for these amounts through the projected period by applying to the actual amounts the estimated rate of inflation or deflation and rates that are related to these rates. Actual inflation and deflation rates are used to determine and recalculate the inflation and deflation rates, and the rates that are related to those rates, and the recalculated rates are applied to the actual amounts to recalculate the targeted amounts. Variances between targeted amounts and actual amounts, which are calculated as actual figures are determined during the projected period, are produced.
Inventors
- 👤 Christopher T. Manos
Bibliographic Details
Application Number
—
Jurisdiction
US
Data Source
google_patents
Last Synchronized
2026-11-09 15:19
CPC Classifications
G; G06; G06Q; G06Q40/00; G06Q40/02; G06Q20/00; G06Q20/08; G06Q20/10; G06Q20/102; G06Q40/04; G06Q40/06; G06Q40/08
Claims Analysis
Total Claims: 17
Claim 1
Independent Claim
277 words
A method using a computer for projecting targeted financial amounts, comprising the steps of: a. said computer identifying in a record actual amounts of gross income, income taxes, after-tax income, living costs and savings for a base period of time; b. said computer projecting a rate of inflation or deflation for the first period in a group of periods, said projected rate being related to the rate of inflation or deflation for the base period, and entering said projected rate in a record; c. said computer determining amount rates corresponding to each said amount that will be applied to said amounts to achieve target amounts for each said period, said amount rates being related to said projected rate of inflation or deflation, and entering said amount rates in a record; d. said computer converting said almost rates to factors by dividing each said amount rate by 100 and adding 1, and entering said converted amount rates into a record; e. said computer applying each said converted amount rate to its corresponding amount to achieve said target amounts for each said period, and entering said target amounts in a record; f. said computer determining whether actual rates of inflation or deflation for a said period or partial period justifies redetermining said amount rates to be applied to said actual amounts to achieve said target amounts, and, if so, recalculating target amounts for each said period, and entering said target amounts in a record; g. said computer determining whether variances exist between targeted amounts and actual amounts for any said period, and displaying said variances; and h. said computer displaying new projected target amounts based on said actual amounts.
Claim 2
Independent Claim
277 words
A method using a computer for projecting targeted financial amounts, comprising the steps of: a. said computer identifying in a record actual amounts of gross income, income taxes, after-tax income, living costs and savings for a base period of time; b. said computer projecting a rate of inflation or deflation for the first period in a group of periods, said projected rate being related to the rate of inflation or deflation for the base period, and entering said projected rate in a record; c. said computer determining amount rates corresponding to each said amount that will be applied to said amounts to achieve target amounts for each said period, said amount rates being related to said projected rate of inflation or deflation, and entering said amount rates in a record; d. said computer converting said almost rates to factors by dividing each said amount rate by 100 and adding 1, and entering said converted amount rates into a record; e. said computer applying each said converted amount rate to its corresponding amount to achieve said target amounts for each said period, and entering said target amounts in a record; f. said computer determining whether actual rates of inflation or deflation for a said period or partial period justifies redetermining said amount rates to be applied to said actual amounts to achieve said target amounts, and, if so, recalculating target amounts for each said period, and entering said target amounts in a record; g. said computer determining whether variances exist between targeted amounts and actual amounts for any said period, and displaying said variances; and h. said computer displaying new projected target amounts based on said actual amounts.
Claim 3
Dependent Claim
361 words
A computer program product on a computer readable medium for controlling a computer, comprising: a. said computer program having first logic for storing in a fist record in the computer actual amounts of gross income, income taxes, after-tax income, living costs and savings for a base period of time; b. said computer program having second logic for storing in a second record in the computer a projected rate of inflation or deflation for the first period in a group of periods, said projected rate being related to the rate of inflation or deflation for the base period; c. said computer program having third logic for storing in a third record in the computer amount rates corresponding to each said amount that will be applied to said amounts to achieve target amounts for each said period, said amount rates being related to said projected rate of inflation or deflation; d. said computer program having fourth logic for converting said amount rates to factors by dividing each said amount rate by 100 and adding 1, and storing said converted amount rates into a fourth computer record; e. said computer program having fifth logic for applying each said converted amount rate to its corresponding amount to achieve said target amounts for each said period, and storing said target amounts in a fifth computer record; f. said computer program having sixth logic for storing in a sixth record in the computer an actual rate of inflation or deflation for the first of said periods and revised amount rates that are related to said actual rate; g. said computer program having seventh logic for recalculating said target amounts for each said period based on said actual rate of inflation or deflation and said revised amount rates, and storing said recalculated target amounts in a seventh record in the computer; h. said computer program having eighth logic for calculating variances between targeted amounts and actual amounts for any said period, and storing said variances in an eighth record in the computer; i. said computer program having ninth logic for displaying said variances; and j. said computer program displaying new projected target amounts based on said actual amounts.
Claim 4
Dependent Claim
361 words
A computer program product on a computer readable medium for controlling a computer, comprising: a. said computer program having first logic for storing in a fist record in the computer actual amounts of gross income, income taxes, after-tax income, living costs and savings for a base period of time; b. said computer program having second logic for storing in a second record in the computer a projected rate of inflation or deflation for the first period in a group of periods, said projected rate being related to the rate of inflation or deflation for the base period; c. said computer program having third logic for storing in a third record in the computer amount rates corresponding to each said amount that will be applied to said amounts to achieve target amounts for each said period, said amount rates being related to said projected rate of inflation or deflation; d. said computer program having fourth logic for converting said amount rates to factors by dividing each said amount rate by 100 and adding 1, and storing said converted amount rates into a fourth computer record; e. said computer program having fifth logic for applying each said converted amount rate to its corresponding amount to achieve said target amounts for each said period, and storing said target amounts in a fifth computer record; f. said computer program having sixth logic for storing in a sixth record in the computer an actual rate of inflation or deflation for the first of said periods and revised amount rates that are related to said actual rate; g. said computer program having seventh logic for recalculating said target amounts for each said period based on said actual rate of inflation or deflation and said revised amount rates, and storing said recalculated target amounts in a seventh record in the computer; h. said computer program having eighth logic for calculating variances between targeted amounts and actual amounts for any said period, and storing said variances in an eighth record in the computer; i. said computer program having ninth logic for displaying said variances; and j. said computer program displaying new projected target amounts based on said actual amounts.
Claim 5
Dependent Claim
42 words
The program product recited by claim 2 wherein said actual amounts, said projected rate of inflation, said rates, said actual rates of inflation and deflation and said revised rates are input to the computer by the user through the computer input device.
Claim 6
Dependent Claim
39 words
The program product recited by claim 2 wherein said actual amounts, said projected rate of inflation, said rates, said actual rates of inflation and deflation and said revised rates are received by the computer from financial planning computer software.
Claim 7
Dependent Claim
19 words
The program product recited by claim 2 wherein said variances are provided by said program product to investment software.
Claim 8
Independent Claim
348 words
A system for projecting targeted financial amounts, comprising: a. a general purpose computer having electronic records and means for maintaining said records; b. a display for displaying information; c. an input device by which information may be received by said computer; d. computer software, including: first logic for storing in a first record in the computer actual amounts of gross income, income taxes, after-tax income, living costs and savings for a base period of time; ii. second logic for storing in a second record in the computer a projected rate of inflation or deflation for the first period in a group of periods, said projected rate being related to the rate of inflation or deflation for the base period; iii. third logic for storing in a third record in the computer amount rates corresponding to each said amount that will be applied to said amounts to achieve target amounts for each said period, said amount rates being related to said projected rate of inflation or deflation; iv. fourth logic for converting said amount rates to factors by dividing each said amount rate by 100 and adding 1, and storing said converted amount rates into a fourth computer record; v. fifth logic for applying each said converted amount rate to its corresponding amount to achieve said target amounts for each said period, and storing said target amounts in a fifth computer record; vi. sixth logic for storing in a sixth record in the computer an actual rate of inflation or deflation for the first of said periods and revised amount rates that are related to said actual rate; vii. seventh logic for recalculating said target amounts for each said period based on said actual rate of inflation or deflation and said revised amount rates, and storing said recalculated target amounts in a seventh record in the computer; viii. eighth logic for calculating variances between targeted amounts and actual amounts for any said period, and storing said variances in an eighth record in the computer; and ix. ninth logic for displaying new projected target amounts based on said actual amounts.
Claim 9
Independent Claim
348 words
A system for projecting targeted financial amounts, comprising: a. a general purpose computer having electronic records and means for maintaining said records; b. a display for displaying information; c. an input device by which information may be received by said computer; d. computer software, including: first logic for storing in a first record in the computer actual amounts of gross income, income taxes, after-tax income, living costs and savings for a base period of time; ii. second logic for storing in a second record in the computer a projected rate of inflation or deflation for the first period in a group of periods, said projected rate being related to the rate of inflation or deflation for the base period; iii. third logic for storing in a third record in the computer amount rates corresponding to each said amount that will be applied to said amounts to achieve target amounts for each said period, said amount rates being related to said projected rate of inflation or deflation; iv. fourth logic for converting said amount rates to factors by dividing each said amount rate by 100 and adding 1, and storing said converted amount rates into a fourth computer record; v. fifth logic for applying each said converted amount rate to its corresponding amount to achieve said target amounts for each said period, and storing said target amounts in a fifth computer record; vi. sixth logic for storing in a sixth record in the computer an actual rate of inflation or deflation for the first of said periods and revised amount rates that are related to said actual rate; vii. seventh logic for recalculating said target amounts for each said period based on said actual rate of inflation or deflation and said revised amount rates, and storing said recalculated target amounts in a seventh record in the computer; viii. eighth logic for calculating variances between targeted amounts and actual amounts for any said period, and storing said variances in an eighth record in the computer; and ix. ninth logic for displaying new projected target amounts based on said actual amounts.
Claim 10
Dependent Claim
42 words
The program product recited by claim 6 wherein said actual amounts, said projected rate of inflation, said rates, said actual rates of inflation and deflation and said revised rates are input to said computer by the user through said computer input device.
Claim 11
Dependent Claim
39 words
The program product recited by claim 6 wherein said actual amounts, said projected rate of inflation, said rates, said actual rates of inflation and deflation and said revised rates are received by said computer from financial planning computer software.
Claim 12
Dependent Claim
17 words
The product recited by claim 6 wherein said variances are provided by said system to investment software.
Claim 13
Dependent Claim
339 words
A computer read only memory for directing a financial operation on the computer, said computer read only memory having a computer program product, said computer program product including: a first logic for storing in a first record in the computer actual amounts of gross income, income taxes, after-tax income, living costs and savings for a base period of time; b. second logic for storing in a second record in the computer a projected rate of inflation or deflation for the first period in a group of periods, said projected rate being related to the rate of inflation or deflation for the base period; c. third logic for storing in a third record in the computer amount rates corresponding to each said amount that will be applied to said amounts to achieve target amounts for each said period, said amount rates being related to said projected rate of inflation or deflation; d. fourth logic for converting said amount rates to factors by dividing each said amount rate by 100 and adding 1, and storing said converted amount rates into a fourth computer record; e. fifth logic for applying each said converted amount rate to its corresponding amount to achieve said target amounts for each said period, and storing said target amounts in a fifth computer record; f. sixth logic for storing in a sixth record in the computer an actual rate of inflation or deflation for the first of said periods and revised amount rates that are related to said actual rate; g. seventh logic for recalculating said target amounts for each said period based on said actual rate of inflation or deflation and said revised amount rates, and storing said recalculated target amounts in a seventh record in the computer; h. eighth logic for calculating variances between targeted amounts and actual amounts for any said period, and storing said variances in an eighth record in the computer; i. ninth logic for displaying said variances; and j. tenth logic for displaying new projected target amounts based on said actual amounts.
Claim 14
Dependent Claim
339 words
A computer read only memory for directing a financial operation on the computer, said computer read only memory having a computer program product, said computer program product including: a first logic for storing in a first record in the computer actual amounts of gross income, income taxes, after-tax income, living costs and savings for a base period of time; b. second logic for storing in a second record in the computer a projected rate of inflation or deflation for the first period in a group of periods, said projected rate being related to the rate of inflation or deflation for the base period; c. third logic for storing in a third record in the computer amount rates corresponding to each said amount that will be applied to said amounts to achieve target amounts for each said period, said amount rates being related to said projected rate of inflation or deflation; d. fourth logic for converting said amount rates to factors by dividing each said amount rate by 100 and adding 1, and storing said converted amount rates into a fourth computer record; e. fifth logic for applying each said converted amount rate to its corresponding amount to achieve said target amounts for each said period, and storing said target amounts in a fifth computer record; f. sixth logic for storing in a sixth record in the computer an actual rate of inflation or deflation for the first of said periods and revised amount rates that are related to said actual rate; g. seventh logic for recalculating said target amounts for each said period based on said actual rate of inflation or deflation and said revised amount rates, and storing said recalculated target amounts in a seventh record in the computer; h. eighth logic for calculating variances between targeted amounts and actual amounts for any said period, and storing said variances in an eighth record in the computer; i. ninth logic for displaying said variances; and j. tenth logic for displaying new projected target amounts based on said actual amounts.
Claim 15
Dependent Claim
42 words
The program product recited by claim 10 wherein said actual amounts, said projected rate of inflation, said rates, said actual rates of inflation and deflation and said revised rates are input to the computer by the user through the computer input device.
Claim 16
Dependent Claim
39 words
The program product recited by claim 10 wherein said actual amounts, said projected rate of inflation, said rates, said actual rates of inflation and deflation and said revised rates are received by the computer from financial planning computer software.
Claim 17
Dependent Claim
19 words
The program product recited by claim 10 wherein said variances are provided by said program product to investment software.
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USPTO Annuity & Maintenance Windows
| Annuity Stage | Window Opens | Payment Deadline | Surcharge Period Until | Estimated Fee | Status |
|---|---|---|---|---|---|
| 3.5 Years (Year 4) | 2002-03-15 | 2002-09-14 | 2003-03-16 | $2000.00 | Window Closed / Lapsed |
| 7.5 Years (Year 8) | 2006-03-15 | 2006-09-14 | 2007-03-16 | $3760.00 | Window Closed / Lapsed |
| 11.5 Years (Year 12) | 2010-03-15 | 2010-09-14 | 2011-03-16 | $7700.00 | Window Closed / Lapsed |