Don’t Touch the Principal — live off the interest…. Why This is Number One of the 5 Giant Myths of Retirement Planning according to

Don’t Touch the Principal — live off the interest…. Why This is Number One of the 5 Giant Myths of Retirement Planning according to

Heard of these myths? Tell us your experience and share other myths or misunderstanding you’ve come across related to Retirement Planning.

How Long Will Your 401(k) Funds Last In Retirement?

“With pensions increasingly rare and the future of Social Security uncertain, many people rely on their 401(k) plans to provide lifetime income once they retire. The problem with this strategy is that no one knows just how long that lifetime will be.

And that’s not the only thing that’s uncertain when it comes to retirement planning…”

If you’re not sure whether or not your funds will last, skip over to this detailed article where Nancy L Anderson outlines how to plan for a lifetime of income in an uncertain environment.


Melody Juge Explains Why General Calculations for Solid Retirement Planning Isn’t Enough

Find out why Melody Juge, managing director at Life Income Management, tells us that

“… knowing what your living expenses are in general isn’t enough”

IN –> 9 key criteria for creating a sound retirement plan

Do you agree with Melody? How do you calculate your living costs AND plan for potential unforeseen ancillary expenses?


Is the Government Planning a Power Grab on YOUR Retirement Accounts?

Marietta, GA, September 24, 2014 – During a recent hearing on Capitol Hill with the Senate Finance Committee, the old rumors and fears of taxing retirement accounts were reborn. According to the hearing information released from the Senate Committee on Finance, Chairman, Ron Wyden (D-Ore), who wants retirement savings on the tax reform agenda, used a recent Governmental Accountability Office, analysis to support claims that:

  • incentives for savings in the tax code are not getting to the people who need them, and
  • something is out of whack with a system that he said taxpayers are subsidizing at a current $140 billion/year.

Additionally, the same GAO analysis that the Chairman referenced contained the following data

  • 9,000 of population have IRAs greater than $5 million
  • 43 million of population have IRAs less than $5 million

Sen. Orrin Hatch (R-Utah), Ranking Member of the Senate Finance committee claimed that to consider the Chairman’s claims are a “political strategy by some in Congress to turn pension policy into just another partisan battleground”.


The committee noted that “IRAs were never intended to become tax shelters for millionaires – they’re designed to help typical Americans save for retirement.”

The committee’s release goes onto say: “As the Finance Committee continues to work on modernizing the tax code, it should take a good look at fixing this issue. With limited resources, it’s crucial to use taxpayer dollars wisely.”


This language indicates that they don’t want to allow IRAs to be tax shelters, which in turn implies taxing them because it’s “crucial to use taxpayer dollars wisely”.


Torrid Technologies’ founder and attorney Timothy Turner says, “The committee seems to be leaning towards the idea of eliminating or reducing the ability of IRAs to shelter money for retirement. They are doing this under the guise that it’s somehow unfair for some people to have saved so much money, but the problem is once you go down this dangerous route where will they stop?  How big or small of an account do you have to have before they eliminate the tax shelter?  U.S. citizens don’t want this type of intrusion into their retirement accounts.”


For more information about the before mentioned U.S. Senate Committee on Finance hearing, please visit (


About Torrid Technologies

Torrid Technologies offers a keep it simple retirement planning tool that allows you to hold onto a strong retirement future, even if the powers that be in Washington try to make a grab for it.  You can download a complimentary demo copy from their website at:






Retirement Software Company Donates 25% of Memorial Day Sales

Retirement Co. Donates to Help Wounded Warriors

Memorial Day Flag Salute

Torrid Technologies, Inc. announced today that it will donate 25% of all sales of RetirementView software that occur over the Memorial Day weekend directly to the Wounded Warrior Project® (WWP)

( — May 24, 2013) Marietta, GA — Torrid Technologies, Inc. announced today that it will donate 25% of all sales of RetirementView software that occur over the Memorial Day weekend directly to the Wounded Warrior Project® (WWP).

Video from Torrid Tech explains their Memorial Day Donation Effort
Memorial Day, the American holiday observed on the last Monday of May, honors men and women who died while serving in the U.S. military.  Many cities and towns hold parades on Memorial Day in honor of military heroes, as well as current military personnel and members of veterans’ organizations.

In honor of our veterans and military personnel, Torrid Technologies decided not to just have another Memorial Day sale, but decided to find a way to truly help some of our veterans that are still living.  This lead to Torrid Tech’s decision to donate 25% of its Memorial Day weekend sales to the Wounded Warrior Project®.  The Wounded Warrior Project website outlines its vision “To foster the most successful, well-adjusted generation of wounded service members in our nation’s history.”

The Wounded Warrior Project’s stated purpose is to raise awareness and enlist the public’s aid for the needs of injured service members, to help injured service members aid and assist each other, and to provide unique, direct programs and services to meet the needs of injured service members.  Some of the programs it offers to serve warriors and their families include a “Combat Stress Recovery Program”, job training and transition, as well as family support services.

“The Wounded Warrior Project has so many great programs to reach out and help our American war veterans,” says Tim Turner, one of the founders of Torrid Technologies. “We wanted to do something real to help those that have served our great country, but have been wounded from that service.  Our company is proud to honor our injured service members by giving a portion of our sales over the Memorial Day weekend to the Wounded Warrior Project.”

Although Torrid Tech’s RetirementView software is not military specific, it can be used by anyone to plan their retirement savings and determine when you will run out of money in retirement.  Since 1993 Torrid Technologies has offered their software to the public to help people plan for their retirement.  The latest version of the software, RetirementView 2013, is available for consumers and professional financial advisors. It’s billed as a “Quick, Simple, and Visual” retirement income planning tool that anyone can use to create a basic retirement plan, even those that are not that good with a computer.

“Although we aren’t selling grills and barbecue items, just retirement planning software, we feel that every little bit helps.  Even though we are a software company, we want to do our part to help our wounded warriors on Memorial Day,” he adds.

About Torrid Technologies:
Torrid Technologies was founded in 1993 and provides easy-to-use financial planning software to consumers, financial advisors, and financial companies including Pacific Life, JANUS, MassMutual, Sentry Insurance, and AXA. You can contact Torrid at:

Torrid Technologies Inc.
For More Information on RetirementView software, please visit:
Address: 1860 Sandy Plains Rd., Suite 204-129, Marietta, GA 30066
Tel: (888) 333.5095

For More Information on the Wounded Warrior Project®, please visit:

Press Contact:
Miji Pearse
Phone: (888) 333-5095 x47


The official Press release is located here.

Welcome to our Retirement Community

Welcome to our Retirement Community!

Torrid Technologies is starting this blog community to provide a place for our customers and the general public to discuss issues related to retirement and investing.

Some of the topics we want people to discuss in this community include:

  • 401(k) Plans (sometimes abbreviated 401k Plans)
  • 72(t) plans filed with the IRS
  • Annuity
  • Annuities
  • Fiduciary Responsibilities
  • Field Marketing Organizations (FMOs or MOs)
  • Fixed Index Annuities
  • Investing for Retirement
  • Life Insurance
  • News related to retirement
  • Pensions and Defined Benefit Plans
  • Registered Investment Advisors (RIAs)
  • Required Minimum Distributions (RMDs)
  • Retirement news
  • Retirement living
  • Retirement Portfolios
  • Retirement Planning
  • Retirement Software
  • Reverse Mortgages
  • Social Security
  • Term Life Insurance
  • Universal Life Insurance
  • Variable Annuities
  • Whole Life Insurance
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