Gerald E Wagner

US Patent:

7634436, Dec 15, 2009

Filed:

May 5, 2004

Appl. No.:

10/839192

Inventors:

Gerald C. Wagner - San Francisco CA, US

International Classification:

G06F 17/60
G06F 17/00

US Classification:

705 35, 705 36 R, 705 37

Abstract:

Computer-based systems and methods are described for generating personalized, automated contribution strategies for scheduling contributions to a retirement savings plan or other savings plan. Embodiments of the systems and methods provide visual and other educational displays to assist a client in choosing a suitable savings contribution strategy that may take into account at least one of the set consisting of: details of an employer-sponsored savings fund available to the client which may include opportunities for employer matching-funds, acceptable portion of standard-of-living increases derived from salary raises that the client is willing to contribute to a savings plan, client's current savings behavior and value of savings portfolio, effects of the stochastic nature of future investment portfolio value, and changing federal tax regulations. Clients may use the systems for educational and planning purposes and/or may authorize automated triggering of contributions with scheduled increases and/or decreases as specified by the selected plan.

US Patent:

7962394, Jun 14, 2011

Filed:

Dec 14, 2009

Appl. No.:

12/637697

Inventors:

Gerald C. Wagner - San Francisco CA, US

Assignee:

Ibis Software Corporation - Alameda CA

International Classification:

G06Q 40/00

US Classification:

705 35, 705 36 R

Abstract:

Computer-based systems and methods are described for generating personalized, automated contribution strategies for scheduling contributions to a retirement savings plan or other savings plan. Embodiments of the systems and methods provide visual and other educational displays to assist a client in choosing a suitable savings contribution strategy that may take into account at least one of the set consisting of: details of an employer-sponsored savings fund available to the client which may include opportunities for employer matching-funds, acceptable portion of standard-of-living increases derived from salary raises that the client is willing to contribute to a savings plan, client's current savings behavior and value of savings portfolio, effects of the stochastic nature of future investment portfolio value, and changing federal tax regulations. Clients may use the systems for educational and planning purposes and/or may authorize automated triggering of contributions with scheduled increases and/or decreases as specified by the selected plan.

US Patent:

7974917, Jul 5, 2011

Filed:

Nov 20, 2007

Appl. No.:

11/943498

Inventors:

Gerald C. Wagner - San Francisco CA, US

Assignee:

Ibis Software Corporation - Alameda CA

International Classification:

G06Q 40/00

US Classification:

705 38

Abstract:

The present invention relates to a mortgage having a forward portion and a reverse portion. In the forward portion, the borrower receives a loan from a lender in order to purchase or refinance a property, such as a home. In the reverse portion, the property has accumulated sufficient equity to enable the lender to disburse funds back to the borrower. The present disclosure describes various computer systems and computer-implemented methods that assist in planning for this type of mortgage. Various factors may be considered, such as, the home value, ages of one or more borrowers, and an expected mortgage interest rate that may be used to calculate a reverse portion loan-to-value ratio. Then, considering the existing forward portion loan balance, different scenarios for conversion from the forward portion to the reverse portion of the mortgage may be calculated and presented. For example, one or more forward mortgage payment schedules may be calculated and future reverse mortgage timing and capacity may be presented. In some embodiments, the reverse mortgage capacity is used to pay some or all of the forward mortgage portion.

US Patent:

8321336, Nov 27, 2012

Filed:

Jun 24, 2011

Appl. No.:

13/168612

Inventors:

Gerald C. Wagner - Alameda CA, US

Assignee:

Ibis Software Corporation - Alameda CA

International Classification:

G06Q 40/00

US Classification:

705 38

Abstract:

The present invention relates to a mortgage having a forward portion and a reverse portion. In the forward portion, the borrower receives a loan from a lender in order to purchase a property, such as a home. In the reverse portion, the property has accumulated sufficient equity to enable the lender to disburse funds back to the borrower. The present disclosure describes various computer systems and computer-implemented methods that assist in planning for this type of mortgage. Various factors may be considered, such as, the initial loan principal, ages of one or more borrowers, and a desired mortgage interest rate, and calculates. Different scenarios for conversion from the forward portion to the reverse portion of the mortgage may then be calculated and presented. For example, one or more forward mortgage payment schedules may be calculated and future reverse mortgage capacity may be presented. In some embodiments, the reverse mortgage capacity is used to pay some or all of the forward mortgage portion.

US Patent:

20110246393, Oct 6, 2011

Filed:

Jun 13, 2011

Appl. No.:

13/159254

Inventors:

Gerald C. Wagner - Alameda CA, US

Assignee:

Ibis Software Corporation - Alameda CA

International Classification:

G06Q 40/00

US Classification:

705 36 R

Abstract:

Computer-based systems and methods are described for generating personalized, automated contribution strategies for scheduling contributions to a retirement savings plan or other savings plan. Embodiments of the systems and methods provide visual, graphic, and other educational displays to assist a client in choosing a suitable savings contribution strategy that may take into account at least one of the set consisting of: details of an employer-sponsored savings fund available to the client which may include opportunities for employer matching-funds, desired portion of potential standard-of-living increases derived from salary raises that the client is willing to contribute to a savings plan, client's current savings behavior and value of savings portfolio, effects of the stochastic nature of future investment portfolio value, and changing federal tax regulations. Clients may use the systems for educational and planning purposes and/or may authorize automated triggering of contributions with scheduled increases and/or decreases as specified by the selected strategy.

US Patent:

20140143173, May 22, 2014

Filed:

Mar 14, 2013

Appl. No.:

13/830725

Inventors:

GERALD COCHRANE WAGNER - Alameda CA, US

International Classification:

G06Q 30/06

US Classification:

705 36 R

Abstract:

Systems and methods are described for providing information to retirees wishing to supplement a retirement investment portfolio by judicious use of funds from one of several available reverse mortgage programs. System inputs can include data about the retiree(s), the investment portfolio, a primary residence, a desired amount of funds to be drawn on a monthly, yearly, or other regular basis. Based at least in part on the accepted data, various simulations can be run which show the likelihood of the portfolio lasting and providing the desired funds across the length of the retirement planning horizon. Simulations can include, scenarios in which (a) no reverse mortgage funds are used, (b) reverse mortgage funds are used until they are exhausted before beginning to draw funds from the investment portfolio, and/or (c) scenarios in which regularly scheduled reverse mortgage funds are used to supplement (and thereby reduce) portfolio withdrawals.