Wealth Projector: Gamified and Holistic

We can sum up Wealth Projector's unique selling point in three words: Wealth Projector is gamified and holistic:

1. Gamified

We've gamified the Fact Find! We've applied many of the core tenets of games and gamification to the traditional financial services process of information gathering. Specifically:

• Fun: our User Interface (UI) is heavy on cartoons, graphics and colours, and low on text
• Self-expression: our drag-and-drop UI allows users to layout a picture of their family, arranging aspects of their lives in a way that resonates with them. The visual motif they create is used throughout the game and the Wealth Report to create an emotive connection
• Nonlinearity: the user is guided, but not forced, into the order they complete the game. They can take their own path, focusing on their own priorities
• Rewards: the user is prompted only for small, manageable pieces of information at a time, then continually rewarded by unlocking extra pages of their Wealth Report
• Achievement: the user is encouraged to reach 100% completion, and rewarded with a final PDF of their work and additional bonus spreadsheet of their projections

2. Holistic

We've overturned the traditional separation of financial services calculators! In fact, the user isn't even aware they're using a calculator at all. We take as much or as little information as the user has entered so far (remember, the user gets to preview their growing report at any time) and automatically apply thousands of calculations. Often, these calculations interact in subtle ways that traditional approaches fail at. For example:

• Combine home equity redraw with mortgage rates: we'll automatically determine the equity in the user's home, allow them to redraw it, and automatically project how that increases their mortgage repayments
• Combine super projections with TTR: we'll automatically begin Transition to Retirement (TTR) at 55, and project how that impacts the user's superannuation
• Combine income with negative gearing: we'll automatically apply any negatively-geared tax rebates
• Combine savings with Age Pension: we'll automatically apply the Age Pension Income and Asset Test, and project the user's Age Pension each year
• Interleave family ages: we'll automatically consider the difference in the user's age, their partner and their children. We'll project how this affects the different years in which their super's mature, life expectancy, school fees, and more
• Project the variables: we let the user explore variations involving parental leave, casual jobs in retirement, mortgage rate increases, inheritance, and many more!

Together, Wealth Projector's gamified and holistic approach delivers a unique, game-changing product that makes a real difference to the financial literacy of everyday Australians.