RetirePlan
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Description

RetirePlan is an iPad app that helps you answer all your questions about your retirement. If you have questions about your retirement finances, this is the app to answer them.

When can I retire?
How much do I need to save every year?
How much money will I get every year in my retirement?
How long will my money hold out in my retirement?

In just a few seconds you can enter your data and assumptions and the graph will update to show you if your plan will work. If you have more time to spend you can enter as much detail as you want to refine your plan.

The sliders give you an easy way to see what different values will do to your plan. Need to enter a value outside the slider range? press the amount and a calculator will pop up to let you enter whatever number you need. The slider range will update automatically.

Bring up the spreadsheet to see all the details for every year of the plan.

Email your results.

Use the settings to add your spouse, include or remove Social Security, and show or hide inflation and interest rates.

Use the + button to add a pension, send a child to college, large upcoming expenses, add additional rates of return and retirement income assumptions.

include Tax assumptions to get an even more accurate picture of your future.
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In-Apps

5 Scenarios
£1.99
save 5 more scenarios
£1.99
5 additional scenarios
£1.99

Screenshots

User Rating

2.75 out of 5

4 ratings in United Kingdom

5 star
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4 star
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3 star
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2 star
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1 star
2

Ratings History

Reviews

General

Malaga bo on

What have you done with the upgrade it’s a terrible upgrade , can’t see half of the index on the left margin and keeps going into portrait mode from landscape

Pretty close to being useless

Retired Software Consultant on

This app is fundamentally broken. The reason for this is the lack of ability to enter things like the rate of tax, and to specify different rates of return for different asset types. Which renders the thing pointless, because to get anything close to a meaningful result, you have to go work a bunch of things out in a spreadsheet. And if you do that, then this app offers you nothing, as you can quite quickly build a model in Numbers or Excel in, maybe, fifteen minutes. And most importantly, that model will be far more accurate than this app offers. I'm guessing that the developer has gone for simplicity over accuracy, but the net result is an app that gives very misleading results. And hence, it can be worth no more than a single star.

Excellent app; but important improvement required!

Nick Badger on

I have recently started using this app having been recommended it by a financial advisor. It is very easy to use and has provided excellent clarity to my financial position which has given me the confidence to retire many years earlier than I originally envisaged. However I totally agree with another user’s comments in that the app should include the functionality to enter different rates of return for different asset categories. For example, in the UK, cash saving rates are as low as 1.5% but the forecast returns for stocks are likely to be significantly higher. This means you have to calculate a weighted average return dependant on the mix and value of assets held.

Very easy

Chrizpyoung on

This app can be as easy or as detailed as you wish. To get started it is very easy, however as we move forward maybe decide to include an extra pension, varying rates of usage of funds or change the date when you retire-the app makes it really quite simple. It is also worth noting that the app takes the currency that the iPad is set for and it's not just for US dollars.

So good I am buying extra scenarios just to pay the author.

TonyNewton on

This app is excellent, and by far the best of it's type that I have come across. I have in fact used it to help me calculate out my savings and retirement income such that I cemented the confidence to retire 15 years early! Recent updates have added the ability to really stress some of the scenarios, like adding in a market crash and then vary rates of return as the market recovers, i.e. Just how the market works. As I say in my title, I have found this app so invaluable that I am going to buy some extra scenarios, not because I need them, but to reward the author with some income from the otherwise free app. £1.49 well spent! One development I would really like to see, if the author reads this, is to separate out savings and investments, so I could apply two different rates of return, and split my portfolio between these two. Until now I have had to assume things like a 4% market return, to take the average of savings v investments, and to input a 15% or 20% market crash when I really want to put 30 or 40%.

Excellent support

Broker Steve on

Responded to my new user queries within an hour. Brilliant.

Really useful

Harbourmeister on

What a great app for retirement scenario planning! I would pay for a regularly updated version with just a few improvements - such as the ability to save scenarios and graph different fields.

Great

Spyuk on

Excellent app thanks

Thanks for fixing this app

Diamonds mine on

Many thanks for making this great app work again. I was fed up when it stopped working for a few days, mainly because it was so useful. Now it is fixed and I am happy again. Thank you.

Great planner

£Bill on

Great app to have some fun (or not) when planning for retirement. I used to do this in excel using the Fv formulae, but this is way more advanced allowing you to take into account anticipated future expenditure and various scenarios including adjusting the expected rate of return etc.

Store Rankings

Ranking History

App Ranking History not available yet

Category Rankings

Chart
Category
Rank
Top Paid
11
Top Paid
136
Top Paid
174
Top Paid
350
Top Paid
396

Keywords

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Revenue and Downloads

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App Info

Category
Finance
Languages
English
Recent version
2.0.6 (3 months ago )
Released on
May 11, 2011 (13 years ago )
Last updated
2 months ago