Good app
Nice to see month by month amounts
When Can I Retire
Retirement Age Calculator
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Description
You may have retirement savings in a 401(k), 403(b), or 457(b) plan. You may also have an IRA or cash and investments. Find out when you will be able to retire based on your financial circumstances.
**App Highlights**
*The "When Can I Retire" app calculates your retirement age based on numerous optional inputs such as your current salary, yearly salary increase, yearly retirement contribution, yearly contribution increase, employer matching contribution, post-retirement expense, social security, and other retirement income.
*The unique app factors in the retirement age calculation that you cannot withdraw your retirement savings from a 401(k) plan, 403(b) plan, or an IRA before you turn 59 ½ without incurring a possible 10% penalty. However, you can withdraw your retirement savings from a 457(b) plan without facing an early withdrawal penalty.
*The app considers that you can contribute only up to a specific maximum limit to your employer-sponsored retirement plan. For example, you can contribute a maximum of 23,000 dollars to your 401(k), 403(b), or 457(b) plan for this year as per the current law. However, there is a catch-up contribution limit of an additional 7,500 dollars if you are aged 50 and older.
*The app considers the combined total of your contributions and employer matching contributions to a 401(k) or 403(b) plan cannot exceed your salary or 69,000 dollars for this year as per the current law. There is a catch-up contribution limit of an additional 7,500 dollars if you are aged 50 and older.
*The app lays out a clear picture of your finances with both a pre-retirement and post-retirement plan.
*The app allows you to email your pre-retirement plan and post-retirement plan in tabular and graphical views to yourself or others.
*This app saves your inputs and retains them across the launches upon successful retirement age calculation.
*You can share the app via Text Message, WhatsApp, Facebook, or Twitter from within the app.
Terms of Use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/
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**App Highlights**
*The "When Can I Retire" app calculates your retirement age based on numerous optional inputs such as your current salary, yearly salary increase, yearly retirement contribution, yearly contribution increase, employer matching contribution, post-retirement expense, social security, and other retirement income.
*The unique app factors in the retirement age calculation that you cannot withdraw your retirement savings from a 401(k) plan, 403(b) plan, or an IRA before you turn 59 ½ without incurring a possible 10% penalty. However, you can withdraw your retirement savings from a 457(b) plan without facing an early withdrawal penalty.
*The app considers that you can contribute only up to a specific maximum limit to your employer-sponsored retirement plan. For example, you can contribute a maximum of 23,000 dollars to your 401(k), 403(b), or 457(b) plan for this year as per the current law. However, there is a catch-up contribution limit of an additional 7,500 dollars if you are aged 50 and older.
*The app considers the combined total of your contributions and employer matching contributions to a 401(k) or 403(b) plan cannot exceed your salary or 69,000 dollars for this year as per the current law. There is a catch-up contribution limit of an additional 7,500 dollars if you are aged 50 and older.
*The app lays out a clear picture of your finances with both a pre-retirement and post-retirement plan.
*The app allows you to email your pre-retirement plan and post-retirement plan in tabular and graphical views to yourself or others.
*This app saves your inputs and retains them across the launches upon successful retirement age calculation.
*You can share the app via Text Message, WhatsApp, Facebook, or Twitter from within the app.
Terms of Use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/
In-Apps
- Yearly
- $5.99
- Monthly
- $0.99
Screenshots
User Rating
3.9 out of 5
52 ratings in United States
5 star
30
4 star
7
3 star
4
2 star
2
1 star
9
Ratings History
Reviews
Good app
Great app to approximate retirement income
Easy to use
A great way to experiment with retirement savings variables to look at options and plan ahead.
Simple straightforward.
Does the job. Not super flexible but certainly a great start to get an idea of where you are and where you need to be. Thank you for this.
Yeah, right
Ok sure
No Pulitzer unless you pay … at the end
Terrible marketing ploy. Avoid.
Easy to use
Nice little app!
Fantastic.
Intuitive and comprehensive, this App allows you to massage many variables to get a real feel about how your retirement plan is shaping up and what you can do to improve it.
Very Cool Calculator for Retirement
Really cool retirement calculator. I’m 56 and it looks like I can quit fulltime work at 62. Still work part time and travel the country in my van 👍🏻🇺🇸🚐
Dale
The Social Security amount does not allow for married couples totals vs an individual. The calculation always shows two years out to retire even if there are millions in the balance at the end of life.
Store Rankings
Ranking History
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Keywords
retirement planner,
retirement calculator,
john hancock,
new retirement,
the retirement planner,
fire calculator
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App Info
- Category
- Finance
- Publisher
- Grow Nest Egg LLC
- Languages
- Recent version
- 8.2 (4 months ago )
- Released on
- Jul 29, 2018 (6 years ago )
- Also available in
- United States, Pakistan, Italy, Japan, South Korea, Kuwait, Kazakhstan, Lebanon, Mexico, Malaysia, Nigeria, Netherlands, Norway, New Zealand, Peru, Philippines, India, Poland, Portugal, Romania, Russia, Saudi Arabia, Sweden, Singapore, Thailand, Turkey, Taiwan, Ukraine, Vietnam, South Africa, Denmark, Argentina, Austria, Australia, Azerbaijan, Belgium, Brazil, Belarus, Canada, Switzerland, Chile, China, Colombia, Czechia, Germany, United Arab Emirates, Dominican Republic, Algeria, Ecuador, Egypt, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Hungary, Indonesia, Ireland, Israel
- Last updated
- 1 month ago