EFE 4+

Very Good App — Much Improved

I find the app to be very good. It’s easy to change assumptions to see how your retirement plan is going. Much improved over the app when I first downloaded it a few years ago.

It’s always a good idea to get other advice and compare to FE. Also, it’s never a good idea to rebalance more frequently than quarterly or even semi-annually. FE will recommend rebalancing every time you use the app. Be disciplined and get the benefits of this very good, powerful app.

Developer Response ,

We’re glad you like the current release better. We do, too! We do review your portfolio monthly and recommend any necessary changes as a result of the review.

New Authentication feature is designed poorly

Was working ok just a few days ago but with the last update to provide two factor - it’s now super buggy to the point that it won’t accept credentials even with multiple password resets. Most iOS users want to use the strong password option where the phone generates a strong password. This is more secure. Especially on an app with financial implications such as this one. Those strong passwords are impossible for the user to capture or write down based on the design of that feature - so we rely on the phone to save it in the password bank. Some apps are seemingly poorly designed so that the phone isn’t able to save the password after you pick the strong password option - so unless you use a “user made up” password that you can just remember or write down, you are stuck unable to login using the phone generated strong password. Is that an iOS issue or the app? I’d say it works 99 percent of the time for most sites/apps so something tells me the design of this app didn’t provide for this strong password feature on iPhones - or at least it wasn’t tested to ensure it works …

Seems good

This app seems to work well it’s pretty easy to understand. The only thing I’m a bit unsure about is the financial predictions the app is telling me, originally it was telling me my health insurance during retirement was going to cost me $13,000 a month... that didn’t seem right and just recently after about a year of using the app it has changed down to about 2,000 with no changes made to my account. I also have the account with someone “managing” it for me. I don’t think anyone is doing much with it because I haven’t gotten any information about changes or options. Overall it’s good for safely storing money I believe but I’m not so sure the advice portion is any help.