Screenshots

Description

Use this retirement age calculator to know when you will be able to retire based on your financial circumstances.

This app is designed for the individuals who may have an employer-sponsored retirement plan 401K, may contribute to the IRA and may also have additional retirement savings such as cash and investments in taxable accounts.

Early retirement is a possibility for everyone with a structured retirement savings plan regardless of income. Diversified investment of the retirement savings over a long period of time with the compounding effect does the magic for you to retire early. You can start with a small retirement savings contribution but can increase it by a set percentage each year to achieve your retirement goal.

A vast majority of employers offer to match your contributions to retirement savings plan up to a set percentage of your salary. You can take full advantage of this valuable employee benefit to ramp up on your retirement savings. 
 
This app helps you plan for early retirement. It lays out a clear picture of your finances with the pre-retirement plan and post-retirement plan.

You can email your pre-retirement plan and post-retirement plan in tabular and graphical views to yourself or others.

This app saves your inputs across the launches upon successful retirement age calculation.

You can share this app via email, Facebook and Twitter from within the app.

What’s New

Version 3.1

-App has been updated to make some of the input fields optional.
-More explanations have been added to the Post-Retirement plan.

Ratings and Reviews

4.2 out of 5
14 Ratings

14 Ratings

VA Paul ,

Well written and simple to use

Simple to use and gives a great view to support retirement aspirations.

Would be great to include a few factors to even better forecasting.

Would be good to separate taxed (cash/ investments) and taxed advantages savings (401k / pensions) to determine actual retirement age as certain savings can’t be used until 59 1/2.

Social Security income is capped at 5k per month which is not in line with actual caps.

Developer Response ,

Thank you for your feedback. Please check out the new app "When Can I Retire Pro" that separates out the retirement savings in taxable and tax advantaged accounts to calculate the retirement age.

seapickle63 ,

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 👍🏻🇺🇸🚐

Developer Response ,

Thank you so much for taking the time to leave us such a nice review.

Max Lh. ,

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.

Developer Response ,

Thanks for your feedback. We released a new app "When Can We Retire" for married couples. Please try that app. The reason why you may have millions in the balance at the end of life could be that the app assumes that you cannot withdraw retirement savings from a tax-deferred account such as 401K or IRA until the age 59 1/2 to avoid a possible penalty. If possible, please send the screenshots of app inputs to support@grownestegg.com, so that we will be able to confirm it.

Information

Seller
Grow Nest Egg LLC
Size
108.9 MB
Category
Finance
Compatibility

Requires iOS 8.0 or later. Compatible with iPhone, iPad, and iPod touch.

Languages
Age Rating
4+
Copyright
Price
$0.99

Supports

  • Family Sharing

    With Family Sharing set up, up to six family members can use this app.

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