This unique retirement app calculates your retirement age by separating out your retirement savings in taxable accounts (cash, investments) and tax-advantaged accounts (Traditional, Roth) as certain tax-advantaged retirement savings cannot be withdrawn without a penalty until you reach the age 59 1/2.
Additionally, this calculator helps you with an effective strategy on the order in which you can withdraw your retirement assets during your retirement years when you have savings in taxable, tax-deferred and tax-free accounts. The retirement withdrawals are made first from your taxable accounts, then from your tax-deferred accounts and finally from your tax-free accounts.
This app 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 from within the app.
You can share the app via email, Facebook and Twitter from within the app.
We have updated the help documentation in the app for an even better experience for you. Please try the latest version and rate us. Your feedback is highly appreciated.
Ratings and Reviews
Very helpful App...
Straightforward and easy to use. I’d like to see other sources of retirement income included like pension and real estate income. I’d also like to see a little better documentation around savings and 401k contributions. I’m assuming they stop at retirement age, but it wasn’t clear to me (unless I just missed it). An auto fill on Social Security would be helpful since it gives you the full retirement Calc anyway. Plus, I didn’t see a place to add spousal information. Just some thoughts...But overall, very good.
With Family Sharing set up, up to six family members can use this app.