By Katherine Philip
Open iTunes to buy and download apps.
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.
What's New in Version 1.11
Now see each year as a set of pie graphs. I've added a new way to visualize your retirement picture as well as more information about your balances.
minor bug fixes also included.