The Retirement Planner vs Retirement Income Planner Usage & Stats

Bonfire Retirement Planner helps you increase your retirement income and extend the life of your savings. You can plan retirement income at the level of risk you are comfortable with, whether your goals are to maximize your income or to leave a larger inheritance. At the heart of the planner is a Monte Carlo simulator that assesses the risk of your plan. We make it easy to find an option that matches your income needs and risk level. We customize plans to your financial situation. After entering basic financial information, including data about the assets and income that you'll have in retirement, we use advanced planning algorithms to find the best options for your situation. No account creation or login is required. Your financial data stays on your device. Bonfire Retirement Planner includes a tax optimizer that estimates the tax efficiency of your plan. The tax optimizer will test multiple tax strategies to find the one that saves you the most money. Our tax planning features can save you tens of thousands of dollars in taxes during your retirement. FREE FEATURES: • Income planning by risk level • Monte Carlo analysis • Federal tax estimation • Pre-retirement contributions • Required Minimum Distribution (RMD) calculations • Retirement income modeling (such as pensions or Social Security) • Private and secure, your financial data stays on your device PAID FEATURES: • All Free features, plus: • Export plan data via email • Cost basis tracking in asset accounts • 'Fixed Percent' withdrawal strategy • 'Ceiling / Floor' withdrawal strategy • 'Proportional' sequencing strategy • 'Early Tax-Deferred' sequencing strategy • 'Fill 15% Tax Bracket' sequencing strategy Read more at https://bonfireplan.com/docs/ Bonfire Retirement Planner is the easiest, safest way to generate income from your portfolio in retirement.