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- When Can I Retire Vs. Retirement Income Planner
When Can I Retire im Vergleich zu Retirement Income Planner Nutzung und Statistiken
You may have retirement savings in a 401(k), 403(b), or 457(b) plan. You may also have an IRA or cash and investments. Find out when you will be able to retire based on your financial circumstances.
**App Highlights**
*The "When Can I Retire" app calculates your retirement age based on numerous optional inputs such as your current salary, yearly salary increase, yearly retirement contribution, yearly contribution increase, employer matching contribution, post-retirement expense, social security, and other retirement income.
*The unique app factors in the retirement age calculation that you cannot withdraw your retirement savings from a 401(k) plan, 403(b) plan, or an IRA before you turn 59 ½ without incurring a possible 10% penalty. However, you can withdraw your retirement savings from a 457(b) plan without facing an early withdrawal penalty.
*The app considers that you can contribute only up to a specific maximum limit to your employer-sponsored retirement plan. For example, you can contribute a maximum of 23,000 dollars to your 401(k), 403(b), or 457(b) plan for this year as per the current law. However, there is a catch-up contribution limit of an additional 7,500 dollars if you are aged 50 and older.
*The app considers the combined total of your contributions and employer matching contributions to a 401(k) or 403(b) plan cannot exceed your salary or 69,000 dollars for this year as per the current law. There is a catch-up contribution limit of an additional 7,500 dollars if you are aged 50 and older.
*The app lays out a clear picture of your finances with both a pre-retirement and post-retirement plan.
*The app allows you to email your pre-retirement plan and post-retirement plan in tabular and graphical views to yourself or others.
*This app saves your inputs and retains them across the launches upon successful retirement age calculation.
*You can share the app via Text Message, WhatsApp, Facebook, or Twitter from within the app.
Terms of Use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/
- Apple App Store
- Kostenlos
- Finanzen
Rang speichern
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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.
- Apple App Store
- Kostenlos
- Finanzen
Rang speichern
- -
When Can I Retirevs. Retirement Income Planner Ranking-Vergleich
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When Can I Retire VS.
Retirement Income Planner
Dezember 15, 2024