Download When Can I Retire App V. 8.2
Apple AppStore - Google Play
When Can I Retire App V. 8.2
by Grow Nest Egg LLC
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. - More Info...

Available Since: 2018-07-29
Developer: Grow Nest Egg, LLC
Seller: Grow Nest Egg LLC
Price: 0 USD
Current version: 8.2
Last Updated: 2024-03-11

Ratings: 3.66 out of 5 stars.
Based on 60 reviews. (Rate/Review)
Genre: Finance
Filesize: 79.75MB
IOS Bundle ID: com.GrowNestEgg.RetirementAge.RetirementAge
Age Rating: 4+
Languages:

Videos: When Can I Retire App Videos

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/

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