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When I retire, how much will I need, and is it really enough to support my lifestyle

Nest Egg Simulator

by TKO Software Soutions LLC

What is it about?

When I retire, how much will I need, and is it really enough to support my lifestyle? So many questions, so few answers. There really is no guarantee, but there are probabilities.

App Details

Version
1.0
Rating
NA
Size
14Mb
Genre
Finance Education
Last updated
June 4, 2024
Release date
June 4, 2024
More info

App Screenshots

App Store Description

When I retire, how much will I need, and is it really enough to support my lifestyle? So many questions, so few answers. There really is no guarantee, but there are probabilities.

Monte Carlo Retirement Simulator helps you to see how likely it is that your money will last through your retirement period. Instead of using a fixed rate of return for investments and fixed inflation rate, Monte Carlo Retirement Simulator uses historical data from the United States to model how your stocks and bonds will perform and how inflation will erode your purchasing power. This allows the simulation to show you the likelihood your money will last for your retirement period.

Just enter your retirement nest egg amount, your annual withdrawal amount and your investment mix, then let Monte Carlo Retirement Simulator do the rest. Using historical United States stock, bond and inflation data from the last century, it calculates thousands of scenarios and tabulates the results to show you just how likely you are to live comfortably in retirement.

Here are some of the features you get with Monte Carlo Retirement Simulator:
Ability to customize your retirement conditions
• Initial retirement nest egg
• Annual withdrawal amount
• Retirement duration
• stocks-bonds allocation mix
Annual withdrawals are inflation adjusted
• No worries about inflation tainting results
Neatly graphed net worth projections vs time
Confidence interval adjustment for all net worth simulations
• How certain do you need the answer to be?
Success rate prediction graph to assist in formulating retirement goals 
Chart showing net worth likelihood vs net worth distribution
Net worth distribution for all years of your retirement
• Allows you to track net worth as your retirement progresses
• Easy to track progress to ensure you're on target in retirement

Monte Carlo Retirement Simulator requires a subscription to use. The annual subscription comes with a one month free trial and supports family sharing.

Disclaimer: This program is for illustrative purposes only and should not be used for financial decisions. For retirement planning consult a Certified Financial Planner.

Terms of Use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/
Privacy Policy: https://tko-software-solutions.org

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