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When Can I Retire Pro

Use this unique calculator to know your retirement age based on your retirement savings in taxable accounts (cash, investments), tax deferred accounts (Traditional 401k, Traditional IRA) and tax exempt accounts (Roth 401k, Roth IRA)

Use this unique calculator to know your retirement age based on your retirement savings in taxable accounts (cash, investments), tax deferred accounts (Traditional 401k, Traditional IRA) and tax exempt accounts (Roth 401k, Roth IRA)

When Can I Retire Pro

by Grow Nest Egg, LLC
When Can I Retire Pro
When Can I Retire Pro

What is it about?

Use this unique calculator to know your retirement age based on your retirement savings in taxable accounts (cash, investments), tax deferred accounts (Traditional 401k, Traditional IRA) and tax exempt accounts (Roth 401k, Roth IRA).

App Details

Version
1.3
Rating
NA
Size
104Mb
Genre
Finance
Last updated
July 24, 2019
Release date
April 18, 2019
More info

App Screenshots

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App Store Description

Use this unique calculator to know your retirement age based on your retirement savings in taxable accounts (cash, investments), tax deferred accounts (Traditional 401k, Traditional IRA) and tax exempt accounts (Roth 401k, Roth IRA).

This calculator takes into account the following criteria to compute your retirement age.

-Typically you cannot withdraw your retirement savings from tax deferred accounts (Traditional 401k, Traditional IRA) and earnings from tax exempt accounts (Roth 401k, Roth IRA) without penalty until you reach the age 59 1/2
-You are required to pay taxes on withdrawals from your tax deferred accounts (Traditional 401k, Traditional IRA)
-You are required to make minimum withdrawals from your tax deferred accounts (Traditional 401k, Traditional IRA) from the age 70 1/2 onwards.

Additionally, this calculator helps you with an effective strategy on the sequence in which you can withdraw your retirement assets during your retirement years when you have savings in taxable, tax deferred and tax exempt accounts. The retirement withdrawals are made first from your taxable accounts, then from your tax deferred accounts and finally from your tax exempt accounts.

This app lays out a clear picture of your finances with pre retirement plan and post retirement plan.

You can email your Pre Retirement Plan and Post Retirement plan in tabular and graphical views to yourself or others from within the app.

You can share this app via Email, Facebook and Twitter from within the app.

Disclaimer:
AppAdvice does not own this application and only provides images and links contained in the iTunes Search API, to help our users find the best apps to download. If you are the developer of this app and would like your information removed, please send a request to [email protected] and your information will be removed.