When Can I Retire

You may have retirement savings in a 401(k) plan or IRA or cash and investments. Find out when you will be able to retire based on your financial circumstances. 


**App Highlights**


*"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.

*This unique app factors in the retirement age calculation that you cannot withdraw your retirement savings from a 401(k) plan and IRA before you turn 59 ½ without a possible penalty of 10%.

*This 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 20,500 dollars to the 401(k) for this year as per the current law. However, there is a catch-up contribution limit of additional 6,500 dollars if you are aged 50 and older.

*The app considers that the total of your contributions and employer matching contributions cannot exceed your salary or 61,000 dollars for this year as per the current law. There is a catch-up contribution limit of additional 6,500 dollars if you are aged 50 and older.

*This app lays out a clear picture of your finances with a pre-retirement plan 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 across the launches upon successful retirement age calculation.

*You can share the app via email, Facebook, or Twitter from within the app.


Terms of Use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/