This easy to use app comprises of two retirement calculators: retirement planning and retirement withdrawal calculators.
The retirement planning calculator can help you to estimate how much money you will need to meet your retirement goals. The calculator uses your current age, target retirement age, household income, and current retirement assets to determine how much money youll need in retirement savings as well as how much money youll need to save each month to reach your goal.
This retirement withdrawal calculator can help you figure out how much money you can withdraw from your retirement fund each month. The calculator allows you to calculate a monthly income stream you can receive from your funds at retirement and accommodates any pension income or Social Security youll receive. The calculator also allows you to evaluate your monthly retirement income using a scenario that leaves money in your estate.