When Can I Retire Pro

Description

This unique app calculates your realistic retirement age by taking into account the current laws on retirement plans.

You may have retirement savings in taxable accounts (cash, investments), tax-deferred accounts (Traditional 401k, Traditional IRA), and tax-free accounts (Roth 401k, Roth IRA). Find out when you will be able to retire based on your financial circumstances.

**App Highlights**

* The "When Can I Retire Pro" app calculates your retirement age by separating out your retirement savings in taxable accounts (cash, investments) and tax-advantaged accounts (Traditional, Roth) as certain tax-advantaged retirement savings cannot be withdrawn without a penalty until you reach the age 59 1/2.

* The app factors in the retirement age calculation the taxes you are required to pay on withdrawals from your tax-deferred accounts (Traditional 401k, Traditional IRA).

* The app takes into account that you are required to make minimum withdrawals from your tax-deferred accounts (Traditional 401k, Traditional IRA) from the age of 72 onwards.


* Additionally, this app provides you with an effective strategy on the order in which you can withdraw your retirement assets during your retirement years when you have savings in taxable, tax-deferred, and tax-free accounts. Withdrawals are prioritized from taxable accounts, followed by tax-deferred accounts and finally, tax-free accounts.

* This app lays out a clear picture of your finances with the 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.

* 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.