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Legacy Pro

Legacy Pro
  • #: 20157
  • Price: $0.99 In Apple Store
  • Category: Finance
  • Updated: 2010-01-04
  • Current Version: 1.0
  • 1.0
  • Size: 0.10 MB
  • Language: English
  • Seller: Nick Dawe
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 3.1.2 or later
  • © reallyusefulengines
  •  Add to Favorite apps

 

Description

This is the coolest App is you want to know how much you need to save for retirement........

You can put upto $16, 500 into a 401K every year but do you need to ?

Want to retire early ? how early.....see if your funds will last your retirement if you retire early...

using simple assumptions about your age, your savings and the amount you can save, this App will tell you if your retirement plan will work....

Enter your age, life expectancy and desired retirement age

Enter your current retirement savings and your futre annual savings

Enter your expected retirement income...

Enter your expected retrun on investment and your expected inflation rate...don't know ???? well, our guess is 3.5% for inflation and a conservative 9.5% for your investments (S&P500 historically returns more than 10%, if you include divident re-investment)...

Oh.. and remember, find a low cost mutual fund... those funds that charge less than 0.5% per annum.... otherwise, you money will work for Wall Street, not for you.....

Legacy Pro lets you e-mail your scenario to your advisor or family member or whoever you want to share with...

Buy legacy pro and know you can achieve your retirement goals.....

Calculates retirement income based on simple assumptions

iPhone Screenshots

Legacy Pro iPhone Screenshot 1

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Rated 4/5 based on 2 customer reviews.

 

5/5 stars

Quick retirement calcs

:
Easy to change assumtions and see effect. Want to retire early.....see impact quickly

4/5 stars

Good basic caculator

:
Not bad for 98 cents. Might speed the learning curve to explain each variable. It isn't until you go to mail the results (like to yourself) that certain items demystify. I recommend it.

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The information may be outdated (2011-03-27 23:20:31). For actual information go to iTunes


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