Retire Now is an iPad app that allows you to explore the possibilities of retirement as well as its pitfalls. You can add and subtract different financial variables to see how they may impact, positively and negatively, your golden years just by answering a dozen or so simple questions.
Am I saving enough to hit my retirement date?
How might taxes affect my savings?
Will inflation eat up my nest egg?
Does saving early and often really build that much wealth?
What if there is a stock market crash in 10 years?
Will spending more in my early retirement years affect my later income?
These are just a few of the questionsthis app will help you answer. You can also change your answers and see how that changes your earnings later. You can test scenarios like college for the kids or a new SUV, as well as that big inheritance from yourlong-lost uncle.
The app is set up to guide you and help you understand the ins and outs of each question.