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Social Security Optimizer:Boss for iOS

By Sawhney Systems Free

Developer's Description

When to start taking your Social Security benefits?

This is a critical retirement decision. You may start as early as 62 but the payment reaches full potential at your Full Retirement Age as set by the Social Security Administration. The monthly payment can grow even further if you decide to wait till age 70. It is nice start getting the funds sooner than later but does it really work out better?

The answer depends on how long you plan on working, marital status, life expectancy, inflation and other factors. A careful analysis is needed to make an informed once-in-a-lifetime decision. This app, Benefit Optimizer for Social Security (Boss) is developed to help you evaluate such important factors and analyze your options.

Boss is designed by financial planning specialists who have been serving professional planners with comprehensive solutions for decades. The essential elements needed to analyze the benefit options are packed in a simple app that can be used by all potential retirees.

Some of the key features of Boss include-

Benefit profile of Singles

Benefit profile of Married couples

Compare options

Minimal data needs

Condensed and detailed results

Tabular or graphic reports

Break-even analysis

Cash needs fulfillment analysis

Income tax impact analysis

Future value analysis

Fully documented operation

Boss displays full-span reports & Graphs that can also be printed:

Monthly Benefits

Annual Benefits

Cumulative Benefits

First Full Year

Monthly Payment Graph

Option Comparing Graph

Cash Needs Fulfillment Pie Chart

Quick & Easy

Analysis with Boss is quick and simple. All you need for an essential analysis is a birth date and the benefit amount at full retirement age (FRA). The Social Security Administration provides the FRA amount to social security payers periodically. With these two data items entered you are ready to analyze. Pick an eligible month and year to view benefit details. Enter different option and view the comparative results and line graphs for an easier grasp of projected results. This simple exercise can now be expanded with other factors such as the inflation rate, life expectancy, rate-of-return, expenses and tax related information.

Use with confidence

You can use Boss with complete confidence for the security of your data and the integrity of computations. Your data stays in your device all the time until you delete it.

Boss is developed and supported by a team of professionals located in USA that have been providing applications to financial planners for over three decades.

Full Specifications

What's new in version 1.46

General

Release July 31, 2019
Date Added July 31, 2019
Version 1.46

Operating Systems

Operating Systems iOS
Additional Requirements Requires iOS 7.0 or later. Compatible with iPhone, iPad, and iPod touch.

Popularity

Total Downloads 0
Downloads Last Week 0
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