When Can I Retire 8.2 - App Store

---

About When Can I Retire

This unique app calculates your realistic retirement age by taking into account the current laws on retirement plans. You need not guess and input your retirement age. You may have retirement savings in a 401(k), 403(b),...

This unique app calculates your realistic retirement age by taking into account the current laws on retirement plans. You need not guess and input your retirement age.

You may have retirement savings in a 401(k), 403(b), or 457(b) plan. You may also have an IRA or cash and investments. Find out when you will be able to retire based on your financial circumstances.

**App Highlights**

*The "When Can I Retire" app calculates your retirement age based on numerous optional inputs such as your current salary, yearly salary increase, yearly retirement contribution, yearly contribution increase, employer matching contribution, post-retirement expense, social security, and other retirement income.

*The unique app factors in the retirement age calculation that you cannot withdraw your retirement savings from a 401(k) plan, 403(b) plan, or an IRA before you turn 59 ½ without incurring a possible 10% penalty. However, you can withdraw your retirement savings from a 457(b) plan without facing an early withdrawal penalty.

*The app considers that you can contribute only up to a specific maximum limit to your employer-sponsored retirement plan. For example, you can contribute a maximum of 23,000 dollars to your 401(k), 403(b), or 457(b) plan for this year as per the current law. However, there is a catch-up contribution limit of an additional 7,500 dollars if you are aged 50 and older.

*The app considers the combined total of your contributions and employer matching contributions to a 401(k) or 403(b) plan cannot exceed your salary or 69,000 dollars for this year as per the current law. There is a catch-up contribution limit of an additional 7,500 dollars if you are aged 50 and older.

*The app lays out a clear picture of your finances with both a pre-retirement and post-retirement plan.

*The app allows you to email your pre-retirement plan and post-retirement plan in tabular and graphical views to yourself or others.

*This app saves your inputs and retains them across the launches upon successful retirement age calculation.

*You can share the app via Text Message, WhatsApp, Facebook, or Twitter from within the app.

Terms of Use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

Mar 11, 2024
Version 8.2
We have updated the contribution limits for the retirement plans.

---

Previous Versions

Here you can find the changelog of When Can I Retire since it was posted on our website on 2021-12-18 09:10:02. The latest version is 8.2 and it was updated on 2024-04-19 22:59:51. See below the changes in each version.

---

Related Apps

Here you can find apps that are similar with When Can I Retire.

---

Disclaimer