Latest Version
8.2 Safe to install
8.2 Safe to install
You might have retirement savings in a 401(k), 403(b), or 457(b) plan, as well as an IRA or cash and investments. Discover the projected date for your retirement based on your financial situation.
App Highlights
- When Can I Retire app computes your retirement age by considering various optional factors such as current salary, annual salary increment, yearly retirement contribution, contribution increase, employer matching contribution, post-retirement expenses, social security benefits, and other retirement income.
- The app takes into account the constraint that you cannot withdraw funds from a 401(k), 403(b), or an IRA prior to age 59 ½ without incurring a 10% penalty. However, withdrawals from a 457(b) plan do not face this early withdrawal penalty.
- The app acknowledges that there is a specified maximum limit for contributions to your employer-sponsored retirement plan. For instance, you can contribute up to $22,500 to your 401(k), 403(b), or 457(b) plan for the current year as per regulations. Additionally, individuals aged 50 and above have a catch-up contribution limit of an extra $7,500.
- The app considers that the total of your contributions and employer matching contributions to a 401(k) or 403(b) plan cannot surpass your salary or $66,000 for the ongoing year as per statutory provisions. An additional catch-up contribution limit of $7,500 is applicable for individuals aged 50 and above.
- It presents a comprehensive overview of both pre-retirement and post-retirement financial plans.
- You are able to send your pre-retirement and post-retirement plans in tabular and graphical formats via email to yourself or others using the app.
- The app securely stores your inputs and maintains them across sessions after calculating your retirement age successfully.
- You can easily distribute the app through Text Message, WhatsApp, Facebook, or Twitter directly from within the application.
Terms of Use: Link to Terms of Use
Overview
When Can I Retire is a Freeware software in the category Business developed by Grow Nest Egg, LLC.
The latest version of When Can I Retire is 8.2, released on 04/04/2024. It was initially added to our database on 02/17/2024.
When Can I Retire runs on the following operating systems: iOS.
Users of When Can I Retire gave it a rating of 4 out of 5 stars.
Related
Annuity Calculator - Calc
Simplify Your Financial Planning with Annuity Calculator - CalcCalculator for Social Security
Throughout your career, you have diligently contributed to Social Security, and it is now essential to strategize for the optimal utilization of your earned benefits.Everdays: Retirement Planning
Simplify Your Retirement Journey with EverdaysFERS Toolkit
FERS is a user-friendly retirement planning tool designed for federal employees. The application offers essential eligibility information, the ability to select a retirement date, and calculates your estimated annuity.FERS+CSRS Retirement Estimator
FERS+CSRS Retirement Estimator: A Comprehensive Planning ToolFIREcalc: Early Retirement Age
The FIRE (Financial Independence, Retire Early) movement has garnered increasing interest as individuals seek alternative pathways to traditional employment.Latest Reviews
Onyx Pro Client Setup
Effortless Client Management with Onyx Pro |
|
GRip
GRip by RipTrails: Your Ultimate Trail Navigation Companion |
|
![]() |
ePub Reader for Windows versión
Effortless eBook Reading with ePub Reader for Windows |
![]() |
MiteNews
MiteNews: Revolutionizing News Consumption |
Namirial Sign
Effortless Digital Signing with Namirial Sign |
|
![]() |
Recordify
Effortlessly convert streaming music to MP3 with Recordify by Abelssoft |
![]() |
UpdateStar Premium Edition
Keeping Your Software Updated Has Never Been Easier with UpdateStar Premium Edition! |
![]() |
Microsoft Visual C++ 2015 Redistributable Package
Boost your system performance with Microsoft Visual C++ 2015 Redistributable Package! |
![]() |
Microsoft Edge
A New Standard in Web Browsing |
![]() |
Google Chrome
Fast and Versatile Web Browser |
![]() |
Microsoft Visual C++ 2010 Redistributable
Essential Component for Running Visual C++ Applications |
![]() |
Microsoft Update Health Tools
Microsoft Update Health Tools: Ensure Your System is Always Up-to-Date! |