Retirement Planner 7.4.1
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Free Version
Publisher Description
Retirement Planner - Retirement Planner to determine required retirement corpus to maintain lifestyle
Retirement Planner helps you determine how much money you will need for your retirement to maintain the current lifestyle post retirement. You can give the Current Age, Retirement Age, Current Monthly Expenses, Expected Inflation, rate of returns on your investments before retirement and rate of returns on your investments after retirement.
Features
- Fields for Current Age, Retirement Age, Life Expectancy, Monthly Expenses, Inflation, Rate of Return on investment Before Retirement & After Retirement, Years to Retire, Yearly Expenses at retirement, Retirement Corpus, Monthly Investment
- Settings for Default Values - Currency Symbol, Rate of Return, Inflation, Retirement Age, Monthly Expenses & Reload Last Values
- Chart showing Monthly Investment, Yearly Retirement Income and Balance at End of every year in Retirement Corpus.
- Chart Save Chart Menu to save chart file in SD Card folder which user can attach in email.
- Hindi and Korean language added
- Existing Investment field added
- Lump sum investment required
- Monthly investment required
- Retirement Details Table with Investment required before retirement and Inflation adjusted Retirement Income after retirement.
- 2 new premium features added - Save as PDF and Email with PDF
- In app purchase for 1) App upgrade to Premium and 2) Remove ads
- Sample PDF file available at http://www.financialcalculatorsapp.com/Files/RetirementPlanner_sample.pdf
- Number formatting is now based on device locale
Age (Years) : 30
Retirement Age (Years) : 58
Monthly Expenses : 30,000
Inflation (%) : 7
Rate of Return (%) on investment Before Retirement : 15
Rate of Return (%) on investment After Retirement : 10
Year to Retire: 28
Monthly Expenses at retirement : 199,465
Yearly Expenses at retirement : 2,393,582
Retirement Corpus : 39,998,159
Monthly Investment : 7,719
Example:
Suppose you are 30 years old who wants to retire at 58 and expect to live till 80.
If your current Monthly Household Expenses (excluding expenses which will not be part of it post Retirement e.g. EMI, Insurance Premium, Education Expenses etc) are 30000,
You expect inflation to be around 7% for next 28 years,
You expect 15% return on your investments before retirement and
During retirement you expect that your investments will return 10%.
So Number of Years left for your retirement are 28 years and at retirement you will require a retirement corpus of 39,998,159 for which I need to save 7,719 per month.
Support
Please send your suggestion and issues to my E-mail address nilesh.harde@gmail.com
About Retirement Planner
Retirement Planner is a free app for Android published in the Accounting & Finance list of apps, part of Business.
The company that develops Retirement Planner is Nilesh Harde. The latest version released by its developer is 7.4.1.
To install Retirement Planner on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2017-03-27 and was downloaded 2 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Retirement Planner as malware as malware if the download link to nilesh.retirementplanner is broken.
How to install Retirement Planner on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the Retirement Planner is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by Retirement Planner will be shown. Click on Accept to continue the process.
- Retirement Planner will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
