Scaling issues
Great app that saves time--i no longer am constantly googling "retirement calculator". However, it doesn't display correctly on my iphone mini. Some of the fields are cut off on my display, so I can't use them. I paid for the app because I thought it may have been due to ads pushing the graphics down, and that did help slightly, but I still can't access all of the fields.
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Great but with some math issues
The Withdrawal calculator with inflation adjustment of the withdrawals is a great feature but it doesn’t pass some basic validation of it’s results:
For example, starting with a 1,000,000 balance, a 5% rate of return, and 3% inflation adjustment. It should be possible to withdraw inflation adjusted 20,000 each year (2% of each years balance) while still allowing the principal to grow with the inflation rate.
However the calculator claims that the balance will reach 0 after 159 years. It will actually be a staggering 110 million dollars after 159 years.
For example, starting with a 1,000,000 balance, a 5% rate of return, and 3% inflation adjustment. It should be possible to withdraw inflation adjusted 20,000 each year (2% of each years balance) while still allowing the principal to grow with the inflation rate.
However the calculator claims that the balance will reach 0 after 159 years. It will actually be a staggering 110 million dollars after 159 years.
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Plan your wealth
Easy to use and a vital app to wrap your head around the ‘eighth wonder of the world’. Love the graphs and year on year breakdown.