# Retirement Income Planner — Optimize income, save on taxes > Retirement income and tax optimization tool with Monte Carlo simulation. (iPhone/iPad app by 45 Adapter LLC.) - Source: https://appshunter.io/ios/app/retirement-income-planner/id1520713722 (this page in markdown: same URL + `.md`) - Developer: [45 Adapter LLC](https://appshunter.io/developer/1520713724) - Category: Finance, Utilities - Price: Free with in-app purchases - Rating: 4.54/5 from 28 App Store ratings · 6 written reviews indexed - Age rating: 4+ - Requires: iOS 14.1 · 3 MB - Languages: English - Released: 2020-07-02 - Data updated: 2026-06-10 - Monetization: freemium - User reviews in markdown: https://appshunter.io/ios/app/retirement-income-planner/id1520713722/reviews.md ## What is Retirement Income Planner? Bonfire Retirement Planner helps you increase your retirement income and extend the life of your savings. You can plan retirement income at the level of risk you are comfortable with, whether your goals are to maximize your income or to leave a larger inheritance. At the heart of the planner is a Monte Carlo simulator that assesses the risk of your plan. We make it easy to find an option that matches your income needs and risk level. We customize plans to your financial situation. After entering basic financial information, including data about the assets and income that you'll have in retirement, we use advanced planning algorithms to find the best options for your situation. No account creation or login is required. Your financial data stays on your device. Bonfire Retirement Planner includes a tax optimizer that estimates the tax efficiency of your plan. The tax optimizer will test multiple tax strategies to find the one that saves you the most money. Our tax planning features can save you tens of thousands of dollars in taxes during your retirement. FREE FEATURES: • Income planning by risk level • Monte Carlo analysis • Federal tax estimation • Pre-retirement contributions • Required Minimum Distribution (RMD) calculations • Retirement income modeling (such as pensions or Social Security) • Private and secure, your financial data stays on your device PAID FEATURES: • All Free features, plus: • Export plan data via email • Cost basis tracking in asset accounts • 'Fixed Percent' withdrawal strategy • 'Ceiling / Floor' withdrawal strategy • 'Proportional' sequencing strategy • 'Early Tax-Deferred' sequencing strategy • 'Fill 15% Tax Bracket' sequencing strategy Read more at https://bonfireplan.com/docs/ Bonfire Retirement Planner is the easiest, safest way to generate income from your portfolio in retirement. ## Key features - Income planning by risk level - Monte Carlo analysis for risk assessment - Federal tax estimation and optimization - Retirement income modeling - Private and secure, data stays on device - Tax optimizer to save money ## Pricing and in-app purchases Base price: Free. **One-time purchases** | Purchase | Price | Type | | --- | --- | --- | | Planner Pro | $3.99 | one-time | ## Recent user reviews (6 of 6) All indexed reviews: https://appshunter.io/ios/app/retirement-income-planner/id1520713722/reviews.md ### 5/5 — Really like this app *2023-09-13* Been playing with it, comparing to other Monte Carlo sims. Very nice. Is there an option or possible future field to add “in Todays Dollars”? Would be helpful in estimating Median Balances after inflation. ### 3/5 — Great App! *2023-08-14* This is a good Monte Carlo simulator, playing with different income strategies like you have seen before. I’m trying to find documentation on average returns before and after? Also would like to see a selection to view present vs future end value. I appreciate this app and enjoy the scenarios. ### 2/5 — Stuck on start year 2025 *2022-04-09* Nothing I can do to change it. So calculator is useless **Developer response:** I’m sorry to hear that you’re having trouble selecting the start year. This should be editable in the Profile section of the application. Tapping the date shown for the start year should make it editable (using the standard Swift UI date selector). Email us at support@bonfireplan.com and we can help you with this. ### 4/5 — First look looks good *2020-12-09* Simple interface and rapid response provides results that are in line with another monte carlo retirement simulator that I use. I’m interested in trying the paid version but have a few questions: 1) Does paid version allow for adding in large item spends for specific years after retirement? 2) Can output be printed or viewed on a larger screen 3) Can scaling of graphs be modified? All in all the free version is a really nice job. **Developer response:** Thanks for the feedback! You can handle expenses by entering income items with a negative dollar amount. This can be done for a single year or may span multiple years for things such as college expenses. Our roadmap includes providing the ability to export data and graphs, but that feature has not been implemented yet. The graphs scale when the app runs on larger devices. You can zoom in on the graphs using the iOS accessibility zoom feature, but the app doesn't support scaling the graphs on its own. Don't hesitate to contact us at support@bonfireplan.com with additional questions or feedback. Thanks! ### 1/5 — Piece of crap *2020-09-13* Even after paying for the 9.99 upgrade nothing works. FRAUD!!!!! **Developer response:** I'm sorry to hear this and would like to help get things working for you! The upgrade makes additional financial strategies available to the planner but doesn't change the basics of how the app works. After entering your information, did you re-run the planner by pressing the 'Update Plans' button on the Home screen? You can email us at support@bonfireplan.com and we'll help walk you through things. ### 5/5 — Plan your retirement income on a budget.... *2020-08-17* This is a very budget minded app. to help you plan your investments. Also a double check on your paid investment advisor. ## Frequently asked questions about Retirement Income Planner ### What is Retirement Income Planner? Retirement Income Planner is a finance app designed to help users optimize their retirement income, extend the life of their savings, and minimize taxes through advanced planning algorithms and a Monte Carlo simulator. It offers customized plans based on individual risk tolerance and financial situations. ### Is Retirement Income Planner free to use? Retirement Income Planner offers a range of free features, including income planning, Monte Carlo analysis, federal tax estimation, and retirement income modeling. Paid features are available for users who wish to access advanced options like data export and specific withdrawal strategies. ### What are the paid features in Retirement Income Planner? Paid features in Retirement Income Planner include the ability to export plan data via email, cost basis tracking in asset accounts, and advanced withdrawal strategies such as 'Fixed Percent', 'Ceiling / Floor', 'Proportional' sequencing, 'Early Tax-Deferred' sequencing, and 'Fill 15% Tax Bracket' sequencing. ### How secure is my financial data with Retirement Income Planner? Retirement Income Planner prioritizes user privacy and security by requiring no account creation or login. All financial data entered into the app stays on the user's device, ensuring it remains private and secure. ### Does Retirement Income Planner have ads? Retirement Income Planner is ad-free. The app does not contain advertisements, allowing users to focus on their financial planning without interruption. ### On which devices can I use Retirement Income Planner? Retirement Income Planner is available on iPhone, iPad, and iPod. The app is designed to be compatible with Apple's iOS ecosystem. ### How often is Retirement Income Planner updated? The latest version of Retirement Income Planner is 1.0.18, which was last updated on February 11, 2022. Users can expect updates to improve functionality and address any issues. ### What is the age rating for Retirement Income Planner? Retirement Income Planner has an age rating of 4+. This indicates that the app is suitable for users aged four and older, making it accessible for a wide range of individuals planning for their future. ## Version history (last 5 releases) ### 1.0.18 — 2022-02-11 Increase your retirement income, save money on taxes, and make your savings last longer. Changes in this version: * Fixed scenario where upgrade purchase price could be listed incorrectly Thank you for using Bonfire Retirement Planner! Don't hesitate to contact us with feedback or questions about using the app by email at support@bonfireplan.com. ### 1.0.17 — 2022-02-10 Increase your retirement income, save money on taxes, and make your savings last longer. Changes in this version: * Updated libraries * Minor bug fixes Thank you for using Bonfire Retirement Planner! Don't hesitate to contact us with feedback or questions about using the app by email at support@bonfireplan.com. ### 1.0.16 — 2021-04-10 Increase your retirement income, save money on taxes, and make your savings last longer. Changes in this version: * Improved in-app documentation * Minor bug fixes Thank you for using Bonfire Retirement Planner! Don't hesitate to contact us with feedback or questions about using the app by email at support@bonfireplan.com. ### 1.0.15 — 2021-03-24 Increase your retirement income, save money on taxes, and make your retirement savings last longer. Changes in this version: * Updated app name * Minor library updates Thank you for using Bonfire Retirement Planner! Don't hesitate to contact us with feedback or questions about using the app by email at support@bonfireplan.com. ### 1.0.14 — 2021-02-17 Increase your retirement income, save money on taxes, and make your retirement savings last longer. Changes in this version: * Add visual indicator when planner should be run due to data updates * Fixed problem where the Update Plans dialog is truncated on smaller screen sizes * Minor bug fixes Thank you for using Bonfire Retirement Planner! Don't hesitate to contact us with feedback or questions about using the app by email at support@bonfireplan.com. ## Apps similar to Retirement Income Planner | App | Rating | Price | Category | | --- | --- | --- | --- | | [Retirement Calculator, Planner](https://appshunter.io/ios/app/retirement-calculator-planner/id1500376213) | 4.4 (307) | Free | Finance | ## More apps by 45 Adapter LLC - [1040 Tax Planner](https://appshunter.io/ios/app/1040-tax-planner/id1555125680) All apps by 45 Adapter LLC: https://appshunter.io/developer/1520713724 --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-10.*