Take control of your financial future with the Retirement Calculator, a simple yet powerful tool designed to help you plan your path to financial independence. Whether you're just starting to save or are well on your way, our app provides the clarity you need to reach your goals. Key Features:
•Easy Retirement Calculation: Based on the popular 4% rule, quickly determine your target retirement savings and see how many years it will take to get there.
•Detailed Financial Projections: Visualize your savings growth year-by-year with a clear projection chart, helping you stay motivated and on track.
•UK Net Salary Calculator: For UK users, easily calculate your annual take-home pay from your gross salary, accounting for pension contributions and student loans.
•Multi-Currency Support: Plan your finances in your preferred currency (USD, GBP, EUR, JPY) with exchange rates updated automatically.
•Customizable Assumptions: Adjust key variables like your estimated investment rate of return to see how different scenarios could impact your timeline. How It Works: Our calculator uses the principle that you can safely withdraw 4% of your invested savings each year in retirement. It assumes that any money you save (the difference between your net salary and expenses) is invested and grows at your specified rate of return. This app is perfect for anyone interested in financial planning, the FIRE (Financial Independence, Retire Early) movement, or simply wanting a clearer picture of their long-term financial health. Download the Retirement Calculator today and take the first step towards a secure and independent future