NestEgg Estimator,
developed by MakeThisApp, has been rated as one of the Top-10 Financial
Planning Must-Have apps for Android. This app will assist you in personal
planning of your finances protecting you and your money from wrong business
decision, assessing your income, taxes, assets and debt. You can supply as
little or as much information as you want for application to perform analysis --
more detailed and accurate data will translate to the more valid results. Using
the application, you can play with different scenarios and plans, like expensive
purchases, other expenses, job changes. and more. The software will be handy
for financial planning, retirement planning, or even will help you making
important one-time decisions: can I afford to purchase the particular item
(real estate, vacation package, etc.).
You can do all of
this and more:
- View year by year financial simulation of your income, expenses,
assets, taxes, and debt.
- View financial lifetime chart of your income, expenses, assets,
taxes, and debt.
- View year by year breakdown of expenses.
- Organize/itemize your daily living and entertainment expenses.
- Calculate savings at retirement.
- Determine if you will outlive your savings.
- Try different scenarios: retire early, keep working, major purchases,
etc.
- Maximize your 401k, IRA, or Roth contributions.
- See if you'll need to take an early distribution from a retirement
plan.
- Taxes, penalties, before-tax contributions, mandatory distributions
are applied.
- Ability to customize income, expenses, assets by time horizon,
change rate, and taxable status.
- Modify tax rates for other jurisdictions/countries.
- Answer the question: Can I afford it (for any purchase or life event)?
The app stores all
information locally on your device. No information is transmitted across the
web, sent to a website, or sent to another app.
A setup wizard
allows quick data entry of common items. An Options menu allows you to alter
age, retirement age, state/provincial tax rates, local tax rates inflation
rate, tax deductions and 401k contributions.
In these turbulent
economic times, it is critical to have the confidence and plan to achieve your
goals and reach financial independence. Eliminate worry and uncertainty about
national debt, personal debt and stock market crashes with a projection of your
future financial state.
The NestEgg
Estimator is a retirement planner, retirement calculator, and a generic cash
flow simulator -- a personal financial planner in your pocket. In a few
minutes, you will get a clear picture of your savings, expenses, and debt for
every year of your life.
Google Play Site:
https://play.google.com/store/apps/details?id=com.jennitron.nestegg&feature=search_result
Rating: 4.8 (from
4 reviewers)
Cost: $1.99
