Retirement Fastlane

Features Retirement Fastlane

The Most Important Thing when it comes to Retirement or Financial Freedom is to Invest as Early as Possible.
Retirement is not related to age or enjoyment, rather you retire when you dont have to work with the motive of earning money!This App will help you calculate and reach a stage in your life where whatever youve saved through Investing will generate you annual returns from which you can pay your expenses on yearly basis (which includes your needs and your wants).Lets take an example,Say your monthly expenses = ₹10,000,and current money in your Bank = ₹10 Lakhs,If you can earn 10-12% returns on this ₹10 Lakhs, then:* Earnings in a Year = ₹1 to 1.2 Lakhs* Monthly Earnings = ₹10,000 ==> Which are your monthly ExpensesBy Entering your desired age to retire along with other details like current expenses, future needs, inflation etc., the app will suggest you start investing and accordingly calculate your retirement corpus.
Using the returns generated by this corpus, the App will Calculate a Yearly Cashflow Pattern which will determine how long this corpus will last, in correspondence to other factors like increasing expenses, inflation and your future needs!Its recommended to set your retirement age at least 10+ years from current age, since it takes time to grow money!
It may be very difficult to retire too early unless you alter your investment patterns and expenses by a large margin, which you can calculate with this app!
So its recommended you Invest Early!!NOTE: This App is just an Offline Calculator and NOT an Investment App, neither it promotes an Investing companies or assets!
You need to do your own research before Investing specially in Assets which consists of high risks.
The Data you enter is stored on your phone itself (and is NOT TRACKED), which means your data will be wiped out on un-installation of App.