How much do I need to retire? How often do I need to save? What if I don't have enough savings to maintain my lifestyle once I retire?
Bogofinancial hopes to answer those questions with the MaxMy401k iOS app. The easiest and most straightforward way to help individuals find their individual Retirement Rating while optimizing their 401k. This free mobile application is built off the company's innovative online version which uses sophisticated formulas to calculate an individual's chances of having enough money to retire. It does so by selecting the least "risky" investment portfolio strategy given their personal facts.
The application released this July gives users the ability to easily allocate, optimize, and manage their 401k, whenever and wherever they are. Once the user downloads the free app they simply create their free http://www.maxmy401k.com profile, answer a few questions, and the app quickly generates a Retirement Rating based on their specific financial situation.
Some of the app's features include:
• Easy to use and understand
• Simplified 401k allocation model
• Recommendations that fit your facts
• Straightforward results at a glance
• Animated graph clearly displays your retirement rating
The MaxMy401k app is currently only iPhone and iPad compatible and found on the iTunes app store: http://appstore.com/maxmy401k