RetireMGN is a convenient way to manage your finances and create a tax-efficient withdrawal stream. Create a dynamic withdrawal stream geared to investment returns and inflation.
- Save Money: One-time fee apps to help manage your money throughout your whole life.
- Save Time: Most efficient withdrawal stream for your investable assets.
- Convenience: 24/7 access to retirement planning customized to your unique circumstances.
How to Use RetireMGN
This app will help you predict your after-tax monthly retirement income by designing the most efficient withdrawal stream from your investments. Create a long-term retirement strategy ensures the longevity of your money all while minimizing your lifetime income tax.
- STEP 1: Input your CURRENT age, RETIREMENT age and life EXPECTANCY
- STEP 2: Input your current INVESTMENTS, any MONTHLY contributions, annual RETURNS and a consistent INFLATION rate
- STEP 3: Select RetireMGN
RetireMGN Outputs
- TOTAL INVESTMENTS AT RETIREMENT: The predicted amount of money an investor will have at retirement (or current investments at retirement)
- MONTHLY RETIREMENT WITHDRAWAL: The recommended amount of money an investor will have withdrawal each month
- PORTFOLIO WITHDRAWAL RATE: The predicted amount of money an investor will be withdrawing the year of their life expectancy
- Income Adjusted for Inflation: The predicted amount of money an investor will have at retirement in today’s dollars (or recommended withdrawal at retirement)
- The monthly withdrawal predictions are adjusted for inflation above the corresponding CURRENT, RETIREMENT & EXPECTANCY headings
RetireMGN Pro Tips:
- Most financial institution software uses a 2% inflation number
- Lowering inflation will increase your early retirement withdrawals and reduce your later year withdrawals