New Feature: Set a Definable Retirement Age

Deciding when to retire is one of the most important financial decisions that all of us need to make. And that is why here at New Retirement, we are very happy to announce our latest feature a Definable Retirement Age. While before, in order to play around with different retirement ages, you would have to manually change your stop age, you can now assign it as your primary retirement age. This is also true for your start age. On top of this, we tend to spend differently in retirement as we do in our working years. Because of this, you can also define your start and stop ages for expenses based on your retirement age. With this update, contemplating retiring at age 67 versus age 70 is as easy as going to your assumptions and changing your retirement age. You can immediately see the effects of this change using the Plan Updates alert, but by using the Lifetime Income Projection chart and the Projected Savings Balances chart, you can see effects on cash flow, expenses and your overall savings. So try it out today. Open up your Assumptions tab and play around with your desired retirement age.