Networthify

  1. Allow for Ages & IRS Rules

    For example if I put in my current savings, portfolio value and Income data - I derive at 7 more years until retirement. However, given my assets are in a 401k they cannot be touched without penalty until the year in which I turn 55. So, being 35 yrs old - 42yrs old is not a viable option unless it can account for tax deferred and taxable account portfolios separately. I would think this would be the case for most Americans saving in a 401k or tax advantaged retirement account. It would be great if the IRS rules could be…

    3 votes
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  2. Add an input for income in retirement

    I have several sources of income in retirement that do not come from my investment portfolio, including rental income and music royalties. Others might have social security or a pension. With the current retirement calculator I need to reduce my expenses by my additional income to get an accurate number. It would be nice to leave the expenses as your actual expenses and add in the additional income as a line item in the calculation.

    8 votes
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  3. change "Show less options" to "Show fewer options"

    "fewer" is number, "less" is degree.

    just a grammar tweak. not trying to be a jerk, just noticed it.

    1 vote
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  4. Your security certificate expired

    Please fix it. This site is great!

    1 vote
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  5. Make a graph to show the correlation of (at a given income level) percent savings to years to retirement.

    This graph will underline the importance of the saving rate independent of income.

    1 vote
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  6. Manual Years To Save

    It'd be great if you had the option to select the number of years you wish to save at that rate, and highlight the year you can retire at. I'd like to see when I can hit FIRE, with boosted expenses after I retire. (Spend only 20K leading up, but see where I can spend 40K in RE on the chart)

    1 vote
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  7. Calculate my retirement age

    It'd be fun if you could enter your current age and it spat out the age you would retire, instead of the number of years till retirement!

    1 vote
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  8. Incorporate run-down of assets, which would reduce required assets substantially.

    while it is nice in theory to be able to live entirely off of the returns your portfolio generates, it is impractical for 99 percent of the population. Most people will need to plan on some run-down of assets in their later years, which substantially reduces the assets one needs to retire. If you want, you could make your calculator include a "desired bequest" amount in order to preserve some capital for future generations.

    1 vote
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  9. 2 votes
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  10. Withdrawal rate is backward

    I put in a set amount for expenses every year in the calculator -- required field. Using that amount as the standard for all situations, the calculator says you can retire sooner and sooner the higher the withdrawal rate. That isn't correct. People should be planning for lower withdrawal rates to account for a bad economy, not higher withdrawal rates. Telling them they can retire sooner the more they spend is seriously bad advice. At higher withdrawal rates, you run out of money sooner. The calculator even says I could have retired years ago when I had the return rate…

    22 votes
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  11. when can i retired

    i think that ROI isn´t calculated well

    1 vote
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  12. 7 votes
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  13. 5 votes
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  14. Fix Sign-up and Log In forms

    There is currently no way to retrieve a forgotten password attached to an email address.

    Also, the log-in/sign-up forms do not dot out the passwords - they are left visible.

    1 vote
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  15. Allow for salary (and income) increases

    E.g. 20k for 4 years, then 30k (and increase of 5k spending) for 8 years etc.

    18 votes
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  16. Fix/clarify signup process

    Signed up for service, got taken to page with existing transactions. Not sure if they are supposed to be sample transactions, or if i'm accidentally seeing another account's.

    4 votes
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  17. bug in time estimate?

    I think something's wrong with the time-until-retirement estimate, or there's something i'm misunderstanding.

    I entered $100k income, $75k expenses, and $1m portfolio, and got this result:

    https://networthify.com/calculator/earlyretirement?income=100000&initialBalance=1000000&expenses=75000&annualPct=5&withdrawalRate=4

    It looks like the ROI reaches $75k shortly after 6 years, but the time-until-retirement is over 9 years. The table of figures stops updating some but not all of the columns after 6 years. A glitch?

    1 vote
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  18. Potential error

    I think I've found a bug: although I probably strectched the expected parameters. The error seems to be that the table at the bottom has mostly empty cells. My figures were
    http://networthify.com/calculator/earlyretirement?income=204298&initialBalance=1500000&expenses=135096&annualPct=22&withdrawalRate=4

    1 vote
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  19. Errors with data

    Hi. Like the tool and appreciate you sharing it. Encounter inaccurate information and what appears to be a glitch when entering in data. No problems entering in the income field. But when entering in annual savings regardless of the amount entered, after doing so it automatically changes the data in the subsequent field which is the annual expenses field.

    Don't know why but these automatic changes are wrecking havoc with my results and estimations. Any chance this tech issue can be examined and repaired? Thanks!

    5 votes
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  20. Explain if net worth should include primary residence.

    Should users include equity in real estate?

    3 votes
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