Tag Archives: retirement

myNestEgg v 1.3 released

This is to fix a show stopper problem in v 1.2, as pointed out by one of the users. The problem happened after a user used the keyboard to input data (dismiss the keyboard by tap background), the app will add a comma to “beginning savings” and “salary”. This causes confusion and mis-calculation down the road.

The problem is fixed now in v 1.3. The user needs to update the app to get the fix. In some cases you may need to re-enter the “beginning savings” and “salary” if those numbers are no longer correct in the app. Please let me know if you have any problem.

I am sorry for the inconvenience it may have caused, and wish all a good holiday.

Why I created myNestEgg retirement calculator app?

More Q&A about myNestEgg ~ the retirement calculator app

1. Why do you create yet another retirement calculator app?
I understand there are quite a few retirement calculators in the App store. Some are free, others are not free. MyNestEgg belongs to the latter category. My goal here, as I said the the product description, is to provide a simple and easy to use to calculator retirement savings/income. It shows the “saving progress” and “income ratio” which combined give the user an idea about where she/he is in terms of saving, and what income level to expect when she/he retires. Also the input data is saved on your iPhone, so as the user runs this app from time to time, she/he can get an idea about how the retirement savings account does over the time (so that she/he can act accordingly).

2. Does it support language other than English?
The app use English only at this time. However, as I explained in the support page, the user can adjust the “regional format” to get the local currency.

3. I don’t have iPhone, so…
The app can be run on iOS 3.1.2 or later powered devices, which includes iPod Touch and iPad besides iPhone.

I saw some useful web based calculator, such as this one created by FINRA. One limitation is they don’t save the data, so you may want to write down the results (or better yet save to Google Docs) after doing calculation.

Also, I am consider porting (creating) the app for Android, if there are enough interest to justify my effort.