LAKE TAHOE, Nev., Jan. 28, 2015 /PRNewswire/ -- The "I Want to Retire ASAP" app launched today on iTunes and Google Play™, provides an easy calculator to turn retirement into reality. "I Want to Retire ASAP" was developed by former stockbroker and financial analyst Sheryle Lengdorfer.
Lengdorfer is also the creator of the successful "I Want to Be a Millionaire" app designed to help users easily understand and take advantage of the power of compound interest in a graphic and intuitive manner. Her new app is designed to help individuals to jumpstart their retirement and saving plans.
In her career as a stockbroker and financial analyst, Lengdorfer saw firsthand that most people are not sure how much to save for retirement. Since research has shown that most Americans have saved only $20,000 for retirement, she made it her goal to create powerful and easy to use apps that quickly allow people to understand the effect and power of compound interest.
Lengdorfer recently commented, "It is no wonder that people spend more time planning their vacations than they do planning for their financial security! People usually know where they want to go and have a good plan for how to get there. Retirement planning is a different story. Most workers have no idea of where they want to end up and how they intend to get there. This retirement app calculator allows users to plug in numerous financial goals. It instantly supplies them with the amounts they will need to invest each year to make their different plans work."
In the "I Want to Retire ASAP" "What If" section, users can run through a wide variety of ideas in a quick manner. For example, how much does it take to retire in 15 years at 8% return or retire in 20 years at 5% return? Users now can get an answer to this kind of question instantly. In the "Future Values" section, users can input any expenditure and immediately calculate the future financial impact of that purchase. For example, that extra $20,000 one might consider spending on a dream wedding could be invested at 8% and instead grow to over $200,000 in 30 years.
The "I Want to Retire ASAP" app makes it possible for users to quickly and easily learn how much to save and invest to reach their goals. Understanding practical requirements and taking the steps necessary to turn the retirement dream into a reality has never been easier.
About Sheryle Lengdorfer
Sheryle Lengdorfer holds a B.S. in Accounting and an MBA. She is a former stockbroker and corporate financial analyst who created the "I Want to Be a Millionaire" app to help people around the world achieve financial independence. Learn more at www.conquer-your-future.com.
SOURCE I Want to Retire ASAP