App: FI Toolkit
Developer: Steve Welch
Genres: Finance, Education

FI Toolkit is an app to assist with the pursuit of greater financial health and Financial Independence.   The app calculates and plots net-worth that reflects your current financial status and projected cash flows.  The app determines when Financially Independence could be achieved and how long your net-worth will last into retirement.

Features:
•  Convenient input “sliders” for finance data entry
•  Informative articles about finance and Financial Independence
•  Entries for Cash, Portfolio (stocks), Tax Deferred, and Tax Free  accounts
•  Social Security inputs for yourself and spouse
•  Multiple scenarios to explore alternate financial directions
•  Detailed income and expense entries
•  Instant calculation and display of results (plot & spreadsheet formats)
•  Summary of the scenario and the computed results

Also:

•  Considers inflation factors
•  Makes allowances for an emergency fund
•  Determines contributions to retirement accounts
•  Compounds account balances
•  Estimates Federal and State taxes
•  Determine distributions for expenses during retirement
•  Computes Required Minimum Distributions (RMDs)

The app provides login security features (including FaceID) and synchronizes with your iPhone, iPad, and Macintosh devices.  Your information is private to you and is not shared with anyone.  The app is also ad-free, requires no subscription, and does not affiliate with any financial institutions selling products or services.

Release notes:
Updated Federal and State tax brackets and rates.