Question 1

Is RetirePro free to use?

Accepted Answer

Yes! RetirePro offers a free plan with full access to basic retirement planning tools. No credit card required. Premium features are available with Pro and Premium subscriptions.

Question 2

How much money do I need to retire?

Accepted Answer

The amount you need depends on your desired lifestyle, location, healthcare costs, and Social Security benefits. A common rule of thumb is 25x your annual expenses (the 4% rule). RetirePro's free calculator runs 1,000 Monte Carlo simulations on your specific situation to give you a personalized retirement number and success probability.

Question 3

What is a Monte Carlo simulation for retirement?

Accepted Answer

A Monte Carlo simulation runs thousands of random market scenarios to estimate the probability that your retirement savings will last. Unlike simple calculators that use a fixed return rate, Monte Carlo accounts for market volatility, sequence-of-returns risk, and worst-case scenarios. RetirePro runs 1,000 simulations on your portfolio to show your success probability.

Question 4

How accurate are the retirement projections?

Accepted Answer

RetirePro uses industry-standard Monte Carlo simulations running thousands of scenarios to project retirement outcomes. Our calculations factor in market volatility, inflation, Social Security, and tax implications for comprehensive projections.

Question 5

When should I claim Social Security benefits?

Accepted Answer

You can claim Social Security as early as age 62, at your full retirement age (66-67), or delay until age 70 for maximum benefits. Delaying increases your monthly benefit by about 8% per year. RetirePro's Social Security optimizer helps you compare claiming strategies to maximize your lifetime benefits.

Question 6

Does RetirePro provide financial advice?

Accepted Answer

No, RetirePro provides educational tools and calculations only. We do not provide personalized financial, investment, tax, or legal advice. Always consult with qualified professionals before making financial decisions.

Question 7

Is my financial data secure?

Accepted Answer

Yes, your data is stored locally in your browser and is not transmitted to our servers. We use industry-standard encryption for all data transmission, and payment processing is handled by Stripe (PCI-DSS compliant).

Tools & Guides

RetirePro's Advanced Tools and AI Advisor

RetirePro: Complete Retirement Planner

Getting Started with RetirePro

How to Use RetirePro's Monte Carlo Simulator

RetirePro Dashboard Guide

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