Latte Effect savings and retirement calculator 1.0
Paid Version
Publisher Description
How much is that cup of premium coffee really worth? Are you short-changing your retirement? Originally coined by financial columnist and author David Bach, "The Latte Effect" (sometimes called the "Starbucks Effect") refers to the dent in your retirement savings due to small but recurring avoidable purchases, like premium coffee, take-out lunches, and the like. How much extra could you save if you skipped that morning latte or muffin, or brought a bag lunch to work? The results may surprise you! The Latte Effect is a savings calculator that can tell you what you're passing up. It projects the compounded savings for a recurring investment over a period of time you choose. By default, it shows how much you could save by eliminating a purchase made each weekday, over 5 years, using the long-term return for the DOW Industrial Average and the long-term average inflation rate in the United States. All settings can be changed. The Latte Effect makes a good motivational and budgeting tool, but because it is a general-purpose investment calculator, it can also be used to project the future value of recurring contributions to a retirement account such as an IRA, Roth IRA, 401k or RRSP, or to an education savings account such as a 529, Coverdell ESA, or education IRA. The Latte Effect can calculate the savings for one-time, daily, weekday, weekly, monthly, quarterly or yearly contributions, over a configurable period of time. You can include the effects of inflation or disable this feature. The Latte Effect automatically adjusts itself to the currency for your locale; it is not US-dollar-specific. Features: Pleasant, efficient interface Projects savings from a one-time, weekday, daily, weekly, monthly, quarterly or annual contribution Include or ignore the effects of inflation Configurable rate of return and projection period Adjusts to your currency Niftybrick Software is an independent artisan software studio. We take your feedback and satisfaction seriously. Please write to us at support@niftybrick.com with any questions or suggestions.
Requires iOS 2.0 or later. Compatible with iPhone, iPad, and iPod touch.
About Latte Effect savings and retirement calculator
Latte Effect savings and retirement calculator is a paid app for iOS published in the Accounting & Finance list of apps, part of Business.
The company that develops Latte Effect savings and retirement calculator is Niftybrick Software, LLC. The latest version released by its developer is 1.0.
To install Latte Effect savings and retirement calculator on your iOS device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2009-04-27 and was downloaded 3 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Latte Effect savings and retirement calculator as malware if the download link is broken.
How to install Latte Effect savings and retirement calculator on your iOS device:
- Click on the Continue To App button on our website. This will redirect you to the App Store.
- Once the Latte Effect savings and retirement calculator is shown in the iTunes listing of your iOS device, you can start its download and installation. Tap on the GET button to the right of the app to start downloading it.
- If you are not logged-in the iOS appstore app, you'll be prompted for your your Apple ID and/or password.
- After Latte Effect savings and retirement calculator is downloaded, you'll see an INSTALL button to the right. Tap on it to start the actual installation of the iOS app.
- Once installation is finished you can tap on the OPEN button to start it. Its icon will also be added to your device home screen.
