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Project Story

The application was created to give financial freedom to the user. It provides enough ideas about life after retirement and offers financial awareness to the users. With clear goals, the user can know how much amount will be needed to live a good lifestyle after retirement. The project was specially built for Canadian people to help them initial savings and better plans.

Features

Graphical Representation:

The Financial Freedom Calculator displays the result in a graphical format to better understand the users. The graph compares goals, savings & earnings, and income withdrawal. The graph shows the project of these three elements in the most straightforward format.

Step Process:

The calculator has a three-step simple procedure in which the user has to fill the mandatory fields like current age, desired retirement age, life expectancy, current annual income, and the present value of investment portfolio, expected annual after retirement income, inflation rate and more.

Compare Various Fields:

The calculator compares various fields to generate optimal results. With these fields, the user can see the expected saving amount to live a better life after retirement.

Result With Tips:

The calculator aware users of their monthly savings and investments and shows whether the person is on the right track or not and how much she/he needs to accomplish the goals.

Problem

The biggest problem was the gamification part.

Another problem was showing the result and graph at a time without any delay. Solving these two issues was the most challenging part of the project.

Challenges

Challenges are what make a project more interesting.

Solution

To cross these obstacles, our developers easily edit tools to provide a better user experience. With optimal logic and designing expertise, it was easy to display graphs and charts at run time.

Technical Stack

Ios Tech | Swift Android | Java Backend | Php Back-end | HTML | CSS | JavaScript

Result

The final result was an application that makes users aware about his/her current financial status and gives a clear projection
of how much amount of money he/she needed to live a normal lifestyle even after retirement.