September 14, 2012
Ballpark E$timate iPhone application, provided in part by the Employee Benefit
Research Institute (EBRI), was developed to help with retirement saving. ---
Through the Choose to Save financial education program, the
app is intended to simplify language and math for issues such as projected
Social Security benefits and earnings assumptions on savings.
The app aims to illustrate the impact of savings concepts
such as inflation, investment returns and the time value of money, as well as
programs such as 401(k)s and Social Security.
A Spanish-language version and interactive and
non-interactive versions are available.
Developed by Matrix Group International and the research
team at EBRI, the app is available for download for iPhones and iPads via the
Apple app store or by clicking here.