What is Redikhet?
Redikhet is a streamlined financial forecasting tool designed to replace overwhelming spreadsheets. It offers long-term capital forecasting by allowing users to input current capital, income, and expenses, generating comprehensive projections for financial development. The tool supports flexible income and expense tracking for multiple sources and future periods, including unique events like survival pensions.
Redikhet also enables multi-person household planning with detailed forecasts for individual members and shared expense management via customizable cost-splitting schemes. It provides data-driven insights using external or historical data for asset growth and expenditure indexation, along with risk management through configurable lifecycle schemes. The tool features localized data support for specific countries, customizable tax calculations, and efficient scenario analysis with Monte Carlo simulations. All data is securely encrypted on the user's device, and the app is mobile-optimized with built-in help text.
Features
- Long-term Capital Forecasting: Generate comprehensive forecasts based on current capital, income, and expenses.
- Flexible Income & Expense Tracking: Define multiple income sources and expenses for future periods, including unique events.
- Multi-Person Household Planning: Get detailed forecasts for individuals and manage shared expenses with customizable cost-splitting.
- Data-Driven Insights: Use external or historical data to predict asset growth and expenditure changes through indexation.
- Risk Management: Implement configurable lifecycle schemes to align risk levels with age and needs.
- Localized Data Support: Leverage tailored historical and mortality data for specific countries.
- Customizable Tax Calculations: Configure generic capital gains tax settings to match requirements.
- Efficient Scenario Analysis: Background Monte Carlo simulations calculate thousands of scenarios seamlessly.
- Mobile Optimized: Mobile interface with built-in help text and navigable charts.
- Maximum Security and Privacy: Data is securely stored and encrypted on your device.
Use Cases
- Personal long-term financial planning and retirement forecasting
- Managing household budgets with multiple income sources and shared expenses
- Scenario analysis for investment strategies and risk assessment
- Tracking financial goals and adjusting plans over time
- Tax planning with customizable capital gains tax configurations
FAQs
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Is Redikhet free?
Yes, Redikhet is completely free and ad-free forever. -
Is my data secure?
Yes, all your data is securely stored and encrypted on your device for maximum privacy. -
Can I plan for multiple people?
Yes, Redikhet supports multi-person household planning with detailed forecasts for individual members and shared expense management. -
Does Redikhet use Monte Carlo simulations?
Yes, it performs background Monte Carlo simulations to calculate thousands of potential scenarios without affecting user experience.
