These Terms of Service ("Terms") govern your use of the FIncoming iOS application ("the App") developed by Adam Oostema ("Developer"). By downloading or using the App, you agree to these Terms.
1. Not Financial Advice
FIncoming is a planning and scenario tool, not a financial advisor. The App's projections, estimates, and outputs are for informational and educational purposes only. Nothing in the App constitutes financial, tax, legal, or investment advice, and nothing in the App should be relied upon as such.
The App uses simplified models and hardcoded assumptions (described in the App's "About" screen). Your actual retirement outcomes will depend on factors the App does not and cannot model. Consult a licensed financial planner, tax professional, or attorney before making financial decisions.
2. Accuracy and Limitations
The App makes reasonable efforts to reflect current tax law, Social Security rules, and IRS regulations as of the date of its last update. However, tax law changes frequently and the App may not reflect the most current rules at the time you use it.
Known simplifications include (but are not limited to): blended state tax rates rather than graduated brackets, a simplified long-term capital gains treatment, Social Security estimated via bend-point formula rather than your actual SSA earnings record, and deterministic projections without Monte Carlo simulation. These are disclosed within the App.
3. License
The Developer grants you a limited, non-exclusive, non-transferable, revocable license to use the App for personal, non-commercial purposes on Apple devices you own or control, subject to the Apple App Store Terms of Service.
You may not copy, modify, distribute, sell, reverse-engineer, or create derivative works of the App.
4. Subscriptions and Purchases
Certain features of the App are available through an auto-renewing subscription ("FIncoming Pro"). Subscription terms, pricing, and renewal details are disclosed at the point of purchase within the App and are governed by Apple's In-App Purchase terms. You may manage or cancel your subscription at any time through your Apple ID settings.
5. Disclaimer of Warranties
The App is provided "as is" and "as available" without warranties of any kind, express or implied, including warranties of merchantability, fitness for a particular purpose, or non-infringement. The Developer does not warrant that the App will be error-free, uninterrupted, or that any calculations or projections will be accurate or suitable for your situation.
6. Limitation of Liability
To the fullest extent permitted by applicable law, the Developer shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including loss of profits or savings, arising out of or in connection with your use of the App, even if advised of the possibility of such damages.
7. Changes to These Terms
The Developer may revise these Terms at any time. Continued use of the App after revised Terms are posted constitutes acceptance of the updated Terms. Material changes will be reflected in an updated "Last updated" date.
8. Governing Law
These Terms are governed by the laws of the State of Michigan, United States, without regard to its conflict-of-law provisions.
9. Contact
Questions about these Terms? Contact us at:
ja.oostema@gmail.com