ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
2
Simple Example:
3
4
A 40-year-old with $50,000 saved, contributing $500/month, wants to retire at 65 and live until 90, expecting 6% return pre-retirement and 3% post.
5
6
7
Disclaimer :
This is general information only and not financial advice. For personal guidance, please talk to a licensed professional.
8
9
10
Please key in your data in following table, and you will see calculated savings and income on right side, golden table.
11
12
CategoryDescriptionUser Entry / FormulaCALCULATION
13
User InputsCurrent Age40Years in retirement(Estimated years after retirement)65
14
Retirement Age65Years to retire25
15
Current Savings ($)50000Total Savings at Retirement (FV):$543,780.61
16
Monthly Contribution ($)500Annual Income in Retirement:$8,365.86
17
Annual Return (Before Retirement) %0.06Monthly Income in Retirement$697.15
18
Annual Return (After Retirement) %0.03
19
Expected Age at End of Retirement90
20
Other Income Sources ($/year)12000
21
22
23
Disclaimer :
This is general information only and not financial advice. For personal guidance, please talk to a licensed professional.
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100