Savings Planner

    This program will help determine whether your savings plan is on track. It can also be used to calculate how much needs to be saved in order to accomplish your stated objectives. If you specify an annual contribution to your savings and leave the payout field 0 (zero) then it will calculate the final balance and payout from your savings. By selecting "inflate", it will increase your annual contribution according to inflation (as is typical for a 401K plan at maximum). If you specify a payout and leave the annual contribution field 0 (zero) then it will caculate the required annual contribution to reach the specified payout.
    The required payout is difficult to predict. Many people use an 80% rule. This would be 80% of your current income. This is probably fairly close if you intend to throttle back on spending after retirement. In other words you do not intend to travel or do anything extravagent or you plan to move to a lower cost area. Actually for related reasons many people find that their spending increases a bit after retirement (at least for a while).
    Fill in the form below and "submit" to see how your plan is working.
    Note that absolutely none of this information is saved or used for any purpose other than this form.
    initial balance:
    annual contribution (calculated if 0): increase with inflation:
    annual limit:
    company contribution match (annual total):
    current annual rate of return (ROR)(%):
    expected ROR after retirement(%):
    annual inflation (%):
    years until retirement:
    years after retirement:
    pay periods per year (12 = monthly):
    payout during retirement (calculated if 0):

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