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  • Final Retirement Calculator 2

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    Gilchrist Truesdell
    5 views20 pages
    This document contains 4 examples of savings accounts over time with different annual savings rates and retirement expenditures. Each example charts the projected balance in the savings account from age 20 to 80. In the first example with annual savings of $956 and retirement expenditures of $30,000, the balance reaches about $125,000 at age 65 and $0 by age 80. In the second example with annual savings of $1,593 and retirement expenditures of $50,000, the balance is around $487,000 at age 65 and $0 by age 80. The third and fourth examples show lower balances at age 65 and earlier depletion of savings due to lower contribution rates and higher expenditures.

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    This document contains 4 examples of savings accounts over time with different annual savings rates and retirement expenditures. Each example charts the projected balance in the savings account from age 20 to 80. In the first example with annual savings of $956 and retirement expenditures of $30,000, the balance reaches about $125,000 at age 65 and $0 by age 80. In the second example with annual savings of $1,593 and retirement expenditures of $50,000, the balance is around $487,000 at age 65 and $0 by age 80. The third and fourth examples show lower balances at age 65 and earlier depletion of savings due to lower contribution rates and higher expenditures.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    5 views20 pages

    Final Retirement Calculator 2

    Uploaded by

    Gilchrist Truesdell
    This document contains 4 examples of savings accounts over time with different annual savings rates and retirement expenditures. Each example charts the projected balance in the savings account from age 20 to 80. In the first example with annual savings of $956 and retirement expenditures of $30,000, the balance reaches about $125,000 at age 65 and $0 by age 80. In the second example with annual savings of $1,593 and retirement expenditures of $50,000, the balance is around $487,000 at age 65 and $0 by age 80. The third and fourth examples show lower balances at age 65 and earlier depletion of savings due to lower contribution rates and higher expenditures.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 20

    savings

    20
    21
    22
    23
    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

    0
    1023.15
    2117.92
    3289.32
    4542.72
    5883.86
    7318.88
    8854.35
    10497.3
    12255.26
    14136.28
    16148.97
    18302.55
    20606.87
    23072.5
    25710.73
    28533.63
    31554.13
    34786.07
    38244.24
    41944.49
    45903.75
    50140.16
    54673.12
    59523.39
    64713.17
    70266.24
    76208.03
    82565.74
    89368.49
    96647.43
    104435.9
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    253512.2
    ###
    ###
    ###
    ###
    ###

    S
    0.07

    R
    956.21

    30000

    Amount saved at 65
    ###

    Amount left at 80
    $

    Savi
    Amount in Savings Account

    Age

    120000
    100000
    80000
    60000
    40000
    20000

    222222222233333333334444444
    012345678901234567890123456
    ...........................
    000000000000000000000000000

    Age

    69
    ###
    70
    ###
    71
    ###
    72
    ###
    73
    ###
    74
    ###
    75
    ###
    76
    ###
    77 84240.55
    78 58037.38
    79
    30000
    80
    0

    Amount in Savings Account

    Savings Account I
    Savings $956.21375/yr & Retirement $30000/yr
    120000
    100000
    80000
    60000

    savings

    40000
    20000
    2222222222333333333344444444445555555555666666666677777777778
    0123456789012345678901234567890123456789012345678901234567890
    .............................................................
    0000000000000000000000000000000000000000000000000000000000000
    Age

    0
    1705.25
    3529.86
    5482.2
    7571.2
    9806.44
    12198.13
    14757.25
    17495.51
    20425.44
    23560.47
    26914.95
    30504.24
    34344.79
    38454.17
    42851.21
    47556.04
    52590.21
    57976.78
    63740.4
    69907.48
    76506.25
    83566.93
    91121.86
    99205.64
    ###
    117110.4
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    487273.4
    ###
    ###
    ###

    S
    0.07

    R
    1593.69

    50000

    Amount saved at 65
    ###

    Amount left at 80
    $

    Savings $159
    Money in Savings Account

    savings
    20
    21
    22
    23
    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

    600000
    500000
    400000
    300000
    200000
    100000
    -100000

    2222222222333333333344444444
    0123456789012345678901234567
    ............................
    0000000000000000000000000000

    Age

    69
    ###
    70
    ###
    71
    ###
    72
    ###
    73
    ###
    74
    ###
    75
    ###
    76 181215.8
    77
    ###
    78 96728.97
    79
    50000
    80
    0

    Savings Account II
    Savings $1593.68958/yr & Retirement Expenditures $5000

    savings

    222222333333333344444444445555555555666666666677777777778
    456789012345678901234567890123456789012345678901234567890
    .........................................................
    000000000000000000000000000000000000000000000000000000000
    Age

    savings
    20
    21
    22
    23
    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

    0
    341.05
    705.97
    1096.44
    1514.24
    1961.29
    2439.63
    2951.45
    3499.1
    4085.09
    4712.09
    5382.99
    6100.85
    6868.96
    7690.83
    8570.24
    9511.21
    10518.04
    11595.36
    12748.08
    13981.5
    15301.25
    16713.39
    18224.37
    19841.13
    21571.06
    23422.08
    25402.68
    27521.91
    29789.5
    32215.81
    34811.97
    37589.85
    40562.19
    43742.6
    47145.63
    50786.87
    54683
    58851.86
    63312.54
    68085.47
    73192.5
    78657.03
    84504.07
    90760.4
    97454.68
    93576.51
    89426.86
    84986.74

    S
    0.07

    R
    318.74

    10000

    Amount saved at 65 Amount left at 80


    ###
    $

    Saving
    Amount in Savings Account

    Age

    120000
    100000
    80000
    60000
    40000
    20000

    2222222222333333
    0123456789012345
    .. . .. . . . .. . .. . . .
    0000000000000000

    69
    70
    71
    72
    73
    74
    75
    76
    77
    78
    79
    80

    80235.82
    75152.32
    69712.99
    63892.89
    57665.4
    51001.97
    43872.11
    36243.16
    28080.18
    19345.79
    10000
    0

    Savings Account III


    Savings $318.737917/yr & Retirement Expenditures

    120000
    100000
    80000
    60000
    40000
    20000

    savings

    2222222222333333333344444444445555555555666666666677777777778
    0123456789012345678901234567890123456789012345678901234567890
    . .. . . .. . . .. . . .. . . .. . . .. . . .. . . .. . . .. . . .. . . .. . . . .. . .. . . . .. . .. . .
    0000000000000000000000000000000000000000000000000000000000000
    Age

    nt III
    nt Expenditures $10,000/yr

    778
    890
    .. .
    000

    savings

    savings
    20
    21
    22
    23
    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

    0
    3069.45
    6353.75
    9867.96
    13628.17
    17651.58
    21956.64
    26563.05
    31491.91
    36765.79
    42408.84
    48446.91
    54907.64
    61820.62
    69217.51
    77132.18
    85600.88
    94662.39
    104358.2
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    289942.3
    313307.7
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###
    ###

    S
    0.07

    R
    2868.64

    90000

    Amount saved at 65
    ###

    Amount left at 80
    $
    Money in Savings Account

    Age

    Savings
    1000000
    800000
    600000
    400000
    200000

    222222222233333
    012345678901234
    . . . . . . . . . . . . . . .
    000000000000000

    69
    ###
    70 676370.9
    71
    ###
    72
    ###
    73
    ###
    74
    ###
    75
    ###
    76
    ###
    77
    ###
    78
    ###
    79
    90000
    80
    0

    Savings Account IV
    Savings $2368.641251/yr & Retirement Expenditures

    00000
    00000
    00000
    00000
    00000

    savings
    2222222222333333333344444444445555555555666666666677777777778
    0123456789012345678901234567890123456789012345678901234567890
    . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
    0000000000000000000000000000000000000000000000000000000000000
    Age

    nt IV
    nt Expenditures $ 90000/yr

    7777778
    4567890
    . . . . . .
    0000000

    savings

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