Future Value/Annuity Calculation

Updated Feb 2008 - User suggestion - separate Soc. Sec & Pension!

Same calculation, just with more variation. A good use of 10 minutes of my time at lunchtime. Enjoy. (P.S. Thank Esther, not me!)


Beginning Balance of Account
Monthly contribution
Years until retirement
Estimated annual pre-retirement yield (%)
Estimated annual retirement yield (%)
Estimated annual inflation (%)
Estimated annual contribution increase (%)
Desired future total monthly income (current dollars)
Estimated monthly Soc.Sec income (current dollars)
Years until Soc.Sec income starts
Soc.Sec annual increases (%)
Estimated monthly Pension income (current dollars)
Years until Pension income starts
Pension annual increases (%)

Hugh Chou
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