Comprehensive Retirement Calculator
About this app
A user-friendly retirement calculator tailored for individuals seeking a holistic view of their retirement planning.
Comprehensive Retirement Calculator Comprehensive Retirement Calculator Calculate Results Adjusted Retirement Savings: $ Potential Annual Withdrawal: $ Shortfall/Surplus: $
Related apps
Put this on your site
Source
<html>
<head>
<meta charset="utf-8">
<meta http-equiv="X-UA-Compatible" content="IE=edge">
<meta name="viewport" content="width=device-width,initial-scale=1">
<title>Comprehensive Retirement Calculator</title>
<meta name="description" content="A user-friendly retirement calculator tailored for individuals seeking a holistic view of their retirement planning.">
<meta name="keywords" content="Retirement, Calculator, Savings, Planning">
<script src="https://www.gstatic.com/charts/loader.js"></script>
<script src="https://ajax.googleapis.com/ajax/libs/jquery/3.6.0/jquery.min.js"></script>
<link href="https://cdn.jsdelivr.net/npm/bootstrap@5.0.2/dist/css/bootstrap.min.css" rel="stylesheet"
integrity="sha384-EVSTQN3/azprG1Anm3QDgpJLIm9Nao0Yz1ztcQTwFspd3yD65VohhpuuCOmLASjC" crossorigin="anonymous">
<link href="https://stackpath.bootstrapcdn.com/font-awesome/4.7.0/css/font-awesome.min.css" rel="stylesheet">
<script type="text/javascript">
try {
google.charts.load('current', {'packages':['corechart']});
function calculateRetirement() {
// Get user inputs
var currentAge = parseInt($('#currentAge').val());
var retirementAge = parseInt($('#retirementAge').val());
var lifeExpectancy = parseInt($('#lifeExpectancy').val());
var currentSavings = parseFloat($('#currentSavings').val());
var monthlyContribution = parseFloat($('#monthlyContribution').val());
var annualReturn = parseFloat($('#annualReturn').val()) / 100;
var annualInflation = parseFloat($('#annualInflation').val()) / 100;
var otherIncome = parseFloat($('#otherIncome').val());
var lumpSum = parseFloat($('#lumpSum').val());
var retirementExpenses = parseFloat($('#retirementExpenses').val());
// Calculate adjusted savings
var yearsToRetirement = retirementAge - currentAge;
var adjustedSavings = currentSavings;
for (var i = 0; i < yearsToRetirement; i++) {
adjustedSavings *= (1 + annualReturn);
adjustedSavings += (monthlyContribution * 12);
adjustedSavings += lumpSum;
adjustedSavings /= (1 + annualInflation);
}
// Calculate withdrawal amount
var yearsInRetirement = lifeExpectancy - retirementAge;
var annualWithdrawal = (adjustedSavings + otherIncome) / yearsInRetirement;
// Calculate shortfall/surplus
var shortfall = retirementExpenses * 12 * yearsInRetirement - adjustedSavings - otherIncome;
// Update results
$('#adjustedSavings').text(adjustedSavings.toFixed(2));
$('#annualWithdrawal').text(annualWithdrawal.toFixed(2));
$('#shortfall').text(shortfall.toFixed(2));
// Update chart
var data = new google.visualization.DataTable();
data.addColumn('string', 'Year');
data.addColumn('number', 'Savings');
for (var i = currentAge; i <= lifeExpectancy; i++) {
data.addRow([i.toString(), adjustedSavings]);
adjustedSavings *= (1 + annualReturn);
adjustedSavings += (monthlyContribution * 12);
adjustedSavings += lumpSum;
adjustedSavings /= (1 + annualInflation);
}
var chart = new google.visualization.LineChart(document.getElementById('chart'));
chart.draw(data, {title: 'Savings Over Time', curveType: 'function', legend: { position: 'bottom' }});
}
$(document).ready(function() {
$('#calculate').click(calculateRetirement);
google.charts.setOnLoadCallback(calculateRetirement);
});
} catch (error) {
throw error;
}
</script>
<style>
body {
font-family: 'Montserrat', sans-serif;
background-color: #f8f9fa;
}
.container {
margin-top: 20px;
}
#chart {
width: 100%;
height: 400px;
}
</style>
</head>
<body>
<div id="main-container" class="container">
<h1 class="text-center">Comprehensive Retirement Calculator</h1>
<div class="row">
<div class="col-sm-6">
<input type="number" id="currentAge" placeholder="Current Age">
<input type="number" id="retirementAge" placeholder="Desired Retirement Age">
<input type="number" id="lifeExpectancy" placeholder="Life Expectancy">
<input type="number" id="currentSavings" placeholder="Current Savings ($)">
<input type="number" id="monthlyContribution" placeholder="Monthly Contribution ($)">
<input type="number" id="annualReturn" placeholder="Expected Annual Return (%)">
<input type="number" id="annualInflation" placeholder="Expected Annual Inflation Rate (%)">
<input type="number" id="otherIncome" placeholder="Other Retirement Income">
<input type="number" id="lumpSum" placeholder="Occasional Lump Sum Additions ($)">
<input type="number" id="retirementExpenses" placeholder="Expected Monthly Expenses in Retirement ($)">
<button id="calculate" class="btn btn-primary">Calculate</button>
</div>
<div class="col-sm-6">
<h2>Results</h2>
<p>Adjusted Retirement Savings: $<span id="adjustedSavings"></span></p>
<p>Potential Annual Withdrawal: $<span id="annualWithdrawal"></span></p>
<p>Shortfall/Surplus: $<span id="shortfall"></span></p>
<div id="chart"></div>
</div>
</div>
</div>
</body>
</html>
NEW APPS
These are apps made by the community!