Retirement Savings Calculator
Nov 16, 2023
v.0
Calculate the future value of a Traditional IRA or 401k after taxes at retirement. Calculator Growth Tax Retirement Savings Future value IRA 401k

Versions  

Bugs  
None!

Get This App On Your Website

1. Copy the code above with the iframe and link.
2. Paste the code into your website.
3. Resize the iframe to fit your website.

Javascript, HTML, CSS Code

                
<html>
<head>
<script type="text/javascript"> window.addEventListener('error', function(event) { var message = JSON.parse(JSON.stringify(event.message)); var source = event.filename; var lineno = event.lineno; var colno = event.colno; var error = event.error; window.parent.postMessage({ type: 'iframeError', details: { message: message, source: source, lineno: lineno, colno: colno, error: error ? error.stack : '' } }, '*'); }); window.addEventListener('unhandledrejection', function(event) { window.parent.postMessage({ type: 'iframePromiseRejection', details: { reason: event.reason } }, '*'); }); </script>

<meta charset="utf-8">
<meta http-equiv="X-UA-Compatible" content="IE=edge">
<meta name="viewport" content="width=device-width,initial-scale=1">

<title>Retirement Savings Calculator</title>
<meta name="description" content="Calculate the future value of a Traditional IRA or 401k after taxes at retirement.">
<meta name="keywords" content="retirement, savings, calculator, IRA, 401k, future value, tax, growth">

<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 src="https://cdn.jsdelivr.net/npm/chart.js"></script>
<script src="https://fonts.googleapis.com/css?family=Roboto:300,400,500,700&display=swap" rel="stylesheet">

<script type="text/javascript">
try {
console.log('Calculator is working.');

function calculateRetirement() {
// Inputs
const currentAge = parseInt($('#currentAge').val());
const retirementAge = parseInt($('#retirementAge').val());
const growthRate = parseFloat($('#growthRate').val()) / 100;
const inflationRate = parseFloat($('#inflationRate').val()) / 100;
const annualContributions = parseFloat($('#annualContributions').val());
const estimatedTaxRate = parseFloat($('#estimatedTaxRate').val()) / 100;
const contributionIncreaseRate = parseFloat($('#contributionIncreaseRate').val()) / 100;
const initialBalance = parseFloat($('#initialBalance').val());

let yearsToGrow = retirementAge - currentAge;
let balance = initialBalance;
let totalContributions = 0;
let totalGrowth = 0;
let yearlyContribution = annualContributions;
let chartData = {
labels: [],
data: []
};

for (let i = 0; i <= yearsToGrow; i++) {
balance += yearlyContribution;

let growth = balance * growthRate;
balance += growth;
totalGrowth += growth;
totalContributions += yearlyContribution;

yearlyContribution *= (1 + contributionIncreaseRate);
balance *= (1 - estimatedTaxRate);
balance /= (1 + inflationRate);

chartData.labels.push(currentAge + i);
chartData.data.push(balance);
}

let taxes = totalGrowth * estimatedTaxRate;
let afterTaxBalance = balance - taxes;

$('#totalContributions').text(`$${totalContributions.toFixed(2)}`);
$('#totalGrowth').text(`$${totalGrowth.toFixed(2)}`);
$('#accountBalance').text(`$${balance.toFixed(2)}`);
$('#taxesOnBalance').text(`$${taxes.toFixed(2)}`);
$('#afterTaxBalance').text(`$${afterTaxBalance.toFixed(2)}`);

drawChart(chartData);
}

function drawChart(data) {
const ctx = document.getElementById('growthChart').getContext('2d');
if (window.bar != undefined)
window.bar.destroy();
window.bar = new Chart(ctx, {
type: 'line',
data: {
labels: data.labels,
datasets: [{
label: 'Account Balance Over Time',
data: data.data,
backgroundColor: 'rgba(54, 162, 235, 0.2)',
borderColor: 'rgba(54, 162, 235, 1)',
borderWidth: 1
}]
},
options: {
scales: {
y: {
beginAtZero: true
}
}
}
});
}

$(document).ready(function() {
$('#calculate').click(calculateRetirement);
});
} catch (error) {
throw error;
}
</script>

<style>
body {
font-family: 'Roboto', sans-serif;
}

#main-container {
margin-top: 30px;
}

#growthChart {
max-height: 400px;
max-width: 100%;
margin-top: 20px;
}

.result-table {
margin-top: 20px;
background-color: #f7f7f7;
padding: 20px;
border-radius: 10px;
}

.result-table th, .result-table td {
padding: 5px 10px;
}

.input-group-text {
background: linear-gradient(60deg, #ab47bc, #8e24aa);
border: none;
color: white !important;
}

.btn-primary {
background-color: #8e24aa;
border-color: #8e24aa;
}

.btn-primary:hover {
background-color: #9c27b0;
border-color: #9c27b0;
}
</style>

<link rel="canonical" href="https://calculator.tools/app/retirement-savings-calculator-728/">
<meta charset="utf-8">

</head>
<body>
<div id="main-container" class="container">
<h2>Retirement Savings Calculator 📈</h2>
<div class="input-group mb-3">
<span class="input-group-text">Current Age</span>
<input type="number" id="currentAge" class="form-control" placeholder="Current Age">
</div>
<div class="input-group mb-3">
<span class="input-group-text">Retirement Age</span>
<input type="number" id="retirementAge" class="form-control" placeholder="Retirement Age">
</div>
<div class="input-group mb-3">
<span class="input-group-text">Growth Rate %</span>
<input type="number" id="growthRate" class="form-control" placeholder="Growth Rate %">
</div>
<div class="input-group mb-3">
<span class="input-group-text">Inflation Rate %</span>
<input type="number" id="inflationRate" class="form-control" placeholder="Inflation Rate %">
</div>
<div class="input-group mb-3">
<span class="input-group-text">Annual Contributions $</span>
<input type="number" id="annualContributions" class="form-control" placeholder="Annual Contributions $">
</div>
<div class="input-group mb-3">
<span class="input-group-text">Estimated Tax Rate %</span>
<input type="number" id="estimatedTaxRate" class="form-control" placeholder="Estimated Tax Rate %">
</div>
<div class="input-group mb-3">
<span class="input-group-text">Contribution Increase Rate %</span>
<input type="number" id="contributionIncreaseRate" class="form-control" placeholder="Contribution Increase Rate %">
</div>
<div class="input-group mb-3">
<span class="input-group-text">Initial Balance $</span>
<input type="number" id="initialBalance" class="form-control" placeholder="Initial Balance $">
</div>
<button id="calculate" class="btn btn-primary mb-3">Calculate</button>

<table class="table result-table">
<thead>
<tr>
<th scope="col">Description</th>
<th scope="col">Amount</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Contributions $/year</td>
<td id="totalContributions">$0.00</td>
</tr>
<tr>
<td>Total Growth Amount $</td>
<td id="totalGrowth">$0.00</td>
</tr>
<tr>
<td>Account Balance at Retirement $</td>
<td id="accountBalance">$0.00</td>
</tr>
<tr>
<td>Taxes on Balance $</td>
<td id="taxesOnBalance">$0.00</td>
</tr>
<tr>
<td>After Tax Balance $</td>
<td id="afterTaxBalance">$0.00</td>
</tr>
</tbody>
</table>

<canvas id="growthChart"></canvas>
</div>
<script type="text/javascript"> var localStoragePrefix = "ct-728"; var lastSave = 0; function saveLocal(data) { if (Date.now() - lastSave < 1000) { return; } let cookie = localStoragePrefix + "=" + JSON.stringify(data) + "; path=" + window.location.pathname + "'; SameSite=Strict"; cookie += "; expires=" + new Date(Date.now() + 1000 * 60 * 60 * 24 * 365 * 1000).toUTCString(); document.cookie = cookie; lastSave = Date.now(); } function loadLocal() { var cookiePrefix = localStoragePrefix + "="; var cookieStart = document.cookie.indexOf(cookiePrefix); if (cookieStart > -1) { let cookieEnd = document.cookie.indexOf(";", cookieStart); if (cookieEnd == -1) { cookieEnd = document.cookie.length; } var cookieData = document.cookie.substring(cookieStart + cookiePrefix.length, cookieEnd); return JSON.parse(cookieData); } } </script>
<script type="text/javascript"> window.addEventListener('load', function() { var observer = new MutationObserver(function() { window.parent.postMessage({height: document.documentElement.scrollHeight || document.body.scrollHeight},"*"); }); observer.observe(document.body, {attributes: true, childList: true, subtree: true}); window.parent.postMessage({height: document.documentElement.scrollHeight || document.body.scrollHeight},"*"); }); </script>
</body>
</html>

NEW APPS

These are apps made by the community!

FAQ

What is Calculator Tools?

Calculator Tools allows you to instantly create and generate any simple one page web app for free and immediately have it online to use and share. This means anything! Mini apps, calculators, trackers, tools, games, puzzles, screensavers... anything you can think of that the AI can handle.

The AI uses Javacript, HTML, and CSS programming to code your app up in moments. This currently uses GPT-4 the latest and most powerful version of the OpenAI GPT language model.

What Do You Mean Make An App?

Have you ever just wanted a simple app but didn't want to learn programming or pay someone to make it for you? Calculator Tools is the solution! Just type in your prompt and the AI will generate a simple app for you in seconds. You can then customize it to your liking and share it with your friends.

AI has become so powerful it is that simple these days.

Does This Use ChatGPT?

It uses GPT-4 which is the most powerful model for ChatGPT.

Calculator Tools does not remember things from prompt to prompt, each image is a unique image that does not reference any of the images or prompts previously supplied.