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Old 04-03-2013, 11:50 PM
z71dawg101 z71dawg101 is offline
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Default Retirement contribution formula question

Can anyone help in creating the formula to find the percent of the persons next years fross salary that the person needs to save in a 401k plan to meet his or her pre tax retirement income using these inputs

Age today
planned retirement age
planned number of years in retirement
today's salary
assumed real growth in salary through time
desired replacement rate of pre retirement income in retirement
assumed nominal return on investments
assumed inflation rate
assumed real increase in percent contributions each year
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Old 04-21-2013, 12:10 AM
abc201879456 abc201879456 is offline
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Default Re: Retirement contribution formula question

PFA a .xls file which shows the calcualtion for the same

https://docs.google.com/file/d/0B6PC...it?usp=sharing


retirement planning is covered in detail in Simplilearn.com CFA preparatory courses
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