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Spreadsheet Tab 1
I would like to have an Excel spreadsheet template created that calculates 401K retirement savings based upon selected criteria and then estimates withdrawals at retirement. For example, I would like to be able to input a client's age, number of funding years, amount deposited each year, and assumed rates of return. This would calculate a total amount of account balance at retirement age.
From the calculated retirement balance, I would like to be able to calculate the maximum withdrawals available based upon an assumed life expectancy and retirement rate of return.
Spreadsheet Tab 2
In Tab 2 of the spreadsheet, I would like to have a graph that compares the retirement withdrawal amount to another dollar amount that I input.
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