Mixing
Making a pension calculator to find monthly deposits
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Im trying to make a pension calculator to find out how much you need to contribute to your pension each month in order to reach your retirement goal.
For instance, let's say you want £250,000 when you retire in 35 years. How much do you have to put away each month (based on a CPI growth of 2.3%).
calculator
asked Jan 15 at 14:35
LukeTerzichLukeTerzich
1
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add a comment |
$begingroup$
Im trying to make a pension calculator to find out how much you need to contribute to your pension each month in order to reach your retirement goal.
For instance, let's say you want £250,000 when you retire in 35 years. How much do you have to put away each month (based on a CPI growth of 2.3%).
calculator
asked Jan 15 at 14:35
LukeTerzichLukeTerzich
1
$endgroup$
$begingroup$
Are you expecting to get any interest on the money you put away?
$endgroup$
– Servaes
Jan 15 at 14:40
$begingroup$
only 2.3 which is the consumer price index. If I wanted to add a 2% interest rate then how would I go about this as well?
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– LukeTerzich
Jan 15 at 14:45
$begingroup$
May be of interest math.stackexchange.com/questions/74111/pension-calculation
$endgroup$
– cgiovanardi
Jan 16 at 0:31
add a comment |
$begingroup$
Im trying to make a pension calculator to find out how much you need to contribute to your pension each month in order to reach your retirement goal.
For instance, let's say you want £250,000 when you retire in 35 years. How much do you have to put away each month (based on a CPI growth of 2.3%).
calculator
asked Jan 15 at 14:35
LukeTerzichLukeTerzich
1
$endgroup$
Im trying to make a pension calculator to find out how much you need to contribute to your pension each month in order to reach your retirement goal.
For instance, let's say you want £250,000 when you retire in 35 years. How much do you have to put away each month (based on a CPI growth of 2.3%).
calculator
calculator
asked Jan 15 at 14:35
LukeTerzichLukeTerzich
1
asked Jan 15 at 14:35
LukeTerzichLukeTerzich
1
asked Jan 15 at 14:35
LukeTerzichLukeTerzich
1
asked Jan 15 at 14:35
LukeTerzichLukeTerzich
1
asked Jan 15 at 14:35
LukeTerzichLukeTerzich
1
1
$begingroup$
Are you expecting to get any interest on the money you put away?
$endgroup$
– Servaes
Jan 15 at 14:40
$begingroup$
only 2.3 which is the consumer price index. If I wanted to add a 2% interest rate then how would I go about this as well?
$endgroup$
– LukeTerzich
Jan 15 at 14:45
$begingroup$
May be of interest math.stackexchange.com/questions/74111/pension-calculation
$endgroup$
– cgiovanardi
Jan 16 at 0:31
add a comment |
$begingroup$
Are you expecting to get any interest on the money you put away?
$endgroup$
– Servaes
Jan 15 at 14:40
$begingroup$
only 2.3 which is the consumer price index. If I wanted to add a 2% interest rate then how would I go about this as well?
$endgroup$
– LukeTerzich
Jan 15 at 14:45
$begingroup$
May be of interest math.stackexchange.com/questions/74111/pension-calculation
$endgroup$
– cgiovanardi
Jan 16 at 0:31
$begingroup$
Are you expecting to get any interest on the money you put away?
$endgroup$
– Servaes
Jan 15 at 14:40
$begingroup$
Are you expecting to get any interest on the money you put away?
$endgroup$
– Servaes
Jan 15 at 14:40
$begingroup$
only 2.3 which is the consumer price index. If I wanted to add a 2% interest rate then how would I go about this as well?
$endgroup$
– LukeTerzich
Jan 15 at 14:45
$begingroup$
only 2.3 which is the consumer price index. If I wanted to add a 2% interest rate then how would I go about this as well?
$endgroup$
– LukeTerzich
Jan 15 at 14:45
$begingroup$
May be of interest math.stackexchange.com/questions/74111/pension-calculation
$endgroup$
– cgiovanardi
Jan 16 at 0:31
$begingroup$
May be of interest math.stackexchange.com/questions/74111/pension-calculation
$endgroup$
– cgiovanardi
Jan 16 at 0:31
add a comment |
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$begingroup$
Are you expecting to get any interest on the money you put away?
$endgroup$
– Servaes
Jan 15 at 14:40
$begingroup$
only 2.3 which is the consumer price index. If I wanted to add a 2% interest rate then how would I go about this as well?
$endgroup$
– LukeTerzich
Jan 15 at 14:45
$begingroup$
May be of interest math.stackexchange.com/questions/74111/pension-calculation
$endgroup$
– cgiovanardi
Jan 16 at 0:31