https://github.com/miramo1/retirement-calculator

A quick and easy investment and retirement withdrawal calculator
https://github.com/miramo1/retirement-calculator

401k investing matplotlib retirement rmd roth-ira tkinter withdrawal

Last synced: 28 days ago
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A quick and easy investment and retirement withdrawal calculator

• Host: GitHub
• URL: https://github.com/miramo1/retirement-calculator
• Owner: miramo1
• Created: 2024-06-12T23:07:42.000Z (6 months ago)
• Default Branch: main
• Last Pushed: 2024-06-16T16:17:03.000Z (6 months ago)
• Last Synced: 2024-06-16T18:07:28.764Z (6 months ago)
• Topics: 401k, investing, matplotlib, retirement, rmd, roth-ira, tkinter, withdrawal
• Language: Python
• Homepage:
• Size: 83 KB
• Stars: 0
• Watchers: 1
• Forks: 0
• Open Issues: 0
• Metadata Files:
  • Readme: README.md

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README

        
![retirement calc example](https://github.com/miramo1/Retirement-Calculator/assets/67932463/31c1f838-a8fd-41ab-8bf2-c90a25ea51f6)

1. Average inflation since 1975 is 3.77%; average since 2000 is 2.58%. https://www.ssa.gov/cola/

2. Average return of S&P 500 Index is ~10.5% over the last 100 years, assuming dividends are reinvested. We use 9% as a conservative estimate. http://www.econ.yale.edu/~shiller/data.htm, https://shillerdata.com/

3. Tab to switch between Investment and Retirement, Enter to submit, R to reset parameters.

4. Withdrawals happen on day 1 of the year, compounding happens on day 365. The starting year is included in the withdrawal calculations.

5. Run main.py to start. Enjoy!