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401K Calculator

Requirements

  • PowerShell....thats it

Running this script

This one is not complex, you can either save it as a ps1 and double click it. Or copy it into your preferred PowerShell Script Editor and run it in there

Current Age: How old are you, or how old do you want to pretend to be?

Current 401k Balance: If you have never contributed it is 0!

Current Salary: This is none of my business really

401k Contribution%: What Percent of your salary do you contribute to your 401k

Employer Match %: How much does your company contribute per percent that you contribute

Employer Max Match(% of Salary): What is the max percentage you company will contribute

Annual Salary Increase %: Do you like raises? Put what you expect those to be per year

Average Rate of Return: I default at 7% return, but if you are all negative you can put 4 or something

Contributions Per Year: How many pay periods do you have a year?

Annual Retirement Spending: What are you going to withdraw annually including taxes

Inflation: This defaults to 2%, put what you want though

Planned Withdrawal Rate: What percentage of your nest egg are you looking to withdraw? This plus your expenses will determine how much you will need to retire.

Retirement Rate of Return: What you expect your invenstments to grow at after retirement. If you are not planning to move your money to lower risk in tretirement Just match the average rate of return above.

License

Copyright 2019 PDQ.com

Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the "Software"), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions:

The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Software.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

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401K Calculator with a withdrawal phase

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