A B C D E F G H I J K

1 Retirement Planning
2
3 Starting Salary $50,000 Interest % Salary Increase %
4 Your Contribution % 6% Uniform Triangular
5 Employer's Maximum Match % 3% Min 2% Min 3%
6 Max 9% Most Likely 5%
7 Max 10%
8 Given Info Computations
9
10
11

Your Year-End
401(k) Your Employer 401(k)
Salary Interest Interest Salary
12 Year Beginning Contri- Contri- Ending
for the % Earned Increase
Balance bution bution Balance
Year %
13 1 $50,000 $0 $3,000.00 $1,500.00 6.838% $0.00 7.005% $4,500.00
14 2 $53,500 $4,500.00 $3,210.00 $1,605.00 3.529% $158.82 8.474% $9,473.82
15 3 $58,000 $9,473.82 $3,480.00 $1,740.00 7.428% $703.75 5.750% $15,397.57
16 4 $61,300 $15,397.57 $3,678.00 $1,839.00 3.532% $543.84 9.142% $21,458.41
17 5 $66,900 $21,458.41 $4,014.00 $2,007.00 7.363% $1,580.05 3.743% $29,059.47
18 6 $69,400 $29,059.47 $4,164.00 $2,082.00 5.576% $1,620.41 4.316% $36,925.88
19 7 $72,400 $36,925.88 $4,344.00 $2,172.00 6.325% $2,335.73 5.313% $45,777.61
20 8 $76,200 $45,777.61 $4,572.00 $2,286.00 5.059% $2,315.99 6.960% $54,951.60
21 9 $81,500 $54,951.60 $4,890.00 $2,445.00 4.685% $2,574.21 8.435% $64,860.81
22 10 $88,400 $64,860.81 $5,304.00 $2,652.00 5.958% $3,864.52 8.756% $76,681.33
23 11 $96,100 $76,681.33 $5,766.00 $2,883.00 2.793% $2,141.52 5.669% $87,471.84
24 12 $101,500 $87,471.84 $6,090.00 $3,045.00 3.396% $2,970.15 6.185% $99,577.00
25 13 $107,800 $99,577.00 $6,468.00 $3,234.00 4.091% $4,073.59 6.754% $113,352.58
26 14 $115,100 $113,352.58 $6,906.00 $3,453.00 2.592% $2,938.37 5.193% $126,649.96
27 15 $121,100 $126,649.96 $7,266.00 $3,633.00 8.918% $11,294.38 7.675% $148,843.34
28 16 $130,400 $148,843.34 $7,824.00 $3,912.00 2.052% $3,054.25 4.257% $163,633.59
29 17 $136,000 $163,633.59 $8,160.00 $4,080.00 4.382% $7,170.08 8.125% $183,043.67
30 18 $147,100 $183,043.67 $8,826.00 $4,413.00 5.578% $10,210.92 5.968% $206,493.59
31 19 $155,900 $206,493.59 $9,354.00 $4,677.00 2.575% $5,316.73 4.472% $225,841.32
32 20 $162,900 $225,841.32 $9,774.00 $4,887.00 3.339% $7,541.35 6.719% $248,043.66
33 21 $173,800 $248,043.66 $10,428.00 $5,214.00 8.999% $22,322.57 8.037% $286,008.23
34 22 $187,800 $286,008.23 $11,268.00 $5,634.00 3.078% $8,804.47 4.951% $311,714.70
35 23 $197,100 $311,714.70 $11,826.00 $5,913.00 5.943% $18,526.72 6.097% $347,980.42
36 24 $209,100 $347,980.42 $12,546.00 $6,273.00 3.997% $13,907.45 4.065% $380,706.87
37 25 $217,600 $380,706.87 $13,056.00 $6,528.00 3.971% $15,119.17 7.062% $415,410.04
38 26 $233,000 $415,410.04 $13,980.00 $6,990.00 8.086% $33,589.48 6.627% $469,969.52
39 27 $248,400 $469,969.52 $14,904.00 $7,452.00 7.498% $35,240.01 5.983% $527,565.53
40 28 $263,300 $527,565.53 $15,798.00 $7,899.00 4.728% $24,944.44 4.819% $576,206.96
41 29 $276,000 $576,206.96 $16,560.00 $8,280.00 5.046% $29,077.38 6.118% $630,124.35
42 30 $292,900 $630,124.35 $17,574.00 $8,787.00 3.304% $20,818.01 6.000% $677,303.36
43
44 CUSTOMIZED SIMULATION RESULTS
45 Your Contribution % 1% 2% 3% 4% 5% 6%
46 Simulation # 1 2 3 4 5 6
47 Mean $151,905.97 $303,811.94 $455,717.92 $531,670.90 $607,623.89 $683,576.88
48 Std. Dev. $11,033.12 $22,066.25 $33,099.37 $38,615.93 $44,132.49 $49,649.06
49 Maximum $199,555.10 $399,110.19 $598,665.29 $698,442.84 $798,220.38 $897,997.93
50 95-th Percentile $170,841.18 $341,682.36 $512,523.55 $597,944.14 $683,364.73 $768,785.32
51
Ending
Median $151,435.15 $302,870.29 $454,305.44 $530,023.01 $605,740.58 $681,458.16
52
Balance
5-th Percentile $134,486.20 $268,972.41 $403,458.61 $470,701.71 $537,944.82 $605,187.92
53 Minimum $117,119.49 $234,238.98 $351,358.48 $409,918.22 $468,477.97 $527,037.72
54 Pr{Ending $400,000} 1.00000 1.00000 0.03922 0.00000 0.00000 0.00000
55 Pr{Ending > $600,000} 0.00000 0.00000 0.00000 0.04486 0.55138 0.96078
56
57 CUSTOMIZED SIMULATION RESULTS (pasted after simulations)
58 Your Contribution % 1% 2% 3% 4% 5% 6%
59 Simulation # 1 2 3 4 5 6
60 Mean $151,909.23 $303,818.46 $455,727.69 $531,682.30 $607,636.92 $683,591.53
61 Std. Dev. $11,051.25 $22,102.50 $33,153.75 $38,679.37 $44,205.00 $49,730.62
62 Maximum $205,585.52 $411,171.05 $616,756.57 $719,549.33 $822,342.09 $925,134.85
63 95-th Percentile $170,663.12 $341,326.23 $511,989.35 $597,320.91 $682,652.46 $767,984.02
64
Ending
Median $151,460.01 $302,920.01 $454,380.02 $530,110.02 $605,840.03 $681,570.03
65
Balance
5-th Percentile $134,533.91 $269,067.82 $403,601.73 $470,868.69 $538,135.65 $605,402.60
66 Minimum $112,180.07 $224,360.14 $336,540.20 $392,630.24 $448,720.27 $504,810.30
67 Pr{Ending $400,000} 1.00000 0.99998 0.03876 0.00002 0.00000 0.00000
68 Pr{Ending > $600,000} 0.00000 0.00000 0.00002 0.04396 0.55460 0.96124