DIY Calculator (Cash Savings)
Field / Amount Details / Interpretation
Target Savings / 36.4K / Required annual withdrawal target
Interest Rate % / 4.5% / Cash interest rate
Target Balance / 808.9K / Required capital at retirement
Years Until Retirement / 9 / Time horizon
Opening Balance / 100K / Starting cash balance
Required Annual Contribution — Annual/Monthly Deposits / 63.4K / 60.7K per year (var −2.7K) / Annual contributions made once per year
Required Monthly Contribution — Annual/Monthly Deposits / 5.28K / 5.06K per month (var −0.22K) / Monthly contributions made once per month
