finance on Joseph Bisch
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Recent content in finance on Joseph BischHugo -- gohugo.ioen-usSat, 11 May 2019 07:36:00 -0400Compound Interest - Increasing Salary/Contributions
http://josephbisch.com/post/2019-05-11-compound-interest/
Sat, 11 May 2019 07:36:00 -0400http://josephbisch.com/post/2019-05-11-compound-interest/I couldn’t find a spreadsheet to do compound interest and retirement calculations with increasing contributions (i.e. to account for salary increases over time). There are online calculators that do so, but I wanted it in spreadsheet form, so I could add to it.
So I made the following spreadsheet that compares the difference that a certain yearly salary increase makes on the value of your portfolio and on the amount of income you can draw from that portfolio based on a certain withdrawal rate.