Retirement Calculator Retirement Age: Current Age: Current Savings: Estimated Savings Rate: % Estimated Annual Income: Estimated Annual Expenses: function calculateSavings() { //Get user inputs let retirementAge = document.querySelector("form input[name='age']:nth-child(2)").value; let currentAge = document.querySelector("form input[name='age']:nth-child(4)").value; let currentSavings = document.querySelector("form input[name='savings']:nth-child(6)").value; let savingsRate = document.querySelector("form input[name='savingsRate']:nth-child(8)").value; let annualIncome = document.querySelector("form input[name='annualIncome']:nth-child(10)").value; let annualExpenses = document.querySelector("form input[name='annualExpenses']:nth-child(12)").value; //Convert numeric strings to numbers currentSavings = parseFloat(currentSavings.replace("$", "")); annualIncome = parseFloat(annualIncome.replace("$", "")); annualExpenses = parseFloat(annualExpenses.replace("$", "")); //Calculate the total savings let savingsPerYear = (annualIncome - annualExpenses) * (savingsRate / 100); let totalSavings = (retirementAge - currentAge) * savingsPerYear + currentSavings; //Display total savings with dollar sign and comma separators let totalSavingsFormatted = totalSavings.toLocaleString('en-US', {style: 'currency', currency: 'USD'}) document.getElementById("totalSavings").innerHTML = 'Estimated Total Savings at Retirement: ' + totalSavingsFormatted; } The Best Retirement Calculators for 2015: An Overview Are you nearing retirement age or is retirement soon to be a part of your life in the near future? If so, then you may be starting to think about how to best prepare for your retirement. Retirement calculators can be a great tool to help you assess your financial situation and make sure you are on track for reaching your retirement goals. In this article, we will discuss the best retirement calculators for 2015, and how to use them to your advantage. What Retirement Calculators Can Do For You Retirement calculators can help you plan for retirement by providing estimations on how much money you will need to have saved by the time you reach retirement age. They can also estimate how much money you will need to pay in taxes and how much money you should save each month. Some calculators provide comprehensive reports that outline your estimated financial future and provide strategies for improving upon it. With a retirement calculator, you can determine your risk tolerance and investment strategies, and project your future income and expenses. Best Retirement Calculators for 2015 Here is a list of some of the best retirement calculators available for 2015: Vanguard Retirement Planner EPingles.org Retirement Calculator Fidelity Retirement Increment Calculator ClearSquared Retirement Planner Calculator.me.uk Retirement Calculator These retirement calculators can be used to estimate future income, expenses, and other variables such as inflation and risk tolerance. They can also be used to devise retirement plans and strategies. These tools can help you decide how much money to invest and how to invest it in order to reach your desired retirement goals. How to Use Retirement Calculators Using a retirement calculator is fairly straightforward and straightforward. Simply input information such as your current age, expected age of retirement, current income, expected income upon retirement, and any investments or assets which you have. The calculator will then generate an estimate of your expected wealth or retirement security. Using a retirement calculator is a great way to plan for the future and to ensure that you are taking the appropriate steps to ensure financial security. However, it is important to remember that retirement calculators merely provide estimates—they cannot predict the future. Therefore, it is important to take the estimations provided with a grain of salt and to keep in mind that your actual retirement results may vary. Conclusion Using a retirement calculator can be a great way to get an idea of what kind of financial lifestyle you can expect during your retirement years. The calculators are easy to use and can give you an approximate idea of how much money you need to save in order to reach your retirement goals. The best retirement calculators for 2015 vary in capabilities; read through the descriptions of each calculator to find the one that best meets your needs.