attribute Retirement Calculator for Couples Joint Retirement Savings Contribution per Month Inflation Rate Expected Return Rate Time in years for contributions Calculated Results Total Retirement Savings After Contribution Period: Total Retirement Savings After Retirement Period: Required Retirement Savings per Year: function calculateRetirementSavings() { var jointSavings = parseFloat(document.getElementById('jointsavings').value); var contribution = parseFloat(document.getElementById('contribution').value); var inflationRate = parseFloat(document.getElementById('inflationrate').value); var returnRate = parseFloat(document.getElementById('returnrate').value); var contributionTerm = parseFloat(document.getElementById('contributionterm').value); var totalRetirementSavingsAfterContributions = jointSavings + (contribution*contributionTerm*12); var totalRetirementSavingsAfterRetirement = totalRetirementSavingsAfterContributions * Math.pow(1 + (returnRate/100), contributionTerm); totalRetirementSavingsAfterRetirement = totalRetirementSavingsAfterRetirement / Math.pow(1 + (inflationRate/100), contributionTerm); var requiredRetirementSavingsPerYear = totalRetirementSavingsAfterRetirement / contributionTerm; document.getElementById('totalRetirementSavingsAfterContributions').innerHTML = totalRetirementSavingsAfterContributions; document.getElementById('totalRetirementSavingsAfterRetirement').innerHTML = totalRetirementSavingsAfterRetirement; document.getElementById('requiredRetirementSavingsPerYear').innerHTML = requiredRetirementSavingsPerYear; } Retirement Savings Calculators for Couples Retirement is a major milestone in life – one that millions of couples take seriously. Everyone dreams of retirement, with the right plan you can make it a reality and keep your dreams alive. But for couples, retirement gets a bit more complicated. Retirement savings calculators for couples can be important tools to help plan your golden years. As a couple, having a retirement savings calculator can help you make sure you are covering all of your bases in terms of planning for your retirement. Discovering how much you will need to save in order to meet your retirement goals can be difficult to calculate. Typically, calculations for retirement needs to account for multiple sources of income, different expenses throughout retirement and different life expectancies. You will also want to factor in inflation so you can plan for an accurate retirement income. To make sure you are on the right path it is best to use a retirement savings calculator for couples. There are many different calculators available. Most are easy to use and can help you figure out how much you need to save for retirement. To get the most accurate results, it is important to input accurate numbers. Be sure to include both incomes, current and future expenses, life expectancies, inflation and other pertinent factors. You should also consider whether you have any additional sources of income on which you can draw in retirement. Social Security, investments, pensions, and other income sources can be instrumental in boosting your retirement savings and should be included. Retirement savings calculators for couples typically take into account all of the various income sources, expenses and investments that you have to factor into your retirement savings plan. It is important to remember that retirement calculators are just that – calculators. They may be able to give you an idea of what your retirement might look like, but it is always best to consult with a financial planner for the most accurate and up-to-date advice. Retirement calculators are tools and it is up to you to use them effectively to reach your retirement goals. For couples planning for retirement, a retirement savings calculator can be a valuable tool. It can help you get an idea of how much you need to save for retirement and provide you with a plan for getting there. However, these calculators are not perfect and it is best to speak with a financial expert to gain more clarity into your retirement plans.