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PROJECT

401kForum Savings Simulator

Opportunity
“ We want to create a tool for our customers that will allow them to calculate, track and store valuable 401(k) variables.”

Solution
The user just need plug in their retirement age, income goal at retirement, and a few other minor variables, and the simulator will begin calculating the probabilities of achieving a variety of end-goals. It will determine the user's high-end, low end, and mean retirement income range. Customers can adjust a variety of sliders to see how varying their income goals and savings strategies can work a variety of results for them.

 

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