function calculate(form) { //Create new window var win = window.open("", "win", "width=800,height=600,scrollbars, resizable"); win.document.open("text/html", "_blank"); win.document.write('Executive Benefits Online Rate Calculator') win.document.write('

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') // (user-changeable) variables var contribution = form.cashcontribution.value//= 165000 var age = form.age.value//= 52 var retirement_draw = form.retirementdraw.value// = 125000 var preretirement_tax_rate = form.preretirementtax.value// = 0.40 var postretirement_tax_rate = form.postretirementtax.value// = 0.40 var plan_investment_return = form.planreturn.value// = 0.05 var no_plan_investment_return = form.noplanreturn.value// = 0.10 var retirement_age = form.retirementage.value//62 win.document.write('

') win.document.write('Annual Contribution = ' + contribution + '') win.document.write('
Annual Retirement Withdrawal = ' + retirement_draw + '') win.document.write('
Current Age = ' + age + '') win.document.write('
Retirement Age = ' + retirement_age + '') win.document.write('
Pre-retirement Tax Rate = ' + preretirement_tax_rate + '') win.document.write('
Post-retirement Tax Rate = ' + postretirement_tax_rate + '') win.document.write('

') win.document.write('') win.document.write('') win.document.write('
No Retirement Plan

') win.document.write('

Annual contribution is invested after tax.
Investment income is taxed.

') // + '
Pre-retirement Tax Rate = ' + preretirement_tax_rate + '
Post-retirement Tax Rate = ' + postretirement_tax_rate + '
Investment Return = 10% win.document.write('

Investment Return = ' + no_plan_investment_return + '

') win.document.write('
Retirement With 412(i) Plan

') win.document.write('

Annual contribution is invested before tax.
Pay no taxes until retirement.
At normal retirement age, the 412(i) balance is
rolled into an IRA or profit sharing plan account.

') //Pre-retirement Tax Rate = 40%
Post-retirement Tax Rate = 40% win.document.write('


412(i) Plan Investment Return = ' + plan_investment_return + '

') win.document.write('

Defined Contribution Investment Return = ' + no_plan_investment_return + '

') win.document.write('
') //Create tabl win.document.write("") win.document.write('') var d = new Date() var year = d.getFullYear() //var contribution = form.cashcontribution.value//= 165000 //var age = form.age.value//= 52 //var retirement_draw = form.retirementdraw.value// = 125000 //var preretirement_tax_rate = form.preretirementtax.value// = 0.40 //var postretirement_tax_rate = form.postretirementtax.value// = 0.40 //var plan_investment_return = form.planreturn.value// = 0.05 //var no_plan_investment_return = form.noplanreturn.value// = 0.10 //var retirement_age = form.retirementage.value//62 //Do some error checking if (contribution < 0) contribution = 0 if (age < 0) age = 0 if (retirement_draw < 0) retirement_draw = 0 if (preretirement_tax_rate < 0) preretirement_tax_rate = 0 if (postretirement_tax_rate < 0) postretirement_tax_rate = 0 if (plan_investment_return < 0) plan_investment_return = 0 if (no_plan_investment_return < 0) plan_investment_return = 0 if (retirement_age < 0) retirement_age = 0 //Pre retirement variables: var before_tax_draw = 0 var taxes = 0 var after_tax_draw = 0 var no_plan_draw = 0 //Calculate variables based on user input var cash_contribution = contribution-0 var no_plan_taxes = cash_contribution*preretirement_tax_rate var contribution_after_taxes = cash_contribution-no_plan_taxes var plan_before_tax_draw = retirement_draw / (1 - postretirement_tax_rate) var plan_taxes = plan_before_tax_draw*postretirement_tax_rate //Loop calculated variables var no_plan_fund=0 var plan_fund=0 var no_plan_bty var no_plan_aty = 0 var plan_yield = 0 var no_plan_yield_taxes=0 var no_plan_fund_temp=0 var plan_fund_temp=0 do { if (age == retirement_age) { cash_contribution = 0 contribution_after_taxes = 0 no_plan_taxes = 0 no_plan_draw = retirement_draw before_tax_draw = plan_before_tax_draw taxes = plan_taxes after_tax_draw = retirement_draw plan_investment_return = no_plan_investment_return preretirement_tax_rate = postretirement_tax_rate } //Calculate NO PLAN year: no_plan_fund += contribution_after_taxes no_plan_fund += no_plan_aty no_plan_fund_temp = no_plan_fund no_plan_fund -= no_plan_draw no_plan_bty = no_plan_fund*no_plan_investment_return no_plan_yield_taxes = no_plan_bty*preretirement_tax_rate no_plan_aty = no_plan_bty - no_plan_yield_taxes //Calculate PLAN year: plan_fund += cash_contribution plan_fund += plan_yield plan_fund_temp = plan_fund plan_fund -= before_tax_draw plan_yield = plan_fund*plan_investment_return if (no_plan_fund_temp < no_plan_draw) no_plan_draw = no_plan_fund_temp if (no_plan_fund < 0) no_plan_fund = 0 if (no_plan_fund_temp < 0) no_plan_fund_temp = 0 if (no_plan_bty < 0) no_plan_bty = 0 if (no_plan_yield_taxes < 0) no_plan_yield_taxes = 0 if (no_plan_aty < 0) no_plan_aty = 0 if (plan_yield < 0) plan_yield = 0 if (plan_fund_temp < before_tax_draw) { before_tax_draw = plan_fund_temp taxes = before_tax_draw*postretirement_tax_rate after_tax_draw = before_tax_draw - taxes } //Print table win.document.write("") win.document.write('") win.document.write('") win.document.write('") win.document.write('") win.document.write('") win.document.write('") win.document.write('") win.document.write('") win.document.write('") //Plan section win.document.write('") win.document.write('") win.document.write('") win.document.write('") win.document.write('") win.document.write('") win.document.write('") win.document.write('") win.document.write('") win.document.write("") year++ age++ } while ((age <= 120)&&(plan_fund>0)) win.document.write('
YearAgeAnnual
Cash
Cont.		TaxesFundBefore
Tax
Yield		TaxesAfter
Tax
Yield		Annual
Draw		Annual
Cash
Cont.		TaxesFundBefore
Tax
Yield		TaxesAfter
Tax
Yield		Before
Tax
Draw		TaxesAfter
Tax
Draw
' + year + "' + age + "' + cash_contribution + "' + Math.round(no_plan_taxes) + "' + Math.round(no_plan_fund_temp) + "' + Math.round(no_plan_bty) + "' + Math.round(no_plan_yield_taxes) + "' + Math.round(no_plan_aty) + "' + Math.round(no_plan_draw) + "' + cash_contribution + "' + 0 + "' + Math.round(plan_fund_temp) + "' + Math.round(plan_yield) + "' + 0 + "' + Math.round(plan_yield) + "' + Math.round(before_tax_draw) + "' + Math.round(taxes) + "' + Math.round(after_tax_draw) + "
') win.document.write('

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') win.document.write('') win.document.close(); }