Just for viewing purposes. You can store and calculate this formula only inside the application.


SAVINGSPROCESS

 
Formula:

SAVINGSPROCESS

Description: Without interest and interest to the final age
Syntax: Ag = CALL("AGEPENFUND",Ag)
YEAR = CALCYEAR
AGC = TAB(CREDITSAVE,Ag,YEAR)
IF Ag > FA - 3
SAVINGSWOINT = CALL("RETASSETWOTINT",RETSAVWOINT)
SAVINGSWITHINT = CALL("RETASSETWINT",RETSAVWITHINT)
EXIT
ELSE
SAVINGSWOINT = CALL("RETASSETWITHOUTINT",RETSAVWOINT)
SAVINGSWITHINT = CALL("RETASSETWITHINT",RETSAVWITHINT)
ENDIF
Note:

Calculate your retirement assets without interest and interest in the final age.
In the case of error relating to age or the insured wage Result fields
SAVINGSWOINT and SAVINGSWITHINT set to zero.

Category: Insurance / Pensionfunds
Creator: pkuser
Account: Free
Published: 20 July 2010
Tags: formula savingsprocess retirement final age interest

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