Has anyone attempted a 401k calculator in LiveCode?

[karmacomposer]

As the title suggests, has anyone coded a 401K calculator with dollar cost averaging in LiveCode?

Mike

[Mark]

Mike,

Maybe you should explain what the typically American 401K calculator is.

Mark

[Mikey]

Mike,

What are you thinking - you enter the data, or you suck it out of your provider, or what?

[dunbarx]

Hi.

401K plans are all different, no? Depends on the company, whatever matching might or might not be present, and all based on user contributions as well. The stack would be straightforward, and I think you should write one. Leave the variables accessible so they can be filled in by the user. Write back if you get stuck with coding issues...

Craig Newman

[karmacomposer]

The client wants:

if someone put "X" amount of money in their 401K, every two weeks, bi-weekly, can you tell me what balance they would have after a period of years. This would need to include a "dollar cost average", what I mean, is when the stock market goes down, they are buying more shares.

Something like this:

http://www.bankrate.com/calculators/ret ... lator.aspx

Using this plan:

tsp.gov

Is it possible with LiveCode? There are excel spread sheets that come close - I wonder how hard it would be to convert a excel spreadsheet to a LiveCode app?

Mike

[Mikey]

Of course, this is straightforward enough that you CAN do it in a spreadsheet, although it will be easier to do in LC. You just have to write it.