softalk-pc-1982-12-reduced

enter a flush right format and then replicatethe format down to D56. Then put the value72 in Dl2, and the formula +Dl2-l atDl3. Now replicate D13 into D14 throughDS6, with relative reference to Dl2. You willsee your age decrease down the column.It would be interesting to know howmuch tax savings you can realize as a resultof having an IRA. This information is easyto obtain. Let's suppose you're in a 39 percenttax bracket. At D2 enter the labelTAX RA TE and at E2 enter .39 to expressyour rate as a percentage.You're now ready to see how muchmoney you can save in current taxes with anIRA. You can do this in column Eby calculatingthe after-tax effective value of a non­IRA investment (we'll assume your non-IRAinvestment returns the same interest as yourIRA).A B C D E F GINTERESTPERIODSAGERETIREMENTTERMINT/PERIODFUTURE VALUEYRS01234s67891011121314lS16.17181920212223242S2627282930313233343536373839404142434411.00TAX RATE36S346S313.013699E -42232.52CUMULATIVE STARTINGSINGLE INV. INVESTMENT AGE2000.002232.522492.072781.80310S.213466.223869.204319.034821.16S381.676007.34670S.75748S.3683SS.609327.0210411.3811621.8012972.9S14481.1816164.7S18044.0620141.8622483.S425097.472801S.2931272.3434908.0S38966.4443496.6748SS3.S7S4198.3960499.4867S33.127S384.SO84148.6793931.771048S2.24117042.32130649.6114S838.89162794.06181720.43202847.18226430.12252754.802232.524724.S97S06.3910611.6014077.8217947.0222266.0527087.2132468.8838476.224S181.9752667.3361022.93·70349.9S80761.3392383.131053S6.08119837.25136002.01154046.07174187.92196671.46221768.93249784.222810S6.56315964.61354931.05398427.72446981.29501179.69561679.16629212.29704596.7978874S.46882677.23987529.461104571.781235221.401381060.281543854.341725574.781928421.962154852.082407606.88Figure 3.717069686766656463626160S95857S6SSS4S352515049484746454443424140393837363S343332313029280.39AFTER-TAXEFFECTIVEVALUE OFNON-IRAACCOUNT2141.843752.686421.499400.S71272S.9916438.03ANNUALAMOUNTTAXESPAID191.91304.90431.03571.83728.99904.4220S81.63 1100.252S206.96 1318.8530370.03 1S62.8636133.36 183S.2442S66.73 2139.2949748.04 2478.6957764.25 28S7.5466712.41 3280.4476700.89 37S2.SO878S0.63 4279.4S100296.63 4867.66114189.S9 S524.25129697.7S 62S7.18147008.88 707S.32166332.60 7988.S8187902.88 9008.01211980.92 1014S.96238858.26 11416.21268860.3S 12834.14302350.47 14416.91339734.14 16183.70381464.02 181S5.8942804S.40 203.57.37480042.31 22814.80S38084.37 25SS7.920602874.37 28619.9567S196.83 32037.98755927.48 35853.39846043.84 40112.37946637.09 44866.501058925.28 SOl 73.351184268.0.5 56097.111'1324183.12 62709.681480364.66 70090.9716.54703.81 78330.401849311 ..56 87527.752066544.33 97794.372309032.51SINGLEAMOUNTTAXESPAID90.68101.23112.99126.13140.79157.16175.4319S.83218.60244.01272.38304.05339.40378.8S422.90472.06S26.9S588.21656.S9732.93818.14913.261019.431137.951270.2S1417.931582.771766.791972.192201.482457.422743.123062.043418.033815.414258.984754.135306.85.5923.826612.S27381.298239.439197.3510266.62Then, at cell El4 enter this formula:+C13-(E2*(Cl3-Cl2)); then replicate theformula to £56, with the reference to E2 unchanged.This formula gives you the aftertaxyield for an investment that, unlike anIRA, is not exempt from taxes.In column F we can calculate the amountof taxes that would be paid on a non-IRA accountwith an annual investment. At Fl4,enter the formula +E2*(Cl4-C13-Bl);then replicate the formula to F56, with thereferences to E2 and Bl unchanged.In column G we can calculate the amountof taxes that would be paid on a non-IRA accountwith a single investment (the valueat Bl). At G13 enter the formula+ E2*(Bl3-Bl2) and replicate that formulato G56-again keeping a constant referenceto E2.Figure 3 shows the finished model, completewith some additional labels.You can now readily compare the tax effectivenessof an IRA to a nonexempt investment;and you can change the variousparameters to see their effects. An interestingvariation would be to change the taxbracket after every five-year period or so toreflect your increased income tax liability.Have fun!•ATTENTION: IBM PC & Apple users!lnternotional Computers the "TRY IT BEFORE YOUBUY IT' comp1ny reco1nizes th1t only ofter using a pr•cnm un one really determine if it senes one's neecls. In1n effort to 1ddress this problem lnternotional Computers,will for SS.00 send 1 "TRY IT BEFORE YOU BUYIT'' copy of 1ny softwore we distribute to 1ny person ordNler. Pluse copy 1ny "TRY IT BEFORE YOU BUY IT"softwore & moke it 1Y1ilable to friends ind customers.MR. LISTER - Spice Shuttle of moiling list programs.Look 11 the f11tures: WordSbr and M1ilMerge compal·ible; over 2000 entries on double sided disk; print zipsorted post cords or envelopes; print libels 1, 2 or 3across; and much more! $79.95 IBM PC & AppleMR. MAILER - Print 30,000 labels from one p1ir of floppydisks. If you mike 'RESIDENT' m1ilings and wantlabels sorted according to corrier route and delivery s•quence you neea Mr. M1iler $495.95 · IBM PC & AppleGoforth - A Forth Computer Assisted Instructionlion Course teoching :Forth. The Forth progromminglanguage & editor includecl. $59.95 - IBM PC & AppleMR. SPOOLER - Spool all printer output to memory forlutomotic printing while you go on to other jobs. NowLUST, LPRINT & PrtSc work with your serial printer.Run your seri1I printer at full speed without losingcharacters. Hardware, XON/XOFF and ETX/ ACK serialhandshake supported. Spooling to both Serial &Parallel printers is supported. $S9.95 IBM PC only.MR. DISK CACHE - Increase dab access speeds by50 to 100 limes! This CACHE MEMORY system uses the"MOST OFTEN USED" algorythm. WRITE· THRUguarantees dab will never be lost even if you have apower failure. This is true CACHE MEMORY not ramdisk!$99.95 IBM PC onlyOther nail1ble IBM PC and Apple software includes:general ledger, billings program, 1ppointment scheduler.real esble owner tracking system, Forth language andprogramming utilities. New products ore being added, sowrite or coll for an up-11>-date debiled listing of currently1Y1ilable software.INTERNATIONAL COMPUTERSP. 0. Box 13547Mexico Beach, FL 32410(904) 648-8484for the IBM Personal Computer December 198241