I changed the spread sheet. I added an area that calculates taxes and takes into consideration the effect of income on the taxation of Social Security. You can now enter your budget, inflation adjustments and see what effect it will have on your ability to retire over the next 35 years. I also wrote some instructions. You can download the spreadsheet, instruction or both at the website below.
The tax calculation is for married filing jointly MFJ. You can make changes for some other status. Also, I only have tax figures up to the top of the 25% bracket. For MFJ that is a little over $119,000. Sorry I figure if you have more income without SS you most likely don’t need the use of this spreadsheet.
Please let me know what you think. If you have questions you don’t want to put here email me at firstname.lastname@example.org
Mistake in the Tax calculations. Good news it was figuring too much tax. I think I have it corrected.