Description:

This spreadsheet is designed to help employees and employers calculate monthly retirement contributions and project the total savings by retirement age. It includes sections for employee information, monthly deductions from pay, and a detailed month-by-month contribution breakdown.

• Employee Information:
  • Collects basic details such as employee name, date of birth, designation, start date, and end date.
    
    
• Monthly Deductions from Pay:
  • Details the monthly deductions for insurance, healthcare, and savings.
    
    
• Month-by-Month Contribution Breakdown:
  • Tracks contributions for each month, including the month, date, current pay, monthly contribution, payment per month, start age, end age, and total contributions.