# Money Flow - Library and Examples

Version 1.2.0.0 (81.5 KB) by
Calculate money flow in and out of bank accounts, optimize taxes, and plan your retirement using Simulink
Updated 13 Jun 2024

This is a Simulink® library consisting of:

-) A block modeling a bank account that earns interest after each period -) A block that calculates US federal taxes according to a given tax bracket

Four examples are given:

1. how to use the tax block (tax_block_example.mdl)

2. how to use the bank account block (bank_block_example.mdl)

3. how to calculate money flowing from paycheck to retirement and bank accounts, during employment years (ContributionFlow.mdl)

4. how to calculate money flowing from retirement and bank accounts (and social security) to expenses, during retirement years (DistributionFlow.mdl)

The last two examples can be useful for retirement planning. For example, they can be used to suggest preliminary answers to questions such as: -) how much money do I need to save for retirement? -) how long will my savings last during retirement? -) should I prefer tax deferred or after-tax (roth) 401K accounts? -) how do I to minimize cumulative taxes over a lifetime?

-) A MATLAB® function (taxes.m) that uses a different (and completely independent) method to calulate taxes from the block in the library -) A Simulink model (block_vs_mfcn.mdl) that compares the tax block and taxes.m for positive values, showing that they are indeed equivalent

-) A MATLAB function (mort.m) to calculate mortgage or bond dividends -) A MATLAB function (bond.m) to calculate discounted bond values -) A MATLAB function (irate.m) to calculate monthly, daily and continuously compounding interest rates equivalent to a given yearly compounding rate

The last 3 functions are inspired by (and use the same notation of) the book "The Math of Money: Making Mathematical Sense of Your Personal Finances" from Morton D.Davis: https://www.amazon.com/Math-Money-Mathematical-Personal-Finances/dp/0387950788

Enjoy. G. Campa, 12-Dec-2023

### Cite As

Giampiero Campa (2024). Money Flow - Library and Examples (https://github.com/giampy1969/simulink-moneyflow-library/releases/tag/v1.2.0.0), GitHub. Retrieved .

##### MATLAB Release Compatibility
Created with R2020b
Compatible with R2023b and later releases
##### Platform Compatibility
Windows macOS Linux

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Version Published Release Notes
1.2.0.0

See release notes for this release on GitHub: https://github.com/giampy1969/simulink-moneyflow-library/releases/tag/v1.2.0.0

1.1.0.0

See release notes for this release on GitHub: https://github.com/giampy1969/simulink-moneyflow-library/releases/tag/v1.1.0.0

1.0.0

To view or report issues in this GitHub add-on, visit the GitHub Repository.
To view or report issues in this GitHub add-on, visit the GitHub Repository.