Retirement Calculators
CALCULATORS
Compare Investment Fees
Even a small difference in the fees you pay on your investments can add up over time. Use this calculator to see how different fees can impact your investment strategy!
Investment Savings and Distributions
Use this calculator to help you determine how long your investment savings might last. Enter your current savings plan in the contributions section of the calculator, and your withdrawal needs in the withdrawal section. This calculator will then plot your investment savings total year-by-year. You can then determine how much your investment savings could be worth, and how long it might last.
Personal Economic Recovery Calculator
Recovering from a devastating investment loss takes both time and very often new contributions. Even a very large investment loss can be recouped if you are able to leave your money invested and begin adding new money. This calculator helps you determine what it might take to regroup, rebuild and re-grow after such an investment loss.
Taxable vs. Tax Deferred vs. Tax Free Investment
How taxes are applied to an investment can make an incredible difference. This calculator is designed to help compare a normal taxable investment with two common tax-advantaged situations: an investment in which taxes are deferred until withdrawals are made, and an investment in which taxes are paid on money that goes into the account, but all withdrawals are tax-free.
401(k) Calculator
A 401(k) can be one of your best tools for creating a secure retirement. It provides you with two important advantages. First, all contributions and earnings to your 401(k) are tax-deferred. You only pay taxes on contributions and earnings when the money is withdrawn. Second, many employers provide matching contributions to your 401(k) account.
Individual 401(k) Contribution Comparison
Self-employed individuals and businesses employing only the owner, partners and spouses have several options for tax-advantaged savings including: an Individual 401(k) plan, a SEP IRA or a SIMPLE IRA. Each option has distinct features and amounts that can be contributed to the plan each year. Use this calculator to estimate the potential contribution that can be made to an Individual 401(k) compared with a SIMPLE or SEP plan.
Required Minimum Distribution (RMD) - Future Projection
Use this calculator to create a hypothetical projection of your future Required Minimum Distributions (RMD). Depending on the plan type for your account the IRS requires that you withdraw at least a minimum amount - known as a Required Minimum Distribution (RMD) - from your retirement accounts annually. Determining how much you are required to withdraw is an important issue in retirement planning.
Roth IRA Calculator
Creating a Roth IRA can make a big difference in your retirement savings. There is no tax deduction for contributions made to a Roth IRA, however all future earnings are sheltered from taxes, under current tax laws. The Roth IRA can provide truly tax-free growth.
Roth IRA Conversion Calculator
In 1997, the Roth IRA was introduced. This new IRA allowed for contributions to be made on an after-tax basis and all gains (or growth) to be distributed completely tax-free. Since then, people with incomes under $100,000 have had the option to convert all or a portion of their existing Traditional IRAs to Roth IRAs. Beginning in 2008, participants with funds in eligible employer-sponsored plans could also roll those funds directly over to a Roth IRA in a qualified rollover if their income did not exceed the $100,000 threshold. Starting in 2010, all IRA owners and participants in eligible employer-sponsored plans, regardless of income level, are eligible to convert their Traditional IRA and pre-tax funds in an employer-sponsored plan [401(a)/(k), 403(b) and governmental 457(b)] to a Roth IRA. Is this a good option for you? A conversion has both advantages and disadvantages that should be carefully considered before you make a decision. This calculator compares two alternatives with equal out of pocket costs to estimate the change in total net-worth, at retirement, if you convert your Traditional IRA into a Roth IRA.
Roth IRA Conversion with Distributions Calculator
In 1997, the Roth IRA was introduced. This new type of IRA allowed for all gains (or growth) to be distributed completely tax-free provided certain requirements are met. Since then, people with incomes under $100,000 have had the option to convert all or a portion of their existing traditional IRAs to Roth IRAs. Starting in 2010, all IRA owners, regardless of income level, are eligible to convert their traditional IRA to a Roth. The conversion requires payment of income taxes on the amount converted. In this is payable with your income tax return for the year of conversion.
Should you borrow from a 401(k) or 403(b)?
The majority of 401(k) plans and a growing number of 403(b) plans let you borrow money from your account. A typical plan would allow you to borrow up to 50% of your balance, but not more than $50,000. Use this calculator to help you determine if you should borrow from your account and the potential impact on your retirement savings.
Traditional IRA Calculator
Contributing to a traditional IRA can create a current tax deduction, plus it provides for tax-deferred growth. Though long-term savings in a Roth IRA may produce better after-tax returns, a traditional IRA may be an excellent alternative if you qualify for the tax deduction.
Savings Goal Calculator
A 401(k) can be one of your best tools for creating a secure retirement. Use this calculator to see why this is a retirement savings plan you cannot afford to pass up.