Retirement Calculators

Online Retirement Calculators

457 Plan Withdrawal

Withdrawing money from a qualified retirement account, such as a 457 plan, can create a sizable tax obligation. Use this calculator to see what your net withdrawal would be after taxes are taken into account.

How Important is Social Security?

Losing the benefits of Social Security can have a serious impact on your retirement. This calculator can help you in visualizing this effect and graphs down your retirement savings by including the Social Security benefits and then deducting them. You can view the report for a more detailed analysis. This calculator uses JavaScript, so make sure you have it installed. If you use Internet Explorer, then please change the settings to ‘Allow Blocked Content’.

72(t) Distribution Impact

The Internal Revenue Service or IRS has some policies that permit you to withdraw money before the retirement period without incurring any additional penalties. However, this is possible under specific conditions only. The IRS has limited the maximum withdrawal amount by placing restrictions on the future rate which cannot be more than 120% of the Federal Midterm Rate. The approach may be conservative, but it ensures that your retirement funds will not be depleted prematurely. Still if your return rate is high, the amount in your account can increase even if you are withdrawing money. However, if you have to bear losses, the amount in your account may decrease faster than what you expected. You can use this calculator to examine how your account is impacted by 72(t)/(q) distributions. Please bear in mind that the IRS rules related to 72(t)/(q) Distributions cannot be understood by a layman. Therefore, consult a professional prior to making a decision. Also be aware that your chosen financial agency may support only a few distribution methods. This calculator uses JavaScript, so make sure you have it installed.

457 Savings Calculator

A 457 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 457 are tax-deferred. You only pay taxes on contributions and earnings when the money is withdrawn. Second, many employers provide matching contributions to your 457 account which can range from 0% to 100% of your contributions.

Pension Plan Retirement Options

There are many pension options available and choosing a suitable one from among them might be difficult for you. For instance, if you choose an option that will provide your spouse with a pension after you pass away does guarantee extra security, but that is at the cost of reduced monthly benefits. Similarly, if you select pension payments only for yourself, you can enjoy greater monthly payments, but you will have to save enough funds for your partner if she lives on after you. This calculator can help you decide the most suitable pension option for you.

401(k) Spend It or Save It Calculator

There are several ways to manage your 401(k) balance when you leave an employer. The most fundamental of which is should you spend it or save it? Depending on your age and tax bracket, making the wrong decision can cost you thousands of dollars both in taxes and lost earnings. This calculator helps illustrate the difference.

401(k) Savings 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. The combined result is a retirement savings plan you cannot afford to pass up. Javascript is required for this calculator. If you are using Internet Explorer, you may need to select to 'Allow Blocked Content' to view this calculator.

Calculate Required Minimum Distribution (RMD) for Current Year

If you turn 70.5 years of age, the IRS policies state that you must withdraw a certain amount from your retirement accounts every year. This is termed as the Required Minimum Distribution amount. As part of your retirement planning, you should estimate this amount beforehand so that you can figure out the amount of time for which your savings might last. This calculator can help you in this aspect.

Evaluate Your Retirement Income

This calculator can help determine an estimated amount of monthly income during your retirement phase. This income is largely affected by factors such as return rate, age and total annual savings. The calculator considers all these factors and then predicts a suitable value. Complete details and a breakdown of retirement savings on a yearly basis can be viewed in the report.

Retirement Plan Withdrawal calculator

If you withdraw money from retirement planning like the 401 (k), 402 (b) or Traditional IRA, you can incur a significant amount of money in the form of taxes. Moreover, if your age is less than 59.5 years, you will probably have to pay an additional penalty for withdrawing money before due time. This calculator will help you visualize the amount that you can withdraw by considering the effect of both penalties and taxes.

Retirement Planner Calculator

If you want your retirement phase to be as secure as possible, then this calculator can really help you a lot. It will create a very detailed plan for you and will let you withdraw the amount in your account as well as the money you withdraw on a yearly basis throughout your retirement period. You can also estimate a value for Social Security Benefits that is largely dependent on the money you earn. If you state that you have a spouse, you can enjoy even more benefits. This calculator will help you visualize the amount that you can withdraw by considering the effects of both penalties and taxes.

Roth vs. Traditional IRA

An IRA can be an effective retirement tool. There are two basic types of Individual Retirement Accounts (IRA): the Roth IRA and the Traditional IRA. Use this tool to determine which IRA may be right for you. Please note that this calculator should not be used for Roth 401(k) comparisons.

Roth vs. Traditional 401(k) and your Paycheck

A 401(k) can be an effective retirement tool. As of January 2006, there is a new type of 401(k) contribution. Roth 401(k) contributions allow you to contribute to your 401(k) account on an after-tax basis and pay no taxes on qualifying distributions when the money is withdrawn. For some investors this could prove to be a better option than the Traditional 401(k) contributions, where deposits are made on a pre-tax basis, but are subject to taxes when the money is withdrawn. Use this calculator to help determine the option that could work for you and how it might affect your paycheck.

Roth IRA Conversion

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 cos

Individual 401(k) Savings Calculator

If you want your retirement to be extremely secure, then you should opt for an Individual 401(k) plan. This can provide you with two notable benefits. The first is that all your contributions to a 401(K) and the amounts that you earn on them are tax deferred. The second advantage is that the maximum contribution values are quite high, which allows you to increase your retirement funds. Obviously, these two are very significant advantages that just cannot be left ignored at any costs. This calculator uses JavaScript, so make sure you have it installed. If you use Internet Explorer, then please change the settings to ‘Allow Blocked Content’.

Retirement Planner with Retirement Earnings Calculator

If you have trouble creating a protected retirement plan for yourself, then this calculator can be a great asset. Input a few parameters and it will display your savings and withdrawals on a year by year basis. You can also estimate a value for Social Security Benefit that is largely dependent on the money you earn. If you state that you have a spouse, you can enjoy even more benefits. This calculator will help you visualize the amount that you can withdraw by considering the effect of both penalties and taxes.

IRA Spend It or Save It Calculator

If you are thinking about spending your IRA before your retirement phase begins, the decision can be too heavy upon you in terms of finances. This is because you can lose a significant amount. You can use this calculator to help you decide if you should spend your IRA now or save it for the future.

Retirement Pension Planner Calculator

Want your retirement plan to offer the maximum possible security? This calculator can help a lot in this regard by creating a suitable retirement plan for you. The results show you a complete plan that lets you visualize your remaining balance and withdrawals for every year in your retirement phase. It also calculates a possible value for social security benefits that largely depend on your income. Moreover, if you mention that you have a spouse in your plan, you can enjoy more benefits.

Individual 401(k) Contribution Comparison

All those individuals who are self employed or those companies who appoint only spouses or partners have many benefits in terms of tax advantaged savings. They can select any option from SIMPLE IRA, SEP IRA, Profit Sharing program or a 401(k) account. Each of these choices has varying features, and thus different amounts have to be added to each plan on a yearly basis. You can use this calculator to compare the 401(k) plan to other options on the basis of the contribution amount.

Beneficiary Required Minimum Distributions

When you are the beneficiary of a retirement plan, specific IRS rules regulate the minimum withdrawals you must take. If you want to simply take your inherited money right now and pay taxes, you can. But if you want to defer taxes as long as possible, there are certain distribution requirements with which you must comply. Use this calculator to determine your Required Minimum Distributions (RMD) as a beneficiary of a retirement account. Javascript is required for this calculator.

72(t) Calculator

The Internal Revenue Code section 72(t) and 72(q) can allow for penalty free early withdrawals from retirement accounts under certain circumstances. These sections can allow you to begin receiving money from your retirement accounts before you turn age 59-1/2 generally without the normal 10% premature distribution penalty. Use this calculator to determine your allowable 72(t)/(q) Distribution and how it maybe able to help fund your early retirement. The IRS rules regarding 72(t)/(q) Distributions are complex. Please consult a qualified professional when making decisions about your personal finances. Please note that your financial institution may or may not support all the methods displayed via this calculator.

457 Plan: Roth vs. Pre-tax

A 457 plan contribution can be an effective retirement tool. The Roth 457 plan allows you to contribute to your 457 account on an after-tax basis - and pay no taxes on qualifying distributions when the money is withdrawn. For some investors, this could prove to be a better option than contributing on a pre-tax basis, where deposits are subject to taxes when the money is withdrawn. Use this calculator to help determine the best option for your retirement.

403(b) Savings Calculator

403(b) plans are only available for employees of certain non-profit tax-exempt organizations: 501c(3) Corps, including colleges, universities, schools, hospitals, etc. If you are an employee of one of these organizations, a 403(b) 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 403(b) are tax-deferred. You only pay taxes on contributions and earnings when the money is withdrawn. Second, many employers provide matching contributions to your 403(b) account which can range from 0% to 100% of your contributions. The combined result is a retirement savings plan you cannot afford to pass up. Javascript is required for this calculator.

401(k) Savings with Profit Sharing

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, some employers provide matching contributions to your 401(k) account which can range from 0% to 100% of your contributions. The combined result is a retirement savings plan you can not afford to pass up.

Required Minimum Distribution Calculator

According to the policies of the IRS, you have to withdraw a certain amount from specific retirement accounts on a yearly basis when you turn 70.5 years of age. This amount is termed as the Required Minimum Distribution amount. As part of your retirement planning, you should determine the amount that you will have to withdraw in the future. This calculator can help you in doing exactly that.

Retirement Account Contribution Accelerator

The best way to secure your retirement is to use a retirement account to your advantage. There are several options to select from, but a Contribution Accelerator can be a very good choice. This option permits you to make increasing contributions every year instead of fixed contributions. Moreover, you do not even have to keep track because the Contribution Accelerator does the job for you. As a result, your account balance rises rapidly. This calculator allows you to visualize the effect and determine an estimated savings amount if your contributions from your payroll automatically increase every year. You can also manually increase the contributed amount, but the automatic option is more convenient. This calculator uses JavaScript, so make sure you have it installed. If you use Internet Explorer, then please change the settings to ‘Allow Blocked Content’.

Retirement Nestegg Calculator

If you want to analyze the amount that you should accumulate for a secure retirement, you can use this calculator to determine a possible value for you.

Traditional IRA Calculator

Contributing to a traditional IRA can create a current tax deduction, plus it provides for tax-deferred growth. While 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. Javascript is required for this calculator. If you are using Internet Explorer, you may need to select to 'Allow Blocked Content' to view this calculator.

Social Security Benefits

Do you wonder how much you might receive in Social Security? Use this calculator to help you estimate your Social Security benefits. Remember, this is only an estimate. Your actual benefits may vary depending on your actual work history and income. Javascript is required for this calculator. If you are using Internet Explorer, you may need to select to 'Allow Blocked Content' to view this calculator.

Roth vs. Traditional 403(b)

A 403(b) contribution can be an effective retirement tool. As of January 2006, there is a new type of 403(b) - the Roth 403(b). The Roth 403(b) allows you to contribute to your 403(b) account on an after-tax basis - and pay no taxes on qualifying distributions when the money is withdrawn. For some investors, this could prove to be a better option than contributing on a pre-tax basis, where deposits are subject to taxes when the money is withdrawn. Use this calculator to help determine the best option for your retirement.

Roth vs. Traditional 401(k)

A 401(k) contribution can be an effective retirement tool. As of January 2006, there is a new type of 401(k) - the Roth 401(k). The Roth 401(k) allows you to contribute to your 401(k) account on an after-tax basis - and pay no taxes on qualifying distributions when the money is withdrawn. For some investors, this could prove to be a better option than contributing on a pre-tax basis, where deposits are subject to taxes when the money is withdrawn. Use this calculator to help determine the best option for your retirement.

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. Javascript is required for this calculator. If you are using Internet Explorer, you may need to select to 'Allow Blocked Content' to view this calculator.

How long will my retirement savings last?

This calculator lets you analyze the time period till which your retirement savings can provide you with an income. This calculation is done from the total funds that you have, the amount you withdraw every month and the inflation rate. This calculator uses JavaScript so make sure that you have it installed. If you use Internet Explorer, then please change the settings to ‘Allow Blocked Content’.

Retirement Shortfall Calculator - Retire On Your Terms

There are plenty of risks associated with retirement and one of them is the situation in which your retirement funds are exhausted in a relatively short period of time. This calculator can help you in this regard by estimating a shortfall amount for you. It will also give you an average time period for which you can expect your funds to last. If the report shows that you may suffer a shortfall in the future, then you can increase your savings, avail a better rate or postpone your retirement. This calculator will help you visualize the amount that you can withdraw by considering the effects of both penalties and taxes.

RMD & Stretch IRA Calculator

The IRS requires that you withdraw at least a minimum amount - known as a Required Minimum Distribution - from your retirement accounts annually; starting the year you turn age 70-1/2. Use this calculator to help determine how you can stretch out your payments for as long as possible.

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