401(k) Withdrawal Calculator
Plan your retirement withdrawals and optimize your tax strategy
💰 Account Information
📊 Assumptions
$701,276
Balance at Retirement
Funds last beyond life expectancy
Safe Withdrawal (4% Rule)
$2,338/mo
Real Return Rate
4.0%
Withdrawal Comparison
Balance Projection
Tax Breakdown (First Year)
Tax Strategy Comparison
Traditional 401(k)
Taxed on withdrawal
$2340/mo
-$158K tax
Roth 401(k)
Tax-free withdrawals
$3000/mo
No tax
Mixed Strategy
50/50 Traditional & Roth
$2670/mo
-$79K tax
📈 Retirement Planning Insights
🎯
Years to Retirement
5
Time to grow your balance
💵
Total Withdrawals
$1.0M
Over retirement period
📊
Total Tax Paid
$227K
At 22% rate
Frequently Asked Questions
- What is the 4% withdrawal rule?
- The 4% rule suggests withdrawing 4% of your retirement portfolio in the first year, then adjusting for inflation annually. This strategy aims to make your money last 30+ years in retirement.
- When do Required Minimum Distributions (RMDs) begin?
- RMDs from traditional 401(k) accounts begin at age 73 (as of 2023). The amount is calculated based on your account balance and IRS life expectancy tables.
- How can I avoid the 10% early withdrawal penalty?
- Avoid the penalty by waiting until age 59½, using Rule of 55 if leaving your job at 55+, taking substantially equal periodic payments (72t), or qualifying for hardship exceptions.