Compare Roth 401(k) and Traditional 401(k) Retirement Savings Plans Calculator

Explorers Federal Credit Union

www.explorerscu.com

Compare Roth 401(k) and Traditional 401(k) Retirement Savings Plans
Calculator

You should explore all of your retirement savings options in order to ensure that you are getting the most returns for a comfortable retirement. Use this calculator to help you compare your possible returns from contributions to a traditional
401(k) savings account versus to a Roth 401(k) account.

Personal Information

Current Age

Retirement Age

Life Expectancy

Current Annual Income

Wage Growth Percentage

Contribution Percent

Investment Information

Pre-Retire Rate of Return

Post-Retire Rate of Return

Tax Rate Earning Years

Tax Rate Retirement Years

Results
Information
Resources

The calculator generates two Roth 401(k) plans for you to compare. Roth 1 uses the same contribution amount as the traditional 401(k) plan. Roth 1 requires that you pay taxes on contributions which will reduce your annual take home pay by $0. Roth 2 adjusts the contribution amount to include taxes and your take home pay is the same as the traditional 401(k) plan.

Contributions During Working Years

401(k)

Roth 1

Roth 2

Before Tax

Contribution Taxes

401(k) Contribution

After Tax Income

Annual Income During Retirement Years

Retirement Balance

Income Before Taxes

Tax on Income

After Tax Income

Explorers Federal Credit Union

Serving individuals and their family members who live, work, worship, attend school or regularly conduct business in Yankton, Bon Homme, Douglas or Hutchinson Counties of South Dakota, Knox or Cedar Counties of Nebraska. See website for details.

PO Box 704
Yankton, SD 57078-0704
(605) 665-4309
www.explorerscu.com

Federally insured by NCUA

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