« previous next »
Pages: 1

Author Topic: calculator to estimate taxes on 401k withdrawal  (Read 1151 times)

mistymoney

  • Magnum Stache
  • ******
  • Posts: 2995
calculator to estimate taxes on 401k withdrawal
« on: February 06, 2021, 03:47:23 PM »
I know a lot of you engineer your withdrawals very precisely.  Is there a calculator any of you would recomend?

Wondering how to determine taxes and withdrawing from which buckets, etc.
Logged

MDM

  • Senior Mustachian
  • ********
  • Posts: 11648
Re: calculator to estimate taxes on 401k withdrawal
« Reply #1 on: February 06, 2021, 08:19:07 PM »
We use a slight modification (for exact state taxes) of the case study spreadsheet. 
Logged

Retireatee1

  • Stubble
  • **
  • Posts: 236
  • Location: Fort Mill, SC
    • Retireator.org
Re: calculator to estimate taxes on 401k withdrawal
« Reply #2 on: March 15, 2021, 12:21:05 PM »
Give my Retireator a try, it will estimate state and federal taxes on 401K's as well as non-retirement accounts.

https://www.retireator.org/

It will also estimate how much additional savings drawdown is required to meet your expenses and cover those taxes.

Logged
Pages: 1
« previous next »