Author Topic: calculator to estimate taxes on 401k withdrawal  (Read 1016 times)

mistymoney

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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.

MDM

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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

Retireatee1

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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.


 

Wow, a phone plan for fifteen bucks!