Enter your accounts and income sources to see year-by-year withdrawals, taxes, and balances through retirement.
About You
iYour birth month and year are used to calculate your current age and determine your RMD start age under SECURE Act 2.0 rules.
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iYour tax filing status affects bracket thresholds, standard deduction, IRMAA limits, and how Social Security taxability is calculated.
iThe age at which the projection ends. All account balances, income, and tax estimates are shown from your current age through this age.
iCost-of-living adjustment applied each year to your Social Security benefit and to IRS tax bracket thresholds. The historical SS COLA average is roughly 2.6%. General CPI inflation averages around 2–3%.
Applied to SS benefit and tax brackets each year
Pre-Tax Accounts (401k / IRA)
iYour total combined balance across all pre-tax accounts today — traditional 401(k), 403(b), traditional IRA, SEP-IRA, etc. All withdrawals from these accounts are taxed as ordinary income.
iExpected average annual growth rate on your pre-tax portfolio. A 60/40 stock/bond mix has historically returned around 6–7% nominally. Use a more conservative number (4–5%) for a safety-margin estimate.
iThe total annual income you want to receive in retirement. The calculator works out how much to pull from pre-tax vs Roth to hit this target while staying within your current tax bracket (up to 24%). Before SS starts, the full amount comes from accounts. After SS starts, account withdrawals fill the gap.
Added on top of target income · taxed as ordinary income
iAge at which you begin drawing from retirement accounts. Age 59½ is the IRS penalty-free threshold for most 401(k) and IRA withdrawals — 60 is used here as the practical default. No withdrawals are modeled before this age.
Earliest penalty-free 401k/IRA access is typically 59½
⚠️ Early Withdrawal Penalty: Withdrawals from 401k/IRA before age 59½ typically incur a 10% penalty unless you qualify for an exception (e.g., Rule of 55, substantially equal periodic payments, or disability). Consider using taxable brokerage accounts to bridge the gap or waiting until age 60.
Roth IRA / Roth 401k
iYour total Roth account balance today. Roth accounts grow tax-free and qualified withdrawals are never taxed. They also have no RMDs during your lifetime, so unspent balances compound indefinitely.
iExpected annual growth rate on your Roth portfolio. Since Roth growth is tax-free, the full return compounds without drag — making it especially valuable to hold higher-growth assets here if possible.
iHow much you plan to withdraw from Roth accounts each year. Roth withdrawals are completely tax-free and do not count toward AGI, provisional income for SS taxability, or IRMAA thresholds — making them a powerful tax management tool.
Tax-free; not counted in AGI or SS provisional income
Social Security
iYour combined Social Security benefit if you claimed at exactly your Full Retirement Age. Find this on your Social Security statement at ssa.gov. This is the baseline — claiming earlier reduces it, claiming later increases it.
iThe age at which you receive 100% of your earned benefit. For those born 1943–1954 it's 66. For those born 1955–1959 it phases up to 66+months. For those born 1960 or later it's 67.
iThe age you plan to start collecting Social Security. Claiming at 62 reduces your benefit by up to 30%. Delaying past FRA increases it by 8% per year up to age 70 (maximum 24% increase). Benefit is adjusted by COLA each year after claiming.
Taxable Brokerage Account
iYour current balance in taxable brokerage accounts. Unlike retirement accounts, these have no contribution limits or withdrawal restrictions, but investment gains are taxed each year as dividends or capital gains.
iExpected total annual return on your taxable portfolio before distributions. The portion paid out as dividends or LTCG is set separately below. The remainder is assumed to compound inside the account.
iThe percentage of your taxable account balance paid out annually as qualified dividends or long-term capital gains distributions. These are taxed at preferential rates (0%, 15%, or 20%) and also count toward NIIT and IRMAA thresholds. A typical index fund yields 1.5–2%.
% of balance distributed as qualified dividends or LTCG annually
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Ending Balance
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across all accounts
Lifetime SS Claimed
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Lifetime Withdrawal
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From ret. accounts
Peak Tax Year
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at age —
Lifetime Tax Paid
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federal + Medicare
Avg Effective Rate
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over projection period
RMD Start Age
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SS Benefit at Claim
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annual gross
Charts
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Income Sources & Tax Burden
Account Balances Over Time
Year-by-Year Detail
Age
Pre-Tax W/D
Conv
Roth W/D
SS (gross)
Div / LTCG
Taxable W/D
Gross Total
Fed Tax
Medicare
Net Income
Eff Rate
Strategy
Tax ↗
⚠Estimates only — not financial advice▶
Results are estimates based on inputs you provide. Actual results will vary based on market returns, tax law changes, and other factors. This is not financial advice. Consult a qualified financial advisor or tax professional. Full disclaimer →