How much do you need for retirement?

How much do you need for retirement?

Planning your dream retirement? Your retirement income can vary widely depending on what type of account holds your savings and what assumptions you make about return and tax rates during the accumulation and withdrawal periods. Roth 401(k) is similar to regular 401(k) except that contributions to the Roth account go in after-tax, and withdrawals in retirement are tax-free. This retirement calculator by WiserAdvisor can help you compare employee contributions to the new after-tax Roth 401(k) and the current tax-deductible 401(k) assisting you make confident decisions.

Want to know what a professional recommends?

Use our free match tool to compare up to 3 financial advisors

No Obligation. No Cost. Private and Confidential. Financial advisors are prescreened and registered with FINRA/SEC

Financial advisors are prescreened and registered with FINRA/SEC

Tell us your financial goals

Compare screened advisors

Find the advisor that is right for you

Enter your Zip code

Find pre-screened advisors
Review matched profiles
Receive free consultation

Interview top quality financial advisors who meet your requirements

WiserAdvisor Reviews

Note: The client testimonials appearing above may not necessarily be representative of all client experiences with WiserAdvisor. You may click on the number of total reviews hyperlinked above to review the entirety of the reviews WiserAdvisor has received. WiserAdvisor did not pay any compensation in consideration of such reviews.

Top Retirement Calculators

How will retirement impact my living expenses?

Are my current retirement savings sufficient?

When should I begin saving for retirement?

How do taxes and inflation affect you?

How much do you need for retirement?

Top Saving Calculators

How much you should be saving?

How long will it take you?

How does inflation impact my retirement income needs?

Top College Calculators

How much more you can accumulate?

Retirement Planning Advice

Are Your Average Retirement Savings Normal?

Retirement saving has always been a financial goal for most Americans. However, despite understanding the importance of saving for their retirement, most Americans are under-saving for their golden years, as reported by PwC's Retirement in America report. As per the study, one in four Americans have no savings for their retired life, and the remainder of the people who are saving...

How to Minimize Risk in Your Retirement Plan

Retirement planning can be an intricate process in all aspects. The place where you settle after retirement, the amount of money you would need in your retirement corpus, the impact of taxes on your retirement savings, and more, are some concerns that are...

What Are Good Tax Strategies for Retirement Income - Tips and Guide

Taxes affect your income while you are working, as well as after you retire. According to a recent survey of nearly 130,000 American consumers, an average American pays nearly $10,500 in income taxes annually, which is nearly 14% of an American...

What Is A 401K And How Does It Work?

Most people envision leading a comfortable life after retirement. However, it requires meticulous planning, investing at an early age, and managing funds wisely. Most people tend to neglect retirement plans when they're young. However, time flies faster than we realize. If we don't start early, saving for retirement can become more challenging down the line. Life entails many unknown...