IRA/401(k)/403(b) Retirement Calculation
Updated October 1997 - Require minimum withdrawals using
IRS life expectancy table. At 70 1/2 you are forced
to withdraw the minimum. Also now adds 10% withdrawal penalty
for before 59 1/2.
Since the mortgage calculator is so popular, I put together
a form that does another calculation I find important, finding
out how much to put away tax deferred to get a certain amount
of money in the future, and how much you could expect to draw
out of that money. Just put in some numbers to see what I
am talking about! |
