Question 1

How much income will my 401(k) provide?

Accepted Answer

Project the balance to retirement and apply a withdrawal rate, about 4% a year is common. The calculator shows the annual and monthly income, before tax.

Question 2

Is 401(k) income taxed?

Accepted Answer

Traditional 401(k) withdrawals are taxed as ordinary income. Roth 401(k) withdrawals are tax-free if qualified. The income shown here is pre-tax.

Question 3

What withdrawal rate is safe?

Accepted Answer

Around 4% of the starting balance, adjusted for inflation, is a common guideline for a roughly 30-year retirement. Lower rates are more conservative.

Income My 401(k) May Provide

Your numbers

Retirement income

Related calculators