Roth 401(k) vs. Traditional 401(k)

Inputs

Annual Contribution

$0 $100,000

Years to Retirement

1 50

Annual Rate of Return (%)

%

Current Tax Rate (%)

▼

Expected Retirement Tax Rate (%)

▼

Future Value of Roth 401(k)

$ 883,609

Future Value of Traditional 401(k)

$ 1,132,832

After-Tax Value of Traditional 401(k)

$ 795,248

There are three things to consider before dipping into retirement savings to pay for college.

How does your ideal retirement differ from reality, and what can we do to better align the two?

Tax preparation may be the perfect time to give the household budget a check-up.