Retirement Plan Early Distribution Calculator
College Funding
Estimate what college may cost by the time your child enrolls, and how much to save each month to get there. Enter your numbers below and select Calculate.
A conservative estimate that assumes the full projected cost is saved by the time college begins.
How the goal gets funded
The share of the projected cost covered by your current savings versus what you'd still need to save.
This hypothetical example is used for illustrative purposes only and actual results will vary. The rate of return is not guaranteed. College costs and inflation rates vary widely by institution. This information is not intended as tax, legal, investment, or retirement advice or recommendations.
Retirement Plan Early Distribution
Taking money out of a retirement plan early can cost far more than the taxes alone. See what you'd actually keep after taxes and penalties — and the future growth you'd give up. Then select Calculate.
Potential value at retirement is what this amount could grow to if left invested instead of withdrawn.
Where your withdrawal goes
How your gross distribution splits between what you keep, income taxes, and the early-withdrawal penalty.
This hypothetical example is used for illustrative purposes only and actual results will vary. A distribution may push you into a higher tax bracket, and certain exceptions to the 10% penalty may apply. The rate of return is not guaranteed. This information is not intended as tax, legal, investment, or retirement advice or recommendations. Consult a qualified tax professional.
