| Current age: |
Your current age |
| Age of retirement: |
Age you desire to retire. |
| Annual contribution: |
The amount you will contribute
to your Traditional IRA each year. |
| Expected rate of return: |
The annual percent you expect
to earn on your investment. |
| Current tax rate: |
Your current marginal tax rate
you expect to pay on your taxable investments. |
| Retirement tax rate: |
The marginal tax rate you expect
to pay on your investments at retirement. |
| Adjusted gross income: |
What you anticipate your income
to be. This is used to calculate whether you are able
to deduct your annual contributions from your taxes. |
| Married: |
Check the box if you are married.
This is used to determine whether you can deduct your
annual contributions from your taxes. |
| Years until retirement: |
vNumber of years before retirement. |
| Employer plan: |
Check the box if you have an
employer sponsored retirement plan, such as a 401k or
pension. This is used to determine if you can deduct your
annual contributions from your taxes. |
| Total non-deductible contributions: |
The total amount for your contributions
that were deposited without a tax deduction. |
| Total contributions: |
The total amount contributed
to this IRA. |
| IRA total before taxes: |
Total value of your IRA at retirement
before taxes. |
| IRA total after taxes: |
Total value of your IRA at retirement
after taxes are paid. |
| Total taxable account: |
Total value of your savings,
at retirement, if the after tax contribution amount is
deposited into a taxable account. |
