ZRO

Zero Tax Retirement Calculator

Amount in Tax-Now (Taxable) ($):

Includes most investments and interest-earning vehicles like CDs, stocks, mutual funds, etc., that are taxed annually or when gains are realized.

Amount in Tax-Later (Tax-Deferred) ($):

Includes retirement plans like 401(k), IRA, 403(b), SEP IRA, pensions, etc., where taxes are deferred until withdrawal.

Amount in Tax-Never (Tax-Free) ($):

Includes accounts like Roth IRA, Roth 401(k), Roth conversions, and cash value life insurance, which offer tax-free growth and withdrawals.

Planned Age to Claim Social Security:

Based on your selected age, the estimated maximum monthly benefit in 2024 is:

Age 62: $2,710/month
FRA: $3,822/month
Age 70: $4,873/month

Estimated Social Security Benefits per Month ($):

This value can be adjusted if you have a different amount in mind.

Filing Status:

Desired Annual Income in Retirement ($):

Reallocation Recommendations

Recommended Amount in Tax Now (Taxable):

Recommended Amount in Tax-Later (Tax-Deferred):

Recommended Amount in Tax-Never (Tax-Free):

Reallocation Needed

Move from Tax Now to Tax-Never:

Move from Tax-Later to Tax-Never:

Disclaimer: Taxes are due on conversions from Tax-Later to Tax-Never. The tax amount will depend on your specific tax situation and the amount converted. Please consult with a tax professional for personalized advice.