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

The examples of famous celebrities underline the need for a clear estate strategy.

Does it make sense to borrow from my 401(k) to pay off debt or to make a major purchase?

You may be considering purchasing a vacation property, this can be an exciting milestone, but there are a few things to consider first.