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

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

Some may leave their future to chance but in the world of finance, the effects of the "confidence gap" can be apparent.

It sounds simple, but paying yourself first can really pay off.