How this calculator works
Withdrawals are taxed as ordinary income at your federal bracket and state rate, and before age 59½ a 10% penalty usually applies. What's left is the cash you keep. The calculator also shows what the full amount could grow to if left invested until retirement.
Worked example
With the example values below: Cash you keep, $12,600 (63% of the withdrawal). Change any number above to run your own.
What you enter
| Input | Example |
|---|---|
| Withdrawal amount | $20,000 |
| Federal tax bracket | 22% |
| State income tax | 5% |
| Under age 59½? | Yes, 10% penalty applies |
| Years until retirement | 30 yrs |
| Expected return | 7% |
Grow what this calculator projects.
TruthSayer AI sends quantitative stock signals across valuations, earnings and dark-pool activity, each one traded in its own funded account first.
Estimates for planning only, not financial, tax or legal advice. Tax tools use 2026 federal figures (brackets, $16,100 / $32,200 standard deduction, $19,000 gift exclusion, $15M lifetime exemption). Rates shown as defaults are examples; replace them with quotes you actually receive.