Individual Account Pension Plan
Resources
These links can help you estimate your retirement income needs and the impact of contributing to your 401(k) account.
- Couple’s Guide to Retirement Planning (U.S. News & World Report): Provides an overview of topics couples should discuss when planning for retirement.
- Retirement Income Calculator (Vanguard): How much income will you need in retirement? Are you on track? Compare what you may have to what you will need. Use the sliders to see how small changes today could affect your financial future.
- Tax Savings Calculator (Bank Rate): Can 401(k) contributions really lower your tax bill? Use this nifty tax calculator to estimate the advantages of contributing to your 401(k).
- Lifetime Income Calculator (U.S. Dept. of Labor): Are you wondering how much retirement income you can expect from a 401(k)? Try out the Lifetime Income Calculator from the U.S. Department of Labor. Have your most recent Carpenters Trusts benefit statement nearby.
- How long will your money last? (Marketwatch): A million-dollar nest egg will last twice as long in Mississippi as it does in Hawaii. Check out this comparison.