What is the impact of early withdrawal from my 401(k)?
Many people feel the need to withdraw funds from their 401(k) plan due to hardship or other emergency. Use this calculator to help determine the impact of lost contributions and retirement funds due to early withdrawal.
Any rate of return entered into the calculator to estimate future values should be a reasonable average return for the period. Rates of return will vary over time, and generally the higher the rate of return the higher the degree of risk.
The information provided here is not intended to provide investment advice or portray actual investment results. The accuracy of this calculator and its applicability to your circumstances is not guaranteed. Any analysis is a result of the information you have provided. Material discussed is meant for general illustration and/or informational purposes only and it is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should only be relied upon when coordinated with individual advice from qualified professionals.
Mercer HR Services, LLC does not endorse and is not responsible for the content, or any of the policies, activities, products or services offered by CalcXML.
The information provided here is not intended to provide investment advice or portray actual investment results. The accuracy of this calculator and its applicability to your circumstances is not guaranteed. Any analysis is a result of the information you have provided. Material discussed is meant for general illustration and/or informational purposes only and it is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should only be relied upon when coordinated with individual advice from qualified professionals.
Mercer HR Services, LLC does not endorse and is not responsible for the content, or any of the policies, activities, products or services offered by CalcXML.
