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.
Common Assumptions
Years until retirement 
Current annual income ($) 
Marginal tax bracket (%)help
Plan Information
Amount of early withdrawal ($) 
Annual before-tax return on 401(k) (%)help
Does your plan suspend contributions for six months for hardship withdrawal? 
If Yes, Current 401(k) plan contribution (%) 
Employer match (%) 
Maximum employer match (%) 

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.

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